Governance Area: Steel Plant

Owner Profile: Shandong Luly Steel Co., Ltd. was established in 1993. It is a steel joint-production enterprise controlled by Luly Group Co., Ltd., integrating sintering, ironmaking, steelmaking, and rolling processes. It currently has more than 6,000 employees. The company is located in Houzhen Town, Shouguang City, Shandong Province, with convenient transportation. In 2011, it was listed as a key supported steel enterprise in the "Twelfth Five-Year Plan" for the development of the Shandong steel industry; in August 2014, it successfully passed the acceptance inspection of the "Steel Industry Normative Conditions" of the Ministry of Industry and Information Technology. The company has passed various system certifications, and its product range is rich, covering high-strength earthquake-resistant ribbed steel bars, high-quality carbon structural steel, billet steel, etc. "Luly" brand billets and high-quality carbon structural steel have been awarded the title of "Shandong Famous Brand." Products are not only sold well in more than 30 provinces, autonomous regions, and municipalities in China, but also exported to South Korea, Japan, Southeast Asia, and other places. In recent years, the company has taken the construction of an innovative steel enterprise as its goal, promoted the transformation of old and new kinetic energy, invested in the construction of seamless steel pipe manufacturing and high-quality cast and forged parts projects, and extended the steel industry chain. At the same time, adhering to the concept of green development, it has built a green and low-carbon steel manufacturing system and is continuously moving towards high-quality development.