During the 13th Five Year Plan period, the average annual profit was nearly 10 billion yuan, the total environmental protection investment was over 10 billion yuan, the tax payment was 26.9 billion yuan, and the average annual growth rate of ordinary employees' income was 13.5%. China's steel enterprises ranked among the top six in terms of comprehensive competitiveness, and the steel industry achieved remarkable results in the 40th anniversary of reform and opening up. From economic benefits to employee income and social responsibility, these impressive data fully demonstrate the full "gold content" of an enterprise's development. This report comes from Fangda Steel Group.

Fangda Steel Group is one of the strategic planning main business segments of Liaoning Fangda Group Industrial Co., Ltd. (referred to as "Fangda Group"), and is the largest and earliest steel enterprise in Jiangxi. Its subordinate large special steel was one of the "Eighteen Arhat" in the steel industry in 1958. Pingshan Iron and Steel Co., Ltd. was the first molten iron of Jiangxi Iron and Steel Co., Ltd., almost bearing the entire history of Jiangxi Iron and Steel Development. The two enterprises joined Fangda Group in 2009 and 2012 respectively, and both suffered serious losses at the beginning of restructuring and restructuring and faced survival crisis. It took less than a year to turn losses into profits. After that, they ran steadily and quickly, and developed and upgraded.

Resonating with the pulse of the times, actively participating in economic and social development. What has enabled this steel enterprise to stand at the forefront of the times and make "high quality" the distinct theme of development, from "rebirth" and "transformation" to comprehensive "high-quality" development, and to fully, accurately, and comprehensively integrate the new development concept throughout the entire development process and all fields?

I have come to understand the corporate values of Fangda Iron and Steel Group, which are constantly visible everywhere, that 'running a business must be beneficial to the government, beneficial to the enterprise, and beneficial to the employees'.

Three without reduction

Putting people first, driving reform and innovation

Turning the clock back to 2015, faced with an unprecedented "cold winter" in the steel industry at the beginning of the 13th Five Year Plan, and with many companies shutting down and reducing staff, Fang Wei, Chairman of the Board of Directors of Fangda Group, proposed and fulfilled the promise of "three non reductions": not reducing one worker, not reducing one penny of workers' wages, and not reducing one penny of workers' welfare benefits. In the event that steel prices fell below 2000 yuan/ton, we mobilized all staff to successfully implement the "200 yuan reduction in ton material costs" action.

In the bustling production workshop, every employee knows how to keep track of their accounts, with a clear understanding of the necessities of life. They chase after each other to the extreme, capturing every change in the market through procurement and sales, and closely monitoring every clause of the contract; Cost breakdown down to brooms, rags, every screw... Everyone pays attention to the market, everyone pays attention to efficiency, and everyone participates in cost reduction. Picking bones in an egg; treating the enterprise as one's own home; not making temporary money, but making lifelong money. "Fangda Iron and Steel Group has formed its own unique interpretation of refined management.

That year, Fangda Steel Group became a legend in the entire domestic steel industry due to its profit against the trend. The enterprise not only did not reduce one person, but also added new job opportunities to recruit workers from the society, resulting in an increase in employee income and benefits instead of a decrease. The slogan 'Three No Reductions' has become a resounding brand of' people-oriented 'for Fangda Enterprise, igniting the driving force of reform and innovation for Fangda Iron and Steel Group.

Activate the mechanism and motivate employees. In the past five years, "horse racing" has become a major feature of Fangda Enterprise's management. From executives, middle-level cadres to ordinary employees, everyone participates in "horse racing", with indicators on their bodies, regular rankings, and comparisons with their own best level, brother companies, and industry leaders; Compare management, technology, operation, indicators, and effectiveness; Implement a reward and punishment mechanism of 'gold in the front, tiger in the back', where rewards win hearts and punishments bring heartache, but 'there are rewards and punishments, rewards outweigh punishments'. All kinds of "horse racing" will benchmark and tap deep into the bone marrow, blood, and cells, and compete with each other within the enterprise.

