Steel Home E-commerce

Shanghai Gangyan E-commerce Co., Ltd. (referred to as "Steel Home E-commerce") was officially registered and established in 2008. It is a large-scale B2B smart service platform for the entire steel industry chain in China, and also one of the leading hundred-billion-level steel e-commerce platforms in the country. Through years of deep industry engagement and smart services, Steel Home E-commerce has gradually developed into a benchmark enterprise in China's industrial internet sector. On December 21, 2015, Steel Home was approved to list on the New Third Board (Securities Code: 835092), and in June 2016, it was included in the innovation layer of the New Third Board. It has ranked among the top in revenue for five consecutive years. The company's headquarters is located in Shanghai, with a registered capital of 1.03 billion yuan. It is invested and controlled by the domestic listed company Shanghai Ganglian E-commerce Co., Ltd. (Stock Code: 300226).

Leveraging technology to connect upstream and downstream and integrate industrial chain resources, Steel Home E-commerce has built a smart ecosystem service system for the entire steel industry chain, with transactions as the core, integrating six major services: data information, transaction settlement, supply chain products, warehousing and processing, logistics distribution, and SaaS. Relying on the advantages of emerging technologies such as the Internet, the Internet of Things, big data, and cloud computing, it has innovatively created a "transaction + supply chain" two-wheel-driven business model, making steel transactions more convenient and secure.

Currently, the Steel Home E-commerce platform has over 150,000 enterprise users, cooperates with more than 350 steel mills, operates 50 service stations nationwide, and employs over 1,100 people, including nearly 200 high-end Internet R&D talents. In the first half of 2021, Steel Home E-commerce achieved a settlement amount of 104.16 billion yuan, a year-on-year increase of 35.81%; operating revenue of 28.101 billion yuan, an increase of 18.08% year-on-year; total profit of 196 million yuan, an increase of 20.66% year-on-year; and net profit of 148 million yuan, an increase of 17.79% year-on-year. The company has been listed among China's Top 100 Internet companies for five consecutive years, ranking first in the bulk commodity sector, and has become a benchmark enterprise for the development of China's new industrial economy.