The Removal of Sinosteel Xi’ an Heavy Machinery Co., Ltd. Was Starting

On October 20, 2006, Sinosteel Xi’ an Heavy Machinery Co., Ltd. removed item start working ceremony was hold in Xi’ an Economic Exploitation District Jingwei Industry Garden. Sinosteel President Huang Tianwen, Vice President Jiang Hong and Vice Secretariat Shao Dianxiang, Xi’ an Governor.

Secretary-General Wang Qiwen, Vice Chief Executive Huang Shengshen, and related leader from Xi’ an Governor, Xi’ an Economic Exploitation District, Gaoling County, function department of Sinosteel, speciality companies, manufactured principals, news media and six hundreds stuffs from Sinosteel Xi’ an Heavy Machinery Co., Ltd. were attended the ceremony.

On the ceremony, the speeches were given by Sinosteel Vice President Jiang Hong, Sinosteel Xi’ an Heavy Machinery Co., Ltd. Chairman Zhou Hezhou, and Xi’ an Vice Chief Executive Huang Shengshen, then President Huang Tianwen carry out the order of start working, and all the honored guest lay a foundation.

It is a large enterprise, which supplied integrated and systematic service with resources development, trade & logistics, engineering technology, equipment manufacture and speciality service, Sinosteel is struggling to upgrade speciality service ability on transferring to industrial. Equipment manufacture is a foundation industry offered technology equipment for country economic development, is a mainly industry of Sinosteel which confirmed by the State-Owned Assets Supervision.

Sinosteel improve self-innovation ability, construct developing aim of international metallurgy equipment design, Sinosteel actualize Sinosteel Xi’ an Heavy Machinery removed item. More than a year, Sinosteel and Sinosteel Xi’ an Heavy Machinery organized many specialists designed and demonstrated at the report on the new base building, plane layout, design project, then form a high level machinery building project. Meanwhile, the start working condition was well evolved, under the sustains and helps by related leaders and departments.

Up to now, Sinosteel Xi’ an Heavy Machinery removed item is the first strypped-down reform of Shanxi State-Owned Enterprises by Central Enterprise. The investment of this item is nearly twenty-five hundreds million yuan, thereinto capital assets invested fifteen hundreds million yuan, estimate after the establish, the year output will be seven hundreds thirty thousands ton, sell income will be twenty-five hundreds and ten million yuan, the total amount of profit tax will be four hundreds and eighty million yuan. Via the new base construction, Sinosteel Xi’ an Heavy Machinery will exerted superiority on puddling, steel-making, purify, link casting, steel rolling, forward row machine and mine equipment, upgrade precision machining assembly and core technique as developing direction, be design and manufacture the enterprise core in competition. Within the next three or five years, constructed Sinosteel Xi’ an Heavy Machinery as the first class enterprise, which is quite important meaning on the Sinosteel development and Xi’ an or even the related industry in the whole northwest.

The Site of Removal Ceremony

President Huang Issuing the Order of Starting Construction

Vice President Jiang Delivering A Speech

Xingshen Huang, Vice Mayor of Xi’an Delivering A Speech

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