BSU(SH:600010) 证券时报·2025-07-29 11:22Core Viewpoint - The article highlights a significant project won by Baogang Group, which is expected to bring substantial profits to its subsidiary, Northern Rare Earth [2]. Company Overview - Baogang Group, established in 1954, is a key player in China's steel industry, with its subsidiary Baogang Co., Ltd. listed on the Shanghai Stock Exchange since 2001 [3]. - Over the past 20 years, Baogang Co., Ltd. has seen its total assets increase by 20 times, with a market capitalization that peaked at over 230 billion yuan [3]. - The company has a production capacity of 17.5 million tons of iron and steel, and its products are used in major national projects such as the Beijing-Shanghai High-Speed Railway and the Three Gorges Project [3]. Recent Developments - As of July 29, Baogang Co., Ltd. shares rose by 5.16%, closing at 2.65 yuan per share, with a total market value of 120 billion yuan [4].