Baosteel Metals Co., Ltd. integrated the original Baosteel Industry Corporation, Steel Products Division, Automobile Trade Corporation, and wire products, and its core businesses include steel structures, metal packaging (can manufacturing), auto parts, and wire products. According to the reporter’s understanding, Baosteel has formulated a plan to fully enter the auto parts industry, focusing on the production of wheels, bodywork, power transmission systems, and chassis systems. It hopes to become a company with R&D capabilities, large-scale manufacturing systems, independent intellectual property rights, and international Marketing network, world-famous brands of well-known auto parts manufacturers and suppliers. The can manufacturing department of Baosteel has become the second largest supplier of Coca-Cola.
After the establishment of a metal company, Baosteel will focus on strategic products such as automotive steel, tinplates, wire rods, and steel for building structures to accelerate the development of the steel extension processing business. In the future, there will be more steel extension processing industries in the group entering the metal company. . According to the strategic development plan formulated by the metal company up to 2012, the company strives for sales revenue from the current 3 billion to 4 billion yuan to reach 20 billion yuan in five years.
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