Mission Statement, Vision, & Core Values (2026) of Bengang Steel Plates Co., Ltd.

Bengang Steel Plates Co., Ltd., founded in 1997 and listed on the Shenzhen Stock Exchange as 000761, stands as the high-quality plate arm of Benxi Iron and Steel Group, producing hot-rolled plates, cold-rolled sheets and galvanized sheets for automotive, shipbuilding and infrastructure clients while employing approximately 13,132 people in Benxi, Liaoning; driven by a mission to 'use the iron and steel strength to support a happy life', a vision to be 'an outstanding value creator and happiness maker', and core values emphasizing people oriented, people unity, constant improving and striving for stronger as it pursues green and intelligent manufacturing to boost competitiveness and customer value

Bengang Steel Plates Co., Ltd. (200761.SZ) - Intro

• Founded: 1997
• Headquarters: Benxi, Liaoning Province, China
• Employees: ~13,132
• Parent: Benxi Iron and Steel Group Co., Ltd.
• Stock exchange: Shenzhen Stock Exchange - 000761
• Core products: hot-rolled plates, cold-rolled sheets, galvanized sheets

• Deliver superior steel plate solutions that enable customers' technical advancement and operational reliability.
• Commit to manufacturing excellence through continuous process improvement, product quality assurance, and customer-centric service.
• Balance growth with responsibility: achieve economic returns while protecting the environment and supporting local communities.

• Be recognized as a technology-driven, sustainable leader in steel plate manufacturing both domestically and in selected global markets.
• Drive transformation toward intelligent, green production lines to raise value-added output and long-term competitiveness.
• Expand partnerships across automotive, shipbuilding and infrastructure ecosystems to co-develop next-generation steel solutions.

• Quality First - uncompromising standards across materials, processes and delivery.
• Innovation - invest in R&D, digitalization and process automation to sustain technological leadership.
• Integrity - transparent governance, compliance with regulatory standards and ethical business conduct.
• Safety & Environment - prioritize worker safety and reduce emissions, waste and energy intensity.
• Customer Partnership - tailor solutions, shorten lead times and maintain responsive after-sales support.

• Green transition: progressive upgrades to energy-efficient furnaces, waste-heat recovery and emissions control to lower per-ton carbon and pollutant intensity.
• Digitalization: deployment of production-line automation, process monitoring and predictive maintenance to improve yield and reduce downtime.
• Resource efficiency: initiatives to increase scrap utilization, optimize raw material flows and reduce water consumption per ton of steel.

• Enhance product mix toward higher-value, application-specific plates (automotive AHSS/ UHSS grades, naval and offshore steels, coated and precision-rolled sheets).
• Strengthen supply-chain resilience via diversified sourcing, longer-term contracts and logistics optimization.
• Grow through technology partnerships and targeted capital spending that upgrade capacity while lowering unit costs and environmental footprint.

• Listed status (000761.SZ) provides access to equity markets for capex and transformation investments.
• Market-facing strategy focuses on capturing demand from automotive lightweighting and infrastructure renewal programs, which require higher-grade plates and consistent quality.
• For deeper investor-focused context, see: Exploring Bengang Steel Plates Co., Ltd. Investor Profile: Who's Buying and Why?

Bengang Steel Plates Co., Ltd. (200761.SZ) - Overview

Bengang Steel Plates Co., Ltd. aims to 'use the iron and steel strength to support a happy life.' This mission captures the company's commitment to producing high-quality plate products that underpin infrastructure, durable goods, and improved living standards. The explicit focus on 'iron and steel strength' signals an investment in industrial capability, technological upgrade, and reliable supply chains; 'support a happy life' signals downstream social and customer-centric outcomes, from safer buildings to longer-lasting manufactured goods.

• Mission durability: The mission has remained consistent over years, reinforcing a long-term commitment to product quality and customer satisfaction.
• Strategic alignment: The mission drives the company's push to build an internationally competitive, high-quality plate base-covering R&D, process optimization, and export expansion.

Vision

Bengang Steel Plates envisions becoming a leading global plate-base enterprise recognized for quality, sustainability, and technological leadership. The vision centers on three pillars: high-end products (heavy plate grades, shipbuilding, oil & gas, pressure vessels), greener production (energy efficiency and emissions reduction), and global market penetration (export growth and international partnerships).

