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70 years of excellence: Baogang's remarkable journey

Updated: Oct 15, 2024 goinnermongolia.com.cn Print
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The first batch of molten iron flows from the No 1 blast furnace. [Photo/WeChat account of Baotou Daily]

This year marks the 70th anniversary of Baogang Group's founding. Over the past seven decades, Baogang has evolved into a powerhouse, overcoming numerous challenges and continuously reinventing itself.

Baogang's journey reflects a history of innovation that began with its establishment in 1954. In its early years, Baogang ended Inner Mongolia's long-standing absence of steel production, becoming a key player in the industrial rise of New China.

Since its first blast furnace began producing iron in 1959, Baogang has played a vital role in national infrastructure development. It laid a solid foundation for China's first 30 years of industrialization. After the reform and opening-up period, Baogang actively pursued market-oriented reforms, enhancing operational efficiency. It also achieved breakthroughs in the steel and rare earth sectors, setting records for "China speed."

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Baogang's modern blast furnace. [Photo/WeChat account of Baotou Daily]

In recent years, Baogang has aligned itself with national strategies, advancing into high-end and intelligent manufacturing. It has made significant strides in rare earth material technologies, positioning itself as a leading producer of high-end steel and rare earth products while expanding its global footprint.

At the same time, Baogang has responded to the call for green development, implementing low-carbon, eco-friendly technologies and refining its carbon-neutral roadmap. It is committed to creating a sustainable future by balancing industrial progress with urban development, becoming the leader of green steel production.

Baogang's 70-year legacy mirrors China's industrial evolution and represents a story of relentless pursuit of excellence, reform, and innovation. Today, with cutting-edge manufacturing and smart factory initiatives, Baogang is leading the steel industry into a new era of high-quality growth.

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