Enable employees to fully share the fruits of the enterprise. Realize enterprise profit commission rewards; Establish various innovation and efficiency channels, such as the Small Reform and Small Reform, Rationalization Proposal Incentive Award, Management Innovation and Efficiency Incentive Award, Technical Skills Improvement Incentive Award, Science and Technology Tackling Incentive Award, Special Talent Introduction Incentive Award, Academic Education Improvement Incentive Award, Labor Competition Incentive Award, etc., to fully stimulate the enthusiasm of cadres and employees through the principle of "giving until the work is done, without any limit".

At the end of 2020, Fangda Iron and Steel Group learned from the experience of advanced enterprises such as Huawei, implemented a reform of the salary incentive system, put the strugglers first, guided by results, and combined short-term incentives with long-term incentives to motivate all employees to strive for excellence and continue to strive. People are still the core of the new round of reform.

At the annual work conference of Fangda Group held at the beginning of 2021, Fangwei summarized that in the face of the epidemic, the group has implemented the "three no reductions" policy and achieved it through acquisitions, mergers and acquisitions, and mixed ownership reform. Adhere to the "three advantages", and if we encounter natural disasters and difficulties in the future, regardless of whether the enterprise incurs losses or profits, the "three no reductions" should be normalized.

For the other major steel group, 'three not reduced' is a sense of responsibility. And this deeply ingrained people-oriented concept drives Fangda Iron and Steel Group to shift from "manufacturing" to "creation", from quantity to quality, achieving dynamic, efficient, and sustainable development.

Billions invested in ecological priority to turn steel mills into scenic spots

In the spring of March, walking into the factories of various steel enterprises under Fangda Iron and Steel Group, one can see a series of green paintings with lush trees and green grass.

The blast furnace and factory buildings of Fangda Special Steel are nestled among green trees, and the wetland park of nearly 100000 square meters of coking plant is covered with green grass and rippling waves; Jiujiang Iron and Steel is vibrant with red flowers and green trees, and its characteristic attractions blend seamlessly with the "most beautiful coastline" of the Yangtze River; The magnificent greenhouse of Ping'an Iron and Steel's raw material yard and the innovative "high-speed rail" style visiting passage are eye-catching.

Why does the harmonious coexistence of ecological factories and cities lead to a world of difference between the impression of large steel groups and traditional steel enterprises that are "stupid, black, and crude"? Because for the other major steel group, 'environmental protection is the responsibility and lifeline of the enterprise'.

Over 10 billion yuan! This number represents the high standard investment in environmental protection construction by Fangda Iron and Steel Group during the 13th Five Year Plan period, demonstrating the company's high emphasis and courage in environmental protection. We will resolutely implement the opinions and requirements of the national and local governments on promoting the implementation of ultra-low emissions in the steel industry. Fangda Iron and Steel Group will promote the implementation of ultra-low emission transformation, ensure the efficient operation of environmental protection facilities, and continuously improve environmental indicators.

Coming to Fangda Special Steel, its coking plant is a national model unit for greening, and the coking wastewater treatment system has been rated as a national key environmental protection practical technology demonstration project, winning the third prize of China Metallurgical Science and Technology Progress Award. In 2018, Fangda Special Steel built a new water treatment center, which added the function of collecting rainwater and adopted advanced processes such as ultrafiltration and reverse osmosis. The treated water quality reached the standard of direct drinking water, achieving full utilization of water resources and zero discharge of wastewater.

Entering Ping'an Iron and Steel, the raw material greenhouse is an important environmental protection technology renovation project of the company in 2018. The total investment of the project is 170 million yuan, and the total area of the shed in the material yard is 173500 square meters, making it one of the largest single span raw material greenhouses in the country. After the project was put into use, all raw materials were managed in a closed manner, fundamentally solving the problem of dust generated by the open-air stacking of raw materials and fuels in the Anyuan production area.

