Xiwang Special Steel Co., Ltd., subordinate to Xiwang Group Co., Ltd., was founded in December 2003 and located in Xiwang Industrial Park, Zouping County, Shandong Province. It was listed on the main board of Hong Kong in February 2012 (stock code 01266. HK). The company mainly produces special steel ingots, high-quality bearing steel, gear steel, steel for construction machinery and other special steels and high-strength corrosion-resistant building materials. The output of excellent special steel accounts for more than 70% of the total output of steel. Through the vigorous implementation of intelligent transformation, the informatization and intelligent upgrading of the whole process of steel manufacturing have been realized. The company is now a member of the Council of China Iron and Steel Industry Association, a standing council member of China Special Steel Enterprise Association and a standing council member of China scrap iron and Steel Application Association. On January 5, 2015, the Institute of metals of the Chinese Academy of Sciences took a stake in Xiwang special steel. The two sides cooperated to build an international advanced demonstration production line for clean and intelligent preparation of special steel for high-end equipment; In May 2015, the company was recognized by the National Laboratory; In 2016, we cooperated with China Renewable Resources Development Co., Ltd. to improve the scrap purchase processing distribution industrial chain and ensure the capacity matching of the industrial chain; In 2016, it passed JIS certification in Japan and KS certification in Korea; In January 2017, it passed the acceptance of safety standardization level II enterprises and the municipal safety culture construction demonstration base; On May 25, 2017, Xiwang special steel passed the certification of continuous casting process LZ50 steel axle billet for railway vehicles. The company is recognized by the Ministry of industry and information technology as an enterprise meeting the specifications of the iron and steel industry; With the
