Angang Iron and Steel Project won a special fund for national major industrial technology development
Recently, the General Office of the National Development and Reform Commission issued a "Registration Letter on Major Projects for Major Industrial Technology Development in 2008," approving the inclusion of Angang's "Key Sintering Residue Heat Recovery Technology" into the National High-tech Industry Development Project Plan. As a result, Angang is eligible to receive a state-funded grant of 5 million yuan. This recognition highlights the significance of the technology in promoting energy efficiency and environmental sustainability within the steel industry.
These major industrial technology development projects are part of the broader strategy outlined in the "National High-tech Industry Development Plan" and other related policies. They focus on addressing common technological challenges across industries, aiming to drive innovation and industrial upgrading. For enterprises that meet the criteria, the government provides financial support through grants, which serves as a key policy mechanism to encourage technological advancement and industrial modernization.
Since 2006, Angang has actively embraced the opportunities presented during China’s "Eleventh Five-Year Plan" period, intensifying its efforts in energy conservation and emission reduction. Through a three-step development plan and structural adjustments, the company has been continuously investing in energy-saving and pollution-reduction initiatives for three consecutive years. The total amount of non-repayable funds awarded to Angang reached 98.89 million yuan, significantly contributing to the company’s ongoing efforts to enhance energy efficiency and promote sustainable development. This achievement further supports the vision of building a "first-class steel enterprise with a bright future."
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