OREANDA-NEWS. July 04, 2012. Baosteel Bsteel with strong operation capability and brand advantage of its own "treasure procurement" platform was selected as the 2012 Shanghai e-commerce "double push" platform enterprise, reported the press-centre of Baosteel. 

"Double push" refers to "promote innovation and development of e-commerce company, and drive the SME e-commerce application". Since 2010, the implementation of "double push" has been fully carried out in Shanghai. Every year a part of enterprises with high service maturity and high integrity will be selected as the annual Shanghai e-commerce "double push" platform enterprise, and given 10 million special funds to finance vast SME users who is the first time to buy the "double push" platform enterprise e-commerce service, so as to effectively reduce the cost of the SME e-business application, accelerate e-commerce application and popularization and to promote the third-party e-commerce platform enterprise bigger and stronger.

This year, Shanghai Economic & Information Commission selected 11 platform companies from the 55 reporting companies as e-commerce "double push" platform enterprises. After Bsteel treasure procurement was "selected" into "double push "platform, the new registered member on Baosteel purchasing e-commerce platform will enjoy the preferential policy of "subsidies from government, promotion from platform enterprise, and pay by small and medium enterprises".

Treasure procurement was officially setup and put into operation in March last year, and the platform project achievements won the first prize of 2011 National Quality & Technology Award. By the end of May this year, the  online purchasing transaction volume of treasure procurement has exceeded 59.5 billion yuan in total, with over16,000 registered suppliers, favored by many well-known enterprises such as TBEA, Wazhou Group, Shentong Metro.

In recent years, Bsteel is committed to create more value through continuous innovation for customers, and continues to win the honour of the Commerce Department e-commerce model enterprise, initial state-owned enterprise information technology model project, China steel e-commerce leading enterprise. Besides "treasure procurement", Bsteel continuously launched several vertical B2B e-commerce platforms such as "steel treasure", "cycle treasure ", "Chemical treasure", "Oriental pay " for manufacturing.