Baosteel Gas is a specialized large-scale company integrating industrial gas project construction, production, management, and product sales. It possesses high-level capabilities in technology, research and development, sales, logistics, overall construction, and project operation, able to provide customers with complete solutions including design, operation management, maintenance, application technical support, and consulting. Baosteel Gas focuses on traditional air separation business, while also developing businesses such as hydrogen, syngas, and bottled gas. It has gradually expanded its layout nationwide and actively explored overseas markets.
Baosteel Gas was established in 2008, starting with a team of 3 people. By the end of 2018, it had grown into a large group enterprise with over one thousand employees and 33 subsidiaries, maintaining rapid business growth. In August 2018, PAG participated in bidding at the Shanghai United Assets and Equity Exchange and successfully acquired 51% of Baosteel Gas's transferred equity, promoting the diversification of equity and making it a joint venture between PAG and Baosteel Metal, a subsidiary of China Baowu Steel Group. PAG, which manages fund capital exceeding $30 billion, is a leading Asian diversified investment management company. PAG will bring flexible capital structures and convenient funding solutions to drive Baosteel Gas's sustainable development. The strong alliance between PAG and Baowu also brings more efficient management concepts and advanced strategic systems to Baosteel Gas. In the future, Baosteel Gas will continue to uphold the core values of "Integrity, Responsibility, Innovation, and Win-Win," working with partners to create a more brilliant future!
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