During the summer season, along the banks of the Yangtze River, the surging tides resonate with the rhythmic pulse of a steel city forging ahead. At the Castrip production line, it takes only 26 seconds for molten steel to be transformed into finished coils; in the energy management and control center, a 3D digital twin system provides a panoramic view of the entire pipeline network on a single screen; on the rooftops of the plant area, continuous photovoltaic matrix transmits green electricity in the face of the scorching sun; and at the Haili wharfs, the huge vessels loaded with high-end steel made by Shagang whistle and sail to the countries along the Belt and Road ... These vivid scenes are a compelling portrayal of Shagang confidently embarking on a new journey of the "15th Five-Year Plan".

Since the beginning of this year, Shagang has diligently practiced the six-dimensional development strategy of Innovation, Efficiency, Quality, Intelligence, Green, and Responsibility. With cultivation and expansion of new quality productive forces as the main mission, and with the direction of high-end, intelligent and green transformation, Shagang has been making synchronized and concerted efforts across multiple fronts, including technological breakthroughs, industrial chain collaboration, digital intelligence upgrades, low-carbon transition, global operations, and social responsibility. Through tangible development results, Shagang is vigorously writing its answer sheet for a robust start to the "15th Five-Year Plan" period.

 

Innovation-driven Breakthroughs - Advanced Materials Strengthening the Foundation of Industrial Self-Reliance

In March 2026, Shagang independently developed and successfully rolled its first 0.10mm ultra-thin coil of high-grade non-grain-oriented silicon steel, marking its entry into the top-tier domestic producers of ultra-thin high-grade silicon steel. It is reported that the alloy content of this product reaches 5.0% and its iron loss is reduced by more than half compared with that of conventional silicon steel for new energy vehicles. It precisely meets the core requirements of UAV lightweight and low heat generation of humanoid robots, and currently has become one of the best non-grain-oriented silicon steel products in the industry.

The core competitiveness of a company lies in its original innovation ability of continuous breakthrough. Shagang has continued to intensify its R&D efforts in special steel, including ultra-thin, high-strength, corrosion-resistant, and ultra-low-temperature steel grades, focusing on the material demands of China's strategic emerging industries, such as low-altitude economy, humanoid robots, new-energy vehicles, and aerospace.

Shagang’s innovations have emerged one after another. At the beginning of this year, the project of "Key Preparation Technology and Application of Low-Carbon Fine Steel Cord Wire Rod", which was led by Shagang, passed the evaluation by the China Iron and Steel Association, with the overall technology recognized as internationally leading. In February, Shagang successfully developed the highest-strength grade wind tower steel for offshore wind power, supporting China's wind power equipment to move towards deeper and more distant seas. In April, the first intelligent production line of high-alloy steel plates in China was officially put into operation in Shagang Fushun Special Steel, filling a domestic gap in the intelligent mass production of single high-alloy plate in China. In June, Shagang successfully developed wire rod for weather-resistant steel strand, promoting iterative upgrading of outdoor photovoltaic support materials… These original achievements broke the long-standing foreign technological monopolies and laid a solid foundation for the security of the industrial and supply chains.

 

 

High-efficiency Synergy - Integrated Domestic and Global Networks Forging a Win-Win Industrial Ecosystem

Since the beginning of this year, Shagang has been comprehensively upgrading its global operation layout, moving beyond the traditional model of single-base standalone operations, and striving to open up both domestic and international markets, build a new development pattern, and create an efficient, agile, and integrated full-industry-chain service system.

Expanding presence through global synergy. In March, Shagang hosted its Overseas Customer Appreciation Gala under the theme "Fifty Years of Shared Brilliance – Joining Hands for a Century-Long Future", with global partners from over 100 countries and regions gathering along the banks of the Yangtze River to renew friendships and deepen win-win collaboration. At the event, Shagang officially unveiled its upgraded "1+4+N" global marketing and service network, integrating the group's full-chain resources in R&D, production, and market operations to provide global customers with one-stop low-carbon material solutions.

Strengthening the Industry Chain through Internal Coordination. Depending on the advantages of multi-base synergy, Shagang has achieved complementary supply across multiple product categories, including heavy plates, special steel wire rods, ultra-thin strips, and silicon steel, which has refined its comprehensive product portfolio covering shipbuilding, bridges, automobiles, energy, and aviation sectors, while interconnecting upstream and downstream R&D, production, and data flows. This enables high-end materials to move rapidly from laboratories to major engineering projects and end-user manufacturing, achieving efficient two-way matching between supply and demand.

