The official website of Shanghai Songjiang Vibration Absorber Group Co., Ltd. presents detailed information on the Rubber Joint Contract for the Magang Group Primetals Continuous Casting System Project.
Shanghai Songjiang Group supplies vibration rubber joints for many steel plant continuous casting systems. The products are manufactured with imported premium rubber raw materials to ensure stable performance and reliable operation. Below is the relevant introduction.
I. Introduction to Magang Group
Magang Group (Maanshan Iron & Steel Group) is a holding subsidiary of China Baowu Steel Group Corporation Limited. It operates one A+H share listed company and has an annual steel production capacity of approximately 21 million tons, with a workforce of around 20,000 employees.
Magang traces its origins back to the Maanshan Iron Works founded in 1953. In 1958, Maanshan Iron and Steel Company was established. In 1993, Magang successfully implemented a shareholding reform and was restructured into Magang General Corporation and Maanshan Iron & Steel Co., Ltd.
In 1998, Magang General Corporation was legally reorganized into Magang (Group) Holding Co., Ltd. On September 19, 2019, China Baowu and Magang Group officially signed a restructuring agreement, making Magang Group a holding subsidiary of China Baowu. China Baowu holds 51% equity, while the Anhui State-owned Assets Supervision and Administration Commission holds 49%.
Through more than 60 years of hard work, self-accumulation, and continuous development, Magang has created multiple “firsts” in China’s steel industry, including:
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China’s first wheel and tire plant
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The first high-speed wire rod rolling mill
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“China’s First Steel Stock” (A+H share listed company)
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The first large H-beam production line
Magang is a diversified and synergistically developed group enterprise, forming an industrial structure featuring coordinated development of steel manufacturing, extended industrial chains, and strategic emerging industries.
Its steel business includes three major production bases—Magang Headquarters, Changjiang Steel, and Hefei Company—equipped with advanced production lines for hot-rolled and cold-rolled sheets, color-coated plates, galvanized plates, H-beams, high-speed wire rods, high-speed bars, and wheels. The product portfolio covers four major series: plate & strip, special steel, long products, and wheels & axles.
Products such as wheels, H-beams, cold heading steel, and pipeline steel possess independent intellectual property rights and core technologies. Wheel and H-beam products have been awarded the title of “China Famous Brand,” and the listed company has received the National Quality Award.
Magang’s diversified businesses also extend to mineral resources, engineering technology, scrap steel recycling, chemical energy, trade logistics, financial investment, energy conservation and environmental protection, information technology, and new materials.
Currently, Magang is at a critical stage of accelerating transformation and upgrading toward high-quality development. Under the strong leadership of China Baowu, Magang will adhere to the guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, fully implement the new development philosophy, and strengthen its performance orientation of “surpassing oneself, outperforming the market, and pursuing excellence.”
By deepening reform, promoting innovation-driven growth, enhancing integration, and benchmarking against best practices, Magang aims to build a new, stronger, and more competitive Magang with sustainable momentum, contributing to China Baowu’s goal of becoming a world-class enterprise and to the comprehensive development of Anhui Province.
