MIIT (Ministry of Industry and Information Technology) released the 6th list of championship products in manufacturing sector in China, with TISCO’s ultra-pure ferritic stainless steel being included in the list. It is the first time for the company to win this honor.
The manufacturing champion selection is a dedicated action carried out by the state to implement the strategy of Made in China 2025, with purposes to guide manufacturing enterprises to focus on innovation and quality improvement in subdivided products, cultivate world-class enterprises with global competitiveness, and promote China's manufacturing industry to move toward the middle and high end of the global value chain, and transform the state from a manufacturing power famed with quantity to quality. The key indicators for the selection of championship products require that the products must have a top 3 market share ranks in the world, and world-leading production technology or process.
In recent years, TISCO has been aiming at the downstream market demand, vigorously researching and producing high-end characteristic products, enabling the constant strengthening of its product competitiveness and brand fame. As one of the outstanding representatives, ultra-pure ferritic stainless steel, which is produced with advanced technology and has internationally leading performance, wide market coverage and high brand reputation, adding to its number one global market share, perfectly and fully meets the requirements for championship products selection in manufacturing industry.
China Baowu attached great importance to the application of the championship, and launched a special promotion plan for that reason. Under the guidance of China Baowu Strategic Planning Department, Steel Industry Center and other related departments, TISCO Planning and Development Department, together with the Marketing Center, two-level Finance Departments, Technology Center and other professional departments systematically organized an internal selection and screened out 11 products that then were listed in China Baowu's championship product pool. After thoroughly evaluation and crosschecking, the ultra-pure ferritic stainless steel was finally recommended as the one to compete for champion.
Since the launching of manufacturing champions in 2016, 340 demonstration enterprises and 256 products have been granted the honor, of which only 3 enterprises and 12 products belong to steel category. Among the 118 championship enterprises and 141 championship products in the 6th list, only 1 enterprise and 2 products fell into steel sector. Meanwhile, the ultra-pure ferritic stainless steel was the only one in 6th list and the second one since ever for China Baowu, which fully reflected the strength and level of TISCO’s stainless steel products in the global stainless steel field.
TISCO will continue to follow the dedicated action that aims at cultivating and upgrading championship enterprises (products) in China Baowu, focus on areas of expertise, take the development path of "specialization, specialty, excellence and precision", and form a predominant position in global market and technology in subdivided product areas, so as to enhance the international competitiveness of China's manufacturing industry and lead the global stainless steel industry.