In 2005, Yuanda Steel was
invested and founded, with the full introduction of steel production
equipment from Germany with high input and great access into the steel
board industry. With an area of over 600 mu, a registered capital of RMB
60 million and more than 600 employees, it integrates research,
production, and operation, has China\'s most advanced seven production
lines of pickling, cold-rolled board, hot-dip galvanized board,
prepainted steel board, etc. and is one of the steel producers with the
production capacity up to 1 million tons in North China. The galvanized
board production line is the first to assort with finishing machine
among China\'s private enterprises, uses the most internationally
advanced galvanizing process, and employs the Germany automatic DC and
corrective control systems.
In March 2010, Yuanda and an enterprise directly under central
management - China First Heavy Industries Co., Ltd. entered into a
strategic cooperation about the establishment of a new project with an
annual output of 1 million tons. It is under the substantive
construction and will be put into operation in October 2011. The project
is the first to have the independent integration of full range of cold
rolling equipment in Binzhou, and achieves the historic leap of board
from the construction sector to the home appliances and automotive
sectors.
Standing at a new starting point in face of a new mission, the
enterprise will improve the incentive system \"Inspiring Employees by
Cultural Ideas, Development Prospects, Remuneration Incentives, Work
Environment\"; for \"Giving Employees a Decent Work and a Life with
Dignity\", build the high-standard staff accommodation and cultural
center, further beautify the factory environment, enrich the cultural
life and spiritual life of workers; take \"Introducing, Keeping, and
Displaying Talent\" as the goal of a good management mechanism, maximize
the potential of workers, foster staff competence, and achieve the
goal \"Getting Common Growth with Employees, Keeping Abreast of the
Times\"; build China\'s quality steel base, and with self-transcendence
and customer trust, and pave a solid \"Yuanda\" path for future business
success!
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