 

 

Quality-based Foundation - Premium Steel Products Supporting the Construction of Major National Projects

The ultimate pursuit of forging premium steel products has been remained as the original aspiration of Shagang over five decades of deep cultivation in the industry. In Shagang's 2026 quality report, each achievement has reached world-class level.

Infrastructure Construction: Over 40,000 tonnes of Shagang's high-strength bridge steel has cast the steel backbone of the world's largest-span rail-cum-road ballastless track cable-stayed bridge - the Chongqi Rail-road Yangtze River Bridge; and the high-performance bridge steel of Shagang has been awarded the contract for the Nanfeihe Super Large Bridge of Fangxing Avenue east extension project in Hefei, with cumulative supplies of 23,000 tonnes.

Shipbuilding and Marine Engineering: The world’s largest 24,000 TEU dual-fuel LNG-powered container vessel , featuring Shagang's shipbuilding steel plates and low-stress steel plates, has been officially delivered; the world’s largest 100,000-cubic-meter ethane carrier, constructed with Shagang's 5% nickel steel, successfully completed its sea trial in the Yangtze River; and Shagang’s 9% nickel steel, capable of withstanding ultra-low temperatures as low as -196°C, has secured a contract for a large LNG storage tank project in Turkey, breaking the long-standing foreign monopoly on special low-temperature steel.

Clean Energy Steel: Two major offshore wind power projects - Huaneng Shandong Peninsula North L site with the deepest water depth and farthest offshore distance in China and Three Gorges Jiangsu Dafeng project have been connected to the grid with full capacity successively, with over 80,000 tonnes of high-performance wind power steel plates supplied by Shagang.

Special Steel: Shagang Huaigang has provided exclusive crankshaft steel for Zhangxue Moto's engines, which helped with Chinese racing team secure six consecutive championship wins in the world’s top motorcycle competition with exceptional uniformity and toughness.

From cross-river super bridges to oceangoing LNG carriers, far-reaching and deep sea wind power infrastructure, and world champion racing vehicles, Shagang's high-quality products have built a solid material foundation for major national projects and landmark global engineering projects.

 

 

Intelligence-empowered Transformation - Digital and Intelligent Upgrades Unlocking the Full Potential of Every Link in the Chain

Digitalization is the indispensable path forward for the future development of steel. Shagang regards the in-depth application of digitalization and artificial intelligence as the core engine of its transformational leap, promotes the implementation of industry benchmark intelligent projects across all operations, and drives the fundamental shift in the production and operation model from "experience-driven" to "data intelligent control".

At the top-level design and ecosystem-building level, Shagang has been making strategic moves. In February, Shagang and Huawei jointly launched the research and development of AI large models exclusive to the steel industry and started the construction of seven core application scenarios; in June, Shagang reached a strategic partnership with DingTalk to build an integrated group-wide AI-powered collaborative office platform, leveraging the "Wukong" AI system to break down data barriers across all business operations while also cultivating the in-house talent echelon of digital professionals.

At the same time of management synergy and efficiency improvement, the production lines are undergoing a profound "intelligent" transformation. Shagang's three independently developed iron-making intelligent control systems have been fully put into operation, escorting the blast furnaces with 24-hour continuous production towards the era of "autonomous driving"; the 3D digital twin system of energy pipe network reproduces the whole pipeline with millimeter precision, realizing risk pre-warning and digital closed-loop control of the whole life cycle; the newly developed tinplate coating calibration model enables coating quality management to enter a new stage of "real-time sensing, precise measurement and control, and closed-loop optimization".

Shagang's digital and intelligent deployment, covering all scenarios and spanning the entire production process, has not only delivered real improvement in benefits, but also generated a demonstration achievements worth industry-wide replicability. Among them, Shagang's "Intelligent Determination of Silicon Steel Quality Grade and Construction and Practice of 3D Digital Twin System Control Platform for Production Line" was selected as a typical case of quality improvement by the Ministry of Industry and Information Technology; and both the cold rolling intelligent sample preparation and testing center and the scrap steel supply chain digitalized project have been included in the industry intelligent manufacturing recommended catalogue, contributing to the digital and intelligent transformation of the steel industry with a highly valuable "Shagang solution".

