Baotou Steel

Baotou Steel

Inner Mongolia Baotou Steel Union Co Ltd (hereinafter referred to as" the Company ") by the" Ministry of the Interior Unit Pi Zi No. 6, 1999 on the Implementation of the Declaration agreed on the establishment of the Inner Mongolia Baotou Steel Union Co., Ltd., "Reply to the document, approved by the State - owned steel plant of Baotou Iron and Steel (Group) Company Limited (hereinafter referred to as" Group Company"), the Shanxi Coking Coal Group Co, Ltd of Baotou City Xin Yuan, China First Heavy Machinery (Group) Co., Ltd., China Iron and Steel Burden of Huabei Company was launched with five other shareholders;The chief sponsor of the company and uses its plant, rail mill, Seamless Steel Wire (hereinafter referred to as the "four rolling mills") of all the operational assets through Inner Mongolia China CPA appraisal, as of 31 March 1999, the company invested in the Company's net assets is RMB 136, 581 0.06 yuan, Inner Mongolia, which had been issued by the evaluation value" in the 1999 divestiture of Ping Zi No. 129 "identified above.Four other receivable for all Group debt among 1, 880 million yuan to an equity stake in the firm, by then in the form of cash invested in the company, the total net worth of 138, 461 0.06 yuan, and Inner Mongolia State Assets" within the state with "1999, No. 204", the text of the reply of the exchange ratio is 1: 0. 65, as determined in accordance with 9 billion shares.

Company Profile

Baotou Iron and Steel (Group) Co., Ltd. is engaged by the Baotou Iron and Steel (Group) Co., Ltd. as the main sponsor, to the rolling system and the main body unit (including the rail beam, seamless, wire, a strip of four) via the net operational assets of guaranty for the financed funds after investment corporation, the simultaneous administration of Xishan Coal and Electricity (Group) Co Ltd, China's first company of heavy - duty, a Chinese iron and steel furnace burden of Huabei Company,Baotou Yuan Xin Machinery Manufacturing Co., Ltd.Dongying four founders of 29 June 1999, co - sponsored by a company limited by shares which is established via Company which took place on February 14, 2001 through a system of Shanghai Stock Exchange,power network pricing way successfully to the general public of the issued shares of RMB 1.00 yuan shares of 35,000 shares, companies with total capital of 125,000 shares
the main sponsor of Baotou Iron and Steel Group Company, the predecessor of Baotou Iron and Steel in 1954 the main sponsor of Baotou Iron and Steel Group Company, the predecessor of Baotou Iron and Steel in 1954 . The company is one of the ten largest steel and iron metallurgical industry in our country, steel output ranked the fifth in the top ten steel The company is one of the ten largest steel and iron metallurgical industry in our country, steel output ranked the fifth in the top ten steel .
SETC,In 1995, the National Bureau of Statistics of China's industrial enterprises with the optimal comprehensive evaluation 500 home listed at number 29 on the SETC,In 1995, the National Bureau of Statistics of China's industrial enterprises with the optimal comprehensive evaluation 500 home listed at number 29 on the . for the metallurgical industry and the development of Inner Mongolia economy revitalize contributed for the metallurgical industry and the development of Inner Mongolia economy revitalize contributed .
Baogang Group is formed of steel and rare earth production and mainly for the purpose of scientific research, energy, power, auxiliary, and comprehensive services of a modern,rare earth production system Baogang Group is formed of steel and rare earth production and mainly for the purpose of scientific research, energy, power, auxiliary, and comprehensive services of a modern,rare earth production system . in June 1998, approved by the government of Inner Mongolia Autonomous Region, the Baotou Iron and Steel by system reform as a whole, which was formally established by the Baotou Iron and Steel (Group) Co., Ltd.,
since 1998, the group "to reform and strive for existence and development, in the steel and iron, rare - earth" strategy, under the guidance of the push towards the establishment of modern enterprise system as the target of the reforms and at the same time, and initially formed the market of property right system, organization system and management system through the since 1998, the group "to reform and strive for existence and development, in the steel and iron, rare - earth" strategy, under the guidance of the push towards the establishment of modern enterprise system as the target of the reforms and at the same time, and initially formed the market of property right system, organization system and management system through the . institutional and structural adjustment, the basic composition is shown in the following: body manufacturer: 14, respectively, is: at Baiyun,Concentrator, sintering plant, coking plant, ironworks, steelworks, the blooming mill, the Department of Transportation, Power Supply Plant, Cogeneration Plant, and gas - fired plant, waterworks, oxygen plants, foundries, institutional and structural adjustment, the basic composition is shown in the following: body manufacturer: 14, respectively, is: at Baiyun,Concentrator, sintering plant, coking plant, ironworks, steelworks, the blooming mill, the Department of Transportation, Power Supply Plant, Cogeneration Plant, and gas - fired plant, waterworks, oxygen plants, foundries, .
subsidiaries: 28, respectively is: the company, a firm material, scrap company, sales company, the equipment company, design institute, real estate development company, Wuhai Mining company, Shuozhou mining companies;Rare earth high - tech, Steel, resistance to the new company, Tiancheng Wire Rod Co, Guyang Mines Company, China's Ye, Wan Kai Industrial Co., Ltd., mechanized company, service life, Kaijie construction company, machinery and equipment manufacturing, electrical manufacturing company, furnace and kiln company, industrial and civil construction company, Survey and Mapping Institute, star of the original industrial companies, foreign development firm, Architecture Research Institute, Metallurgy and Roller Manufacturing Company has been listed where 1, Inner Mongolia Baotou Steel Rare earth Hi tech Co., Ltd (stock code:)
600111 industry leading products and distribution:Steel shares after its establishment, the unlisted part of Baotou Steel Group Company is developing the new billet 370 tons, the installation workload of 15 billion yuan / a, other non - steel revenue of 8 billion yuan, account for around 10 percent of 600111 industry leading products and distribution:Steel shares after its establishment, the unlisted part of Baotou Steel Group Company is developing the new billet 370 tons, the installation workload of 15 billion yuan / a, other non - steel revenue of 8 billion yuan, account for around 10 percent of . distribution industry: mining, iron and steel smelting, rare earth, coal chemical, water, electricity, construction, transportation, machinery manufacturing, real estate development, telecommunications, internal and external tradeComprehensive services like distribution industry: mining, iron and steel smelting, rare earth, coal chemical, water, electricity, construction, transportation, machinery manufacturing, real estate development, telecommunications, internal and external tradeComprehensive services like .
As of 31 December 1999, the group has achieved an accumulated profit of 13.4 billion yuan, total assets of 23.4 billion yuan, net assets of 100 million yuan's full - time employees and 9. 2 million, of whom engineering technicians and over 20,000
Baotou Steel

