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Embedding our determination in our resources; Letting our faith lead us to the future.
Interpretation:
This philosophy is to be understood as, determination is the key to a successful business. Determination generates energy and strength. Mental strength is our most powerful resource; a goal can be created by having a faith. Once a goal has been set, our future can be accomplished.
Background:
This philosophy was formed in the 1990s and at the beginning of the new millennium. After working hard and growing for more than 20 years, Shagang had become a nationally well known steel producer, particularly when China’s first mini-mill bar production line was built and operated successfully, consisting of a 75t EAF + CCM + continuous bar mill. It did not take long for another minimill, the first with a 90 t UHP EAF( shaft furnace) + CCM + a high speed wire rod mill, to produce high quality wire rod.
Summarizing Shagang’s development is the enterprise’s firm belief that anything is possible and achievable, as long as we have faith and determination. Once the target is set, we must make it happen without any hesitation. Led by this philosophy, Shagang has consistently focused on its targets, worked hard and in an innovative manner to realize a series of investment projects, including cross-century projects that are major technical revamping achievements. In addition, there was the well-publicized 6.5 million ton production facility project for flat products, which enlarged our production capacity, optimized our product portfolio, strengthened our core competitiveness and widened our international reputation. In October 2000, Shagang Group decided to openly advertise its work culture philosophy at all major company facilities, like: Shagang Guesthouse, the administration building, main roads inside the company’s grounds, the sports gymnasium, conference rooms and other buildings with a self-educational purpose.