Highlights

• Baogang Group recruits 1,177 new employees as part of its 2025 'Sailing Plan'.
• This recruitment signals a commitment to workforce renewal and industrial resilience.
• Chairwoman Meng Fanying outlines five key expectations for new hires:
  • Emphasizing national loyalty
  • Technical expertise
  • Innovation
• Strategic talent recruitment comes amid geopolitical pressures on rare earth supply chains.
• There is significant global competition for high-skill materials talent.

In a move underscoring its commitment to workforce renewal and long-term industrial resilience, Baogang Group, China’s flagship steel and rare earth conglomerate, kicked off its 2025 “Sailing Plan” orientation and training program on July 7. The opening session, held at Baogang Cultural Palace, welcomed 1,177 new employees—a striking show of recruitment scale in a tightening global labor market for critical mineral talent.

Baogang Party Secretary and Chairwoman Meng Fanying delivered the inaugural “First Lesson” speech, blending personal anecdotes from her 30+ years with Baogang with a call to action for the new generation. She reviewed Baogang’s historical milestones and framed the company’s mission within China’s broader strategic and technological ambitions. Her message: learn quickly, work hard, and become a backbone of China’s critical materials supply chain.

Meng outlined five expectations for the new hires:

1. Rooted in national loyalty, aligning youth ambition with China’s industrial rise.
2. Develop deep technical skills and become hands-on experts in rare earth and steel processes.
3. Demonstrate tenacity and commitment, especially in frontline operations.
4. Drive innovation from the ground up, bringing forward “golden ideas” to boost productivity.
5. Uphold integrity and discipline, avoiding corruption and reflecting Baogang’s socialist values.

Baogang’s infusion of young labor comes amid mounting geopolitical pressure on rare earth supply chains and increasing global interest in high-skill talent for magnet materials, green tech components, and advanced metallurgy.

REEx Questions for Investors

• How many of these recruits will be allocated to rare earth operations, particularly at Bayan Obo or downstream facilities?
• Is Baogang planning to scale R&D or magnet manufacturing capabilities in tandem with this workforce growth?
• Will this influx of talent accelerate China’s internal shift from raw material dominance to high-value, rare-earth product exports?

The company’s long-term strategic positioning—cemented by both Party loyalty and labor expansion—should be watched closely by investors tracking China’s industrial ascendancy in rare earths.