Development Course

Baotou is an important steel production bases and the country's largest rare earth production, scientific research bases, the Inner Mongolia Autonomous Region is the largest industrial enterprise Baotou is an important steel production bases and the country's largest rare earth production, scientific research bases, the Inner Mongolia Autonomous Region is the largest industrial enterprise . 1954, founded the factory in 1998, was restructured as a company - run 1954, founded the factory in 1998, was restructured as a company - run .
Headquartered in Hexi Industrial Area of Baotou City, Inner Mongolia, central and covers an area of 36 km2 with Headquartered in Hexi Industrial Area of Baotou City, Inner Mongolia, central and covers an area of 36 km2 with . Baotou Steel owned "Baotou Steel shares" and" Rare earth " Baotou Steel owned "Baotou Steel shares" and" Rare earth ".
two listed companies in 2008, the economy and the main technical economic indicators reached the highest level in history, for the first time in more than 400 yuan in sales revenue, reaching 432 million, an increase of 100 billion yuan.an increase of 31. 7%;the output reached 983. of 9 tons, a year - on - year growth of 100 million tons, an increase of 32%;paid a tax of up to 37 billion yuan, a year - on - year growth of more than 10 billion yuan, an increase of 8 per cent of the local economy and society development of Baogang possessing a unique advantage possessing a unique advantage .
Baiyun ore is of iron, rare earth elements and other minerals and ores, is the largest iron ore reserves, ranking first in the world rare earth reserves, ranking second in the world, but also as a result of the Bayan Obo Baotou is praised as" world rare earth capital " Baiyun ore is of iron, rare earth elements and other minerals and ores, is the largest iron ore reserves, ranking first in the world rare earth reserves, ranking second in the world, but also as a result of the Bayan Obo Baotou is praised as" world rare earth capital ". Baogang has entered the ranks of China's ten million ton iron and Baogang has entered the ranks of China's ten million ton iron and .
possess international domestic advanced level of the cold - rolled and hot - rolled sheet and plate, the seamless steel pipe,heavy and large material, wire rod production line, is seen as one of the main steel rail production base, the Specification the most complete of the seamless steel tube production base in Hunan Province, the largest sheet production base possess international domestic advanced level of the cold - rolled and hot - rolled sheet and plate, the seamless steel pipe,heavy and large material, wire rod production line, is seen as one of the main steel rail production base, the Specification the most complete of the seamless steel tube production base in Hunan Province, the largest sheet production base . Baotou's industry and has the pivotal status Baotou's industry and has the pivotal status .
rare - earth oxide in a total amount of the national market shares of over 40 per cent, Alumina, NdFeB powder, the powder material and functional capacity, representing the country's market share of 20% or more, rare earth metals of praseodymium and neodymium, the country's market share of 30% rare - earth oxide in a total amount of the national market shares of over 40 per cent, Alumina, NdFeB powder, the powder material and functional capacity, representing the country's market share of 20% or more, rare earth metals of praseodymium and neodymium, the country's market share of 30% . owns our authoritative Baotou's rare earth research institute, "Recco rare earth metallurgy and material function of National Engineering Research Center",Zeng is the space shuttle Discovery's Alpha Magnetic Spectrometer, China "Shenzhou" spacecraft and launch vehicle, Chang 'e I launch vehicle to provide important magnetic material owns our authoritative Baotou's rare earth research institute, "Recco rare earth metallurgy and material function of National Engineering Research Center",Zeng is the space shuttle Discovery's Alpha Magnetic Spectrometer, China "Shenzhou" spacecraft and launch vehicle, Chang 'e I launch vehicle to provide important magnetic material .
