Baosteel (subsidiary)
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Baosteel (subsidiary)
Baoshan Iron & Steel Co., Ltd., also known as Baoshan Iron & Steel and Baosteel, is a maker of steel based in Shanghai, China, and a subsidiary of state-owned China Baowu Steel Group (formerly Baosteel Group). It is listed on the Shanghai Stock Exchange. History In 2000, the Baosteel Group split, creating the new Baoshan Iron & Steel Co., Ltd., which is listed on the Shanghai Stock Exchange since 12 December 2000. It was the largest initial public offering in Mainland China up to that time, raising CNY 7.7 billion despite being limited to domestic investors. It was rumoured that the company has planned to list in the Stock Exchange of Hong Kong in the same year. (and again in 2007) However, they were never materialized. Baoshan Iron & Steel's IPO record was broken by fellow government controlling listed company Sinopec in 2001. Nevertheless, Baoshan Iron & Steel also re-capitalize a few times to increase its share capital and market capitalization. For example, right after ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Xinhua News Agency
Xinhua News Agency (English pronunciation: )J. C. Wells: Longman Pronunciation Dictionary, 3rd ed., for both British and American English, or New China News Agency, is the official state news agency of the People's Republic of China. Xinhua is a ministry-level institution subordinate to the State Council and is the highest ranking state media organ in China. Xinhua is a publisher as well as a news agency. Xinhua publishes in multiple languages and is a channel for the distribution of information related to the Chinese government and the ruling Chinese Communist Party (CCP). Its headquarters in Beijing are located close to the central government's headquarters at Zhongnanhai. Xinhua tailors its pro-Chinese government message to the nuances of each audience. Xinhua has faced criticism for spreading propaganda and disinformation and for criticizing people, groups, or movements critical of the Chinese government and its policies. History The predecessor to Xinhua was the R ...
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Zhanjiang Iron & Steel
Zhanjiang (), historically spelled Tsamkong, is a prefecture-level city at the southwestern end of Guangdong province, People's Republic of China, facing Haikou city to the south. As of the 2020 census, its population was 6,981,236 (6,994,832 in 2010) whom 1,931,455 lived in the built-up (or metro) area consisting of four urban districts: Chikan, Xiashan, Potou and Mazhang. In 2007, the city was named China's top ten livable cities by Chinese Cities Brand Value Report, which was released at 2007 Beijing Summit of China Cities Forum. History Imperial China era During the Qin Dynasty (221–206 BC), the area belonged to Xiang Shire. The imperial government of the Han Dynasty (206 BC−220 AD) set Xuwen County as the administrator of the whole Leizhou Peninsula. It was one of the earliest departure points on the Maritime Silk Road. It was a city port soon after. Great numbers of Putian colonists settled in the Leizhou peninsula, establishing colonies during the S ...
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Yancheng
Yancheng () is a prefecture-level city in northeastern Jiangsu province of China, province, People's Republic of China. As the city with the largest jurisdictional area in Jiangsu, Yancheng borders Lianyungang to the north, Huai'an to the west, Yangzhou and Taizhou, Jiangsu, Taizhou to the southwest, Nantong to the south, and the Yellow Sea to the east. Formerly a county, the current Yancheng city was founded on January 18, 1983. Yancheng, literally "Salt City", is named after the sea salt, salt harvest fields surrounding the city. According to historical records, collection and production of sea salt in the region began as early as 119 BC, during the Western Han Dynasty, when the settlement on the current location of Yancheng was named Yandu County (). According to the Sixth National Population Census of the People's Republic of China, 2010 Census, Yancheng has a Permanent residency, registered population of 8,203,728 — with 7,260,240 permanent residents. Its built up are ...
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B-share (mainland China)
B shares (, officially Domestically Listed Foreign Investment Shares) on the Shanghai and Shenzhen stock exchanges refers to those that are traded in foreign currencies. Shares that are traded on the two mainland Chinese stock exchanges in Renminbi, the currency in mainland China, are called A shares. History B shares were limited to foreign investment until 19 February 2001, when the China Securities Regulatory Commission began permitting the exchange of B shares via the secondary market to domestic citizens. This was widely seen as a landmark event to the integration of Chinese stock markets. Currency The face values of B shares are set in Renminbi. In Shanghai, B shares are traded in US dollars, whereas in Shenzhen they are traded in Hong Kong dollars. See also *Chip * A share * H share * Red chip * P chip * S chip * N share * L share * G share G, or g, is the seventh letter in the Latin alphabet, used in the modern English alphabet, the alphabets of other wester ...
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Wuhan
Wuhan (, ; ; ) is the capital of Hubei, Hubei Province in the China, People's Republic of China. It is the largest city in Hubei and the most populous city in Central China, with a population of over eleven million, the List of cities in China by population, ninth-most populous Chinese city and one of the nine National Central City, National Central Cities of China. The name "Wuhan" came from the city's historical origin from the conglomeration of Wuchang District, Wuchang, Hankou District, Hankou, and Hanyang District, Hanyang, which are collectively known as the "Three Towns of Wuhan" (). Wuhan lies in the eastern Jianghan Plain, at the confluence of the Yangtze river and its largest tributary, the Han River (Hubei), Han River, and is known as "Nine Provinces' Thoroughfare" (). Wuhan has historically served as a busy city port for commerce and trading. Other historical events taking place in Wuhan include the Wuchang Uprising of 1911, which led to the end of 2,000 years of d ...
