Major achievements in the refractory industry reform and development for 40 years：

In the great practice of reform and opening up, China's refractory industry adheres to the development direction of Chinese characteristics, changes concepts, transforms mechanisms, and focuses on independent innovation, promotes the optimization and upgrading of refractory industry structure, and promotes the adjustment and technology of refractory product structure. The independent innovation of R&D has accelerated the upgrading of refractory technology and equipment, enhanced the competitiveness of China's refractory industry in the world's refractory industry, and guaranteed the support of basic materials for the development of China's steel industry and high-temperature industry, providing excellent service.

(1) Reform and opening up has promoted the optimization and upgrading of the refractory industry structure

At the beginning of the reform, China's refractory industry has become a self-contained system, but it is still in a semi-closed state. State-owned enterprises dominate the world, refractory production is unified and purchased, and the whole industry is mainly based on product economic models to produce refractory materials for steel. Mainly, the product is single, the process is rigid, and it presents a decentralized, traditional small production state. The traditional operating mechanism, the lack of vitality of enterprises, the overall productivity level of the industry is relatively low. After the Third Plenary Session of the Eleventh Central Committee, under the guidance of the party's reform and opening up policy, especially the establishment of the socialist market economic system, the industrial structure of China's refractory industry has been continuously optimized and continuously upgraded with the deepening of reform and opening up. Significant changes. Looking back over the past forty years, the optimization and upgrading of the industrial structure of the refractory industry can be roughly divided into three stages.

In the first stage (the 1980s), state-owned refractory enterprises (mainly state-owned commodity factories and secondary enterprises of steel enterprises), which are dominant in China's refractory industrial system, were adapted to the planned commodity economic system. To reform the demand, in order to enhance the vitality of the enterprise and improve economic efficiency under the dual-track system of coexistence of planned economy and commodity economy, on the one hand, continuously improve the economic responsibility system, vigorously promote various forms of contract management; on the other hand, pay close attention to enterprise rectification and improvement Management efficiency, strengthen overall quality management, and establish a sound quality assurance system. The transition from simple production to production production began. The capitalization and tax rate of most enterprises has increased year by year. At the same time, under the guidance of the reform and opening up policy, in the areas with rich refractory raw material resources and the frontier provinces of reform and opening up, many township and village enterprises have used new resources (such as resources) and low labor costs to build (or rebuild) a batch of refractory materials. The factory entered the refractory industry. These township (collective) refractory enterprises, despite poor production processes and equipment, and poor production conditions, have a viable operating mechanism and strong resilience. Their joining is not only a supplement to the industrial production and variety of refractory materials. As a new force, it also breaks the pattern of state-owned enterprises in the world, injecting fresh blood into the industry, introducing a competitive mechanism, increasing vitality and promoting Adjustment of the industrial structure of the refractory industry.

In the second stage (in the 1990s), with the continuous deepening of reform and opening up, in order to adapt to the objective needs of the gradual improvement of the socialist market economic system, the industrial structure optimization and upgrading of China's refractory industry also showed a good momentum of development. In the 1990s, in order to speed up the pace of industrial restructuring, Luoyang Refractory Materials Factory, Deyang Refractory Materials Corporation, Qingdao Refractory Materials Factory, Shanghai Taishan Refractory Materials Company, Taihu Refractory Materials Co., Ltd., and Hong Kong, Taiwan, Germany Foreign companies in Southeast Asia and other countries and regions set up joint ventures to jointly develop new products; Shandong Six Refractory Materials Factory (mine) integrated the formation of Shandong Refractory Raw Materials Company, Shanghai Refractory Material Factory and Shanghai Second Refractory Material Factory merged to form Shanghai Taishan Refractory Materials Co., Ltd., Qinhuangdao Refractory Factory has broken the boundaries of the industry and integrated with the city's float glass company. In order to optimize the organizational structure, the refractory factories of the second-tier units of large steel enterprises such as Anshan Iron and Steel, Taigang, Wuhan Iron and Steel, Daye, Chongqing Iron and Steel, Baotou Steel, Panzhihua Iron and Steel, Benxi Steel, Xiangtan Iron and Steel, Tangshan Iron and Steel, etc. have been stripped from the main body. A refractory company with a relatively independent status in production and operation and a legal person (trust) qualification has been established. In particular, during this period, private refractory enterprises in Henan, Liaoning, Shandong, Shanxi, Jiangsu, Zhejiang and other regions have sprung up. They are following the wave of reforms and grasping business opportunities, according to high-temperature industries, especially The steel industry continues to develop market demand, invest and build factories, introduce advanced technology and equipment, and develop rapidly with flexible operating mechanism and strong strength. The reorganization, integration and rapid development of state-owned enterprises have promoted the optimization and upgrading of the refractory industry structure, and promoted the smooth transition from simple reproduction to expanded reproduction.

