In 2011, Baosteel managed its donations in strict compliance with the Regulations on the Management of Baosteel Donations and Sponsorships (Second Version). The donations totaled RMB 60,877,000. Furthermore, the Baosteel Education Fund, which has a history of 22 years, gave out RMB9.43 million in cash to award 1,212 teachers and students from 107 universities and colleges and 18 research institutes under the Chinese Academy of Sciences (CAS).

Shanghai

EXPO Seeds of Love Project

Baosteel organized a charity project that lasted throughout 2011, the “EXPO Seeds of Love” series. It aimed to raise funds for vulnerable groups through charity sale of the EXPO seeds from the U K Pavilion or Seed Cathedral of EXPOS hanghai 2010. It was launched in three sessions. The first session, “Waking up the Seeds”,was carried out within Baosteel and the funds raised were donated to Shanghai Qingcongquan Training Center for Children with Special Needs. This was Baosteel employees’ love for the society. In the second session, “Seeds for Life”, our employees made donations to an employee of Baosteel Iron & Steel Co., Ltd whose child was down with leukemia. The third session, “Seeds of Hope” was open to the whole society. Baosteel Love for Communities Program was officially launched at the release for Baosteel CSR Report 2010. Under this program, children with a utism from Baoshan Community may have a one-year t reatment in Qingcongquan Training Center at the expenses of Baosteel. By now, three children have received treatment under this program. Meanwhile, Sunflower Volunteers from Baosteel Headquarters and volunteers from Baosight Software Co., Ltd. also provided voluntary services to communities.

New Countryside Project

Since 2007, Baosteel Iron & Steel, Baosteel Development, and Baosteel Metal have provided aid and assistance for four economically-backward villages in Chongmingmiao Township, 3 economically-weak villages in Baoshan District, and Jiulong Village of Shanyang Township, Jinshan District, respectively. With full communication and good investigations, the companies worked out specific plans covering difficulty assistance, educational allowances, infrastructure construction, project investment, and businesses cooperation. The aid and assistance have truly promoted the development of local economy and improved the living standard of the local people with a total donation of over RMB 9 million by the end of 2011.

Share the Sunshine: Education and Employment Aid to Migrant Workers’ Children

Jointly organized by Shanghai Charity Foundation and seven other units in Shanghai, this initiative aims to provide financial aid for migrant workers’ children so that they can finish secondary technical school education, as well as jobs and related training expenses. Baosteel was among the first participants of this project.Baosteel Industry Technological Service Co., Ltd. has provided over 50 posts of such as benchwork and electrician, and put in more than RMB100,000 for related training since 2007. All the students in this project have acquired related basic skills and at least one special skill through vocational training. After 6 month of probation with instructions,
they are basically qualified for the posts and able to make contributions to the society.

Shanghai Age-friendly Housing Project

Aging is a big social problem in China now and Shanghai is no exception. Baosteel is well aware of this problem and has taken active actions.

Baosteel has been making donations to Shanghai Senior Citizens’ Foundation since 2008 and donated RMB2 million in 2011 for Shanghai Age-friendly Housing Project. As the aged population gets larger in Shanghai, more importance has been attaches to home care for senior citizens. The Age-friendly Housing Project aims to make the existing housing safer and more convenient and comfortable for senior citizens by upgrading the facilities, adding new functions,optimizing the layout and improving the environment. Senior citizens with difficulties in nearly one hundred households in the Baoshan Community will have better housing conditions when the project is finished.

Aid to Baoshan Youyi Cancer Rehabilitation Club

Baosteel has been providing aid to Baoshan Youyi Cancer Rehabilitation Club since 1996, helping the club members regain confidence and fight cancer. The club organizes various rehabilitation activities, including experience sharing of patients with t he same disease, “talk” treatment, and multiple sports and entertainment events. The five-year survival rate of club members is as high as 90%, 15% higher than the general rate. Moreover, the club provides consultation and psychiatric services for non-member cancer patients through its rehabilitation hotline, extending care and love to the whole society.

Support for Shanghai Baoshan International Folk Arts Festival

As the sponsor of Shanghai Baoshan International Folk Arts Festival, Baosteel has supported the festival since the opening of the first festival in October 1995. The festival is themed “the festival for all” calling for “public participation and enjoyment”. Thousands of folk have come to Baoshan with folk arts of their own countries and spread them to urban and rural areas, various communities and islands on the sea. Etienne Vankeirsbilck, Vice President of the International Organization of Folk Art claimed Baoshan International Folk Art Festival to be “the best folk art festival in the world”.

Support for Shanghai Charity Partnership Day

The first S hanghai Charity Partnership Day was launched in November 2011. It aims to establish new partnership between government, social organizations and companies, so that more companies can participate in social welfare activities and fulfill their social responsibility; Social organizations may strengthen their capacity building and further their development through the project; and more people may participate in charity activities in Shanghai. Nearly one hundred charity activists attended the “Partnership between Companies and Charity Organizations” forum, to share their views on how to enhance the partnership between companies and charity organizations for better achievements.

