Baoshan Iron and Steel Co., Ltd. (referred to as "Baosteel") is a leading modern steel joint venture in the world and a core enterprise of China Baowu Iron and Steel Group Co., Ltd., a Fortune Global 500 company. Baosteel Co., Ltd. is committed to providing customers with value-added products and services, creating maximum value for shareholders and society, and achieving common development with relevant stakeholders, with the mission of "creating a better life".
In February 2000, Baosteel Group was exclusively established by Shanghai Baosteel Group Company; In December of the same year, it was listed on the Shanghai Stock Exchange (stock code: 600019). In February 2017, after completing the merger and acquisition of Wuhan Iron and Steel Group Co., Ltd., Baosteel Group owned major manufacturing bases such as Baoshan in Shanghai, Meishan in Nanjing, Dongshan in Zhanjiang, and Qingshan in Wuhan. It ranked third in crude steel production, third in automobile plate production, and first in oriented electrical steel production among listed steel enterprises worldwide, making it one of the steel enterprises with the most complete range of carbon steel varieties in the world.
The Baoshan Iron and Steel project utilized nearly 1000 units of various products from Jiangsu Elecnova Electric Co., Ltd., achieving real-time and effective power monitoring of various equipment, thereby ensuring safe and efficient production operations.