- #INTELLIGENT PIPENET TECHNOLOGY CORPORATION HOW TO#
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In 2015, Baowu was the second largest steel producer in the world measured by crude steel output, with an annual output of around 35 million tons (China's total steel production in 2015 was 803.8 million tons ), and employed 130,401 employees as of the end of 2012, had annual revenues of around $21.5 billion, and produces a mix of products. In 2019, the company closed the gap with ArcelorMittal reaching 95.47 million tons of steel, and hitting $78 billion in revenues, with 195 434 employees.
Īccording to World Steel Association (Chinese companies data were provided by China Iron and Steel Association), the corporation was ranked the 5th in 2015 the world ranking by production volume (2nd in China for 34.938 million metric tons). A plan to merge with Wuhan Iron and Steel Corporation was announced on 21–22 September 2016, which would make the combined production volume the second highest in the world (34.938 million + 25.776 million), after ArcelorMittal (97.136 million in 2015), surpassing Hesteel Group (47.745 million in 2015). Since Baosteel Group and Wuhan Iron and Steel Corporation also announced targets of cutting 3.95 and 4.42 million metric tons production capacity respectively in June and July 2016, and a further cut for Baosteel Group of 2.10 million while a 3.15 million cut was already planned the final ranking may still significantly change. The IPO of the subsidiary of Baosteel Group on the Shanghai Stock Exchange in 2000 was the largest in China up to that time, raising CNY 7.7 billion despite being limited to domestic investors only. In 1978, as part of the Chinese government's reform and opening, Chinese paramount leader Deng Xiaoping sought to develop large-scale steel production in China.
The government planned for a large integrated steel production facility to be located near the port of Shanghai, in Baoshan District, a suburb of Shanghai.
#INTELLIGENT PIPENET TECHNOLOGY CORPORATION HOW TO#
In 1978, a delegation from the Chinese government, including Deng Xiaoping himself, visited a steel mill operated by Nippon Steel to learn how to construct such a large facility.
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In the meantime, we have been involved in improving the treatment efficiency of water and sewage facilities by providing various and excellent environmental measuring instruments and have grown into a specialized company providing total services in the field of environment such as engineering, Research & Development, system construction and application services, consulting for establishing measurement control facilities and comprehensive environmental information system based on professional instrumentation control and information communication technology.Ĭurrently, we are localizing various measuring instruments through continuous R&D and technology investment in the domestic measurement equipment market dominated by foreign products and are also spurring research and development of simulation system, integrated management system and Field Device and various monitoring systems combined with the latest IT technology.Īlso, based on expertise recognized by national accredited organizations, we have successfully provided excellent technology and services to government agencies, private companies and others that need the products and technology of Greentech INC Co., Ltd. was founded in 2002 with the belief that it is responsible for the improvement of the water environment and has been developing into a substantial company to lead the growth of the domestic environmental industry. aims to present a new water management technology paradigm through prompt response and active technology development and become a global leader in the field of water environment based on harmony of human and nature in response to changes at home and abroad. In these sudden changes, Greentech INC Co., Ltd. Recently, there have been many changes in society and economy through the development of information and communication technology such as smart work and technology development for low carbon green growth and new demand for the environment and better life has been rapidly increasing.
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