Sinosteel Xingtai Machinery & Mill Roll Co., Ltd. was founded in 1958. It is a domestic metallurgical machinery and spare parts manufacturing enterprise invested and established by the Chinese government to produce mill rolls and complete sets of metallurgical equipment. It is currently a professional R&D and manufacturing enterprise for mill rolls that leads the development of the industry in the world. The company is located in the urban area of Xingtai City, Hebei Province, which has a city history of 3,500 years. The factory covers an area of 1.28 million square meters, with total corporate assets of 8.94 billion yuan, fixed assets of 4.8 billion yuan, an industrial plant area of more than 400,000 square meters, and more than 3,800 employees. The main products are various types of rolls for ferrous and non-ferrous metal rolling and complete sets of metallurgical equipment.
Sixty years ago, in order to change the backwardness of China's steel industry equipment and enhance the professional manufacturing capacity of metallurgical equipment and spare parts in our country, the Party Central Committee and the State Council decided to build a metallurgical equipment manufacturing enterprise supporting the construction and development of China's steel industry in North China, in the ancient city of Xingtai, Xingtai Metallurgical Machinery Repair Factory (the predecessor of Sinosteel XTMMC) was established, which is an independent metallurgical machinery repair enterprise directly under the Ministry of Metallurgy. In June 1959, our beloved Premier Zhou Enlai visited in person, earnestly hoped that the factory under construction would soon become a supporting force for the development of our country's steel industry. In 1970, the company was decentralized to Hebei Province, and the ministrial and provincial leaders were implemented in management. In 1981, it was renamed "Xingtai Metallurgical Machinery & Mill Roll Factory". In March 2004, it was placed under the jurisdiction of Xingtai City. On April 19, 2006, it joined Sinosteel Corporation as a whole, and was renamed SinosteelXingtai Machinery & Mill Roll Co., Ltd. (abbreviated as Sinosteel XTMMC)". On August 1 of the same year, it is a wholly-owned subsidiary of Sinosteel Corporation. On September 20, 2017, the Xingtai Municipal People's Government and Sinosteel XTMMC held the signing ceremony of the cooperation framework agreement for the relocation and upgrading project of Sinosteel XTMMC. On August 16, 2018, the relocation and upgrading construction project of Sinosteel XTMMC fully started. On December 31, 2019, the Sinosteel Equipment Manufacturing Industry Restructuring Conference was successfully held, marking the beginning of the great journey of Sinosteel to build a world-class roll and metallurgical equipment manufacturing enterprise.
Central enterprise, wholly state-owned enterprise.
The basic organizational structure: the company consists of a state key laboratory for roll composite materials, a national roll technology center, a national roll research institute, a main company (Sinosteel Xingtai Machinery & Mill Roll Co., Ltd.), and five professional subsidiaries (Xingtai Roll Small Cold Roll Co., Ltd., Xingtai Roll Wire & Bar Roll Co., Ltd., Xingtai Roll Special Shaped Roll Co., Ltd., Xingtai Roll Electromechanical Engineering Co., Ltd., Xingtai Roll Special Manufacturing Co., Ltd..)
The leading products are mill rolls and complete sets of metallurgical equipment。The global market share of roll products is more than 20%, and the comprehensive domestic market share is more than 50%. Among them, various types of rolls for cold and hot continuous rolling mills account for 70% of the domestic market share; various types of rolls for large section steel mills account for 85% of the domestic market share The production scale has exceeded the sum of the five companies behind the global industry with the strength of one enterprise to support half of China's iron and steel industry. Over the past 60 years since the establishment of the factory, the company has established long-term and close cooperative relations with the top 30 domestic steel companies and the top 10 international steel companies. The products are exported to 52 countries and regions, with an annual export value of more than 100 million US dollars. The company's new business model of "full-line general contracting, supporting supply, lease use, and function pricing" pioneered in the global industry has covered 73 rolling lines of 37 key steel companies, and completed 14 roll-grinding shop general contracts, serving steel production capacity of more than 100 million tons It has successively signed strategic cooperation agreements with more than 20 companies including Baosteel, Shougang, Benxi Iron and Steel, Baotou Steel, Xiangtan Iron and Steel, Southwest Stainless, Aluminum Corporation of China, Sinoma Equipment, China Steel Global Trading Co., Nippon Steel, etc. It has been rated as an excellent supplier by more than a dozen large steel companies such as Wuhan Iron and Steel, Maanshan Iron and Steel, Handan Iron and Steel, Rizhao Iron and Steel, Primetals Technologies and Belarusian Iron and Steel Company.