 

 

Green-development Efforts - Full-chain Low-carbon Development Building a Sustainable System

In February 2026, the 11.82 MW high-quality silicon steel self-use photovoltaic project of Shagang’s Zhangjiagang Yangtze River Cold Rolled Sheet Co., Ltd. was officially connected to the grid and put into operation. As the first centralized photovoltaic power station of industrial and commercial nature in Suzhou with 100% self-consumption of generated power, this project can provide clean electricity of more than 10 million kWh annually, injecting strong green power into steel manufacturing.

The successful implementation of this clean energy project is a microcosm of Shagang's comprehensive low-carbon transformation. Since the beginning of this year, Shagang has deepened the four-dimensional low-carbon development system of "green products + extreme energy efficiency + digital carbon control + clean energy", coordinated carbon reduction at the plant level and collaborative carbon reduction across the industry chain, and continued to lead the industry in green development results.

At the process end, Shagang's extreme energy-saving transformation project has been fully implemented. Coke oven, ironmaking, basic oxygen furnace, electric furnace and other processes and equipment have passed the acceptance review as industry energy efficiency benchmark, and more than 95% of the state-recommended energy-saving technologies have been applied in the plant area; and the carbon emission digital platform is fully put into use, realizing automatic carbon footprint calculation in the whole process from raw materials entering the factory to finished products leaving the factory, so that each steel coil has its own "carbon ID card".

Shagang's front-end process upgrades and digital carbon control eventually are transformed into the green competitiveness of the end products. At the beginning of this year, two hot-rolled products of Shagang were certified as low-carbon emission steel (C2F) by the China Iron and Steel Association. Also, Shagang’s Castrip ultra-thin strip products have been included in the iconic products catalog for future materials by the Ministry of Industry and Information Technology, with the advantages of being "lighter, stronger, thinner and better" and significant reduction in energy consumption and carbon emissions.

 

Responsibility-anchored Commitment - People-centered Approach Reflecting the Warmth of Corporate Culture

High-quality development requires not only "toughness" but also "warmth". Since the beginning of this year, Shagang has adhered to the sharing of development achievements by all staff, and has made simultaneous efforts in the three dimensions of talent echelon development, employee well-being improvement and public welfare ecosystem co-construction to promote high-quality development of the enterprise.

Strengthening from within, and letting talents grow together with the company. On one hand, Shagang rolled out the "Zhiyuan (Visionary) Plan" and the "Zhuji (Foundation) Plan," accurately covering the strategic vision expansion of middle and high-level management and the improvement of the management ability of frontline team leaders, thereby building a multi-tiered talent development system; on the other hand, Shagang has opened up four distinct career progression pathways of R&D, management, technique and skill, leveraging mechanisms such as model worker dialogue, mentorship initiatives, and project-based incentives to ensure that every employee can find their own path upward and realize their personal value.

Cultivating care in every detail, letting warmth filter into every detail in the workplace. Shagang has translated its people-centered philosophy into a series of practical measures, including the ceremonial farewell gatherings for retiring employees, the immersive plant experience programs for "Steel Generation 2" (employees' children), and the health care services provided by expert medical consultations, which all strengthened the emotional bonds between the company and its staff. At the same time, Shagang has continuously upgraded its supporting infrastructure—with 24/7 availability of talent apartments, smart cafeterias, shuttle buses, and sports and recreation facilities, demonstrating its commitment to care in every detail and ensuring that employees can work and live in peace and contentment.

Giving back to the community, embodying the steelmaker's spirit through greater social responsibility. At the 2026 Spring Festival Charity Gala, Shagang continued to donate to charity and won wide praise from all walks of life. From the adherence of voluntary blood donation,  donation to education, to donation to disasters and emergencies and collaborative governance with local communities, Shagang has vividly interpreted the responsibility and warmth of a steel enterprise through its enduring dedication to public welfare.

In the opening year of the "15th Five-Year Plan," Shagang is shaping advantages through innovation and breakthrough, expanding the market with high efficiency and coordination, laying a solid foundation with premium quality, improving efficiency with digital intelligence, planning for the long term with green and low carbon developments, and gathering its people through a commitment to social responsibility. By advancing this six-dimensional strategy in an integrated way, Shagang is fostering new quality productive forces across all fronts.

As China embarks on the new journey toward its second centenary goal, Shagang will continue to uphold its original aspiration of "serving the country with steel", coordinate the high-end, intelligent and green transformation, and work together with global industrial chain partners to build a sustainable industrial ecosystem. With long-term strategic resilience and steadfast commitment, Shagang shall continuously contribute its strength to the high-quality development of the steel industry and to the construction of a manufacturing powerhouse.