Group News-HBIS Group-Build The Most Competitive Steel Company

HBIS Being The Most Internationalized Chinese Steel Enterprise

September 2nd, China Enterprise Confederation(CEC) and China Enterprise Directors Association(CEDA)jointly released the list of“2018 China Top 100 Multinational Enterprises”. With its 69.2billion Yuan overseas assets, 84.5billion Yuan overseas revenue and Transnationality Index of 18.02%, HBIS Ranks 30 in the Top Chinese 100 Enterprises and No.1 in Chinese steel industry.

Being one of the largest steel material manufacturer and comprehensive service suppliers of the globe, HBIS has been taking the responsibility of national industry, setting the develop goal of Being HBIS of The world, with its openness and tolerance, the company is vigorously merging into world economy. Following the national strategy of Going Abroad and Belt & Road Initiative, HBIS has been pushing its globalized production and globalize industrial chain agenda forward, which includes a globalized sales & service platform, a globalized R&D platform, a globalized steel manufacturing platform. 2016 in particular, after taking over of Serbian Smederevo steel mill, HBIS remembers Chairman Xi Jinping’s requirements and fulfill its commitments by making HBIS Serbia the showpiece project in Belt & Road Initiative and China & Mid/Eastern European Country production cooperation. The project has already become a successful case in China & Serbia cooperation, praised by Chinese leaders and the Serbian President AleksandarVučić.     

By directly and indirectly holding shares of 70 overseas corporations, HBIS businesses, with a total overseas asset of 6billion US.Dollars and more than 12,000employees, are now operating in more than 30 countries and regions, including US,UK, Australia, South Africa, Canada, Singapore and Hong Kong. HBIS reaches in 111 countries and more than 44,000 clients. With its internationalized contributions, HBIS has won the International Capital Summit China & European Enterprise Cooperation Award, entered the “2017 China Top 50 Globalized Enterprises”and “2017 Top 10 Pioneering Belt & Road Enterprises”and the World Steel Association Sustainable Development Award. 

The China Top 100 Multinational Enterprise selection surveys the total overseas assets, overseas revenue and overseas employees of non-finance enterprises and ranks according to total overseas asset of each enterprise.