China's Sinosteel Corporation entered the world's top 500 for the first time.
Release time:
2009-07-21
The US "Fortune" magazine published the 2009 Global 500 list on the 9th. China Steel Corporation entered the world's top 500, ranking 372nd.
In recent years, Sinosteel has completely relied on market-oriented operation, with the help of the rapid development of the national macro-economy and metallurgical industry, under the correct leadership of the State-owned Assets Supervision and Administration Commission, in accordance with the requirements of "reform and opening up, market economy", vigorously implemented the development strategy of "specialization, internationalization, industrialization and informatization", and continuously improved the ability to provide comprehensive supporting system integration services for the steel industry and steel production enterprises, the strategic transformation from a traditional commercial enterprise to a modern productive service enterprise has been basically completed, and leapfrog development has been achieved. In 2008, Sinosteel's annual sales revenue reached 168.4 billion billion yuan, which is a large-scale state-owned enterprise that has achieved rapid development on a relatively low basis. Faced with the severe impact and adverse effects of the international financial crisis since 2008, Sinosteel has adopted a series of active and effective countermeasures, successfully and effectively minimized the adverse effects, and the company's operating capabilities and anti-risk capabilities have been significantly improved. However, Sinosteel people are well aware that entering the world's top 500 is only a phased achievement in the process of enterprise development, and will still face many difficulties and challenges, and there are still many areas that need continuous improvement and improvement. In particular, to achieve the goal of "a large multinational enterprise group with important international influence and strong international competitiveness and anti-risk ability" is more challenging and requires unremitting efforts.
After the development in recent years, Sinosteel group has condensed a strong forward momentum. Looking forward to the future, Sinosteel will give full play to its existing advantages and strive to build a large-scale multinational enterprise group with professional companies as the main body, science and technology and industry as the support, regional network as the auxiliary, overseas institutions as the platform, outstanding main business, and global operation system and innovation ability.
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