Baotou Steel is committed to scientific and technological progress and independent innovation Baotou Steel is committed to scientific and technological progress and independent innovation . CSP and high speed rail, two developments in the field of technology developed by the National Prize for Progress in Science and Technology in Germany, Italy, our CSP and high speed rail, two developments in the field of technology developed by the National Prize for Progress in Science and Technology in Germany, Italy, our .
is the first in Asia, the world's second CSP of training base, is an Italian company in China, the only training centre of the grinding machine, the sheet of production, management and seamless production techniques are realized by the foreign output of Baogang is the first in Asia, the world's second CSP of training base, is an Italian company in China, the only training centre of the grinding machine, the sheet of production, management and seamless production techniques are realized by the foreign output of Baogang . remains committed to improving the quality and create the famous brand remains committed to improving the quality and create the famous brand .
hot rolled sheet,seamless steel pipes and other products that are accredited by international rail and seamless pipe was awarded "China Famous Brand", the General Administration of Quality Supervision, Inspection and Quarantine of the People's Republic of China seamless steel pipe is determined to be "free Inspecion product", "Bayan Obo" brand rare earth products are famous home and abroad always hot rolled sheet,seamless steel pipes and other products that are accredited by international rail and seamless pipe was awarded "China Famous Brand", the General Administration of Quality Supervision, Inspection and Quarantine of the People's Republic of China seamless steel pipe is determined to be "free Inspecion product", "Bayan Obo" brand rare earth products are famous home and abroad always . Baogang broad promotes open cooperation, win - win development with Baogang broad promotes open cooperation, win - win development with .
Baosteel signed a strategic alliance framework agreement with the original fuel suppliers at home and abroad to strengthen the strategic partnership between Baosteel signed a strategic alliance framework agreement with the original fuel suppliers at home and abroad to strengthen the strategic partnership between . product sales network throughout the country, in 13 provinces of Baotou Steel's sales branch or sales service outlets in Japan,U.S. and other countries with sales subsidiaries
Baotou Steel in the way of social responsibility in resource conservation, Baotou Steel in the way of social responsibility in resource conservation, . the first "full - dry dedusting of blast furnace, the lead in making a national demonstration eco - industrial park, was listed as the country's first experiment in circular economies, China in 2007" issued by China's 50 Best Green Energy Enterprises", and ranks first in Baotou Baogang the first "full - dry dedusting of blast furnace, the lead in making a national demonstration eco - industrial park, was listed as the country's first experiment in circular economies, China in 2007" issued by China's 50 Best Green Energy Enterprises", and ranks first in Baotou Baogang .
adheres to the principle of "perseverance, and self - transcendent spirit of enterprise," at the end of the Eleventh Five - Year Plan and realize sales revenue worth tens of billions of dollars by double adheres to the principle of "perseverance, and self - transcendent spirit of enterprise," at the end of the Eleventh Five - Year Plan and realize sales revenue worth tens of billions of dollars by double . We will adhere to the structural adjustment, is achieved by focusing more on the scale to "scale + boutique"Development of transition;adhere to the principle of open cooperation. We achieved by focusing on self - development to open development of the transition;adhere to the technology and the innovation of management support, realizes the hardware from the focus on the increasing equipment level and pay attention to the hardware upgrade their "soft power" of the transition;adhere to the principle of energy conservation and emissions reduction on a priority basis, the effect achieved by the overall system to improve transition
Baotou Steel

