About Us

About Us

共建"一带一路"的钢铁力量

Company Profile
Company Profile
The Belt and Road Initiative

PT OSS, a 2.5-million-ton annual capacity integrated stainless steel smelting project, was invested in and developed by the Xiamen Xiangyu Group in Southeast Sulawesi Province, Indonesia, in 2017. The project has been included in China's key project database under the Belt and Road Initiative and has also been designated as a National Strategic Project by the Government of Indonesia.

Leveraging Xiangyu Group’s strengths in supply chain management and logistics, the project promotes cross-border connectivity, enhances trade and investment cooperation, and facilitates the international expansion of China’s competitive industrial capacity. It not only helps meet the growing demand for stainless steel in the Chinese market and strengthens the global competitiveness of the stainless steel industry chain, but also plays a significant role in Indonesia’s industrial development, job creation, and infrastructure improvement. As a result, the project has greatly contributed to economic and trade cooperation as well as cultural exchanges between China and Indonesia.

2500000
Annual Capacity (ton)
12000+
Employment Positions
OSS Industrial Plant Area OSS Industrial Plant Area
Shareholding Structure
Shareholding Structure

Xiamen Xiangyu Group Co., Ltd. is a state-owned enterprise under the Xiamen Municipal Government, established on November 28, 1995. The Group owns more than 700 invested enterprises and employs over 38,000 people worldwide.

Guided by its mission of “Creating Value for Society Through Mutual Success,” the Group adheres to the principles of industrial investment and professional management. Its business portfolio focuses on four strategic sectors: Supply Chain, Industrial Chain, Finance, and Urban Operations. Xiangyu Group is committed to becoming a globally competitive comprehensive investment holding group with supply chain services at its core.

Xiamen Xiangyu Co., Ltd.
Nantong Wangzhe Shipbuilding Engineering Co., Ltd.
Nantong Yinzong Shipbuilding Engineering Co., Ltd.
Nantong Tongbao Shipbuilding Co., Ltd.
OSS Milestones
OSS Milestones
Preparation Phase 2014-2016

The Party Committee of Xiangyu Group officially approved the investment and development of the Xiangyu Indonesia Integrated Stainless Steel Smelting Project, marking the formal launch of the project preparation phase.

Preparation Phase
Construction Phase 2017-2018

The OSS project was included in China’s key project database under the Belt and Road Initiative (BRI). Riding the momentum of the Belt and Road Initiative, Xiangyu Group officially embarked on its overseas development journey, carrying forward the spirit of the ancient Maritime Silk Road and opening a new chapter of international growth for Chinese state-owned enterprises in the new era.

Construction Phase
Transition Phase from Construction to Operation 2019-2021

The project’s No. 1 220kV Main Substation, as the first physical production unit to be commissioned, successfully completed its initial reverse power transmission on the first attempt. This milestone marked a critical breakthrough in the project’s development and signaled the dawn of its commercial operation.

Transition Phase from Construction to Operation
Operational Development Phase 2022-Present

Since entering full operation, we have continuously improved our production management system to ensure stable plant operations and steadily expand production capacity. At the same time, we have optimized our supply chain to enhance market competitiveness. Building on this foundation, we have actively implemented a localization strategy by strengthening the technical skills and management capabilities of local employees, laying a solid foundation for the company’s long-term and sustainable development.

Operational Development Phase
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