Shandong Xinhai Technology Co., Ltd. is located in Junan County, Linyi City, Shandong Province. The company covers a total area of about 8,000 mu, total assets of 36 billion yuan, and has more than 8,000 employees. The main business includes metallurgy, electricity, trade, logistics, warehousing and so on.

　　The company is the first to use foreign laterite nickel ore, the introduction of rotary kiln + ore thermal electric furnace (RKEF process) fire smelting process to produce high nickel alloy enterprises. The company's efficient utilization of laterite nickel ore and research and innovation of RKEF process have effectively alleviated the shortage of domestic nickel resources, reshaped the global nickel industry pattern, and greatly promoted the energy saving and emission reduction green development of the whole stainless steel industry chain.

　　At present, the company has 4 350MW supercritical cogeneration units, 32 33000KV mineral thermal electric furnaces, with 10 billion KWH of power generation capacity and 1.8 million tons of nickel-iron production capacity.

　　The birth and development of nickel-iron in China has changed the traditional production process of stainless steel for more than 100 years, greatly reducing the production cost of stainless steel, and making the penetration rate of stainless steel in China more and more high. As one of the earliest domestic enterprises to develop laterite nickel ore thermal smelting nickel iron, the company has completed the upstream industry link with forward-looking strategic ideas and formed the core competitive advantage of nickel power co-production. In the planning of the formation of 4×350MW energy supporting and 1.8 million tons of nickel-iron project at the same time, the company through careful exploration and full demonstration, investment 10 billion yuan, the introduction of advanced production technology and equipment, the construction of a highly competitive stainless steel production line, the planned annual output of high-end stainless steel products 3.8 million tons, To create a new domestic electric-nickel-steel-material integration, the whole industry chain stainless steel project.