• High-end positioning: Expand production of specialized plate grades for marine, energy, and petrochemical sectors.
• Green transformation: Reduce energy intensity and emissions through equipment upgrades and process optimization.
• Global reach: Increase export share and OEM partnerships to diversify end markets.

Core Values

• Quality First - rigorous process controls and material testing to ensure product reliability.
• Customer-Centricity - tailor solutions to client technical requirements and lifecycle needs.
• Innovation - continuous R&D investment to develop new grades, surface treatments, and fabrication methods.
• Safety & Responsibility - prioritize employee safety and environmental stewardship across operations.
• Integrity - transparent governance, compliance with regulatory standards, and accountable investor communication.

Key Mission-Related Metrics

The table below summarizes principal operational and financial metrics that illustrate how the mission and vision translate into measurable performance.

How Mission Drives Strategy and Capital Allocation

• Capital spending - prioritized on mill modernization, quality inspection systems, and low-emission furnaces to uphold 'iron and steel strength' while reducing environmental footprint.
• Product mix - shifting toward higher-margin, higher-specification plate grades to align with the goal of a globally competitive plate base.
• Partnerships - strategic alliances with OEMs and international distributors to translate manufacturing strength into improved living standards worldwide.

For investors and readers seeking deeper investor-focused context and shareholder activity, see: Exploring Bengang Steel Plates Co., Ltd. Investor Profile: Who's Buying and Why?

Bengang Steel Plates Co., Ltd. (200761.SZ) Mission Statement

• Value creation: prioritize high-margin, high-quality plate products and upstream‑to‑downstream integration to capture more economic surplus.
• Happiness maker: focus on customer satisfaction, employee wellbeing, and community impact through safe operations and shared growth.
• High‑quality production base: continuous investments in process optimization, digitalization, and environmental controls to maintain competitive advantage.

• Product & technology: accelerate R&D on high‑strength, low‑alloy and specialty plates for energy, shipbuilding, and heavy equipment sectors.
• Operational excellence: adopt smart manufacturing, yield improvement programs, and carbon‑reduction measures to raise unit profitability and ESG performance.
• Market positioning: deepen relationships with key OEMs and steel distributors to increase recurring contract share and downstream value capture.

• Quality-first manufacturing: ISO/industry certifications, six‑sigma projects, and customer co‑development programs to raise product value.
• Customer experience: long‑term supply agreements, technical support teams, and after‑sales services to increase customer lifetime value.
• Employee wellbeing: safety targets, training upskilling plans, and incentive schemes to nurture satisfaction and retention.
• Community & ESG programs: local employment, pollution control investments, and disclosure transparency to enhance stakeholder happiness.

Bengang Steel Plates Co., Ltd. (200761.SZ) - Vision Statement

• People oriented - respect, invest in, and develop employees and customers to drive mutual success.
• People unity - foster cross-functional teamwork and open collaboration across manufacturing, R&D, sales, and supply chain.
• Constant improving - implement lean processes, digitalization, and R&D investments to lift quality and efficiency continuously.
• Striving for stronger - scale advanced capabilities, expand higher-value product mix, and strengthen financial resilience and market position.

• Elevate product mix toward higher-margin, specialty and high-strength plates for energy, shipbuilding, and pressure equipment.
• Accelerate digitalization and automation to improve yield, reduce lead times, and lower unit costs.
• Strengthen talent programs - training, safety, and performance incentives - aligned with 'people oriented' and 'people unity.'
• Advance sustainability initiatives to meet regulatory and customer expectations while reducing production footprint.

• Employee development: structured training hours per year, internal mobility, and leadership pipelines to retain skilled staff.
• Cross-functional collaboration: integrated KPI frameworks linking R&D, production and sales to customer satisfaction and margin targets.
• Continuous improvement programs: regular kaizen cycles, Six Sigma projects, and measurable productivity KPIs (OEE, scrap reduction).
• Competitive strengthening: strategic partnerships, selective M&A and focused CAPEX to secure feedstock and enhance downstream capabilities.