Pinggang, founded in 1954, is the earliest iron and steel enterprise in Jiangxi Province. After several generations of hard work, especially after 1997, Pinggang has developed from a small blast furnace of 40 cubic meters into an iron and steel enterprise with Pinggang, its holding subsidiary Pingxiang Anyuan Iron and Steel Co., Ltd. and its wholly-owned subsidiary Jiangxi Jiujiang Iron and Steel Plant Co., Ltd., with an annual output of 6.5 million tons of steel and materials. With a highly responsible attitude of "to the government, society, customers and employees", Pinggang has been operating in good faith for a long time and paying taxes according to regulations. It has successively won many honors, such as the National May 1st Labor Award, the National Advanced Quality Management Enterprise, the National Customer Satisfaction Enterprise, the most competitive private enterprise in China, the most socially contributed private enterprise, and the most socially responsible private enterprise.