Yuantai Derun Ranked Among Top 10 in Tianjin's Top 100 Private Enterprises List
Yuantai Derun Ranked Among Top 10 in Tianjin's Top 100 Private Enterprises List
The 14th Conference on the Healthy Development of Tianjin's Private Economy, jointly organized by the Tianjin Federation of Industry and Commerce and the Municipal Development and Reform Commission, was recently held. During the conference, the 2024 list of Top 100 Private Enterprises in Tianjin was officially announced.Tianjin Yuantai Derun Steel Pipe Manufacturing Group demonstrated its robust operational strength and exceptional industry influence by securing the 10th position in the Top 100 by Operating Revenue, injecting powerful momentum into the high-quality development of Tianjin's private sector. The rectangular steel pipes suppplier Tianjin Yuantai Derun's recognition reflects its significant contribution to the local economy.
From Daqiuzhuang To The World: A "Hidden Champion" In Square And Rectangular Tubing
The rise of Yuantai Derun is a vivid example of high-quality development within Tianjin's private economy. Established in 2002 in the Daqiuzhuang Industrial Zone, a major steel pipe production base in China, the company has consistently fueled its growth through technological innovation, evolving into a national-level "Demonstration Enterprise for Manufacturing Single Champions." The Group currently manages two major production bases in Tianjin and Tangshan, encompassing over 20 wholly-owned subsidiary companies, with an annual production capacity of 10 million tons.
The products of square and rectangualr steel pipe range comprehensively covers sizes from 20×20×1.0mm to 1000×1000×50mm.
The company holds a dominant market position in China for specialized products, including large size rectangular steel tube over 300mm and right angle steel pipe. Its key product performance metrics and manufacturing techniques lead the industry internationally.
Yuantai Derun has achieved breakthroughs such as the single-pass forming process for 500mm diameter and 16mm wall thickness square tubes, and was the first to introduce ultra-large diameter rectangular square tubes over 1 meter and right angle square tubes. These innovations meet the need for high-strength, lightweight load-bearing components in emerging industries such as prefabricated construction and new energy photovoltaic projects. The company's products have been integral to major projects including the State Power Investment Corp's Qinghai Photovoltaic Project and stadiums for the FIFA World Cup in Qatar, exporting to over 50 countries and regions across the Middle East, Africa, and South America.
In 2023, Yuantai Derun ascended to the top global market position for square and rectangular tubes, capturing 24.33% of the domestic market share. This means approximately one out of every four structural steel pipes in China being produced by Yuantai Derun.
Innovation-Driven: Leading Industry Upgrades Through Standards
In Yuantai Derun's exhibition hall, walls adorned with patent certificates are a striking sight. The Group allocates over 3% of its revenue to R&D annually, holding more than 80 technical patents. Its intelligent production lines, such as the 500mm and 300mm units, achieve fully automated control from raw material to finished product.
In 2024, the company was recognized as a National High-Tech Enterprise and took the lead in formulating six group standards, including "Square and Rectangular Tubes for Building Structures" and "Square and Rectangular Tubes for Mechanical Structures."
In 2019, the Group established Tianjin Bossi Testing Co., Ltd., which obtained both CNAS certification from the China National Accreditation Service for Conformity Assessment and CMA certification. Looking ahead, 2025 will see the establishment of the industry's first dedicated research institute, Yuantai Derun Square & Rectangular Tube Research Institute (Tianjin) Co., Ltd. This institute aims to build an operational ecosystem for square tubes, enhance the industrial manufacturing chain, and pioneer new operation and maintenance models, continuously boosting the company's competitiveness in high-end new material R&D, innovative design, and intelligent green manufacturing.
Looking Ahead: Collaborating To Create A New Era For The Private Economy
Being ranked among Tianjin's Top 100 Private Enterprises is both an honor and a responsibility for Yuantai Derun. The Group will use this achievement as a catalyst to closely follow Tianjin's economic development strategies, seize new opportunities, deepen reforms, promote innovation, and continuously enhance its core competitiveness.
As Tianjin enters a critical period of advancing high-quality development, the private sector faces unprecedented opportunities. With the strong leadership of the municipal government and the support of favorable policies, outstanding private enterprises like Tianjin Yuantai Derun Group are poised for even broader development prospects, contributing significantly to Tianjin's comprehensive construction of a modern socialist metropolis.
Earning a place among Tianjin's Top 100 Private Enterprises is both a prestigious recognition and a significant responsibility for Yuantai Derun. The Group will leverage this accomplishment as a driving force to align closely with Tianjin's economic development strategies, capture emerging opportunities, intensify reforms, foster innovation, and consistently strengthen its core competitiveness.
As Tianjin progresses into a pivotal phase of promoting high-quality development, the private sector is presented with remarkable opportunities. Under the effective guidance of the municipal government and supported by favorable policies, leading private enterprises such as Tianjin Yuantai Derun Group are well-positioned for expanded growth prospects, making substantial contributions to Tianjin's comprehensive efforts to build a modern socialist metropolis.
