Zhenshi Group Eastern Special Steel Co., Ltd. is a key subsidiary of Zhenshi Group, specializing in the production and research and development of stainless steel and special steels. As a leading company in China’s stainless steel industry, Eastern Special Steel boasts strong technological advantages and market influence in stainless steel production.
Company Overview
Company Profile
Background: Zhenshi Group Eastern Special Steel Co., Ltd. was established in 2003 and is headquartered in Jiaxing City, Zhejiang Province, China. Its core business is the production and sales of high-end stainless steel and special steels. After years of development, it has become a renowned stainless steel manufacturer both domestically and internationally.
Production Capacity
- Total Production Capacity: Eastern Special Steel boasts a total production capacity exceeding 3 million tons, including over 1.5 million tons of stainless steel, making it one of China’s leading stainless steel production bases.
- Technology and Equipment: The company possesses several internationally advanced production lines, including electric arc furnaces, AOD furnaces, refining furnaces, continuous casting machines, and hot and cold rolling mills, ensuring high-quality and efficient production.
Market Share
- Domestic Market: Eastern Special Steel holds a significant share of the Chinese stainless steel market, particularly in the mid- to high-end stainless steel segment.
- International Market: The company’s products are exported to over 50 countries and regions worldwide, primarily in Asia, Europe, and North America, demonstrating strong international competitiveness.
Introduction to the Stainless Steel Division of Zhenshi Group’s EasternSpecial Steel
Stainless Steel Product Types
Stainless Steel Plates
- Cold-rolled Stainless Steel Plates: Eastern Special Steel’s cold-rolled stainless steel plates feature excellent surface quality and precise dimensional control, making them widely used in home appliances, automobiles, architectural decoration, and other fields.
- Hot-rolled Stainless Steel Plates: With their excellent mechanical properties and processability, hot-rolled stainless steel plates are suitable for the manufacture of large-scale structural components such as pressure vessels, chemical equipment, and ships.
Stainless Steel Coils
- Cold-rolled Coils: Cold-rolled stainless steel coils offer excellent corrosion resistance and processability, making them widely used in the manufacture of automotive parts, pipes, and building materials.
- Hot-rolled Coils: Hot-rolled stainless steel coils exhibit excellent ductility and toughness, making them suitable for the manufacture of structural components and industrial equipment.
Stainless Steel Bars
Eastern Special Steel’s stainless steel bars are widely used in machinery manufacturing, architectural structures, automotive parts, and other fields, offering high strength and corrosion resistance.
Stainless Steel Pipes
The company produces stainless steel pipes, including seamless and welded pipes, which are widely used in the petroleum, chemical, food processing, and medical equipment industries.
Technical Advantages
- Independent R&D Capabilities: Eastern Special Steel boasts a strong R&D team and advanced laboratory equipment, dedicated to the research and development of high-end stainless steel materials. The company holds leading positions in ultra-low carbon stainless steel, high-strength stainless steel, and high-temperature resistant stainless steel.
- Quality Control: The company strictly implements the ISO9001 quality management system to ensure product quality meets international standards. Each batch of products undergoes rigorous testing to ensure they meet customer requirements.
Environmental Protection and Sustainable Development
- Green Manufacturing: Eastern Special Steel prioritizes environmental protection, employing energy-saving and emission-reduction technologies and advanced wastewater and exhaust gas treatment systems to reduce environmental pollution during production. The company is committed to sustainable development and actively promotes a circular economy.
- Resource Utilization: Through comprehensive resource utilization technologies, the company recycles by-products such as steel slag and dust, further improving resource utilization.
III. Data Support
Production Data
- Stainless Steel Production: By 2023, Eastern Special Steel’s stainless steel production will reach 1.6 million tons, accounting for over 50% of the group’s total output.
- Sales Revenue: By 2023, Eastern Special Steel’s sales revenue will reach RMB 20 billion, with the stainless steel segment contributing over 70%.
- R&D Investment: The company allocates over 4% of its annual sales revenue to R&D and technological innovation, with R&D investment reaching RMB 800 million in 2023.
Market Performance
- Domestic Market Share: Eastern Special Steel holds over 20% of the Chinese stainless steel market, with an even higher share in high-end stainless steel products, particularly in the automotive and energy sectors.
- Export Data: By 2023, Eastern Special Steel will export approximately 500,000 tons of stainless steel products, primarily to Europe, Southeast Asia, and North America.
