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Managing Director,

Shougang Concord Century Holdings Limited

Yang Kaiyu, Standing Director of CRIA


Shougang Concord Century Holdings Limited was founded in Hong Kong in 1984, and it was listed on the main board of the Stock Exchange of Hong Kong in April 1992 with the stock code of 103. Main shareholders include Shougang Holding (Hong Kong) Ltd. and its main holding companies, NV Bekaert SA and Li Ka Shing Foundation Co., Ltd.

 

Shougang Concord Century Holdings Limited has for years been focusing on developing and expanding business in the field of metalware, gradually bringing into shape a business framework composed of three parts -- radial tire steel cord, sale, manufacturing and trade of copper and brass materials, as well as steel wire incision with solar power. Steel cord used for radial tires is the company’s core business with the longest history of development. It not only keeps leading the market but also makes “Eastern” one of the most reliable steel cord brands among clients both at home and abroad. At present, there are two production bases in mainland China with an annual capacity of 200,000 tons, 80,000 of which for Jiaxing Eastern Steel Cord Co., Ltd. and 120,000 for Tengzhou Eastern Steel Cord Co., Ltd.

 

In 1994, Jiaxing Eastern Steel Cord Co., Ltd. was founded. Before the steel cord market entered a stage of high-speed development, Jiaxing Eastern Steel Cord Co., Ltd. had already brought in advanced manufacturing facilities and crafts from abroad while creating a unique production and management model by means of localized improvement. Moreover, a sound talent training mechanism has enabled Jiaxing Eastern Steel Cord Co., Ltd. to build a production team that is both extraordinarily skillful and rich in experience by virtue of ten-plus years’ accumulation.

 

In 2008, Tengzhou Eastern Steel Cord Co., Ltd. came into being. It was founded when the steel cord market entered the high-speed development period, for the sake of the crucial strategic layout devised by Shougang Concord Century Holdings Limited in order to promote the steel cord production capacity and to fight for more market shares. Relying on Jiaxing Eastern Steel Cord Co., Ltd., it had a professional team with mature experience in production within a short period of time of three years while bringing in a batch of quality external talents and technological resources.

 

Both Jiaxing Eastern Steel Cord Co., Ltd. and Tengzhou Eastern Steel Cord Co., Ltd. have already obtained ISO/ TS 16949: 2009 Quality Management System Certification. Combining essential characteristics of steel cord, both of them have formulated complete, rigor and effective quality assurance systems of their own. Under the guidance of the client-oriented innovative philosophy and by means of customization of product parameters, cooperation with clients in developing new product specification as well as efficient feedback mechanism for clients’ problems, “Eastern” Steel Cord has established stable cooperative partnership with a number of nationally and globally known tire companies. Main clients include international producers like Bridgestone, Goodyear and Giti, and nationally known tire companies like Zhongce Rubber Company, The China National Tire & Rubber Co., Ltd., Double Coin Holdings Ltd., and Triangle Group.

 

In the future, the technological professionalization and diversification of products of Shougang Concord Century Holdings Limited will be worked on simultaneously. Staying reliable will become the constant promise of “Eastern” whether when it turns from a professional steel cord manufacturer to a diversified metalware producer or when it goes from “Eastern” steel cord to “Eastern” metalware.

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