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HBIS Group Co Ltd

Updated: Jun 18, 2019 govt.chinadaily.com.cn Print
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HBIS Group Co Ltd is a huge steel enterprise founded in June 2008 by the merger of the former Tanggang Group and Hangang Group.

While strengthening and optimizing its steel sector, HBIS is also developing strategic emerging industries, modern industrial services, and industrial chain finance. It also provides services related to industrial, engineering and digital technology, industrial trade and industrial finance for other enterprises.

HBIS has also been promoting the globalization of its whole industrial chain over recent years. It acquired the largest copper smelting enterprise in South Africa, the world's largest steel material marketing service provider, Duferco Participations Holding SA, and Serbia's only State-owned major steel enterprise, Smederevo Steel Mill.

Currently, HBIS has more than 70 direct or indirect joint stock and holding overseas companies, controlling overseas assets of more than $9 billion. Its commercial network covers more than 110 countries and regions around the world, making it the most internationalized steel enterprise in China.

By the end of 2018, HBIS had nearly 120,000 employees worldwide, including about 13,000 from overseas. The operation revenue in 2018 reached 337 billion yuan ($48.8 billion), while total assets were worth 436.4 billion yuan.

The group has been included in the top 500 enterprises of the world for the past 10 consecutive years.

 

HBIS Group Co Ltd is a huge steel enterprise founded in June 2008. [Photo/hbisco.com]

Address: No 385 Tiyu South Avenue, Yuhua district, Shijiazhuang, Hebei province
Tel: +86-311-66770709
Official websites: http://www.hbisco.com/ (Cn)
                              http://www.hbisco.com/site/en/index.html (En)

 

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