"This epidemic further reminds us that the current market competition is not the point-to-point competition between enterprises, but the competition of industrial chain and system integration capability. Only by establishing a stable supply chain and industrial chain, forming an industrial ecosystem of mutual integration and support, can we improve our ability to fight against the storm. " According to Hou Jun.

According to Hou Jun, after in-depth analysis and judgment of the current macro environment and industry trend, based on its own endowment and future pursuit, Shangang has established the development strategy of "aggregating resources, opening and sharing, building a safe and efficient steel industry ecosystem; promoting kinetic energy conversion, innovative governance, and building a new benchmark for the development of green and intelligent industries" in the next three years. The company will continue to make efforts in 6 aspects:

First, system integration to build industrial highland. Through improving the core competitiveness of the main iron and steel industry in terms of scale, technology and products, optimizing the layout of diversified industries such as iron and steel trade and services, and strengthening the strategic cooperation with the iron and steel industry chain enterprises, Shandong Iron and Steel Co., Ltd. will shape a more efficient, faster, safer and higher income growth circle.

The second is to empower wisdom and open up the channels and collaterals of essential elements. Through the integration and innovation of the Internet of things, big data, cloud computing, artificial intelligence and other new generation information and manufacturing technologies, Shandong Iron and Steel Co., Ltd. will closely cooperate with all links and members of upstream and downstream enterprises to provide strong support for production intelligent decision-making, business model innovation, resource optimization and allocation and industrial ecological cultivation.

Third, it is driven by innovation to stimulate endogenous power. Innovation can realize the iterative evolution of technology, management and business model, which is the sustainable power for the development of iron and steel industry ecosystem. Shangang will comprehensively improve the scientific and technological innovation system, strengthen the innovation of business model, and stimulate the innovation power of all staff.

Fourth, we need to deepen reform and unleash momentum. Shangang will further deepen the connotation of the reconstruction of state-owned capital investment companies and form an open, coordinated and efficient operation mechanism.

Fifthly, the system security and the cornerstone of development. Comprehensive risk prevention system is the guarantee of sustainable development of iron and steel industry ecosystem. Shangang will build a green development benchmark, keep the bottom line of safety production, and establish a compliance management system to effectively prevent risks.

Sixthly, leading by Party building, strengthening ecological security. Shan steel will play a leading role in Party building, gather consensus strength, and provide strong political guarantee for building a safe and efficient iron and steel industry ecosystem and creating a new benchmark for high-quality development.

"Next, Shangang will accelerate the implementation of the" Shangang chapter "of the advanced steel manufacturing industry base plan of Shandong Province, increase the research and analysis of steel enterprises in key areas and Shangang's development strategy, and promote the upgrading of intensive production capacity, market-oriented joint restructuring, and high-quality transformation and upgrading by means of holding, equity participation, cooperation and other capital operation modes." Hou Jun said.