Founded in 1992, Shandong Shangang Group is a city-level high-tech enterprise of Tai’an. The company owns the total assets of 360 million yuan, with the registered capital of 81 million yuan. It covers an area of 260,000 square meters with the building area of 120,000 square meters.It has 1,524 working staffs altogether.
Shangang Group is a large-scale enterprise, which specialty produces hi-frequency welding and rolled band. There are 3 four-tandem rolling production lines, 16 single mills, 2 reversible mills and 27 production lines of GH200, GH 450 large-scale hollow section and several of pipe welding. It can produce all kinds of tetrad 500,000MT/Y. It has become one of the largest manufacturing bases of cold rolled steel trip and pipe welding processing bases. In 2004, it achieved the output value of 800 million yuan and the sales revenue of 780 million yuan with the profit tax of 355 million yuan.