Jinte Company, formerly known as 70 1 1 Plant, was transformed into a static steel plant in 198 1 year. Xinjiang Hejing Iron and Steel Plant was declared bankrupt by the People's Court of Hejing County, Xinjiang on February 26th, 2002. In June, 2003, 165438+ 10, the bankruptcy liquidation group transferred some bankrupt assets of Xinjiang Hejing Iron and Steel Plant to Jinte Building Materials through public bidding. On June 26th, 2003,165438+1October 26th, the bankruptcy liquidation group of Xinjiang Hejing Iron and Steel Plant and Jinte Building Materials signed the Asset Transfer Agreement of the former Xinjiang Hejing Iron and Steel Plant (hereinafter referred to as the Asset Transfer Agreement of Hejing Iron and Steel Plant). Both parties agreed to transfer the ironmaking branch factory, the iron ore branch factory, the cement branch factory, the special railway line and the continuous rolling system of the former Xinjiang Static Steel Plant (hereinafter referred to as the agreement). June 5438+065438+October 2003 10, and four natural persons, including Xie Bixiang, the shareholder of Jinte Building Materials, jointly invested to establish Jinte Steel. The legal representative is Xie Bixiang, and the business scope of the company is: manufacturing and sales of steel, cement and glass, mining and sales of iron ore, sales of building materials and agricultural planting. On June 26th, 2006,165438+1October 26th, Cast Pipe Group and Jinte Steel signed the Asset Restructuring Agreement of Xinjiang Jinte Steel Co., Ltd. (hereinafter referred to as the Restructuring Agreement), and both parties agreed to jointly establish Jinte shares. Business scope of the company: manufacturing and sales of steel, cement and glass; Iron ore mining and sales. General business projects (except those specially approved by national laws and administrative regulations); Sales of building materials; Agricultural cultivation.
Hejing County reorganized the assets of the former iron and steel company twice by attracting investment, and successfully introduced Xinxing Cast Pipe Group Co., Ltd., a top 500 enterprise in China, to invest in iron and steel smelting. After the holding of Xinxing Casting Pipe Group, it has invested more than 2 billion yuan successively, focusing on nine technical transformation projects with a production capacity of 6.5438+0 million tons, making the production capacity of Jinte Steel reach 6.5438+0 million tons. In 2009, after the completion of the first phase of the million-ton technical transformation project, another 2.5 billion yuan was invested to implement the third continuous casting project, the red ore roasting project and the 1080 cubic meter blast furnace construction project. 20 10 July, with an investment of19.8 billion yuan, the No.2 1080 cubic meter blast furnace production system project was started. It is expected to be completed and put into use by the end of 20 10. After the completion of the project, the annual output of steel can reach 2 million tons, the sales income will be 8 billion yuan, the tax revenue will be 800 million yuan, and more than 1 10,000 people will be created.