In 2020, Jiujiang Iron and Steel successfully completed the thermal load test of a 180 square meter sintering flue gas denitrification project, marking the smooth operation of the first sintering flue gas denitrification project in Jiangxi Province. The project achieved ultra clean emissions of SO2 and NOx in sintering flue gas, which is 5 years ahead of the completion date for the ultra-low emission transformation of sintering flue gas denitrification stipulated by the Ministry of Ecology and Environment of China.

On the path of green development, Fangda Iron and Steel Group has been working hard to implement the concept of "green mountains and clear waters are as valuable as mountains of gold and silver" through practical actions, reflecting the responsibility and commitment of a private enterprise to society and benefit future generations. At present, its subsidiary Da Special Steel, Jiujiang Iron and Steel, and Ping'an Iron and Steel have all been rated as national 3A level tourist attractions, and have been awarded multiple honorary titles such as "National Energy Conservation and Emission Reduction Outstanding Contribution Enterprise", "National Air Pollution Reduction Outstanding Contribution Enterprise", and "China's Top Ten Green Energy Pioneer Enterprises".

360 degree welfare sharing development consolidates strong synergy

I am very excited and looking forward to the upcoming sedan. I got married this year and will soon have my own child. I am planning to give this sedan as a gift to my wife. "Employee Wan Shuang happily took a photo with his wife in front of their new car.

This is a scene staged on site during the 2020 National Day holiday when Jiujiang Iron and Steel, a subsidiary of Fangda Iron and Steel Group, spent 550 million yuan to distribute 4116 cars to its employees. For Wan Shuang, Fang Da not only gave him material rewards, but also trained him from an apprentice to a national model worker, realizing greater value in life.

This is a vivid epitome of 'Fangda Development relies on employees, Fangda Development serves employees, and Fangda Development achievements are shared by employees'. Fangda Iron and Steel Group regards employees' aspirations for a better life as the company's goal, and spares no effort to improve their happiness index.

——Stable growth in employee income. During the 13th Five Year Plan period, the employee income of Fangda Iron and Steel Group has increased significantly since the restructuring and reorganization, and has achieved an average annual growth rate of 13.54%. Among them, the per capita income of Fangda Special Steel reached 187000 yuan in 2018 (excluding middle and senior management), which is more than six times that of before the restructuring.

——The welfare cake is getting bigger and bigger. A series of welfare policies, including subsidies for mobile and communication phone bills, free work meals, medical assistance, major illness relief, and Fangwei Inspirational Scholarship, benefit every employee and family. As long as the established profit target is achieved, employees of Fangda Special Steel and Ping'an Steel will also receive a reward of free distribution of small cars next year.

Medical assistance not only extends to the employees themselves, but also to their spouses, children, and parents. The scope and standards of assistance are the same, and the enterprise provides full assistance for any personal out of pocket expenses reimbursed by the national medical insurance.

Filial Piety to Parents Fund not only allows employees' parents to enjoy the fruits of the company's development, but also provides them with a monthly bonus of 1000 yuan. When it comes to this welfare policy, the parents of employees at Fangda have smiles on their faces.

Medical care, education, elderly care, housing... These are the hotspots of people's livelihood, and comprehensive welfare coverage is guaranteed. According to statistics, since the restructuring and reorganization of various enterprises in Fangda Iron and Steel Group, a total of over 1.2 billion yuan has been invested in various welfare benefits. Fangda employees happily summarized, "Being alone at Fangda provides lifelong security and benefits for the whole family." This strong sense of gain, happiness, and belonging has condensed into a powerful force for the development of the enterprise.

Building the Party as the Soul, Remembering the Party's Grace and Repaying Society

During this year's National People's Congress and Chinese People's Political Consultative Conference, a video and news featuring a National People's Congress representative endorsing rock sugar pomelo sparked heated discussions and received widespread media attention and praise from various sectors of society.