In the third stage, since the beginning of the 21st century, especially after China's accession to the WTO, China's refractory industry has actively responded to the challenges of WTO entry, and has seized the opportunity of WTO accession in a timely manner, with rapid growth in the national economy, especially in high-temperature industries such as metallurgy, building materials and nonferrous metals. Driven by the impact of growth, there has been new progress in industrial restructuring. First of all, some refractory companies have carried out strategic integration through strong alliances, mergers and acquisitions, reform and restructuring, and mutual shareholding, and promoted the adjustment, optimization and industrial upgrading of the refractory industry structure. For example, Yingkou Qinghua Group Holdings Shanghai Second Refractory Material Factory established Shanghai Qinghua No. Refractory Material Co., Ltd.; Shanxi Xixiaoping Refractory Co., Ltd. acquired Shanghai Taishan Refractory Co., Ltd. and established Shanghai Xintaishan Refractory Co., Ltd.; Beijing Tongda Refractory Technology Co., Ltd. controlled Henan Gongyi Zhongyuan Refractory Co., Ltd., and introduced strategic investors such as China Zhongcai International Engineering Co., Ltd. and Beijing Enterprises High-Tech Development Co., Ltd., and established Beijing Tongda Refractory Technology Co., Ltd. In order to promote the transformation of the state-owned enterprise management system, Tangshan Shichuang persisted in the reform for 20 years without stopping, bravely broke the pattern of state-owned ownership, introduced foreign investment, allowed natural person shareholders to hold shares, successfully completed the reform of mixed ownership, and made the management quality of enterprises The benefits have improved significantly. Secondly, some of the dominant enterprises took advantage of the trend, and the operation capital listed and financed not only enhanced the development potential of the enterprise, but also promoted the transformation and upgrading of the whole industry. Since August 2006, Ruitai Technology has been listed as the first listed refractory material company in the Shenzhen Stock Exchange. 38 refractory enterprises and association members have entered the capital market, including 17 listed companies on the Shanghai Stock Exchange and Shenzhen Stock Exchange. There are 16 listed companies, 5 on the Hong Kong Stock Exchange and overseas. Fuyang Minai Co., Ltd. implements the resource value integration strategy of the whole industry chain. It has 14 joint venture subsidiaries, 5 holding subsidiaries, 3 branches and 3 shareholding companies, with total assets exceeding 5 billion yuan and sales in 2017. 2.15 billion yuan; Ruitai Technology focused on capital operation after listing, continuously accelerated the pace of restructuring, acquired and established 10 subsidiaries and 1 branch, the main business from the development of single fused cast refractory production covered steel, building materials, colored High-temperature industries such as power, petrochemical, coal chemical industry; Beijing Lear shares fully utilized capital advantages, and invested 10 companies in the form of sole proprietorship or joint venture, and merged and reorganized three wholly-owned subsidiaries to form a synthesis of magnesium raw materials. Magnesium products production, refractory international trade three main business segments, the company's overall operating quality continues to improve; Shandong Luyang shares through the capital platform to promote corporate progress, the introduction of foreign companies to enhance core competitiveness, out of a project-driven, high-end high quality , the road to success across development. More and more listed companies and the emergence of joint reorganization have promoted the upgrading and standard operation of refractory industry management, which not only improved the modernization level of enterprise management in the whole industry, but also optimized the industrial structure and increased the concentration of production in the industry. Promoted the transformation and upgrading of the whole industry. There are also a number of key backbone enterprises, in response to the rapid expansion of China's refractory industry and the extensive economic growth, according to the objective needs of the supply-side structural reform under the new economic normal, while ensuring the stable development of the main refractory industry, combined with its own conditions We will continue to expand new development space, break the pattern of refractory material production, strive to improve "non-competitive", creatively expand the comprehensive utilization of resources, and develop into building materials, chemicals, magnesium alloys, energy conservation, environmental protection, real estate and pension industry. Exploring the new way of economic growth of China's refractory industry, promoting the transformation of China's refractory industry from the inward-oriented outward direction, improving the concentration of refractory industry production and enhancing the overall competitiveness of the refractory industry.