Tai'an Iron and Steel's Stainless Steel 5G+ Industrial Internet Project Fully Linked and Undergoing Debugging
Jun 29, 2024
According to Tai'an Iron and Steel Group, the "Stainless Steel 5G+ Industrial Internet" innovation project is advancing rapidly. At present, the project's process control system, 3D display screens, planning execution system, and dynamic scheduling system have been developed and are now undergoing comprehensive linkage debugging.
For many years, Tai'an Iron and Steel Group has been accelerating the deep integration of new generation information technology with manufacturing, focusing on intelligent manufacturing and deepening the integration of 5G+ industrial internet and other new generation information technologies with production lines. Currently, Tai'an Iron and Steel Group is concentrating on upgrading the main steel industry and cultivating emerging industries, empowering high-quality development with new quality production forces.
Next, Tai'an Iron and Steel will continue to use digital technology for a comprehensive and full-chain transformation of the main steel industry, promoting intelligent production line upgrades, digital transformation, and green development, thereby accelerating systemic reshaping and disruptive leaps, forming new drivers of development.
Recently, the State-owned Assets Supervision and Administration Commission (SASAC) of the State Council released the latest "Science and Technology Reform Enterprise" list, with member companies of the Stainless Steel Branch of the China Iron and Steel Industry Association on the list: Taiyuan Iron and Steel (Group) Co., Ltd., and Beijing Beiye Functional Materials Co., Ltd.
"Science and Technology Reform Enterprise": It is another special project of state-owned enterprise reform following the "Double Hundred Action" and "Regional Comprehensive Reform Pilot". It selects state-owned science and technology enterprises with strong urgency for reform and innovation. Under the premise of effectively strengthening the party's overall leadership over state-owned enterprises and resolutely preventing the loss of state-owned assets, it further promotes the deepening of market-oriented reforms according to the requirements of high-quality development. It focuses on exploring innovation and achieving breakthroughs in improving corporate governance, market-oriented selection and employment, and strengthening incentive constraints, creating a batch of state-owned science and technology enterprise reform models and independent innovation vanguard, and promoting the successful experience on this basis.
On June 19, Luoyang Molybdenum signed a share transfer agreement with the unrelated third party CITIC Guoan Industrial Group Co., Ltd., and held a board meeting to review and pass the relevant proposals, transferring all 65.1% of the equity (corresponding to a paid-in and subscribed registered capital of 980 million yuan) of its subsidiary Xinjiang Luo Moly Mining Co., Ltd. (Xinjiang Luo Moly) to CITIC Guoan Industrial Group Co., Ltd. for 2.9 billion yuan.
The board of directors and management of Luoyang Molybdenum believe that this transaction can better focus on the group's development priorities, improve capital allocation efficiency, and continue to consolidate the foundation for stable and healthy growth.
Xinjiang Luo Moly was established in 2010 and holds 65.1% of the equity of the Dong Gobi Molybdenum Mine. So far, the Dong Gobi Molybdenum Mine has not carried out any mine construction or mining activities. Henan Yu Min Xin Yuan Mining Co., Ltd. and Xinjiang Uygur Autonomous Region Hami City State-owned Assets Investment and Management Co., Ltd. hold 27.9% and 7% of the equity of Xinjiang Luo Moly, respectively.
On June 28, 2024, the Ministry of Commerce of Turkey issued a public announcement, initiating an anti-dumping investigation on cold-rolled stainless steel imported from China and Indonesia, following the application of domestic manufacturer Posco Assan TST Çelik Sanayi Anonim Şirketi and supported by Trinox Metal Sanayi ve Ticaret Anonim Şirketi.
The investigation period for this case is from January 1, 2021, to December 31, 2023.
The products under investigation are cold-rolled stainless steel products with customs codes 7219.31.00.00.00, 7219.32.10.00.00, 7219.32.90.00.00, 7219.33.10.00.00, 7219.33.90.00.00, 7219.34.10.00.00, 7219.34.90.00.00, 7219.35.10.00.00, 7219.35.90.00.00, 7220.20.21.00.11, 7220.20.21.00.12, 7220.20.29.00.11, 7220.20.29.00.12, 7220.20.41.00.11, 7220.20.41.00.12, 7220.20.49.00.11, 7220.20.49.00.12, 7220.20.81.00.11, 7220.20.81.00.12, 7220.20.89.00.11, 7220.20.89.00.12.
The investigation is considered to have started from the date of publication of this public announcement, and this public announcement takes effect from the date of publication.
Americ Energy (CHINA) Co., Ltd. stands as a prominent manufacturer and distributor of a comprehensive range of stainless steel products, designed to cater to the diverse needs of various industries. Their offerings encompass stainless steel tubes, plates, strips, and square tubes, all manufactured to uphold the highest quality benchmarks.
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