July 19th, the American magazine Fortune released 2018 the top 500 enterprises of the world and HBIS ranked 239 with its revenue of 45.39billion US dollars. For ten years, HBIS has been one of the top 500 enterprises of the world. ?xml:namespace>
In 2017, HBIS has been following and implementing Xi Jinping's Thought of Socialism with Chinese Characteristics in the New Age and the spirit of 19th CPC National Congress. HBIS has been grasping the historic development opportunity and well understand the supply side reform. With its new concepts, new strategies and new models to lead the strategic reform and innovation to enhance the high quality reform, efficiency reform and energy reform to comprehensively enhance the competitiveness of the group.
The company has been pursuing the optimization of product structure and client structure and seeking mid/high end clients. HBIS automobile steel has been steadily delivered to Mercedes, BMW,Volkswagen, Shanghai Auto and its household appliance strips have been applied by all domestic big manufacturers such as Haier, Midea and Hisense. HBIS is now that biggest household application face board steel strip supplier and second biggest automobile steel supplier in China.
A globalized R&D platform is more and more essential to improve the technologies capabilities of the company. To benefit from the joint ventures of HBIS & Northeastern University Industrial Technology Research Institute, HBIS & University of Queensland Sustainable Steel Innovation Center and its cooperation with Chinese Academy of Sciences, the parties have been studying the leading technologies and finding solutions to the bottlenecks in the development of the industry. HBIS deepens its cooperation Haier and Shanghai Electric and jointly establish R&D centers to effectively improve the capabilities of the products. The HBIS has performed the nations the key project studies and jointly applied and studied the 15 important state projects and made important actual progresses.
HBIS is entering the new industries and becoming a leader in new industries from its original follower role in traditional industries. It is looking for more values in value chain of the industry and enhance the merger the manufacturing and financing to comprehensively improve its financing capabilities and management of capitals. A big financing picture is coming out.
HBIS has been implementing its overseas development and the international competitiveness is improving. Keeping President Xi Jinping’s words in mind, HBIS is making its Serbian Company the showcase project in the cooperation between China and Mid/eastern European countries and Belt & Road Initiative, which has been praised by national leaders. HBIS has launched the Silk Road Steel & Energy Company project to build a globalized profit sharing trading platform. With its four steel mills, two mining companies and one platform, HBIS is taking full advantages of its overseas industrial chain and making its overseas sector a new source of profits.