At the first Baosteel Supplier Conference in 2009, Sinosteel XTMMC stood out from more than 2,400 suppliers and became Baosteel's only global outstanding supplier of rolls. It was praised by Baosteel as: "Sinosteel XTMMC takes the revitalization of the national roll industry as its mission, and is an important strategic partner of Baosteel and an indispensable support force for the steel industry." In October 2021, at the first China Baowu Supplier Conference and Green Smart Supply Chain Forum, Sinosteel XTMMC won the "China Baowu Excellent Supply Chain Partner Award".
The company has advanced process equipment for smelting, casting, forging, heat treatment and machining, and has formed a complete series of three major mill rolls for cast steel, cast iron and forged steel. It has 9 complete modern roll production lines for centrifugal cast rolls, forged steel work rolls, forged steel backup rolls, duplex cast steel backup rolls, cast alloy steel rolls, alloy cast iron rolls, small and wire rod rolls, non-ferrous rolls, special-shaped rolls and centrifugal roll rings, providing a full range of supporting products for various modern rolling mills.
The company has built a "3C" (country) R&D platform, namely "National Roll Composite Material Key Laboratory, National Roll Technology Center, and National Roll Research Institute". It is a single champion demonstration enterprise in China's manufacturing industry, a service-oriented manufacturing demonstration enterprise, and a national technological innovation demonstration enterprise. The company has more than 30 professor-level senior engineers, more than 280 senior engineers, and 13 experts with special allowance from the State Council. The researchers, engineering and technical personnel account for 38% of the total number of employees.
For more than 60 years, Sinosteel XTMMC has shouldered the historical responsibility of the central enterprises that promoted the development of China's iron and steel industry. It has adhered to the scientific and technological pioneering, innovative and leading development path, created many firsts in the history of the Republic and filled hundreds of national products and technological gaps, always leading the development of Chinese roll products and technology. The first duplex cast iron roll, the first duplex cast steel roll, the first centrifugal duplex cast roll, the first combined roll, the first series of rolls for modern hot continuous rolling mill, the first series of rolls for modern cold strip rolling mill, the first series of rolls for CSP, ASP, ESP continuous casting and rolling mills, the first high-speed steel hot roll, the first high-speed steel cold roll, the first five-meter wide and heavy plate work roll, the first Cr2, Cr3, Cr5 material cold work rolls and etc., were all developed and manufactured by Sinosteel XTMMC and filled in the national gaps.
Every year, the company invests hundreds of millions of dollars in research funding, and each year, the company has produced a number of scientific research achievements that represent the international leading level of today's roll technology. The physical quality level of dozens of products, such as hot-rolled high-speed steel series rolls, cold-rolled high-speed steel series rolls, silicon steel high-strength steel special rolls, iso-hardness drop free work rolls and backup rolls, new graphite composite rolls and the performance of actual rolling applications have surpassed similar foreign products. Today, the company's major series of rolls have reached 310 types, of which, more than 80 national key new products have been awarded, and more than 60 scientific research achievements have won national, provincial and ministerial scientific and technological progress awards. The company owns and is applying for more than 500 national patents, including more than 300 invention patents, which surpasses the total of other roll companies in the world, realizing the leap from Made in China to Created in China. In 2020, the company's "Development and Application of Key Technologies for Green and High-efficiency Electroslag Remelting of High-Quality Special Steels", which was mainly researched by the company, won the first prize of National Science and Technology Progress Award. It has always maintained the leading position of first research and first development of Chinese rolls and is the national standard formulation unit for Chinese rolls.
Based on the main business of the roll, we will implement the global strategy, give full play to the comparative advantages of the enterprise in the roll industry, such as scale, market, product, technology, equipment, talents, brand, environment, etc., to be specialized, refined, deep, stronger, and bigger. Relying on proprietary technology and core capabilities, we will strive to enter the field of heavy equipment and heavy equipment manufacturing, and strive to build a research and development base for heavy castings and forgings in China. We will build the company into a modern multinational business group with an international vision and global competition concepts, and become the world's largest enterprise in the roll industry that leads the world.