Faced with the growing difficulty of parking in downtown areas in Shanghai, Baosteel Engineering & Technology Group actively explores solutions. Approved by Baosteel Engineering Board of Directors, through the introduction of the world's most advanced garage intelligent technology and equipment, it will evoke Baosteel's financial advantage, material advantage and Baosteel Steel Structure's brand influence, built compact and environmental friendly stereo garage in Shanghai's downtown area where there is scarce land resources and contribute to Shanghai's "smart city" construction promotion. Recently, it is known from Baosteel intelligent stereo garage project working promotion conference that relevant departments in Shanghai will help to promote the early implementation of urban development project.

At present, Shanghai auto ownership has exceeded 3 million. Compared with the rapid growth in the number of cars, Shanghai downtown area parking space growth rate is slowing down. Focusing on the key problem of parking difficulty in the process of urban construction, Baosteel Engineering tries both cooperation and importation. With the method of "technology introduction+Baosteel brand influence evocation+capital advantage+resource intergration", it selects appropriate place for the construction of high-end intelligent stereo garage.

It is known that Baosteel Engineering intelligent stereo garage project has four characteristics: compact, environmental friendly, safe and convenient. With 320 parking space accommodation, intelligent stereo garages cover an area of only 324 square meters while ground parking lot requires 11,700 square meters. In addition, Baosteel Engineering stereo garages also have automatic parking, straight in and out, automatic operation and quick storage and access advantages. At present, the project preliminary preparatory work has been completed and has entered the key stage of location selection and the construction of the first garage.