Xining Special Steel Co., Ltd. (600117)

Overview

Xining Special Steel Co., Ltd is a comprehensive enterprise established in 1997, based in Xining, China, primarily focusing on the smelting, rolling, and processing of special steel products. The company's operations are diversified across five main segments: Real Estate Development and Sales, Coal Mining and Sales, Steelmaking and Rolling Steel division, Comprehensive Utilization of Resources, and Commerce and Other. Beyond its core activities in the steel industry, Xining Special Steel extends its reach into coal coking, mineral product development and operation, new technology research in aluminum alloy materials, and more. Additionally, it engages in the sale of building materials and real estate development, along with offering services in iron and steel science and technology research and development, technical consultations, and technology transfer. The company's products and services cater to a wide range of industries including automobiles, engineering machinery, railways, ships, petrochemicals, mining machinery, new energy, weapons and equipment, aerospace, and more.

Products and Services

• Steel Products

  Xining Special Steel manufactures a diversified portfolio of steel types including carbon structural steel, carbon industrial steel, composite steel, composite industrial steel, bearing steel, mold steel, stainless steel, and spring steel. The company's steel products come in various forms such as hot-rolled bars, forged bars, cold-drawn silver bright materials, special-shaped electroslag castings, and more. These products find application in critical industries like automotive, engineering machinery, railways, shipping, petrochemicals, mining and coal machinery, new energy sectors, military hardware, aerospace, among others.

• Coal Mining and Sales

  In addition to its steelmaking activities, the company is involved in coal mining, capitalizing on the synergies between coal and steel production. This includes the extraction, processing, and sale of coal, which serves as a vital raw material for both the steel industry and energy generation.

• Real Estate Development and Sales

  Expanding beyond its industrial base, Xining Special Steel also engages in the real estate sector. It develops and sells residential, commercial, and industrial properties, leveraging its expertise in construction and material supply to enhance its market position in real estate development.

• Comprehensive Utilization of Resources

  This segment encapsulates the company's initiatives in environmental sustainability and resource efficiency, focusing on the innovative use of by-products from steel and coal production. It includes efforts in recycling, waste material utilization, and the development of environmentally friendly technologies.

• Commerce and Other Services

  The company also operates in commercial activities related to its main business. This encompasses the sale of building materials, metallurgical casting products and furnace materials, iron art, and construction auxiliary items, reflecting its vertical integration strategy. Additionally, Xining Special Steel offers a range of services in iron and steel science and technology research and development, technical consultation, technology transfer, and technology application, supporting innovation and best practices in the industry.