Jiugang was founded in 1958, which was one of the key construction projects during the first five-year plan period. At present, a complete supporting steel industry production system has been formed from "mining, selecting and burning" to "iron, steel and materials", with the steel industry as the main body, integrating thermal power generation, machinery manufacturing, electrical appliance maintenance, welding materials, steel structure production, refractory chemicals, cement building materials, industrial and civil buildings, regional logistics, real estate development, high-tech planting and breeding, wine brewing, catering trade, and so on. Since 1985, it has entered the ranks of the top 500 industrial enterprises in China. In June 2000, the stock of "Red Star of Jiuquan Iron and Steel Co., Ltd." was listed and traded, and the share-trading reform was completed in 2006. 200 1 passed the certification of ISO 1400 1 environmental management system, and was identified as one of the 306 "national industrial and agricultural tourism demonstration sites" by the National Tourism Administration in 2004. In particular, through the substantial adjustment of product structure and rapid development and construction during the Ninth Five-Year Plan and the Tenth Five-Year Plan, Jiayuguan Headquarters, Lanzhou Yuzhong and Shanxi Yicheng have been formed. The comprehensive production capacity of steel and timber of the group company reached 8 million tons, and the level of technology and equipment entered the advanced ranks of the same industry in China, with total assets of 40.9 billion yuan and total employees of 38,000. There are more than 50 subordinate secondary units, including 22 branches and subsidiaries. Marketing entities are located in Jiayuguan, Lanzhou, Xi, Yinchuan, Urumqi, Taiyuan, Zhengzhou, Tianjin, Chengdu, Shanghai, Wuxi, Foshan and other cities. In order to make full use of foreign resources, we have subsidiaries in South Africa and Mongolia.
The "Tieshan Spirit" formed in the 50-year development and construction of JISCO is listed as one of the six enterprise spirits established and popularized in the national metallurgical system. It has successively won the National May 1st Labor Medal, the National Advanced Enterprise of Quality Management, the National Enterprise of Valuing Contracts and Keeping Credits, the National Excellent Enterprise of Equipment Management, the National Excellent Enterprise of Ideological and Political Work, the National Advanced Grassroots Party Organization, the National Advanced Unit of Spiritual Civilization Construction, the National Civilized Unit, the National Model Unit of Greening, the National Model Unit of National Unity and Progress, the National Advanced Unit of Mass Sports Work and the National Advanced Unit of Legal Publicity and Education. National advanced unit for aging work, national harmonious enterprise for model workers, demonstration unit for honest enterprises in Gansu Province, advanced unit for energy saving and consumption reduction in Gansu Province, outstanding enterprise for industrial development in Gansu Province, outstanding enterprise for maintaining and increasing the value of state-owned capital in Gansu Province, and advanced unit for social assistance in Gansu Province. It has the qualification of "National Enterprise Technology Center" approved by the Ministry of Science and Technology and the National Development and Reform Commission. In 2006, the revenue scale of the group company ranked177th among the top 500 Chinese enterprises and 89th among the top 500 manufacturing enterprises in China.