Listing Processes

Inner Mongolia Baotou Steel Union Co Ltd (hereinafter referred to as" the Company ") by the" Ministry of the Interior Unit Pi Zi No. 6, 1999 on the Implementation of the Declaration agreed on the establishment of the Inner Mongolia Baotou Steel Union Co., Ltd., "Reply to the document, approved by the State - owned steel plant of Baotou Iron and Steel (Group) Company Limited (hereinafter referred to as" Group Company"), the Shanxi Coking Coal Group Co, Ltd of Baotou City Xin Yuan, China First Heavy Machinery (Group) Co., Ltd., China Iron and Steel Burden of Huabei Company was launched with five other shareholders;the chief sponsor of the company and uses its plant, rail mill, Seamless Steel Wire (hereinafter referred to as the "four rolling mills") of all the operational assets through Inner Mongolia China CPA appraisal, as of 31 March 1999, the company invested in the Company's net assets is RMB 136, 581 0.06 yuan, Inner Mongolia, which had been issued by the evaluation value" in the 1999 divestiture of Ping Zi No. 129 " Wen confirmed four other receivable for all Group debt among 1, 880 million yuan to an equity stake in the firm,by another form of monetary capital invested in the company, the total net worth of 138, 461 0.06 yuan, and Inner Mongolia State Assets" within the state with "1999, No. 204", the text of the reply of the exchange ratio is 1: 0. 65, the folding is
9 million shares of the Company in June 1999 to the establishment, on 29, 2001 in February as the CSRC YZJFZ 2001 No. 16 "with the approval of the Company Stock Exchange stock 35, 000 shares, in February 2001 and 23 in the Inner Mongolia Autonomous Region Administration of Industry and Commerce registration,The registered capital was changed to 9 billion yuan (US $12. 5 billion yuan. The legal representative: Lin Donglu.May 24, 2004, subject to the Company's Board of Directors at the tenth meeting of the resolution, agreed with Lin Donglu to resign from the company and Chairman of the Board of Directors, elected Cao Zhongkui is the chairman and legal representative of the company, and dated 15 July 2004 in Inner Mongolia Administration for Industry and Commerce registration company registration number: 1500001007122, Registered Address: Hexi Industrial Area, Kun District, Baotou City, Inner Mongol company registration number: 1500001007122, Registered Address: Hexi Industrial Area, Kun District, Baotou City, Inner Mongol .
and the shares of the Company on 9 March 2001 and listed in the Shanghai Stock Exchange with stock code as 600010. This Corporation is mainly specialized in producing and selling black metal and its pressing products, processing products,metallurgical machinery, equipment and accessory, offering automobile goods transport and consultation about steel production technology Company on Nov. 16, according to the China Securities Regulatory Commission (Zhengjian Faxing Zi 2004 - 157 - documents are subject to the approval of issuing RMB 18 billion yuan with a par value of 100 yuan / piece, for a period of five years at an annual rate equal to: the first year of 1. 3%, 1. 5% in the third, 1. 7% at 3 years, 2. 1%,for the fifth year in a 2. 6%
initial conversion price was 4. 62 per share, for the period of 6 months of the date after the maturity date of the Convertible Bonds 2005 June 1 With the second Board of Directors of the Seventeenth Meeting of the Conference, adopted the Declaration on the downward correction in the steel - production convertible (110010) set out in the bill ", the Company's Board of Directors decided, on 2 June 2005, in accordance with the proportion of 10% leads to a downward correction in the price, by the initial conversion price of 4. 62 per share, revised up to 0.15 yuan per share; andinterim profits due to bonus share for them is a 5 - to 5 shares of capital reserve, on 14 November 2005 will conversion price by 4 yuan / Unit 1.
98 yuan / share for the year ended December 31, 2005. Accumulated Unit 182, 163, 158. 00 Unit
Baotou Steel

