Group Profile
HBIS Group Co., Ltd. (referred to as "HBIS") is committed to "high-end, green and intelligent" development, extending the steel industry chain to high-end manufacturing and promoting structural reorganization of congeneric businesses. HBIS is accelerating the transformation of "steel to materials, manufacturing to services" to build the most competitive steel enterprise enjoying world brand influence, and become a multinational industrial group with coordinated development amont different sectors including steel materials, emerging industries, overseas businesses and financial services. As of the end of 2024, the total assets of HBIS reached 553.9 billion yuan, and its operating income amounted to 402.1 billion yuan. HBIS rankes on the Fortune Global 500 list for 17 consecutive years.
Leveraging on world-class technology, equipment, and professionals, HBIS is dedicated to building manufacturing bases for high-end automobile plates, fine medium-thick plates, high-quality special steel, and vanadium-titanium new materials. HBIS provides customers with solutions of green, low-carbon steel and vanadium-titanium material technology solution. HBIS is China’s largest home appliance steelmaker and second-largest manufacturer of automobiles steel. We are also the world’s second-largest manufacturer of vanadium-titanium materials and a pioneer enterprise in steel for marine engineering and bridge construction. HBIS has received top rating regarding "extremely strong competitiveness" in the comprehensive competitiveness evaluation of the steel industry.
HBIS continues to promote the merging of similar businesses and structural reorganization based on industrial chain. By transforming service-oriented steel production processes into market-driven units and profit-generating units, HBIS has nurtured emerging industrial clusters encompassing financial services, industrial technology, digital technology, energy conservation and environmental protection, trade and logistics, equipment manufacturing, new energy, and fine chemicals, which have become new pillars of profitability.
Guided by market demand, centering on new materials, new energy, new processes, green and low-carbon, and intelligent manufacturing, HBIS is engaged in deeply connecting global scientific and technological innovation resources to promote high-quality development driven by technological upgrades. Until now, HBIS has boasted 4 national enterprise technology centers, 7 provincial enterprise technology centers, 7 CNAS-accredited physical and chemical testing laboratories, 3 provincial industrial research institutes, 7 key laboratories, 8 provincial technology innovation centers, 4 provincial engineering technology research centers, 4 provincial engineering research centers, 3 provincial manufacturing innovation centers, 4 postdoctoral research stations, 3 academician workstations (with 6 externally appointed academicians), 39 valid high-tech enterprises, and 1 national "little giant" enterprise specializing in precision and innovation.
Adhering to the green development philosophy of "harmonious coexistence of people, steel, and the environment," and aiming at carbon peak and neutrality, HBIS is the first to release low-carbon development technology roadmap in China. By applying six technology pathways and building two management platforms, HBIS strives to achieve carbon neutrality by 2050 and continuously usher in the low-carbon and green development of steel industry so as to play our parts in realizing the national goal of carbon peak and carbon neutrality.
A new era always comes together with new impetus and new hope. Guided by Xi Jinping’s socialist ideology with Chinese characteristics for a new era, HBIS endeavors to bring high-quality development to a new height, earnestly live up to our duty and contribute our efforts in promoting Chinese-style modernization.