China Baowu Steel Group Corporation (hereinafter as “Baowu Group”), established by consolidation and restructuring of former Baosteel Group Corporation and Wuhan Iron & Steel (Group) Corporation, was officially unveiled on December 1, 2016. Baowu Group’s current business involves 4 major sectors:steel and relevant manufacturing sector, steel and relevant service, industry chain finance, real estate and urban new industries. Among which, steel as the main business of Baowu Group covers 3 major series of products: carbon steel, stainless steel and special steel. In 2021, produced 119.0 million tons of crude steel totally, ranking first in China. As the leading listed company in Chinese steel industry, Baosteel Ltd. , becoming the most profitable listed steel company in the world.

Baoshan Iron & Steel Co., Ltd. (hereafter referred to as Baosteel) was founded in Baoshan District, Shanghai in 1977. Being one of the most modern and extra largest iron & steel enterprises in China, Baosteel is the core part of Baosteel group which is one of the Fortune Global 500 companies. Baosteel has set up three quality production bases of Directly Affiliated Production Plants And Departments, Shanghai Meishan Iron & Steel Co.,Ltd. and Baosteel Zhanjiang Iron & Steel Co., Ltd., with its products covering ironmaking, steelmaking, hot rolling, cold rolling, silicon steel, high speed wire rod, seamless tube, welded pipe, etc. By the end of 2021, the capacity of Baosteel will reach 47.87 million metric tons.

Mainly specialized in the production of carbon steel sheet, plate and pipe with high added value and technical content, Baosteel plays a leading role in auto sheet, electrical sheet, tin plate and other fields in China by continuous research and innovation. As the most creditable cooperation associate, Baosteel dedicates itself to establishing a sound marketing network system to provide the clients with the first class products, technologies and services. Through unremitting effort and brand extension, the products of Baosteel sells well in more than 70 countries and regions such as Japan, Korea, Europe, United States, etc.

Howa Trading Co., LTD. (hereafter referred to as Howa Trading), wholly-owned subsidiary of Baoshan Iron & Steel Co.,Ltd, was founded in 26th August 1993, with the registered capital of 876,000,000 Japanese yen. Every year, Howa Trading is ranked as “Japanese High-quality Registered Company” for lawful operation and outstanding performance since its inception.

Howa Trading engages mainly in the sales of steel products, materials and equipment, spare part, raw materials for steel production, steel processing with the sales territories covering Japan, Korea, Australia, New Zealand, Taiwan, other countries and regions. In addition to the headquarters based in Tokyo, offices are also operated in Seoul, Kaohsiung together with Bao Australia Pty Ltd (wholly-owned subsidiary) in Perth and BGM (joint venture coil center) in Korea.

Howa Trading, backed by the strong brand effect of Baowu Group Corporation,makes full use of the agelong first-mover advantage to meet the requirements with the conception of customer' satisfaction. In recent years, Howa keeps performing well with anannual sales of 160 billion Japanese yen, including over 1.4 million tons of steel products and more than 10 billion Japanese yenfor materials and equipment.