Changshu Baosheng Fine Blanking Steel Co.，Ltd.(BFS) was established in September, 2013. Since January 1, 2021, Baosteel International has been transformed into an operation and control subsidiary. The company is located in Changshu High-tech Development Zone, with a total project area of 120 mu and a total project investment of about 2 billion yuan. According to the strategy of "one planning and phased implementation", the company will achieve an annual production capacity of 300,000 tons of fine blanking steel in the next three to five years. At present, the annual production capacity of the first phase is 80,000 tons.