Company Executives Structure

Ji Xiaohui, chairman of the Male Master Chen Xin Fu Jianhua, vice - chairman of Masters male male vice - chairman Ma Xinsheng, president of the Master's and graduate Master Pan Weidong's Master Sha Yuejia male graduate director Shen's Master Dong Mi Wang Guan Yu's undergraduate Wei Peng City's Master Yang Dehong, director of the male and female postgraduate Master Zhu Min, director of Dr. Bird's Master Bao Shi Wen's Master Zhang is a man of independent directors Dr. Jiu Su Zhao Independent Director Dr. 20 men. Strong men 00 Xu Independent Director and Master's graduate Liu Tinghuan male Independent DirectorUndergraduate 20.00 Sun Nan Zheng Independent Director Dr 20. 00 Guo is Independent Director of the Master's and male graduate student Chen Xuebin male Independent Director Dr 20. 00 Liu Bin Male members of the board of directors is the Chairman of the Board of Supervisors University Baumol, male supervisors and 20 masters. 00 Hu, 20 male supervisor Dr. 00 Li Qingfeng male supervisors and postgraduate Master Zhang Baohua male supervisors Master Lin De Zhang male supervisors and postgraduate Master Li hosts an insured worker or a postgraduate master's supervisors, and Yang was the red male worker - supervised graduate students Feng Shurong male employees and supervisors of university management, the name of the members of the gender dutyacademic salary (yuan) holdings (Wan), Fu Jianhua, vice - governor of male Master Ji Guangheng male deputy Master - ginger male undergraduate Liu Mingsheng, deputy governor of the Lutheran male deputy Master of Finance Director Mu vector male deputy Master Graduate Shang Hongbo Master Xu Yan, vice - president of male female deputy executive part - time EMBA Zhang Baohua Jinjiang International (Group) Co., Ltd., Assistant to the President of the financial services chairman Chen Xin from Shanghai International Group Co., Ltd., a vice - chairman of Yang Dehong, deputy general manager of Shanghai International Group Ma Xinsheng, chairman of Bailian Group Co., Ltd,Peng Wei, secretary of the Jiangsu province city of CNTC company general manager, secretary of the Ji Xiaohui from Shanghai International Group Co., Ltd, Chairman of the Board of Directors of Citigroup, Mr. Pan Weidong, chief executive of Citi Asia Pacific, Shanghai International Trust Co., Ltd., Chairman of the Board of Directors of Wang Guan Yu General Manager of Shanghai Post Company, Lin De Zhang, secretary of the Shanghai Telecom Deputy General Manager Li Qingfeng in Shanghai Jiulian Group Co., Ltd

