Valin Iron and steel iron and steel: the development of the Internet Era

The Internet has been flooded with every corner of the world, like a huge net, bringing the whole earth in. Since last year, the steel industry suffered a "Internet plus" like a lot of straw in a root, let many steel enterprises see hope.

In February 16th, Hunan Valin Iron & Steel Limited by Share Ltd in 2016 first provisional shareholders meeting held in Changsha Valin Park, meeting with the cumulative voting election confirmed a total of 11 people of the sixth board of directors and 4 independent directors.

At the same time, we elected Mr. Liu Guozhong and Mr. Chen Wei to be the sixth supervisors of the sixth supervisory board of the company, including Mr. Wang Shuchun, Mr. Wang Shuchun, Mr. Cheng Peixiang and Mr. Zuo Shaohuai.

According to the 2015 annual performance forecast issued by the company in January 29th, during the reporting period, the company realized the net profit of shareholders belonging to the listed company -27 billion yuan ~-30 billion, compared to 75 million yuan last year.

Although the industry is facing the winter, but Valin steel has been through increase and industrial transformation from saving. The company's stakeholders said that by tapping the potential to increase efficiency, the company has faced a big counter attack, and a number of related indicators have been ranked the forefront of the industry, and even some are still in the leading position in the industry.

For performance loss, the company said, in 2015 the world economic recovery is expected, the domestic downtown pressure on the economy increase, have slowed down the growth rate of real estate development, infrastructure, machinery and other downstream steel industry overcapacity problem, policy implementation is a process to resolve and the iron and steel industry, especially in the second half of 2015 steel prices fell sharply, China Steel Association domestic steel price index hit a low of more than 20 years, iron and steel enterprises China loss continues to expand.

At the same time, since the three quarter of RMB devaluation led to dollar loans have certain exchange losses, plus subsidiary joint venture automobile plate is still in production up to a certain degree of loss of efficiency in the process, the company expects full year loss of 2 billion 700 million yuan -30 million yuan.

Valin steel plate recently said that the company can be used in the manufacture of military equipment, and the company is military certification smoothly.

But overall, Valin steel loss in the industry's relatively smooth, Wuhan Steel shares 2015 loss of 6 billion 800 million yuan, is two times more than the Valin Iron and steel.

At present, the company is committed to "Internet plus steel" two-way development, to optimize the product structure and the transformation and upgrading of the whole industry in general downturn, in order to realize the optimization of product structure of special steel project companies on the one hand through the car plate and drawn by the implementation of the project, to enhance the competitiveness of iron and steel industry.

On the other hand, to increase the implementation of "Internet plus iron and steel industry chain upgrade project to build a supply chain finance platform and e-commerce platform through the gradual transformation of the company, from the traditional steel manufacturers to steel integrated service providers, to cultivate new growth points.