When Zhang Jimin and Xiang Guangda founded Zhejiang Tsingshan Special Steel Co., Ltd. in 1998, they probably didn’t think they could make such a big business. So, how did Tsingshan Group grow up? Let’s briefly introduce it.

“In 1986, Zhang Jimin and five relatives in partnership, founded the Ouhai joint experimental factory in Yongxing Wenzhou, the product is doors and windows. They got a big development and fast growth in business. In 1988, they set up Zhejiang ouhai automobile doors and windows manufacturing company, is also this year, Xiang Guangda gave up his job of machine repair workshop director in the stated-owned company of Wenzhou marine fishing company – the iron rice bowl, to go with Zhang Jimin business, they found the business opportunities of automobile doors and windows, from Production of ordinary doors and windows to automotive doors and windows.

In 1989, Zhang Jimin, whose “ambition” had further expanded, officially entered the steel industry. Then Zhejiang Fengye Group was founded in six years later in cooperation with shareholders, and China’s first private steel enterprise was officially born in Wenzhou Zhejiang.

In June 1998, Zhang Jimin and others founded Zhejiang Tsingshan Special Steel Co. Tsingshan in Yongzhong Tsingshan Village, Longwan District, Wenzhou City.

At the beginning of the plant, there were many problems. The first was the lack of technology, and the second was the lack of talents. In the background at that time, many excellent talents were not willing to come to private enterprises. In desperation, Zhang Jimin went north to Taiyuan, found the then steel giant – Taiyuan Iron and Steel Group, spent a long time, with a sincere attitude and superior treatment, and finally convinced a group of experts to join the camp.

Tsingshan Steel has been given a new lease of life by the addition of experts. In 2003, Tsingshan Holding Group was established and branches were opened in various places. in June 2005, Tsingshan made a technical transformation of Henan Jinhui Special Steel Co. , built a stainless steel plate steelmaking base with an annual capacity of 400,000 tons.

Tsingshan’s Dingxin Industry is the first company to adopt the RKEF process in China, and is the first manufacturer in the international arena to combine the production of stainless steel (AOD) with the RKEF production process to produce stainless steel directly.

This is an innovation in the world of stainless steel production, which can save more than 20% steelmaking costs and more than 50% energy consumption per ton of steel. This new production process has enabled Tsingshan Steel to continue its success and development in the stainless steel industry. “