​Standing at a new historical starting point, Zehong will adhere to the theme of scientific development, take accelerating the transformation of development mode as the main line, firmly grasp the major historical opportunity that Shandong is approved by the state as a pilot province for the adjustment of steel industrial structure, fully promote the development strategy of "highlighting the coast, optimizing the inland, and paying equal attention to both quality and scale", and promote the adjustment of layout structure, industrial structure, product structure, equipment structure, organizational structure, and capital structure, Strive to build Shandong Zehong into a world-class strong steel enterprise with reasonable layout, optimized products, advanced technology, friendly environment, coordinated development and international competitiveness.

​By the end of 2021, the steel output of Shandong Province was 79.94 million tons, ranking third in the country, with an output value of about 500 billion yuan. There are a wide range of steel products, and plate and section steel occupy an important position. Among the 22 categories of steel products, Shandong enterprises occupy 19 kinds. By the end of 2020, the production capacity of plate and section steel was 42million tons, accounting for about 45%; The production capacity of construction steel is about 28million tons, accounting for about 30%; The production capacity of special steel is 17 million tons, accounting for about 19%; Other production capacity accounts for about 6%.