Hunan Iron & Steel Group Co., Ltd (“Hunan Steel”), which used to be known as Hunan Valin Group, established by consolidating Xiangtan Steel, Lianyuan Steel, and Hengyang Steel which were founded in 1958, was renamed Hunan Steel on Mar. 7, 2022.

Hunan Steel is the largest company in Hunan Province. It currently has crude steel production of 30 Mt/a, 36,000 FTEs, total assets exceeding 200 billion yuan, and operating income of 240 billion yuan. Hunan Steel has 2 listed companies, ie, Valin Steel and Valin Cable, over 100 wholly-owned and controlled subsdiaries. It is one of the Top 10 Steelmakers in China, ranking 14th in the global steel industry in 2024 and has been in the list of Fortune Global 500 since 2022.