The full name is Shanxi Taigang Investment Co., Ltd. It is a wholly-owned subsidiary of Taiyuan Iron and Steel (Group) Co., Ltd., formerly known as Taiyuan Iron and Steel (Group) Raw Material Trading Co., Ltd. It was registered with the Shanxi Provincial Administration for Industry and Commerce on July 16, 1998 and obtained an enterprise legal person business license. The business scope includes the production and sales of iron ore, ore powder, ferroalloys, non-ferrous metals, carbon products, coke, steel billets, and steel; the production and sales of pig iron; coal washing. The purchase and sale, processing, and exchange of waste metals; wholesale and retail of building materials, decorative materials, electromechanical products (excluding small cars), chemical products (excluding dangerous goods), lubricants, refractory materials, and solvents (projects that require approval must be operated with a license).
In 2006, with the approval of the State owned Assets Supervision and Administration Commission of Shanxi Province, Taiyuan Iron and Steel Group restructured its main steel business by selling 100% of its equity to Shanxi Taiyuan Iron and Steel Stainless Steel Co., Ltd., becoming a wholly-owned subsidiary of Taiyuan Iron and Steel Stainless Steel. In August 2008, the State owned Assets Supervision and Administration Commission of Shanxi Province, Taiyuan Iron and Steel Group, Taiyuan Iron and Steel Stainless Steel, and the board of directors of the company agreed to first divest all assets of Taiyuan Iron and Steel (Group) Raw Material Trading Co., Ltd. except for monetary assets. Then, Taiyuan Iron and Steel Group acquired 100% of the equity held by Taiyuan Iron and Steel Stainless Steel Co., Ltd. The controlling shareholder of the company was changed to Taiyuan Iron and Steel Group, and the company name was changed to "Shanxi Taiyuan Iron and Steel Investment Co., Ltd." The registered capital increased from 15 million yuan to 1 billion yuan. The business scope has been changed to "investment and consulting management of industries (permitted by laws and regulations)", with Zhou Yizhou as the legal representative.
Development strategy: Implement the company's development strategy of achieving "three transformations", fully leverage the brand advantages of Taiyuan Iron and Steel Group, enter the financial field, and become a financial asset management platform for the group company.
Recent main business models: PE investment, securities investment; Undertake strategic investment business of the group company; Private equity fund investment management, etc.
Taiyuan Iron and Steel (Group) Co., Ltd. (hereinafter referred to as TISCO) is a super large iron and steel complex mainly engaged in the production of plates and the largest stainless steel manufacturer in Chinese Mainland. In 2004, the total assets were 31.6 billion yuan, the steel production was 4.63 million tons, and the sales revenue exceeded 29 billion yuan.
Taiyuan Iron and Steel has advanced technology and equipment in the mining and processing of iron ore and other steel smelting raw materials, steel smelting, steel material pressure processing, metallurgical equipment and spare parts manufacturing, etc. Its main products include stainless steel, cold-rolled silicon steel sheets (coils), axle steel, alloy mold steel, military steel, hot rolling coils, etc.
Taiyuan Iron and Steel has a national level technology center, as well as an excellent team of stainless steel talents and strong research and development capabilities. Since the 1990s, Taiyuan Iron and Steel Group has been aiming at international advanced levels and accelerating the development of stainless steel. In 2004, its stainless steel production reached 721700 tons, continuing to rank among the world's top eight stainless steel enterprises.
Taiyuan Iron and Steel Group implements a quality brand strategy, implements the ISO9000:2000 standard, and vigorously promotes the standardized and effective operation of the quality management system. Key products such as cold-rolled stainless steel plates (strips) have won the "Gold Cup Award for Physical Quality of Metallurgical Products". Key products such as stainless steel have steadily entered key fields, emerging industries, and well-known enterprises such as petroleum, petrochemicals, railways, automobiles, shipbuilding, containers, coinage, and deep drawing, making important contributions to the comprehensive construction of a moderately prosperous society.
Adhering to the long-term, stable, cooperative and win-win marketing strategy with users, TISCO has formed a perfect marketing network. It has set up 10 economic and trade branches in China to sincerely provide users with pre-sales, sales and after-sales services, and has won the honor of "exemplary organization of after-sales service for national famous and high-quality products".
Taiyuan Iron and Steel actively promotes international operations, establishing economic and trade relations with more than 30 countries and regions such as the United States, Germany, France, the United Kingdom, Japan, South Korea, and Australia. International technological exchanges and cooperation continue to expand, and the pace of global procurement of important strategic resources is accelerating. The export volume of key products such as stainless steel cold-rolled sheets is increasing year by year.
Taiyuan Iron and Steel Group adheres to the strategy of sustainable development, adheres to the path of new industrialization, implements the ISO14001 standard, and increases efforts in water conservation, energy conservation, consumption reduction, pollution reduction, greening, and beautification. In 2004, it was awarded the title of "Advanced Collective in Environmental Protection" in Shanxi Province and is moving towards becoming an international first-class ecological landscape chemical plant.
Taiyuan Iron and Steel Group has accelerated the implementation of its talent strategy with the "515 Project" as its core, strengthened human resource development, promoted the value of talent contributions, stimulated team vitality, and improved team quality.
Taiyuan Iron and Steel Group is accelerating the implementation of new stainless steel engineering and supporting projects. After the completion of the project in 2006, it will have an annual production capacity of 3 million tons of stainless steel, becoming the world's largest stainless steel enterprise and laying the foundation for achieving corporate strategic goals.
Taiyuan Iron and Steel Group will continue to implement the work policy of "development as the theme, structural adjustment as the main line, benchmarking and tapping potential as the focus, reform and innovation and technological progress as the driving force, and people-oriented", and strive to build the world's most competitive stainless steel enterprise.

Taiyuan Iron and Steel Group's business scope includes the production and sales of iron ore, ore powder, ferroalloys, non-ferrous metals, carbon products, coke, billets, and steel; pig iron production and sales; coal washing. The purchase, processing, and exchange of waste metals, wholesale and retail of building materials, decorative materials, electromechanical products (excluding cars), chemical products (excluding dangerous goods), lubricants, refractory materials, solvents, etc. The temperature near its steelmaking furnace can reach thousands of degrees Celsius, and the requirements for electrical equipment are more stringent than conventional ones. When this company purchases from our company, it is also racking its brains to survive in this extremely harsh environment. Later, our company specially customized a batch for it. Industrial plugs, sockets, mechanical interlocks, etc. are currently in good functional condition.