Xinjiang

Bayi Iron & Steel Co., Ltd. of Baosteel Group has supported every Taklimakan Rally since 2005, promoting the development of car and motorcycle sports in Xinjiang and China. The motorcyclists challenge the harsh nature, the physical limits of man, and the ceiling of motor performance in the rally, and show their strong will and courage.

Guangdong

Baosteel have played an active role in the Aid-the-poor Day activities i n Guangdong for two years, and the donations totaled RMB3.7 million for projects in Zhujing Village of Longwo Township,Zijin County, Heyuan City, Sanshui Village of Shangsha Township,Xijie County, Jieyang City, Hexi Village of Meikeng Township, Xinfeng County, Shaoguan City, and Gaoming Village of Chengyue township,Suixi County, Zhanjiang City, and purchased the new rural oldage insurance for the poor in over 3,000 poverty-stricken villages in Guangdong. Baosteel also gave financial aid to the relocation of villages with production and living conditions inappropriate for people. Baosteel won the Copper Kapok Cup for Aid-the-poor Work of Guangdong Province.

Meishan

Baosteel invested RMB700,000 in the renovation of Junction 203 on the Meishan Road, and RMB2 million in the renovation project for the Kuangmeiling and Meiyuan residential areas, so that the residents can enjoy better living conditions, as well as RMB90,000 to equip the community recreation rooms with air-conditioners in the mining area. Baosteel also provided the residents with 1,100 jobs.

Ningbo

Ningbo Steel organizes the League members and volunteers to provide voluntary services for the elderly with no family in neighboring communities and senior citizens’ homes. They put on performances for over 500 residents and 85 aged people with no family in neighboring communities in 2011.

China Green Carbon Foundation (CGCF) is the first nationwide non-profit public foundation dedicated to combating climate change by increasing carbon sinks in China. All funds raised by CGCF are used for forestation to increase carbon sinks and improve forest management. Ningbo Steel donated RMB1 million in 2011 to the Beilun Project of CGCF for forestation and the fight against climate change.

Australia

Baosteel and Hamersley Iron co-established a community foundation in 2004 to repay the Paraburdoo area. The foundation aims to help the youth (Aboriginal youth included) in remote areas in Paraburdoo with cultural and art events, as well as other opportunities of development, including painting, music, drama and dance. The playground in the Alliance Park completed in 2010 is most popular with the residents

Earthquake Relief in Yushu, Qinghai

The main part of Baosteel Children’s Welfare Home in the Chengduo County, Yushu Tibetan Autonomous Prefecture, Qinghai Province was completed in 2011, with the donation totaled RMB 8.5 million from Baosteel employees in 2010 dedicated for the construction of the children’s welfare home. The project covers an area of 3,332 square meters, including teaching buildings, canteens,dormitory buildings, courtyard walls, gates, courtyard greening andother infrastructure. The construction strictly complied with the earth quakeresistancetechnical specifications. Both the size and facilities of the children’s welfare home was greatly improved compared to those before the earthquake. Baosteel employees made new donations of RMB303,499.16 in 2011 for necessary facilities in the children’s welfare home. Children left orphaned or disabled after the earthquake in Chengduo County will find a warm home in the children’s welfare home.

Poverty-alleviation Assistance in Specific Areas

Baosteel has been providing poverty-alleviation assistance specifically for Ninger, Mojiang, Jiangcheng, and Zhenyuan counties in Pu’er City, Yunnan Province since 2004. The Corporation has put in RMB80,387,000 in 234 assistance projects carried out in 171 villages of 29 townships, benefiting 130,480 people in 32,878 households. Large numbers of people have benefited from the integrated village development plans (IVDPs) and the plans for development of new areas. Infrastructures in these povertystricken areas have been significantly improved, and Baosteel has given direct aid to the rural population in these areas living below the line of absolute poverty, improving their production and living conditions. We also helped the people in the four counties develop local industries, so that the poor population may enjoy sustainable development from the povertyalleviation projects. Baosteel has focused on the public facilities as well, and the basic medical and educational conditions in these areas have been bettered.

In 2002, Baosteel became one of the first 17 central enterprises to pair and provide aid to Tibet. In line with the Central Government’s deployment and principle of “taking responsibility in a certain area, providing pair-off aid, and making regular shifts”, Baosteel provided aid for Zhongba County of Shigatse Prefecture (the site of the county government is 4,772 meters above sea level, and the average altitude is over 5,000 meters). In the past ten years, Baosteel has provided personnel and financial support and assistance to Zhongba County, dispatched eight cadres in four batches, and conducted in-depth investigations their. All the funds have been put into development-oriented projects to promote the development of local economy and enhance the livelihood of the local people. From 2002 to 2011, Baosteel invested RMB133 million in 88 projects in Tibet, constructing water and power facilities, roads, and clinics, and providing doctor training and other vocational training in the area.

