HBIS Group Co., Ltd.
HBIS
HBIS Group Co., Ltd. is a world-leading ultra-large steel group, consistently ranked among the Fortune Global 500. Formed through the merger of Tangsteel and Hansteel in 2008 and headquartered in Shijiazhuang, Hebei Province, its core steel assets are listed on the Shenzhen Stock Exchange through its subsidiary HBIS Company Limited (ticker: 000709). Operating through capital-intensive vertical int
Business Nature
Core Business Areas
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Corporate Report
HBIS Group Co., Ltd. is China's second-largest steel producer and a state-owned enterprise under Hebei Provincial SASAC, headquartered in Shijiazhuang, Hebei Province. The company operates a full industrial chain from mining and iron-making to steelmaking and rolling, with annual crude steel capacity exceeding 45 million tons and global revenues reaching approximately RMB 450 billion in fiscal year 2025. With a workforce of approximately 120,000 employees, HBIS holds a prominent position in the global steel industry and ranks among the Fortune Global 500.
Core Business
HBIS Group centers its operations on a comprehensive steel industrial chain that encompasses mining, iron-making, steelmaking, and rolling processes, positioning itself as a full-spectrum steel specialist. The company's primary products include flat steel products such as hot-rolled plates, cold-rolled sheets, and coated materials like galvanized and color-coated steel, alongside long steel products for construction applications. HBIS has strategically expanded into specialty steels including electrical steel and automotive steel, particularly in emerging sectors related to new energy applications. Beyond traditional steel products, the group operates a minerals resource division that provides iron ore supply security, contributing approximately 10% of total revenue as a complementary business segment.
Global Presence
HBIS maintains an extensive operational footprint spanning more than 10 countries, with China serving as its primary market contributing approximately 85% of revenues. Domestically, the group operates 15+ steel production bases concentrated in Hebei Province, with major facilities in Tangshan and Handan, supplemented by regional operations in Shandong and Liaoning provinces. The company's global network includes 50+ rolling production lines and 10+ mining operations across domestic and overseas locations, achieving an annual crude steel output of 42.8 million tons. International expansion features production facilities in Serbia, South Africa, and other regions, representing over 5 countries with overseas operations that enable global market access and diversified manufacturing capabilities.
Key Strengths
HBIS distinguishes itself through significant scale advantages as China's second-largest steelmaker, generating substantial economies of scale across its integrated production system. The group demonstrates strong technical capabilities with continuous R&D investment representing 3.5% of annual revenue, driving product upgrades toward high-value-added segments including specialty steels and coated products. A diversified product portfolio spanning plates, long products, and specialty steels provides resilience against market fluctuations, while the company's ongoing green transformation initiatives, including ultra-low emission upgrades and low-carbon technology development, position it favorably amid tightening environmental regulations. These competitive advantages, combined with its dominant market position and state-owned enterprise backing, sustain HBIS's leadership in China's steel industry despite challenges from industry overcapacity and raw material price volatility.
Quick Facts
Headquarters
Shijiazhuang, Hebei, China
Founded
2008
Employees
120K+
Listing
Publicly Listed
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