Trade Resources Company News Baosteel Co.,Ltd. New Product Development Work Is in Progress

Baosteel Co.,Ltd. New Product Development Work Is in Progress

.In the first quarter, Baosteel Co.,Ltd. new product development work is in progress, with all the indicators meeting quarterly targets. Among them, new trial unique products' proportion and new trial BEST proportion undergo substantial growth compared with last year, reaching 138% and 126% of quarterly targets respectively, and make contribute to the production and operation.

This year, Baosteel Co.,Ltd. new product development work adheres to market-oriented principle, strengthens production, marketing and research synergies, promotes early intervention, constantly optimizes management processes, opens up urgent need green channel and responds quickly to users' needs; It adheres to technical leadership, carries out system planning of new product research and development, further focuses on key products and key technology areas, clarifies tiered management according to signature, key and general new products three levels. It aims at accelerating Baosteel new product development pace, continuing to meet the needs of users and forming Baosteel product differentiation competitive advantage.

To accelerate R & D results industrialization process, this year, Baosteel Co.,Ltd. improves scientific research industrialization process, builds market and future growth oriented products and technological achievements transformation platform, strengthens system coordination, establishes cross-sectoral collaboration team. It realizes scientific research and engineering simultaneous advancement from the aspects of raising market demand, core technical mastery, property rights layout and project putting into operation.

Baosteel Co.,Ltd. new product development mechanism innovation and process optimization  accelerates new product development and new product market entrance pace. Among 72 product R & D needs arranged in the new round of business planning, 69 has finished research project implementation and begun research and development. 29 has realized first time supply to users. Cold-rolled quenched ductile steel development achieves breakthrough and hot dip QP steel achieves world premiere release; Engineering machinery ultra-high-strength steel BS960 finished product rate is raised and achieves batch supply; It successfully developes dual million UHV transformer oriented silicon steel and product performance reaches user requirements. In addition, focusing on functional coating products, cold-rolled products advance steadily and cold-rolled products value-addedness increases. In the first quarter, new products play an important role in Baosteel Co.,Ltd. operating performance enhancement.

Source: http://www.baosteel.com/group_en/contents/2863/41822.html
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Baosteel Co., Ltd. New Products Gain Development Momentum
Topics: Metallurgy