The Antarctic

Baosteel made its debut in the Antarctic in 1993 when the first-generation PE color-coated sheets independently developed by Baosteel were used to build the food storage building and the research buildings of the Great Wall Station. Eight employees of Baosteel went to the Antarctic in November 2001 for the construction of the Baosteel Building in the Great Wall Station and it took them only 72 days to complete “the most beautiful building in the Antarctic”, 18 days ahead of the schedule. In October 2008, Baosteel announced that it would construct the principal part of the Kunlun Station, China’s first scientific investigation station in inland Antarctic. The station covers an area of 558.56 square meters and is worth RMB4.5 million. Baosteel Youth Commando completed the construction of the Kunlun Station on 27 January 2009, three days ahead of the schedule. In 2010, Baosteel undertook the construction project in the Great Wall Station, building a new scientific research building and a multifunction building, with a total area of over 1,800 square meters.

A construction commando composed of ten employees of Baosteel started the 135-day journey to the Antarctic with the 28th Antarctic Scientific Expedition in November 2011. They successfully accomplished their work at the Great Wall Station and the 2nd phase construction of the multifunction building of the Kunlun Station.

Baosteel Education Foundation

Baosteel Scholarship was set up with RMB2 million in 1990 and expanded to RMB100 million in 2005. The scholarship has five awards, namely Baosteel Outstanding Student Award, Baosteel Outstanding Student Special Award, Baosteel Outstanding Teacher Award, Nomination for Baosteel Outstanding Teacher Special Award, and Baosteel Outstanding Teacher Special Award. In 2010, Baosteel set up another scholarship for students from Hong Kong, Macau and Taiwan that covered 12 universities and colleges, to encourage more students from Hong Kong, Macau and Taiwan to receive their higher education in mainland China.

By 2011, 17,602 teachers and students from over 100 universities and colleges and 18 research institutes directly under the Chinese Academy of Sciences (CAS) had received Baosteel Education Awards. Among them, 200 teachers received Baosteel Outstanding Teacher Special Award, 28 teachers Nomination for Baosteel Outstanding Teacher Special Award, 3,763 teachers Baosteel Outstanding Teacher Award, 261 students Baosteel Outstanding Student Special Award, 12,961 people Baosteel Outstanding Student Award, 203 students Baosteel Outstanding Award for Students from Taiwan, and 185 people Baosteel Outstanding Award for Students from Hong Kong and Macau. In the past 22 years,

Baosteel Education Foundation has put in almost RMB150 million as awards and educational allowances. Baosteel Education Awards have won good reputation in universities, colleges and the whole society in China, and has been one of the most popular national awards with the largest sum. In the 22 years, many award winners have made brilliant contributions on their posts.

National Iron & Steel Natural Science Foundation of China

On August 28, 2000, Baosteel and the National Natural Science Foundation of China (NSFC) signed an agreement to establish the Iron & Steel Research Foundation in Beijing. The Foundation gives priority to new metallurgical technology in urgent need in the steel industry of China, and to the basic research projects of scientific significance and value of application with respect to technology, materials, energy, environment, equipment, and information. The Foundation encourages innovation, interdisciplinary research and industry-university-institute collaboration, and gives top priority to young scientific talents.

The Iron & Steel Research Foundation provided funds for more than 50 universities, colleges and research institutes in China, including Tsinghua University and Shanghai Jiao Tong University. More than 300 doctors, over 500 postgraduates and 25 post-docs from the projects funded by the Foundation are now working in iron and steel industry and related sectors. Some project achievements have won the National S&T Progress Awards.

The Iron & Steel Research Foundation has focused on the basic research in iron and steel industry, product development and integrated product upgrading, as well as the prospective and applied basic research concerning environmental issues, and laid a solid foundation for and promoted the sound sustainable development of the iron and steel industry in China. The progressive research on silicon steel is approaching the world level, and does not fully depend upon the imported technology and techniques any more. There have been nearly 30 projects on the scientific studies of inclusions and crack control. In the late 20th century in China, only Baosteel was capable of mass production of X70 pipeline steel that poses strict requirements for steel smelting and hot-rolling techniques. With the help of the research projects, nowadays, more than 10 companies in China can manufacture X80 pipeline steel that is even better than X70 products. Baosteel is one of the few in the world that can produce the best X120 pipeline steel. The Foundation has also funded basic and applied research projects such as recovery and utilization of sensible heat in slag, and resource utilization in low-grade composite mineral deposits. Some achievements have been widely applied in the iron and steel industry, while others are also put into application in other sectors or industries.

By 2011, the Iron & Steel Research Foundation had contributed a total of RMB86 million (with Baosteel and the NSFC each providing 50% of the total) to 215 projects. The Foundation has set up an important platform for basic research in the iron and steel industry in China, and linked the basic and applied research in the industry.