Scope Of Business

production and sale of ferrous metals, steel product, and calendaring processing products, metallurgy machine, equipment and accessories, import and export trade and consulting business (Production and operation which permissions are required under laws, administrative rules and regulations and State Council decrees may not be performed without permission), and consultation about steel production technology, the coke and byproduct production and sales, investments of metallurgy, ferrous metal smelting, industrial oxygen, industrial nitrogen, Industrial hydrogen, pure argon, compressed air, steam, gas, city gas business, purchasing steel products, refractories, metallurgy charging products production and sales, transfer of technology and construction services, waste processing, procurement and sales,proprietary technology (blast furnace bell - less top charging device), and the power equipment of the construction, maintenance and repair technology and electricity services, transportation and industrial train production and sale of ferrous metals, steel product, and calendaring processing products, metallurgy machine, equipment and accessories, import and export trade and consulting business (Production and operation which permissions are required under laws, administrative rules and regulations and State Council decrees may not be performed without permission), and consultation about steel production technology, the coke and byproduct production and sales, investments of metallurgy, ferrous metal smelting, industrial oxygen, industrial nitrogen, Industrial hydrogen, pure argon, compressed air, steam, gas, city gas business, purchasing steel products, refractories, metallurgy charging products production and sales, transfer of technology and construction services, waste processing, procurement and sales,proprietary technology (blast furnace bell - less top charging device), and the power equipment of the construction, maintenance and repair technology and electricity services, transportation and industrial train . the State laws, administrative regulations and decision issued by the State Council shall be approved may not be conducted before receiving approval for the production and distribution) the State laws, administrative regulations and decision issued by the State Council shall be approved may not be conducted before receiving approval for the production and distribution) .

Business Condition

it is estimated that the annual net profits decreased 80% - 120% it is estimated that the annual net profits decreased 80% - 120% . because of the international financial crisis, the market demand and overcapacity in the steel, iron and steel product domestic market overall price declines and other factors affecting 1 - 3 so that the company is still loss - making quarters, although the second and third quarter steel prices recovered slightly, but in the fourth quarter is expected prices will remain low, and he said he expected 2009 net profit year - on - year decline of 80% to 120% because of the international financial crisis, the market demand and overcapacity in the steel, iron and steel product domestic market overall price declines and other factors affecting 1 - 3 so that the company is still loss - making quarters, although the second and third quarter steel prices recovered slightly, but in the fourth quarter is expected prices will remain low, and he said he expected 2009 net profit year - on - year decline of 80% to 120% .
in the business of the company's problems and solutions in - depth study of the international financial crisis on the production and operation, as the adverse effects and give a positive response,surmount and solve business problems and difficulty, which ensures the normal operation of the company's in the business of the company's problems and solutions in - depth study of the international financial crisis on the production and operation, as the adverse effects and give a positive response,surmount and solve business problems and difficulty, which ensures the normal operation of the company's . the main problems that exist in difficult and: 1) as steel prices continue to hover low, an insufficient amount of the main problems that exist in difficult and: 1) as steel prices continue to hover low, an insufficient amount of .
products mainly contract in the face of this situation, the Company has given full play to product variety, complete specifications, toner of larger variety of advantages, take effective measures, will benefit in higher product yield, efforts to increase economic benefit by products mainly contract in the face of this situation, the Company has given full play to product variety, complete specifications, toner of larger variety of advantages, take effective measures, will benefit in higher product yield, efforts to increase economic benefit by . First, seize opportunities, and improve the degree of the steel material for production;second, increase the railway with the non - steel has the best efficiency line at 350 kilometers an hour of heavy rail production;Third, firmly grasp the wire rod and bar products such as building materials market, timely adjust the products structures;fourth, firmly restrict the cost - effective production of a product that is wrong;Fifth, according to market conditions and production situations, and shut down at the beginning of the rolling line and adjusts the beam in time;Sixth, adjust the maintenance plan, ensure efficient products in the market is a good season for First, seize opportunities, and improve the degree of the steel material for production;second, increase the railway with the non - steel has the best efficiency line at 350 kilometers an hour of heavy rail production;Third, firmly grasp the wire rod and bar products such as building materials market, timely adjust the products structures;fourth, firmly restrict the cost - effective production of a product that is wrong;Fifth, according to market conditions and production situations, and shut down at the beginning of the rolling line and adjusts the beam in time;Sixth, adjust the maintenance plan, ensure efficient products in the market is a good season for .
2) stimulation of transportation, difficulty and 2) stimulation of transportation, difficulty and . 2009 Hohhot Railway Bureau from loading plan fulfillment rate, returning rate of the vehicle is returned to the factory, a railway car factory in the residence time, the efficiency of rail operations, the loading mass and so the company put forward higher requirements for this 2009 Hohhot Railway Bureau from loading plan fulfillment rate, returning rate of the vehicle is returned to the factory, a railway car factory in the residence time, the efficiency of rail operations, the loading mass and so the company put forward higher requirements for this .
, on the one hand, to reinforce the company internal transport tissues, improve the transportation efficiency, improve the quality of the truck, railway car in the workshop so as to accelerate the turnover speed of inventory;On the other hand, to strengthen relevant coordination work of railway department, railway from outsourcing initiative, reaching the flatbed truck, the vehicle is handed over from Syria in the company of railway transport to create the conditions to ensure the company product smoothly output , on the one hand, to reinforce the company internal transport tissues, improve the transportation efficiency, improve the quality of the truck, railway car in the workshop so as to accelerate the turnover speed of inventory;On the other hand, to strengthen relevant coordination work of railway department, railway from outsourcing initiative, reaching the flatbed truck, the vehicle is handed over from Syria in the company of railway transport to create the conditions to ensure the company product smoothly output . 3) Faced with the pressure, will our money into the market demand is large, the high price of the product of the capital project of the construction company for the healthy development of the Company during the report period 3) Faced with the pressure, will our money into the market demand is large, the high price of the product of the capital project of the construction company for the healthy development of the Company during the report period .
business case review of the reporting period, the Company's iron, steel, commodity blank production respectively of 482. 5 tons, and 501. 6 tons, 479 million tons, a year - on - year increase by 5. 34%,7. 56%, 7.69%;172 realized sales revenue of 1.96 billion yuan, down 12. 45% Net Margin - 7.48 billion yuan, a year - on - year profit decreased by 167. 64%
Baotou Steel

