News 1:Seven production and operation indicators reached a record high in 2018: the iron output reached 1.13 million tons; the steel output reached 1.62 million tons; the output and the sales volume of the steel tube reached 1.46 million tons and 1.41 million tons respectively; the sales revenue of the main business surpassed 10 billion RMB; both the sales volume and the profit of the high-efficiency products hit an all-time high.
News 2: In 2018, the anti-collapse and anti-corrosion 110TS casing and high-strength and high-roughness 125/140 casing were used in oil and gas fields in large volumes, indicating a breakthrough in structural adjustment.
News 3: On February 14, 2018, Industrial Technology Exhibition Hall of HYST officially opened after 100 days of construction.
News 4: On February 27, 2018, HYST launched the management informationization project “Smart HYST”. On December 31, 2018, the switch of all functions from the old system to the new system was completed, and the system of “Smart HYST” featuring smart management, intelligent manufacturing and agile service preliminarily takes shape.
News 5: HYST worked with Hunan University to organize 65 key managerial personnel to participate in EDP training. 553 sessions of various types of training were held the whole year, and training work achieved notable results.
News 6: On July 4, 2018, HYST celebrated the 6oth anniversary of foundation. Ling Zhongqiu, General Manager of HYST put forward the idea of striving to build HYST into a pioneering, leading, smart and efficient, beautiful and prosperous enterprise at the celebration conference.
News 7: “Pilot Demonstration Project of 180 PQF Smart Factory of Seamless Steel Tube”, HYST applied to Ministry of Industry and Information Technology of China, passed the project assessment. This is the one and only national pilot demonstration project that passed assessment in the industry of steel tube.
News 8: On September 28, 2018, the sub-forum “Intelligent Manufacturing and Green Development of Steel Tube & Pipe” of Hengyang Economic Development Forum was held in HYST. Nearly 300 guests including an academician and relevant experts attended the forum.
News9: Yin Shiqing, the company’s deputy party secretary，secretary of the discipline inspection committee of HYSTand chairman of the labor union, attended the 17th national congress of the trade union of China held in Beijing on October 22-26, 2018.
News 10: On December 27, 2018, the company held the sixteenth session of the third congress of employee representatives. The congress report released that the company'sper capita income of the year of 2018 surpassed 90 thousand RMB, registering a year-on-year growth rate of 21%.
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