Management of Xinjiang Bayi Iron and Steel Co., Ltd.

After continuous exploration and improvement, Bayi Steel has formed a management model with its own characteristics to meet the needs of modern socialized mass production and market competition. Bayi Iron and Steel implements three levels of management: (group) company, subsidiary and manufacturer. (Group) companies are responsible for decision-making and macro-control, subsidiaries are responsible for managing and creating profits, and manufacturers are responsible for production and completing cost plans, performing their respective duties and cooperating with each other. The company fully implements centralized and consistent management and information management, and has developed and established centralized and unified information office system, human resource management system, fund planning management system, material management system, financial system, sales system and production system, all of which are networked, which can realize remote control and leadership of mobile office in different places, greatly improving management efficiency and level. While strengthening management, Bayi Steel successfully completed the reform of labor and employment system, cadre and personnel system and income distribution system. Since 2002, after summing up and refining, Bayi Steel has also built its own corporate culture concept system, which has played a positive role in promoting the management level of enterprises through vigorous publicity. At present, in order to meet the needs of enterprise development, Bayi Steel is actively promoting the reorganization of main and auxiliary industries. Schools and hospitals are handed over to the government, and auxiliary units are separated from Bayi Steel, independent and responsible for their own profits and losses.