Taishan Steel Group in Jinan's Laiwu district is one of China's most competitive bases for 400-series stainless steel production and one of the country's top 500 enterprises.

The company's main products are stainless steel, hot-rolled carbon steel, and general carbon cold-rolled steel.

Its businesses include new materials, high-end equipment, clean energy, international trade, capital operations, logistics and transportation, real estate development, and urban heating.

Taishan Steel Group has a registered capital of 3 billion yuan ($469.6 million) and more than 18,200 staff members. In 2020, the company's sales revenue reached 48.1 billion yuan.

The group is expected to build a national-level steel and hydrogen energy base for high-end equipment, promote the research and development of clean energy and strive to become a leading enterprise in hydrogen energy.