Major Events

2011

Baotou Steel shares were suspended from the end of 2008 to clarify my country's rare earth regulation measures taken since the price of neodymium metal from less than 10 yuan / ton up to 140 yuan / ton, and that accordingly, the A - share market bellwether Baotou's rare earth (600111) from the end of 2008 of $4.58 per yesterday's close 77. 72 yuan, more than two years rose 1596. 9% borrow money day trading rumors detonation, media reports said, Baotou Steel shares (600010) and Panzhihua vanadium and titanium (000629) have entered into an agreement with Sichuan Panzhihua Panzhihua - Xichang Rift Zone of Guangzhou Economic and Technological Development Zone () signed a framework agreement,With a total investment of about 28 billion yuan, with the construction of the Panzhihua vanadium - titanium - rare earth industrial park project, Panzhihua vanadium - titanium - rare earth co., ltd. and inaugurated in
reported, also citing the Panxi zone office sources said, after the projected development of the mines of over 4000 reported, also citing the Panxi zone office sources said, after the projected development of the mines of over 4000 . billion yuan on the news of the day (000728 Guoyuan Securities Business Department of Shanghai Hongqiao Road) and Yueyang Founder Securities Business Department buy Huarong Road north of the city were 1. 96 billion yuan and 1 billion yuan of Baotou Steel shares, pushing the stock trading, Panzhihua vanadium and titanium also rose 3%
however, two stocks were suspended yesterday both however, two stocks were suspended yesterday both .,Yesterday the shares to Baotou Steel Company's securities affairs representative at Super said Baotou Steel shares with Panzhihua vanadium and titanium in joint development of Panxi rare earth failure is not present, the company did not intend to develop rare earth of Sichuan Panzhihua vanadium and titanium ,Yesterday the shares to Baotou Steel Company's securities affairs representative at Super said Baotou Steel shares with Panzhihua vanadium and titanium in joint development of Panxi rare earth failure is not present, the company did not intend to develop rare earth of Sichuan Panzhihua vanadium and titanium .
Rabih Freiha, also denied, said the company would run the risk of clarified Rabih Freiha, also denied, said the company would run the risk of clarified . rare - expensive Invar, to hard - to - recent rare earths having anything to do with the stocks, the market's sustained attention, which is the result of a rare - earth prices and continued strong momentum this close rare - expensive Invar, to hard - to - recent rare earths having anything to do with the stocks, the market's sustained attention, which is the result of a rare - earth prices and continued strong momentum this close .
, the nonferrous metals industry analyst at Guolian Securities Xu Hui Kan said, in recent years, prices continued to rise, on the one hand, the rare - earth sold the "price" of bringing order out of chaos,Chinese control over the Speech Right for Price of corollary , the nonferrous metals industry analyst at Guolian Securities Xu Hui Kan said, in recent years, prices continued to rise, on the one hand, the rare - earth sold the "price" of bringing order out of chaos,Chinese control over the Speech Right for Price of corollary . recent rare earth prices going up, so that the growth period can be, in particular the metals neodymium oxide, praseodymium oxide, neodymium oxide, a rare earth compound in the last week around 20 percent of the increase is expected in the second half of the rise channel runs recent rare earth prices going up, so that the growth period can be, in particular the metals neodymium oxide, praseodymium oxide, neodymium oxide, a rare earth compound in the last week around 20 percent of the increase is expected in the second half of the rise channel runs .
yesterday, as the world's largest rare earth importer of Japan's news that the Japanese chemical giant Shin - Etsu Chemical From July this year, will be used in hybrid and air - conditioning motor magnet of the rare - earth shipments have raised prices by over 40 yesterday, as the world's largest rare earth importer of Japan's news that the Japanese chemical giant Shin - Etsu Chemical From July this year, will be used in hybrid and air - conditioning motor magnet of the rare - earth shipments have raised prices by over 40 . plus performance driven hot money to vend, substantial themes of the rare - earth stocks not to rise to hard - to - plus performance driven hot money to vend, substantial themes of the rare - earth stocks not to rise to hard - to - .
operation, attracts the attention lowly Baotou Steel Rare Earth,(600549 Xiamen Tungsten), shares in the color (000758), Rising Non - ferrous Metals (600259) operation, attracts the attention lowly Baotou Steel Rare Earth,(600549 Xiamen Tungsten), shares in the color (000758), Rising Non - ferrous Metals (600259) .

