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Nanjing Steel is an industry-leading, highly efficient and fully integrated steel complex with annual production capacity of over 10 million tonnes, primarily producing specialised plates and long steel products. R&D focuses on steel materials exhibiting high strength, high toughness, high fatigue resistance, high wear resistance, corrosion resistance and excellent weldability, widely used in oil and gas equipment, renewable energy, shipbuilding and marine engineering, automotive bearings and springs, construction machinery, rail transport and high-rise bridge structures.

 
In 2025, Nanjing Steel strengthened core competitiveness in “special steel materials+intelligent manufacturing,” supported by its specialised and sophisticated main business and driven by new quality productive forces. Its three business ecosystems—Industrial Chain, Intelligent Manufacturing Services and Green and Low-carbon Development— worked in synergy. The subsidiary Jin’an Mining won the bid for exploration rights to the Fanqiao Iron Mine, while Nanjing Steel actively integrated into the CITIC synergistic ecosystem, strengthening industrial chain synergy and resource integration. It was awarded the 2025 Jiangsu Governor’s Quality Award and honoured as one of the first batch of “Leading Standard Enterprises” under the MIIT’s Standard Conditions for the Steel Industry (2025 Edition).
Heavy plate production line

Innovative products for major national projects: Nanjing Steel was the first in China to complete the full-scale development and industrialisation of 600MPa, 800MPa and 1000MPa high-strength steel for large-scale hydropower projects. Its 1000MPa ultra-high-strength hydropower steel covers all thickness specifications from 24mm to 120mm, leading the breakthrough in key technologies for ultra-high-strength steel in the hydropower industry. High-manganese cryogenic steel, a new generation of cryogenic material for clean energy storage and transportation, was successfully applied in the 100m³ high-manganese steel Type-B tank demonstration project. Nanjing Steel won its first major bid for nuclear Class 1 equipment steel for the China Erzhong Bailong and Haiyang nuclear power projects.

Core advanced steel materials sales reached 2.827 million tonnes in 2025 (+8.09% YoY), accounting for 30.5% of total steel sales (+2.42pp YoY). Gross margin: 20.88% (+3.71pp YoY). Gross profit contribution: 48.15% of total steel products.


Embracing AI to foster new quality productive forces. In partnership with Huawei, Nanjing Steel launched “YuanYe,” the steel industry’s first dedicated LLM architecture, spanning four core interfaces—raw materials to ironmaking, ironmaking to steelmaking, steelmaking to rolling and customer service—and supporting R&D, production, marketing and operations. It rolled out 20 AI pilot applications, driving data integration and intelligent upgrading across the full process and value chain. Digitalisation across all businesses reached 85%, while key equipment digitalisation and the numerical control rate of key processes both reached 100%; the new-product R&D cycle was cut by 50%. Aligned with the national “Data Element ×” and “AI+” strategies, Nanjing Steel built a data management system for large steel enterprises, integrated over 95% of core data assets into its data lake, developed the proprietary “Data-to-Gold” platform and achieved RMB23.24 million in data asset capitalisation. It was designated as China’s inaugural pioneer-level smart factory and was the only steel company selected for the national pilot programmes on National Data Infrastructure investment and the Innovative Development of Trusted Data Spaces.

Deepening innovation-driven development to strengthen the technological moat. R&D expenses in 2025 totalled RMB2,312 million, or 4.03% of revenue. Nanjing Steel completed 30 appraisals for new products, technologies and scientific achievements, with 27 reaching internationally advanced levels or above. Four products—9%Ni steel, thick-walled X80 pipeline steel plates, high-grade wear-resistant plates and high-standard bearing steel—earned recognition as national patent-intensive products, while its acid-resistant pipeline steel was named a national champion product in manufacturing.

Won 15 provincial/ministerial awards, including five Jiangsu Science and Technology Progress Awards and six metallurgical science and technology awards. Formulated or revised 20 international, national and industry standards, including one international standard.


Steady advancement of the overseas layout. Nanjing Steel’s first overseas project—a coke production base in Indonesia with annual capacity of 6.5 million tonnes—now has all ten ovens in operation, delivering coke sales of 3.83 million tonnes in 2025 (+33% YoY). Steel products were sold to more than 40 countries and regions, with annual exports reaching 1.63 million tonnes (+9% YoY).