Jiuquan Iron & Steel (Group) Co., Ltd. (hereinafter as JISCO) is a large-scale enterprise group. Its operation mainly focuses on steel industry, while being engaged in some other businesses of various ownership at different areas as well, including power generation, mechanical manufacture, electrical manufacture/ repair, refractory and chemistry, cement and construction materials, steel structure, welding material, industrial and civil architecture, metallurgical engineering, vehicle transportation, logistics, real estate, industry automation, environment protection, high-tech farming, medical service, higher vocational education, catering and industry tourism. The total assets of JISCO is RMB 30 billion and total quantity of employee is 39 thousand (there into, 27 thousand on post). JISCO consists of about 50 companies among which there are 22 subsidiary companies or branch companies. The sales offices are located at Jiayuguan, Lanzhou, Xi’an, Yinchuan, Urumchi, Taiyuan, Chendu, Shanghai etc. In order to take advantage of overseas resource, daughter companies have been established in South Africa and Mongolia</p>