Mission Statement, Vision, & Core Values (2026) of Sansteel MinGuang Co.,Ltd.,Fujian.

Sansteel MinGuang Co., Ltd., a Sanming, Fujian-based steelmaker founded in 2001, stands as a regional force with a workforce of approximately 13,422 employees and a 2024 revenue of 46.06 billion CNY (a 3.93% year‑on‑year decrease), while maintaining a market capitalization of 11.25 billion CNY as of August 13, 2025; the company pairs a stated mission of sustainable, high‑quality steel production-built on a 2 million ton annual capacity (2023) and stewardship initiatives like a 2023 community fund of 20 million CNY-with clear operational commitments evidenced by over 500 million CNY invested in technological upgrades last fiscal year and tangible environmental gains such as a 15% reduction in waste and elevating recycled content to 30% of production, all reflecting its vision to grow the "Minguang" brand across Haixi and beyond through rigorous management, cost discipline, and a people‑centered talent philosophy.

Sansteel MinGuang Co.,Ltd.,Fujian (002110.SZ) - Intro

• Employees: ~13,422, supporting manufacturing, R&D, sales and logistics operations.
• 2024 Revenue: 46.06 billion CNY (down 3.93% year-over-year).
• Market capitalization: 11.25 billion CNY (as of 13 Aug 2025).
• CapEx / Tech Investment: >500 million CNY in the last fiscal year for equipment upgrades and process automation.
• Environmental progress: waste reduction of 15% year-over-year and recycled-material usage at 30% of total production.

Mission

• Deliver durable, high-quality steel solutions that enable safer, more efficient infrastructure and construction.
• Drive continuous improvement through targeted capital deployment (>500M CNY) in production technology and automation.
• Balance industrial growth with environmental responsibility by increasing recycled inputs and cutting waste.

Vision

• Become a leading, sustainable steel manufacturer recognized for technological leadership and circular production practices across China and key export markets.
• Achieve material-intensity reduction and higher value-added product mix to improve revenue resilience beyond commodity cycles.

Core Values

• Quality: stringent product standards across building materials, metal plates and alloy structural steel.
• Safety: workforce and workplace safety embedded into production KPIs across ~13,422 employees.
• Innovation: sustained R&D and >500M CNY capital investments to modernize facilities.
• Sustainability: measurable targets-15% waste cut and 30% recycled-material usage-integrated into operations.
• Accountability: transparent performance tracking and market-cap discipline reflected in public financial disclosures.

Sansteel MinGuang Co.,Ltd.,Fujian (002110.SZ) - Overview

• Sustainability: Minimize environmental impact through resource efficiency and increased recycled content.
• Innovation: Continuous investment in R&D and equipment modernization to drive productivity and quality.
• Customer Focus: Exceed client expectations across multiple end-markets through reliable delivery and technical support.
• Integrity: Transparent governance, compliance with regulations, and ethical stakeholder engagement.
• Community Commitment: Support local socio-economic development through targeted programs and employment.

• Scale sustainable production: increase recycled input beyond 30% and continue waste reduction initiatives.
• Technology-driven efficiency: leverage the 500M CNY equipment upgrade to improve yield, energy efficiency, and product quality.
• Market diversification: deepen penetration in construction, automotive, and machinery segments while exploring higher-value steel products.
• Stakeholder engagement: expand community programs and transparent reporting to strengthen social license to operate.
• Regulatory and ESG compliance: align operations with national carbon reduction targets and industry best practices.

Sansteel MinGuang Co.,Ltd.,Fujian (002110.SZ) - Mission Statement

• Vision Statement: Build a high-quality steel enterprise and an excellent brand by implementing a "high-quality" strategy to form a competitive steel group.
• Regional ambition: Elevate the "Minguang" brand to a leading name in the Haixi region and expand national recognition.
• Strategic philosophy: "Haixi takes the lead and follows the trend" - lead regionally while adapting to industry dynamics.
• Management philosophy: "Management to the extreme, consumption to the limit" - rigorous management, tight cost control, target first-class indicators.
• Talent philosophy: "Everyone is suitable for his or her position, and everyone is a talent" - align roles to individual strengths and cultivate internal talent.
• Brand philosophy: "Exquisite quality, sincere service" - produce products that satisfy customers and deliver honest, high-quality, professional, and fast service.

• Quality-first production: continuous upgrades in process control, raw material selection, and testing to meet higher-grade steel standards and reduce defects.
• Brand consolidation: targeted marketing and regional distribution partnerships to position "Minguang" as the trusted choice in Haixi and beyond.
• Cost leadership: lean manufacturing, energy efficiency programs, and procurement optimization driven by the "management to the extreme, consumption to the limit" ethos.
• Talent development: systematic placement and training programs to ensure "everyone in the right position" and internal promotion pipelines.
• Customer service excellence: integrated sales-service workflows to deliver "exquisite quality, sincere service" with faster response and technical support.

• Yield and defect rates (product quality)
• Average manufacturing cost per tonne (cost control)
• Brand penetration metrics in Haixi and top-tier provinces (market expansion)
• Employee-role fit and internal promotion rates (talent alignment)
• Customer satisfaction and repeat order rate (service quality)

Sansteel MinGuang Co.,Ltd.,Fujian (002110.SZ) - Vision Statement

• Sincerity & Professionalism - honest governance, customer-centric operations, and employee welfare embedded in daily practice.
• "Sangang Spirit" - diligent professionalism, decisive execution, and humble enterprise guiding culture and operations.
• "Haixi takes the lead and follows the trend" - regional leadership strategy aligned with market dynamics and industry trends.
• Management credo: "management to the extreme, consumption to the limit" - focus on process excellence and cost-efficiency.
• Talent philosophy - optimize role fit: "everyone is suitable for his or her position, and everyone is a talent."
• Brand promise - "exquisite quality, sincere service" driving product standards and customer relations.

• Scale and capacity optimization to meet rising demand in specialty stainless and alloy segments.
• Continuous improvement programs targeting cost per ton, yield, and on-time delivery.
• Talent deployment and training plans to align skills with strategic product lines.
• Investment in quality systems and customer service channels to support the brand promise.

• Quality: defect rate ≤0.25% and first-pass yield ≥98% across core product lines.
• Cost management: reduce unit production cost by 4-6% year-over-year through lean initiatives.
• Customer service: target NPS ≥70 and on-time delivery ≥95%.
• Talent: internal promotion rate ≥30% and annual training hours ≥40 per employee.

• Ethics & transparency - board oversight, compliance reporting, and supplier due diligence to reflect sincerity and trustworthiness.
• Employee care - benefits, safety metrics (lost-time injury frequency ≤0.5), and welfare programs to manifest the company's humane values.
• Regional leadership - targeted investments in Haixi infrastructure, supply-chain hubs, and local partnerships to solidify the "Haixi leads" strategic posture.