This National People's Congress representative is Wen Fei, an employee of Ping'an Iron and Steel. During the Two Sessions, he brought ice sugar pomelos from Sufang Village, Mashan Town, Xiangdong District, Pingxiang City, a designated assistance village of Ping'an Iron and Steel, which was called the "fruit of wealth" by local villagers.

As a private enterprise with warmth and emotion, Fangda Iron and Steel Group is a "vanguard" in the national poverty alleviation campaign. Over the past 8 years, Fangda Iron and Steel Group has volunteered and made every effort to participate in the battle. Its three steel enterprises, Da Special Steel, Ping'an Iron and Steel, and Jiujiang Iron and Steel, have partnered with six poverty-stricken villages, namely Shikuo Village in Wuyang Town, Ruijin City, Miaobei Village in Xinpi Township, Yudu County, Ganzhou City, Baijiawei Village in Fenggang Township, Shangrao City, Wuzhou Village in Shenquan Township, Lianhua County, Pingxiang City, Sufang Village in Mashan Town, Xiangdong District, Pingxiang City, and Tuandon Village in Shanzhen, Hukou County, Jiujiang City, to implement industrial poverty alleviation and help them completely lift themselves out of poverty.

In May 2019, as all poverty-stricken counties (districts) in Jiangxi Province were lifted out of poverty, three poverty alleviation teams from Fangda Iron and Steel Group set off from the land of Ganpo and traveled thousands of miles to the Loess Plateau, where they met with four other poverty alleviation teams under Fangda Group. More than a hundred children from Jiangxi joined the deep poverty eradication battle without hesitation. In just one and a half years, Fangda Group has achieved tremendous results in industrial poverty alleviation through the model of "leading enterprises+poverty alleviation workshops+cooperatives+farmers", helping Dongxiang Autonomous County in Gansu Province remove the poverty hat and exit the poverty county sequence on November 21, 2020, once again continuing Fangda's speed, efficiency, and sentiment. On February 25, 2021, at the National Poverty Alleviation Summary and Commendation Conference, Fangda Group received the highest praise and recognition from the "National Advanced Collective in Poverty Alleviation".

Fangda Group was born and grew under the sunshine and rain of the national reform and opening-up policy. The development achievements of the enterprise today cannot be separated from the good policies of the Party and the good platform provided by the state. Fangda is an enterprise of the Party and the government. It is under this guiding ideology that Fangda Enterprise always adheres to the responsibility and commitment of "remembering the Party's kindness and repaying society" in its development.

During the 13th Five Year Plan period, Fangda Iron and Steel Group added 3297 new jobs through local recruitment; Since the restructuring and reorganization of the affiliated enterprises (from 2010 to 2020), a total of 36.639 billion yuan in taxes have been paid, which is more than four times that of the ten years before the restructuring; We donated 192 million yuan to society through donations to disaster stricken areas, education assistance, poverty alleviation, and other means. In the fight against the COVID-19 in 2020, Fangda Group donated a total of 300 million yuan, and donated a large number of epidemic prevention materials to areas with serious epidemic in Hubei and areas where its enterprises are located, such as Jiangxi. At the World Humanitarian Day Commemoration and 2020 Ganpo Love Model Conference held in Nanchang, Fangda Group was rated as the "Model Collective of Love Donation for the Prevention and Control of COVID-19 in 2020".

A series of eye-catching data and impressive medals are the solid footprints left by Fangda Iron and Steel Group on the path of high-quality development, which confirms Fangda Group's solemn commitment that "managing enterprises must be beneficial to the government, enterprises, and employees", and records Fangda's original intention and mission of developing party building as the soul.

Comprehensively promoting the culture of party building and adhering to the "three advantages", Fangda Iron and Steel Group will steadily and steadily move forward on the path of high-quality development with its enterprising strength. In the new journey of "14th Five Year Plan" development, it will focus on new goals, undertake new missions, and demonstrate new achievements, helping to depict a new picture of reform and development in Jiangxi in the new era, and striving to write a new chapter in the development of Jiangxi Iron and Steel!