Since 2022, the steel industry has entered a severe winter period, with demand significantly contracting, downward pressure on prices evident, and corporate profitability generally declining. Over the past two years, even though many steel companies have struggled desperately, they have still been unable to escape the fate of bankruptcy. Amid the turbulent waves of the macro environment, some steel enterprises, relying on excellent management practices, have continuously optimized and enhanced their efficiency, riding the waves through the "cold winter."