Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  SHANGHAI STOCK EXCHANGE  >  Baoshan Iron & Steel Co Ltd    600019   CNE0000015R4

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

Baoshan Iron & Steel Co., Ltd. : The Third Baosteel 'Patent Innovation Award' Get Announced

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/09/2012 | 09:07pm EDT

Recently, The third baosteel 'Patent Invention Award' is announced. There are 8 patents awarded 'Invention Award' among them, 'A rolling process and special equipment for seamless tube'  invented by Yantai Lubao of Steel pipe business unit is awarded the top price. There are 9 pieces of patents awarded 'Practical New Award'.

For commending inventor 's contribution to production and operation of Baosteel, further encourage positivity of employee to carry out technology innovation, build up good creative environment, continuous upgrade the capacity of innovation, Baosteel on 4th of April, the intellectual property day, adhere the principle of 'Good innovation construction, Good application effect, Good promotion effect', carry out the 3rd 'Patent Innovation Award' evaluation. This year, the there are 'Invention Award' and 'Application New Award' set under the 'Patent Innovation Award'.

This Evaluation is warmly welcomed and actively responsed by different company of Baosteel. Totally received 28 patents from 15 different company, among them, 12 patents declared 'Invention Award', 16 patents declared 'Application New Award'. After judgement by specialist, review by specialist meeting,and final evaluation.There are one patent awarded the top price, two awarded the second price and five awarded the third price. Nine patents awarded 'Practical New Award'.

The project awarded the top price is 'A rolling process and special equipment for seamless pipe'. According to issues such as inner screw, straight channel scape and others of ACCU-ROLL machine, they invented a brandy new rolling process for seamless pipe and rolling expansion machine and leveler. Achieve optimize integration of ACCU-ROLL and rotating rolling expansion pipe. After application of that patent, the production amount increased 63%, accumulate achieve profit of 660 million, generate 12 patents. 'Solid solution strengthening of same level steel and its product method' awarded the second price of 'Invention Prize', which rational control the process such as hot rolling, cold rolling and annealing, product varieties same level steel, shape unique production of Baosteel, and its character is better than other same level steel imported. Accumulative achieve 550 thousand profit. 'A high-tensile steel plate for static enamel and its product method' awarded the second prize of 'Invent Award' through researching forming property and strengthening mechanism of enamel steel, develop varieties of tensile hot rolling high-tensile enamel steel. And it adopt technology of PH nitrogen blowing so as to save the production cost, accumulative achieve added profit of 9.5 million yuan.




distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on BAOSHAN IRON & STEEL CO LT
03/21 BAOSHAN IRON & STEEL : Steel Gains High-strength Magnetic Yoke Steel Tech
03/07 BAOSHAN IRON & STEEL : Updates of the 337 Investigation on China 's Carbon & All..
03/07 BAOSHAN IRON & STEEL : Baosteel Co., Ltd. Resumed to be Listed,The World Super S..
03/02 BAOSHAN IRON & STEEL : Primetals Technologies to modernize continuous slab caste..
02/26 BAOSHAN IRON & STEEL : Total transaction of Recycle Treasure of Bsteel.com.cn ex..
02/26 BAOSHAN IRON & STEEL : Wang Jun from Baosteel Ltd. Awarded the Second Prize of N..
01/20 BAOSHAN IRON & STEEL : China Baowu 2016 Gained CNY7.02bn Operating Profits
01/17 BAOSHAN IRON & STEEL : Steel Predicts 2016 Net Soar 770%
2016 BAOSHAN IRON & STEEL : China Baowu “Steel Aircraft Carrier” Official..
2016 BAOSHAN IRON & STEEL : Baowu group hold the briefing external board of directors
More news
Sector news : Iron, Steel Mills & Foundries
04:42a FOSUN INTERNATIONAL : China's Fosun CEO steps down, reshuffle to impact conglome..
03/28 Aviva eyes sale of Friends Provident for $500-$700 million - source
03/27DJTHYSSENKRUPP : Hunts for Exit From Steel -- WSJ
03/26DJTATA STEEL : Steel Pioneer Thyssenkrupp Is Getting Out of Steel
03/23DJFORTESCUE METALS : to Repay Further US$1 Billion Debt
More sector news : Iron, Steel Mills & Foundries
Advertisement
Financials ( CNY)
Sales 2016 211 704 M
EBIT 2016 12 834 M
Net income 2016 8 600 M
Debt 2016 44 200 M
Yield 2016 3,17%
P/E ratio 2016 13,46
P/E ratio 2017 10,58
EV / Sales 2016 0,89x
EV / Sales 2017 0,53x
Capitalization 143 446 M
More Financials
Chart BAOSHAN IRON & STEEL CO LT
Duration : Period :
Baoshan Iron & Steel Co Lt Technical Analysis Chart | 600019 | CNE0000015R4 | 4-Traders
Full-screen chart
Technical analysis trends BAOSHAN IRON & ST...
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 17
Average target price 8,17  CNY
Spread / Average Target 26%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
De Rong Chen Chairman
Ke Wei Bei Director
Zhi Hao Dai Director
Li Li Independent Director
Jun Sheng Zhu Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
BAOSHAN IRON & STEEL C..2.20%20 816
CHINA STEEL CORPORATIO..--.--%13 366
JFE HOLDINGS, INC.8.83%10 698
JSW STEEL LIMITED10.67%6 761
TERNIUM SA (ADR)9.40%5 297
JIANGSU SHAGANG CO.,LT..--.--%5 162
More Results