Shiheng Special Steel Group Co., Ltd. is located in Feicheng City, Shandong Province and has a development history of 54 years. The comprehensive economic strength of the enterprise ranks among the top 500 Chinese enterprises and among the top enterprises in Shandong.

In recent years, Shiheng Special Steel has actively adjusted its structure and transformation mode, shifting from quantity oriented to quality oriented, and from expansion oriented to efficiency oriented, continuously improving its core competitiveness. It regards transformation and upgrading, structural adjustment, circular economy, and energy conservation and emission reduction as the main theme of scientific development, and has embarked on a scientific development path of continuous optimization of structure, continuous enhancement of strength, continuous reduction of energy consumption, continuous improvement of environment, and continuous improvement of efficiency. The group company firmly grasps the "three lifelines", namely the ability of products to adapt to the market, the profitability of enterprises, and the innovation ability. It adheres to the "three magic weapons", namely a scientific and clear corporate strategy, a management mode that enables the implementation of corporate strategy, and a corporate culture that integrates with enterprise development. The main direction is product structure adjustment, production factor optimization, and continuous improvement of economic and technological indicators. With innovative management mode as the starting point, efforts are made in refined management to create a characteristic economic and technological indicator system. The profit and tax per ton of steel always rank at the advanced level in the same industry.