Chen Huokun, chairman of China Steel Structure, said that the current number of projects in hand is 177,000 tons, and the visibility will be at least until the first half of next year.

(Photo by reporter Lin Jinghua)

[Reporter Lin Jinghua/Taipei Report] The Sinosteel (2002) group legal statement was finally made by Sinosteel (2013). The steel structure currently has 177,000 tons of projects in hand, and the visibility will be at least until the first half of next year.

Zhang Xiuqi, general manager of China Steel Structure, said that steel structures are mainly used for general factory construction, private buildings, public works, and wind power generation structures. Steel belongs to the downstream industry. Recently, due to drastic changes in the international situation, steel structures have also undergone major changes.

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In the past three years, China Steel Structure has the highest proportion of building steel frames, followed by plant steel frames. In the first three quarters of this year, the proportion of building steel frames reached 43.99%, plant steel frames accounted for 27.94%, and bridge steel frames accounted for 2.59%. The business climate has weakened, and the proportion of steel frames in factories will be corrected next year.

At present, China Steel Structure is building the most buildings, reaching 110,500 tons, 53,500 tons of factory steel structures, and 13,700 tons of bridges and other steel structures, totaling 177,700 tons. Chen Huokun said that the order visibility will be at least until next year. half a year.

Facing the three major headwinds of rising inflation, the Ukrainian-Russian war, and China's blockade, Chen Huokun said that the steel structure industry cannot "stay out of the way". More reconstruction of the steel structure business, etc., to find orders to make up for the gap, so as to ensure that profits do not decline.

Regarding the wind power business, Sinosteel’s orders come from Xingda Haiji, another subsidiary of Sinosteel, which mainly produces underwater foundation steel structure nodes, shear steel keys, internal and external platforms, and ship-to-ship steel pipe platforms. Bin 10 sets of steel pipes, this year to cooperate with Sinosteel's investment in Zhongneng Wind Farm, 16 sets of basic components are expected to be delivered by the end of this year. Chen Huokun said that future related business depends on Xingda Haiji's order negotiation status.

Another investor is concerned about Taiwan Photomask (2338)'s big purchase of China Steel Structure. Chen Huokun also said that Photomask holds nearly 20% of the shares and is the major shareholder of China Steel Structure. Changes in the economy have been delayed, and no material has been ordered from China Steel Structure at present.

The mask also hopes to help Sinosteel introduce automation and improve production efficiency such as laser processing. Chen Huokun explained that the main purpose is to use the new laser welding method to automate the steel structure industry, but neither laser welding nor automation is Sinosteel. Construct specialization.

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