Recently, the China’s Unicorn Enterprise Development Report (2024) was officially released at the “Global Unicorn Enterprise Conference” of the 2024 Zhongguancun Forum Annual Conference. Shougang Zhixin was named in the list of China’s unicorn enterprises, ranking 97th among 369 companies.

As the main platform supporting electrical steel, one of Shougang’s three strategic products, Shougang Zhixin deeply implements the strategy of the coordinated development of the Beijing-Tianjin-Hebei region and adheres to the development philosophy of “green manufacturing and low-carbon development” and the product positioning of “going high-end, efficient, green, and environmentally friendly.” Through years of innovative breakthroughs and industrialization practices, Shougang Zhixin has achieved leapfrog development in high-end electrical steel from scratch, transforming from a follower to a leader. It has received numerous accolades, including being named a National Single Champion Demonstration Enterprise for Electrical Steel in Manufacturing, National High-tech Enterprise, and National Intellectual Property Advantage Enterprise. In 2021, Shougang Zhixin actively implemented the requirements for the mixed ownership reform of state-owned enterprises, conducted strategic investor introduction and capital increase, and continuously carried out capital operations, leveraging the dual engines of “capital + operation” to empower high-quality development.

In recent years, through independent integration and innovation, Shougang Zhixin has adopted multiple pioneering technologies to establish the world’s first specialized production line for electrical steel used in new energy vehicles and the world’s first specialized production line for oriented electrical steel with 100% thin-gauge and high-permeability. It has continuously overcome “bottlenecks” and firmly grasped the core technologies in the key fields of “Pillar of a Great Power” in its own hands. In 2023, it was recognized as a “Science and Technology Reform Demonstration” enterprise by the State-owned Assets Supervision and Administration Commission of the State Council.

Shougang’s oriented electrical steel covers over 60 products in six series, with four products achieving global first launches. Its product series have reached international leading levels, firmly positioning it among the world’s top transformer material suppliers. Its non-oriented electrical steel encompasses more than 100 grades in four series, with six products achieving global first launches, ranking second in market share nationwide. For electrical steel used in new energy vehicles, Shougang Zhixin offers over 20 products in six series that are widely applied in renowned domestic and international new energy vehicle enterprises, industrial mainstream drive systems, and supporting factories. It covers all leading global new energy vehicle enterprises, with four out of every ten new energy vehicles in China equipped with “Shougang’s Core”.

Looking ahead, Shougang Zhixin will remain steadfast in its ambitious goal to “build a global electrical steel demonstration factory”. Led by technological innovation, it will promote the deep integration of innovations in technologies, management, and business model. By developing new quality productive forces tailored to local conditions, Shougang Zhixin will strive to enhance its high-end, intelligent, and green capabilities. It will be fully committed to forging Shougang’s brand, Shougang’s innovation, and Shougang’s services, contribute to the high-quality development of the steel industry, and set an example in the coordinated development of the Beijing-Tianjin-Hebei region.