2012

Baotou Steel Rare - earth won the big, Baotou's May 9, 2012 win financing to buy 2. 08 billion yuan, the skimming Financed pay off amount, make enough money in the one - day net inflows of around RMB 30 million yuan; Citic Securities or on multi - financing projects of 1. 21 billion yuan, while the financing is repaid 5677 yuan, presentation made on capital inflows more than 64 million yuan; Liaoning Cheng Da's day is financed funds for purchasing 1 billion from the 5 vote of Baotou's heart: the punch 22 billion for pollution, much attention has been paid to environmental problems, Baotou Steel Rare Earth says it will continue to spread a total of 22 billion yuan in rare - earth smelting separation links,will tie in with the rare earth in Baotou Steel Group TAILINGS DAM RETIREDIN JIANGNING 5 vote of Baotou's heart: the punch 22 billion for pollution, much attention has been paid to environmental problems, Baotou Steel Rare Earth says it will continue to spread a total of 22 billion yuan in rare - earth smelting separation links,will tie in with the rare earth in Baotou Steel Group TAILINGS DAM RETIREDIN JIANGNING .
now the whole project is being planned, and this year it will begin to be now the whole project is being planned, and this year it will begin to be . governance project completed, Baotou's move to comply with discharge limits after necessary treatment and even "zero emission" governance project completed, Baotou's move to comply with discharge limits after necessary treatment and even "zero emission" .
Baotou's Vice Chairman Chao Lu died of illness at Baotou Steel Rare - Earth (600111) on August 9 night announcement, recently, the directors of the company, Vice Chairman Chao Lu died due to illness in Baotou Baotou's Vice Chairman Chao Lu died of illness at Baotou Steel Rare - Earth (600111) on August 9 night announcement, recently, the directors of the company, Vice Chairman Chao Lu died due to illness in Baotou .

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March 11, 2011, Baotou Steel shares will increase the published programme March 11, 2011, Baotou Steel shares will increase the published programme . Baogang Group to be not less than 5 and not more than 20 billion yuan in cash from the shares Baogang Group to be not less than 5 and not more than 20 billion yuan in cash from the shares .
this programme after the release of Baotou Steel (Group) Co shares surged for three consecutive days.

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