Qingdao Baoxinmei Technology Co. (hereinafter referred to as "the Company"), focusing on the silicon steel industry chain in Shandong since 2015, provides customers with a series of valuable services such as material supply, technical services (customized grades), production processing and logistics distribution based on a silicon steel supply platform, an innovative business model (centralized procurement resources) and abundant steel mill resources.

The company has established long-term and stable strategic cooperative relationships with many domestic steel mills (Baowu, Angang, Shagang and Baosteel, etc. ) to provided more competitive steel resources for downstream customers; Meanwhile, it has established a professional production and sales service platform for silicon steel industry chain, providing raw coils, bar stock, cut-to-length material and iron core products to many famous enterprises inside and outside the province.

Qingdao Womei was established in July 2018, with Phase I investment in a dedicated silicon steel slitting and shearing line (for silicon steel strip customers) and Phase II investment in a color coated cross-cutting line refrigerator & freezer color coated cut-to-length material).

In 2021, according to the development needs, Qingdao Womei relocated to Jiaozhou and made the third phase of investment: One silicon steel double-knife frame slitting line and 8 sets of silicon steel stamping equipment (including 2 sets of motor cores and 6 sets of transformer cores) to serve transformer and motor customers inside and outside the province.

In 2022, the company will continue to expand its investment -Annealing equipment for non oriented electrical steel EI chip and oriented electrical steel shearing equipment, and continue to deepen the silicon steel industry chain.