Sinosteel Scie-Tech Development Company (Sinosteeltec) is the R&D center of Sinosteel Corporation which manages and combines all Sinosteel’s research institution effectively. Sinosteeltec provides business support for Sinosteel Corporation’s technology industry and Sinosteel’s research institution’s development through innovation, introduction, assimilation and absorption. Sinosteeltec is Sinosteel Corporation’s technology investment platform which builds up new technology industrial bases and helps the development of technology industry. Sinosteeltec promotes technology development and industrial resources integration under market principles based on Sinosteel Corporation’s centralized plan and arrangements. Sinosteeltec is a state-owned Chinese company, intend to invest in a number of industrial projects within and outside China, such as steel, petrochemical, cement and power plants, refineries, environment protection, energy saving as well as in infrastructure development.