Jiugang Group Sets a New First-Quarter Profit Record

Jiuquan Iron and Steel Group’s industrial park. (Courtesy photo) Provided by Jiuquan Iron and Steel Group

Jiayuguan News from the New Gansu Client (Reporter Yu Xiaoming, Gansu Daily—New Gansu) According to Jiuquan Iron and Steel Group, in the first quarter the group’s various industrial segments closely tracked their annual targets and continued to work hard on optimizing production organization, releasing capacity efficiently, and steadily improving profitability, forming a strong development picture characterized by “the core business leading, support from multiple fronts, and efficiency gains across all employees.” Core operating indicators such as the group’s operating revenue, industrial output value, and total profit all exceeded the planned targets, setting a new historical record for quarterly profits.

In the first quarter, Hongxing Shares optimized production scheduling across its entire system, efficiently completed the 2.2 million-ton special cleanup work at the Jiabei material yard, and worked to fully ensure the newly built production lines reached steady production. Steel output increased by 1.5% year over year. At the same time, it accelerated the transformation and upgrading of its product structure, with the proportion of coil products increasing. Dongxing Aluminum Co., Ltd. analyzed market trends and adjusted production pacing to ensure safe, stable, and efficient operation across all production lines. The electrolytic cell startup rate was kept stable at above 99%. The 60 continuous casting and rolling production lines and the 6 cold-rolling lines maintained full-load continuous production. In the first quarter, aluminum product output increased by 44k tons year over year; industrial output value maintained high growth, and profitability improved. Meanwhile, it continued to optimize its nationwide market marketing layout, deepened production-and-sales alignment across the upstream and downstream industrial chains. The on-site conversion rate of aluminum liquid and sales of high-end aluminum coils increased in parallel, with market discourse power and brand influence continuing to strengthen.

In the first quarter, Hongsheng Electric Heat Co., Ltd. saw electricity generation increase by 220 million kWh year over year and district heating supply increase by 610k GJ year over year. Relying on its own energy resource advantages, Hongdian Ferrosilicon Alloy Co., Ltd.’s ore-heated furnaces achieved full-load production across the board, successfully turned losses into profits, and released the aggregated management and integration efficiency of the industrial fusion.

While the core business experienced strong growth, featured industries and auxiliary support segments advanced in parallel. Tiangong Mining Co., Ltd. seized favorable conditions in the bulk commodities market, and its profitability increased significantly in the first quarter. Dunhuang Seed Industry Co., Ltd. established an end-to-end marketing network across its coverage area, strengthened promotion of improved seed varieties and deepened channel development, with seed sales increasing year over year. Westem Heavy Industry Co., Ltd., Runyuan Co., Ltd., and other service and support units provided practical measures such as upgrading service quality, optimizing pricing mechanisms, and promoting comprehensive utilization of solid waste resources, fully safeguarding high-quality development for enterprises.

责任编辑：陈德政

【来源：新甘肃客户端】