Brand VerifiedChina

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

ChinaEst. 2008120K+ListedScore 86

Business Nature

Hebei Provincial State-Owned Steel Group: • Independent Production + Full Process + Leading Position in North China • Resource Integration + Regional Resource Optimization • Technology Upgrading + Product Portfolio Optimization • Green Transformation + Environmental Upgrade Core Business Revenue Contribution Business Segment | Revenue Contribution | Sales Volume | Position in China Steel Plate Business | 50% | RMB 225 billion | Major Producer in China Long Steel Business | 30% | RMB 135 billion | Major Producer in China Steel Pipe Business | 10% | RMB 45 billion | Key Player in China Other Businesses | 10% | RMB 45 billion | Supplementary Operations Product Mix Distribution Product Type | Revenue Contribution | Technical Features | Market Position Hot-Rolled Products | Primary Contribution | Hot-rolled coils, medium-heavy plates | Significant in China Cold-Rolled Products | Important Contribution | Cold-rolled coils, galvanized sheets | Significant in China Long Steel Products | Important Contribution | Rebars, wire rods, profiles | Regional Market Leader Special Steel Products | Supplementary Contribution | Special steel products | Important in Niche Markets Financial Data Analysis 2023 Group Overall Financial Performance Financial Metrics | 2023 Data | Year-over-Year Growth Revenue | RMB 450 billion | +3.5% Crude Steel Production | 40 million tons | +2.0% Steel Product Output | 38 million tons | +2.5% Total Assets | RMB 500+ billion | Steady Growth Employee Count | 120,000 | Generally Stable Business Performance Analysis Steel Plate Business: Performance impacted by price fluctuations Long Steel Business: Relatively stable demand from infrastructure construction Overall Operations: Operating scale remained stable Profitability: Profit margins face pressure Production Base Layout Analysis Main Production Base Distribution Production Base | Scale | Main Products | Regional Position Tangshan Base | Core Base | Steel plates, long steel products | Major Base in North China Handan Base | Key Base | Steel plates, special steel | Major Base in North China Chengde Base | Key Base | Vanadium-titanium products, steel | Specialty Products Base Other Bases | Supplementary Capacity | Diversified products | Regional Supplement Capacity Characteristics Concentrated Layout: Concentrated in North China region Scale Advantages: Large-scale production advantages Regional Synergy: Regional collaborative effects Logistics Advantages: Significant logistics cost advantages Steel Plate Business Strength Analysis Steel Plate Business Scale Business Metrics | 2023 Data | Position in China Steel Plate Output | 20+ million tons | Major Chinese steel plate producer Product Range | Comprehensive | Complete and diverse product lines Technical Level | Continuously Improving | Steady advancement in technical capabilities Market Share | Significant Share | Considerable market influence Technical Features Hot-Rolling Technology: Continuous improvement in hot-rolling technology Cold-Rolling Technology: Advancement in cold-rolling technology Surface Treatment: Optimization of surface treatment technology Quality Control: Comprehensive quality control system Long Steel Business Regional Advantage Analysis Long Steel Business Scale Business Metrics | 2023 Data | Regional Position Long Steel Output | 12+ million tons | Major Producer in North China Product Range | Comprehensive | Meeting regional demand Regional Market | Dominant Position | Strong regional market control Customer Base | Stable and Reliable | Stable customer relationships

Core Business Areas

Company: HBIS Group Co., Ltd. | Field: Core Hebei Iron and Steel Group is the second-largest steel production enterprise in China, specializing in full-process steel manufacturing in the metal smelting sector, with scale advantages, regional layout, and product diversification as its core competitive advantages: Pig Iron — [Core Raw Material Category] Blast Furnace Hot Metal: Blast furnace hot metal production core raw material Foundry Pig Iron: Pig iron products for casting applications Raw Material Supply: Steel production raw material assurance Billets — [Key Semi-Finished Product Category] Continuous Casting Billets: Various continuous casting billet production Billets Processing: Billet deep processing capabilities Semi-Finished Product Supply: Downstream processing raw material supply Scrap Steel — [Circular Economy Category] Scrap Steel Utilization: Scrap steel recycling and processing Electric Arc Furnace Steelmaking: EAF short-process steelmaking Resource Recycling: Resource circular utilization practices Alloy Additives — [Specialty Raw Material Category] Ferroalloys: Various ferroalloy products Alloying Elements: Alloying element additives Specialty Alloys: Specialty alloy raw material supply Steel Semi-Finished Products — [Intermediate Product Category] Semi-Finished Steel: Various steel semi-finished products Processing Raw Materials: Deep processing raw material supply Customized Products: Customer-specific semi-finished products Hot-Rolled Plates — [Important Finished Product Category] Hot-Rolled Coils: Hot-rolled steel coils Medium-Heavy Plates: Medium-heavy steel plates Hot-Rolled Profiles: Hot-rolled section steel Cold-Rolled Coils — [High Value-Added Category] Cold-Rolled Coils: Cold-rolled steel coils Precision Cold Rolling: Precision cold-rolled sheets High-End Products: High value-added products

Industry Rankings

6Ranking List of Manufacturers in the Metal Structural Materials Industry

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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.

VerityRank Score

86/ 100

Based on market presence, financial scale, operational capacity, and brand strength.

Quick Facts

Headquarters

Shijiazhuang, Hebei, China

Founded

2008

Employees

120K+

Listing

Publicly Listed

Data Sources & Methodology

This corporate profile is compiled from publicly available sources including company annual reports, SEC/regulatory filings, official press releases, and verified third-party industry databases. Financial figures reflect the most recent fiscal year disclosures and are cross-validated across multiple independent references.

VerityRank Score is calculated using a proprietary multi-dimensional model evaluating market presence, financial strength, operational scale, innovation capacity, and brand influence. Individual dimension scores are normalized against industry peers and updated quarterly.

Disclaimer: This profile is for informational purposes only. VerityRank makes no warranties regarding completeness or timeliness. This content does not constitute investment advice or endorsement.

Key references: Refer to the official company website and public filings.

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