ABOUT WANTAI

    In 2019, the predecessor of Hunan Wantai Steel Co., Ltd., Loudi Jiguang Industry and Trade Co., Ltd., was established. In 2019, Loudi Jiguang began to expand to Guangxi, mainly engaged in chromite trade and ferroalloy smelting sales.

    In 2021, Hunan Wantai Iron and Steel Co., Ltd. was established. The company adopted the strategic policy of group operation mode, expanding the original business horizontally and extending new business vertically, and gradually developed into a large comprehensive company focusing on chromite, ferroalloy, coke, metal renewable resources and other fields, aiming to build a comprehensive company integrating mining and beneficiation, import trade, ferrochrome processing, warehousing and logistics, price management A comprehensive supply chain service platform that integrates financial services.

    At present, the company has multiple trading companies, 3 logistics and transportation companies, 1 supply chain management company, 18 ferrochrome smelting and processing plants, and a leading chromium ore centralized mining platform under its jurisdiction. The factory's designed production capacity in 2021 will reach 800000 tons, with an annual output value of approximately 6 billion yuan and an annual import of 1 million tons of chromium ore; The factory has a designed production capacity of 1.2 million tons in 2022, with an annual output value of 8 billion yuan. The production volume of ferrochrome ranks second in China and first in the south.