Hebei Yongyang Special Steel Group Co., Ltd

　　Industrial restructuring, retirement relocation and equipment upgrading projects

　　Hebei Provincial Development and Reform Commission Approval Announcement

　　The industrial restructuring, urban relocation and equipment upgrading projects of Hebei Yongyang Special Steel Group Co., Ltd. conform to the national industrial policy and layout plan, and have been filed with the Hebei Development and Reform Commission on March 26, 2015 (JFGYBZ [2015] No. 16).

　　1. Project overview

　　Hebei Yongyang Special Steel Group Co., Ltd. integrates Handan Zishan Special Steel Group Jianfa High Strength Standard Parts Materials Co., Ltd., Handan Zishan Special Steel Group Co., Ltd., Wu'an Yunfeng Metallurgical Industry Co., Ltd., etc., and implements the project of industrial restructuring, retirement, relocation and equipment upgrading of Hebei Yongyang Special Steel Group Co., Ltd. on the premise of reduction.

　　The proposed construction contents include: 2 × 180m2 sintering machine, 2 × 1260m3 blast furnace, 2 × 120t converter, 4 hot rolling production lines and other main facilities, as well as corresponding supporting public and auxiliary facilities such as raw material yard, lime kiln, gas power station, oxygen generation station, air compression station, water supply and drainage, power supply and distribution.

　　2. Project investment and capital source

　　The total investment of the project is 7.996 billion yuan, including 7.517 billion yuan of fixed asset investment and 199 million yuan of initial working capital. The funds needed for the project are raised by the enterprise itself and financed by bank loans.

　　3. Project construction site

　　The project is located in the south of Louli Village, Yonghehui Town, Yongnian County, covering an area of 1426.65 mu.

　　4. Construction period: May 2015 December 2017