Hebei Yongyang Special Steel Group Co., Ltd. (hereinafter referred to as Yongyang Special Steel) is located in Handan Yongnian Special Steel Industrial Park, founded in 1993, with a registered capital of 417 million yuan and 4,000 employees. Light rail accounts for more than 70% of the national market, industrial heavy rail accounts for 60% of the national market, and fork flat steel accounts for 65% of the national market. The products are sold all over the country and Southeast Asia. The main products were rated as "Hebei Province Quality Products", "Hebei Province Famous Brand Products", and "Yongyang Brand" was rated as Hebei Province Famous Trademark.

In 2014, Yongyang Special Steel actively responded to the call of the Provincial Party Committee and the Provincial Government to carry out industrial restructuring, relocation and equipment upgrading in private enterprises. The total investment of the project is 10 billion yuan, and the investment of 5.5 billion yuan has been completed, of which 1.3 billion yuan has been invested in environmental protection, and advanced treatment facilities and environmental control integrated platforms such as activated coke dry desulfurization and denitrification have been built. Yongyang Special Steel adheres to the concept of high-quality development, continues to increase investment in science and technology, improves the level of process equipment and product quality, and the first domestic universal rolling mill light rail production line and the first domestic universal rolling mill heavy rail production line with core equipment have been put into operation one after another.