Baosteel was awarded with the "Prize for Enterprises Fulfillment of Social Commitment"

On the forum held the day before on Harmonious Society construction and Enterprises 's Social Commitment (Pudong Shanghai) 2008", Baosteel was granted with a award for "Enterprises fulfillment of Social Commitment". Mr. He Wenbo, President of Baosteel group atended the furom and dilivered a speech entitled "On Baosteel s Social Commitment and Practice".

As to further carry out the tenet of CCPs 17th Session and take on a indepth sdudy of the Scientific Mentality for Development as well as to push forwared the Enterprises Social Commitment on the new stage, China Productivity Research Institute and Pudong Administration jointly sposored the forum. Attendents were the representitives from The UN Global Contract Organization, State ministries concerned,Shanghai and New Pudong District and multinational corporations.

They conducted indepth talks over the themes like " Enhancing effective capbality and enacting social commitment, the Scientific Mentality for Development and sustantiable development. Based on 65 standards concerning the employees, enviromental protection, social contribution, management,etc.,the organization committee of the Forum evaluated and selected a number of award winners for "Enterprises fulfillment of Social Commitment "and Baosteel was one of them.

During his speech on scheme, Mr. He Wenbo, President of Steel Group, made an overall introduction to Baosteel practice in carrying out enterprises fulfillment of social commitment. He stated that in the long run, Baosteel has been taking the fulfillment of social commitment as its duty and essential oppotunity for develoment with regard to aspect of stretegy, economy growth, enviroment and social harmony.

Especillay in recent years, Baosteel has been discarding outdated technologies and equipment and working out and applying the new ones as well as convincing customers of the enviromental-friendly products in a gradual pace, to form up a new situation for the fulfillment of social commitment in a way of a entire chain lenth of the supply has taken shape and always put her employees as the most priceless property of the Corporation and in an active manner the harmonious productive integrity has been set up; encoraging her workers and staff earnesty to pace with the Coparation towards public welfare establishments.

In the past long years a total amount of 0.3 billion RMB has been put for the public welfare establishments. So after the nightmare earthquake occurred in Wenchuan this year, Baosteel has donated materals and and fund accounting 0.117 billion RMB further. Mr. He Wenbo expressed that Baosteel will keep tracking on the stretegy for the fulfillment of social commitment in an active manner to probe for a frame structrual system of it, to push forward and update the constuction of the social commitment system and Baosteel will initiatively undertake social responsibility and contribute to the construction of the harmounious society.