Group News-HBIS Group-Being The Most Competitive Steel Enterprise

The 189th! HBIS Reached a New High of Fortune Global 500

The 2022 Fortune Global 500 list was released on Aug 3. HBIS Group was ranked 189th with revenues of $66.1497 million, a new high. This is the 14th consecutive year that HBIS Group has been listed on the Global 500 list, increase 11 from the previous year.

Under the guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era,HBIS earnestly put into practice the new development concept, adhere to innovation-driven development, and continue to promote the transformation of iron and steel into materials and manufacturing into services, guided by scientific and technological innovation so all work has jumped to a new level. HBIS has achieved a historic breakthrough in operating revenue, reached a new high of 128.658 billion yuan in brand value, continued to improve the competitiveness and influence, and made new strides in transformation and upgrading and high-quality development.

Based on the new development stage of technological upgrading, HBIS has deeply optimized the "two structures", released the advantages of location adjustment, and significantly increased the competitiveness of the steel sector. Vigorously foster strategic emerging area, emerging sectors are becoming a new strategic support for the HBIS development.Deep integration into the globalization process, HBIS international leading edge has been further consolidated. HBIS will actively implement new development concepts, promote green, low-carbon and sustainable development, to achieve new breakthroughs.