At the beginning of 2007, Wugang Company invested a total of 3.5 billion yuan, and a 65.438+100,000-ton wide plate production line integrating world-class technology was completed and put into operation, creating a brand-new Wugang. Wugang has formed two wide and thick steel plate production lines with their own characteristics and complementary advantages. There are three 90t, 100t ultra-high power electric furnaces, five 90t, 100t molten steel refining furnaces and four 90t, 100t molten steel vacuum treatment furnaces in front of the main equipment. There are 9 large-scale ingot casting lines and two 300× 1900mm and 300mm×2500mm slab continuous casting machines. After that, there were two sets of 4 100mm and 4200mm wide and thick plate mills, equipped with more than 30 heat treatment furnaces such as normalizing furnace, tempering furnace, quenching furnace, outer furnace and bottom furnace. With an annual output of 3 million tons of steel and 2.6 million tons of wide and thick steel plates, the annual sales income exceeds 654.38 billion yuan and the total profit and tax is nearly 2 billion yuan. It can be said that one dance steel today is equivalent to ten before the restructuring.
Wugang's business philosophy is "no one has me, no one has me, no one has me, no one has me, no one has me", and "creating a famous brand in China and a world-class product" is Wugang's corporate goal.