Benxi Iron and Steel (Group) Co., Ltd. was established in 1905, located in Benxi City, Liaoning Province, 63 kilometers away from Shenyang, the provincial capital. At present, the total assets are 46.86 billion yuan and the net assets are 22.2 billion yuan. There are 6 1897 employees on the job. Great changes have taken place in Benxi Iron and Steel Co., Ltd. in the past 30 years of reform and opening up, especially during the decade from the 15th National Congress to the 17th National Congress. It has achieved great-leap-forward development and become a state-owned super-large steel joint enterprise integrating mining, mineral processing, sintering, coking, ironmaking, steelmaking, steel rolling, electric power, transportation, scientific research, processing and manufacturing and real estate development.