On September 25, the 2024 "Top 500 Asian Brands" list compiled by World Brand Lab was announced, and HBIS Group ranked 135th on the list, ranking first among steel enterprises in terms of progress, and climbing the ranking for four consecutive years.

Guided by Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, HBIS is extending its industrial chain to high end manufacturing and integrating its business in structural reform and upgrading to a Manufacturing Plus Service enterprise, improving its brand influence historically. HBIS receives high remarks from President Xi Jinping, and for 16 years in a row, HBIS has been one of World Top 500 Enterprises with a brand value of 178.529billion Yuan.

HBIS is upgrading to high end Material Manufacturing and to Service. Firmly implementing national strategies and engaging market and clients, HBIS is exploring opportunities in aerospace industry and ocean engineering and ship building industry, providing more comprehensive material packages. HBIS is working with academic institutions and implementing its “Improving in 3 years and Strong in 5 Years” Project to strengthen its applications of its R&D projects. HBIS is the No.1 household appliance steel supplier, No.2 automobile steel supplier and one of leading ocean engineering steel, bridge building steel, energy and nuclear power steel suppliers in the country.

HBIS efforts in the globe in strengthening is international development implementing Belt & Road Initiative, our overseas subsidiaries are growing and improving its products and brand, over years, HBIS is the most internationalized steel maker in China now and for 8 consecutive years. HBIS held its Global Green & Intelligent Supply Chain Cooperation Conference in Serbia, with Siemens, POSCO, Belgrade University and other well-known enterprises and institutions of higher learning in different fields of in-depth cooperation, continue to undertake new responsibilities and new development in the international development.

Going low carbon and green and focusing on carbon peaking and neutrality, HBIS hydrogen steel making pilot plant, first in the world, is in operation, is working with upper and down stream enterprises along the industry chain to comprehensively build a low carbon, energy conservative and green industry, winning the title of Sustainable Development Enterprise in Annul China ESG, leading green and low carbon sustainable development in steel industry.

HBIS is extending its industrial chain and entering new industries. With integration of this businesses and structural reform, it is entering more independent markets, adding procedures within its production, to its value chains and profit chains. Supply chain financing, digital technologies, high end manufacturing, new materials, industrial technology services are all new markets of the group, giving new opportunities.