Rizhao Steel Green Development Achievements Highlighted at Shandong Provincial Government Press Conference

On the morning of March 4, the Shandong Provincial Government Information Office held a press conference under the theme "Promoting Reform, Innovation, and High-Quality Development." Wang Fudong, Member of the Party Leadership Group and Vice Director of the Shandong Provincial Department of Ecology and Environment, outlined the province’s progress in advancing carbon peaking and carbon neutrality efforts, participating in national carbon market development, and implementing product carbon footprint accounting and carbon inclusive mechanisms. As the sole steel industry representative in the province, our company attended the event. Yan Xiuxun, Party Committee Secretary, was invited to address the conference and responded to media inquiries regarding the company’s concrete measures and achievements in carbon emission reduction substitution, carbon market expansion, and low-carbon transformation. 

**【Innovation Leadership】Carbon Emission Reduction Substitution Model Sets Industry Benchmark** 

The company pioneered the implementation of the *Shandong Province "High Energy Consumption, High Emissions" Project Carbon Emission Reduction Substitution Measures*. By phasing out outdated production capacity and executing key projects such as Phase I and II capacity upgrade initiatives, it became one of the province’s first pilot projects for emission reduction substitution, achieving a total carbon reduction of 910,000 tons. This effort has established a replicable low-carbon transformation model for the industry. 

**【Forward-looking Strategy】Three Breakthroughs in Carbon Market Preparedness** 

Anticipating the inclusion of the steel industry in the national carbon market, the company proactively collaborated with the Metallurgical Industry Planning and Research Institute to formulate new low-carbon development strategies. It established a carbon peaking timeline, roadmap, and implementation pathways, emerging as Shandong’s first steel enterprise to develop a comprehensive low-carbon plan. 

The company invested 1 billion RMB in technological upgrades, including sintering flue gas recycling and coal-fired unit efficiency improvements, achieving an annual CO₂ reduction of 550,000 tons. 

In 2024, it launched a 200,000-ton/year carbon capture demonstration project, partnering with research teams from Peking University and the University of Science and Technology Beijing to develop CO₂ utilization technologies. 

**【Intelligent Empowerment】Carbon Management Platform Sets Industry Standard** 

The company’s pioneering "Carbon Intelligence Management Platform," the first of its kind in Shandong, delivers three core functions: 

- **One-click Reporting**: Automatically generates carbon footprint reports and EU CBAM-compliant documentation, facilitating international certification and reducing export carbon tariffs. 

- **Simulated Trading**: Develops carbon quota and CCER asset allocation models to optimize dynamic trading strategies. 

- **Full-chain Traceability**: Tracks carbon footprints across the entire supply chain from raw material procurement to product delivery, integrating emission reduction targets into production unit KPIs. 

**【Smart Manufacturing】Three Pillar Projects Drive Transformation** 

The company has achieved remarkable results through ultra-low emissions, extreme energy efficiency, and digital transformation: 

- **Ultra-low Emissions**: Attained full-process ultra-low emission standards (organized, unorganized, and clean transportation), earning "Environmental Performance Grade A Enterprise" certification. 

- **Energy Efficiency Revolution**: Built a smart energy system optimizing gas and power balance, with per-ton steel energy consumption ranking among industry leaders. 

- **Smart Factory**: Integrated AI, machine vision, and big data algorithms with management expertise to create a full-process intelligent manufacturing benchmark. 

**【Collective Action】Charting a Course Toward a Green Future** 

The company will leverage the national carbon market expansion under government guidance, harnessing policy support to strengthen green development foundations. It remains committed to technological innovation, reshaping competitiveness through intelligent and low-carbon solutions, and pursuing its vision to "build a world-class green steel enterprise," forging new milestones on the dual-carbon journey.