OREANDA-NEWS. July 27, 2011. Baosteel held "a new era of steel" - 2010 Baosteel Group Social Responsibility Report Issuing Conference and Baosteel Building System Integration Co., Ltd. inauguration ceremony in Pudong, Shanghai. Baosteel Group Corporation general manager He Wenbo, China Construction Metal Structure Association chair Yao Bing, SASAC Research Council director Wu Zhe, the UN Global Compact Association China Network Center director, Chen Ying attended the ceremony and inaugurated  for Baosteel  Building System Integration Co., Ltd., reported the press-centre of Baosteel.

A child's solo "saffron" kicked off the ceremony. Synchronized video featuring Baosteel aid to Tibet showed Tibet Zhongba province's rapid development and its urban and rural areas' improvement during these 10 years , which impressed the guests very much.

On the ceremony, Baosteel announced its 2010 Social Responsibility Report. The Report describes Baosteel's latest corporate social responsibility practice in 2010 from the three basic options (value creation, integrity management, environmental protection) and the three priority options (employee, community, supply chain). It fully discloses Baosteel's vision in the new round of planning : to become a leader in steel technology, a  driver of the green industry, a model of jointly development between employees and the enterprise and the three changes and five capacities which are needed for achieving this vision. 2010 was the Expo year, as the World Expo global partner Baosteel contributed to Expo in the steel supply, transport information system management, catering and dispatching Party workers and volunteers. To this end, the report sets the Expo section in particular. The video "new era of steel" demonstrates  Baosteel's  work and activities in fulfilling social responsibility in the last year from the aspects of employee, community, supply chain. It reflects Baosteel's concept of humanity, social harmony and green environment and Baosteel's awareness and practice of social responsibility.

Chen Ying gave a high evaluation when commenting Baosteel 2010 Social Responsibility Report. She said that Baosteel upheld the core values of "integrity, synergy", actively promoted the structural adjustment, made efforts in changing business development mode, enhanced the enterprise competitiveness with technology innovation, environmental protection, information technology as the key and vigorously strengthened  communication and cooperation with supply chain enterprises and customers. "Baosteel spreads the concept of corporate responsibility to the whole industrial chain, influences and promotes a large number of related enterprises, gives full play of the role of industry leader and sets an example for the Chinese iron and steel enterprises to achieve sustained healthy development in the new situation. I hope that Baosteel will achieve new and greater progress in the field of social responsibility,  lead the Chinese steel industry in successful restructuring and upgrading and contribute to China and the world economy's sustainable development."

In his speech He Wenbo thanked the long-term support for Baosteel from customers, suppliers, the general people, government departments and news media. "Baosteel has always regarded value creation, integrity-based management and environmental protection as the basis, regarded the employees, communities and supply chain as the priority options and fulfills their social responsibilities. Baosteel chooses "environmental management", sustainable development and harmony with the nature and society. In future, Baosteel will be guided by scientific development concept, and, with promoting industrial restructuring, changing the mode of development, leading the development of the industry as a foothold, will realize the development pattern change from steel to material, from manufacturing to service and from China to the global. In the new era of steel, Baosteel is willing to share with all cooperation partners the progress results and pay back to shareholders and the community in a responsible manner and with excellent performance ."

150 people including customer, supplier, employee and community representatives, central and local  news media, Baosteel relevant unit and department chiefs attended the ceremony.