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25

2023

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03

Cooperation Agreement on Section Steel Process R&D with Jinxi Steel

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On Feb. 25th 2023, ZZ and Jinxi Group, the largest hot rolled section producer in Asia and the global 56th largest steel producer in 2021according to World Steel Association’s survey, signed the Strategic Agreement on Hot Section Mill R&D Cooperation.

On Feb. 25th 2023, ZZ and Jinxi Group, the largest hot rolled section producer in Asia and the global 56th largest steel producer in 2021according to World Steel Association’s survey, signed the Strategic Agreement on Hot Section Mill R&D Cooperation. The signing of this strategic agreement is a great evidence that ZZ has been widely recognized by customers in the R&D of hot section mill equipment and production process technology.


The cooperation agreement mainly includes process flow optimization, high-efficiency roll pass design development, hot rolled section products quality control, equipment upgrading, and technical consultation for complete process flow in the hot section plant. 

Founded in 1986 with its headquarter in Beijing now, Jinxi Group has nearly 100  holding companies home and abroad, including 4 China national high-tech enterprises and 3 listed companies. With an annual sales revenue of more than 100 billion CNY (or 14.7 billion USD), Jinxi is a large enterprise group integrating business sectors in steel, non-steel, and finance.

Jinxi Group has been among China’s Top 500 Enterprises for 20 consecutive years and ranked 142nd in 2022. It also ranks 37th in China’s Top 500 Private Enterprises, 249th in China’s Top 500 Listed Enterprises, 62nd in China’s Top 500 Manufacturing Enterprises, and 23rd in China’s Top 500 Private Manufacturing Enterprises. 

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