The company's Xining Steel Works was put into operation in 1969, completed corporate reform in 1996, and the main steel assets were successfully listed on the Shanghai Stock Exchange in 1997. Guided by Xi Jinping's ideology of socialism with Chinese characteristics in the new era, the company adheres to the new sixteen-character business policy of “seeking progress in transformation, restructuring, improving quality and efficiency, and green development”, unswervingly promotes the three major changes of “quality, efficiency, and power”, continuously promotes institutional mechanism reforms in an integrated manner, and accelerates the implementation of industry, production lines, and product structure adjustments. The company's main business is the production and sale of steel and the development and sale of commercial housing. The main products are: composite steel, carbon steel, ball steel, stainless steel, joint steel, carbon steel, spring steel, limestone, and commercial buildings. Corporate honors: China Aerospace Science and Technology Group's “Shenzhou-7 Outstanding Contribution Award”, Zhonglian Heavy Industry Concrete Machinery Company's “Qualified Supplier”, China's first manned rendezvous and docking mission Tiangong-1, 0910 Project Outstanding Contribution Award, “Excellent Supplier” and “Yun20 Project Excellent Supplier” metallurgical product physical quality gold cup award, etc. The company won the 2023 Qinghai Provincial Market Quality Credit Rating AAA Enterprise.