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Zhanjiang
Zhanjiang (), historically spelled Tsamkong, is a prefecture-level city at the southwestern end of Guangdong province, People's Republic of China, facing Haikou city to the south. As of the 2020 census, its population was 6,981,236 (6,994,832 in 2010) whom 1,931,455 lived in the built-up (or metro) area consisting of four urban districts: Chikan, Xiashan, Potou and Mazhang. In 2007, the city was named China's top ten livable cities by Chinese Cities Brand Value Report, which was released at 2007 Beijing Summit of China Cities Forum. History Imperial China era During the Qin Dynasty (221–206 BC), the area belonged to Xiang Shire. The imperial government of the Han Dynasty (206 BC−220 AD) set Xuwen County as the administrator of the whole Leizhou Peninsula. It was one of the earliest departure points on the Maritime Silk Road. It was a city port soon after. Great numbers of Putian colonists settled in the Leizhou peninsula, establishing colonies during the S ...
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Meishan Iron Mine
Meishan (; Sichuanese Pinyin: Mi2san1; local pronunciation: ; ), formerly known as Meizhou () or Qingzhou (), is a prefecture-level city with 2,955,219 inhabitants as of 2020 census whom 1,232,648 lived in the built-up (or metro) area made of the 2 urban districts of Dongpo and Pengshan. Its located in Sichuan province, China. Meishan is in the southwest of Sichuan Basin. It belonged to Leshan Prefecture before 1997. Then Meishan Prefecture was founded in 1997 upon approval of state council. It was renamed Meishan City in 2000. Administrative subdivisions It has 2 county-level district and 4 counties. History Notable people *Su Shi, Song Dynasty writer and poet (1037–1101), was a native of Meishan, and a historic temple commemorating him and his father and brother, also notable writers (the "three Su") is located in the city. *Yuan Chiung-chiung Yuan Chiung-chiung (; born 25 November 1950) is a Taiwanese writer whose family originated in Meishan, Sichuan, Chin ...
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Nanjing
Nanjing (; , Mandarin pronunciation: ), alternately romanized as Nanking, is the capital of Jiangsu province of the People's Republic of China. It is a sub-provincial city, a megacity, and the second largest city in the East China region. The city has 11 districts, an administrative area of , and a total recorded population of 9,314,685 . Situated in the Yangtze River Delta region, Nanjing has a prominent place in Chinese history and culture, having served as the capital of various Chinese dynasties, kingdoms and republican governments dating from the 3rd century to 1949, and has thus long been a major center of culture, education, research, politics, economy, transport networks and tourism, being the home to one of the world's largest inland ports. The city is also one of the fifteen sub-provincial cities in the People's Republic of China's administrative structure, enjoying jurisdictional and economic autonomy only slightly less than that of a province. Nanjing has be ...
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China National Radio
China National Radio (CNR; ; pronunciation: ) is the national radio network of China, headquartered in Beijing. History The infrastructure began with a transmitter from Moscow to set up its first station in Yan'an (延安). It used the call sign XNCR ("New China Radio") for broadcasts, and is the first radio station set up by the Chinese Communist Party in 1940. Miller, Toby (2003). ''Television: Critical Concepts in Media and Cultural Studies''. Routledge Publishing. In the west, it was known as the Yan'an New China Radio Station () broadcasting two hours daily. In China, it was called the Yan'an Xinhua Broadcasting Station, which was established on 30 December 1940.CNR website.CNR website" ''CNR introduction.'' Retrieved on 2007-04-29. On 25 March 1949, it was renamed Shanbei Xinhua Broadcasting Station () after it departed from Yan'an. It began to broadcast in Peiping under the name of Peiping Xinhua Broadcasting Station (). On December5, 1949, it was officially name ...
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Meishan Iron & Steel
Shanghai Meishan Iron and Steel Co., Ltd., known as Meishan Iron and Steel, or Meisteel or Meigang () is a second-tier subsidiary of Baowu (formerly known as Baosteel Group) and a first-tier subsidiary of listed company Baoshan Iron and Steel Co., Ltd. (Baosteel). The company was based in Nanjing. In 2004, Baosteel Group decided to inject Shanghai Meishan Iron and Steel Co., Ltd. to fellow subsidiary Baoshan Iron and Steel Co., Ltd., which is also a listed company. History Meishan Iron & Steel The steel plant at , in Yuhuatai District, Nanjing was founded in 1969 by the Shanghai Government. The mine became a quasi-exclave of Shanghai. In 1984, the steel plant and related industries became Shanghai Meishan Metallurgical Corporation (). The company was registered in the Government of Nanjing in 1990. In 1994, a new holding company was formed for Meishan Group, which the mine was spin-off from Meishan Metallurgical Corporation in 1995, while the iron and steel company became Sha ...
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