From 2004, it is the period of 5 years for that Fusheng Steel Ltd, has been developing from none to having, less to more, determined to forge ahead, tenaciously struggling. Fusheng Steel Ltd., carried out reform and innovation in a determined manner, at the same time made plans on new development based on the new start point. As a result of deepening integration & synergy, speeding up the construction of planned projects, implementing fine quality products strategy, and carrying out widely the activity of improving efficiency by lowering the cost, Fusheng Steel Ltd. achieved the production & business targets and tasks, breaking historical records in sales volume, revenue and profit. That made the solid base for taking off of Fusheng Steel. Fusheng Steel has been paying much attention to the strategy of “ Quality creating brand, Integrity shaping future” and insist on “The first be Quality, the best be Service, for mutual benefits”.? In 2004, the company passed the ISO9001, and got the honor of “The famous brand products”, “The customer’s satisfactory products” ，“Exemption From Inspection”and so on. The sale’s net is throughout China. This promotion of rating is an affirmation of the company's capability of steady operation and fast development.

    Looking to the future, the steady and fast growth of Chinese economy and the world economy, the active changes in the structure of the development of global iron & steel industry, and the lasting, stable and high demand of China's iron & steel market - all these have provided a favorable room for growth and opportunity for development for Fusheng Steel Ltd., and China's iron & steel industry. Relying on the overall competitive advantages such as quality products and services, the innovative spirit of fast response to the customers' needs, and the insightfulness in long-term development strategy of the management, Fusheng Steel Ltd., will
    *deepen further the integrated operation of the principal business of iron & steel and enhance the synergistic effect of integration;
    *improve its ability of independent innovation in a speedy manner, with optimization of product mix as the central work;
    *press forward green manufacture and develop circulation economy;
    *carry forward Fusheng Steel's advanced culture to improve executive force for the strategies.

    Fusheng Steel Ltd. has clearly defined its plan for the new round: By 2009, the iron & steel production capacity will top 5 million ton, with great increase in sales revenue, making Fusheng steel an iron & steel production basis with complete varieties and specification for the target market, forming a complete set of product series with fine quality steels as the core; at the same time improving the comprehensive competitiveness of the strategic products to keep leading position in domestic market in terms of scale and products and to be the Ton 10 competitive company in China . We will implement the new round leap-forward development strategy in a better and speedier manner.

    Taking a new road to industrialization, Fusheng Steel Ltd. pursues a healthy development of long standing, to create more value for the shareholders, users, employees, suppliers and the society.