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Shougang Company
Beijing Shougang Co., Ltd. is a listed Chinese steel manufacturer. It also a subsidiary of Shougang Group. The shares of Beijing Shougang float in the Shenzhen Stock Exchange. Beijing Shougang was a constituent of SZSE 1000 Index (as well as sub-index SZSE 700 Index) but not in SZSE Component Index, making the company was ranked between the 501st to 1,000th by free float adjusted market capitalization. Business overview The company operated Shougang Group's first steel plant in Shijingshan District. The plant closed in 2009. On 23 April 2015 Beijing Shougang Limited acquired 51% stake of "Jingtang United Iron and Steel" from the parent company, a steel plant in Caofeidian District, Tangshan, Hebei Province, for 9.718 billion RMB cash, plus the 100% stake of a division in Guizhou Province. () Jingtang United Iron and Steel Shougang Jingtang United Iron & Steel Co., Ltd. () was a joint venture between Shougang Group (51%) and Tangsteel Group (49%). The steel plant was built on mode ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Renminbi
The renminbi (; symbol: ¥; ISO code: CNY; abbreviation: RMB) is the official currency of the People's Republic of China and one of the world's most traded currencies, ranking as the fifth most traded currency in the world as of April 2022. The yuan ( or ) is the basic unit of the renminbi, but the word is also used to refer to the Chinese currency generally, especially in international contexts. One yuan is divided into 10 jiao (), and the jiao is further subdivided into 10 fen (). The renminbi is issued by the People's Bank of China, the monetary authority of China. Valuation Until 2005, the value of the renminbi was pegged to the US dollar. As China pursued its transition from central planning to a market economy and increased its participation in foreign trade, the renminbi was devalued to increase the competitiveness of Chinese industry. It has previously been claimed that the renminbi's official exchange rate was undervalued by as much as 37.5% against its purchas ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Owned By The Provincial Government Of China
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Steel Companies Of China
Steel is an alloy made up of iron with added carbon to improve its strength and fracture resistance compared to other forms of iron. Many other elements may be present or added. Stainless steels that are corrosion- and oxidation-resistant typically need an additional 11% chromium. Because of its high tensile strength and low cost, steel is used in buildings, infrastructure, tools, ships, trains, cars, machines, electrical appliances, weapons, and rockets. Iron is the base metal of steel. Depending on the temperature, it can take two crystalline forms (allotropic forms): body-centred cubic and face-centred cubic. The interaction of the allotropes of iron with the alloying elements, primarily carbon, gives steel and cast iron their range of unique properties. In pure iron, the crystal structure has relatively little resistance to the iron atoms slipping past one another, and so pure iron is quite ductile, or soft and easily formed. In steel, small amounts of carbon, other ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chinese Companies Established In 1999
Chinese can refer to: * Something related to China * Chinese people, people of Chinese nationality, citizenship, and/or ethnicity **''Zhonghua minzu'', the supra-ethnic concept of the Chinese nation ** List of ethnic groups in China, people of various ethnicities in contemporary China ** Han Chinese, the largest ethnic group in the world and the majority ethnic group in Mainland China, Hong Kong, Macau, Taiwan, and Singapore ** Ethnic minorities in China, people of non-Han Chinese ethnicities in modern China ** Ethnic groups in Chinese history, people of various ethnicities in historical China ** Nationals of the People's Republic of China ** Nationals of the Republic of China ** Overseas Chinese, Chinese people residing outside the territories of Mainland China, Hong Kong, Macau, and Taiwan * Sinitic languages, the major branch of the Sino-Tibetan language family ** Chinese language, a group of related languages spoken predominantly in China, sharing a written script (Chinese c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Listed On The Shenzhen Stock Exchange
This is a list of companies on the Shenzhen Stock Exchange up to 2011, along with their capital, industry, and listing date. Many of these are subsidiaries of state-owned enterprises. 000001-000099 000100-000499 000500-000599 000600-000699 000700-000799 000800-000899 000900-001999 2001-2100 {, , - , colspan=7, , - , - , align="center" style="background:#f0f0f0;", Code , align="center" style="background:#f0f0f0;", Short-name , align="center" style="background:#f0f0f0;", Listing date , align="center" style="background:#f0f0f0;", Issued capital , align="center" style="background:#f0f0f0;", Negotiable capital , align="center" style="background:#f0f0f0;", Industry , align="center" style="background:#f0f0f0;", Http , - , 002001, , NHU, , 25.06.2004, , 483,964,000, , 440,019,780, , Petrochemicals, , http://www.cnhu.com , - , 002002, , JSQH, , 25.06.2004, , 166,894,000, , 122,907,578, , Petrochemicals, , http://www.chinaqionghua.com ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BAIC Motor
BAIC Motor Corporation Limited is a Chinese automaker headquartered in Beijing. The H shares (foreigner share in offshore market) of the company were traded in the Hong Kong Stock Exchange. It was part of BAIC Group, itself a subsidiary of Beijing Municipal Government. History BAIC Motor was incorporated in 2010 as a sub-holding company of BAIC Group. It became a listed company in December 2014. The firm announced plans, in March 2015, to extend its partnership with Daimler AG by taking a 35 percent stake in Mercedes-Benz Leasing, a leasing company incorporated in China. Products BAIC has a wide product line that includes more than the buses that are its traditional manufacture. With more known modern day products being the Beijing brand passenger cars and the BJ series crossovers and SUVs of the Beijing Off-road brand.For wide product line, see About Beiqi > BAIHC Information">BAIHC Homepage > About Beiqi > BAIHC Information Beijing Automotive Industry Holding Co., Ltd. Off ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Five-year Plans Of China
The Five-Year Plans () are a series of social and economic development initiatives issued by the Chinese Communist Party (CCP) since 1953 in the People's Republic of China. Since 1949, the CCP has shaped the Chinese economy through the plenums of its Central Committee and national congresses. The party plays a leading role in establishing the foundations and principles of Chinese communism, mapping strategies for economic development, setting growth targets, and launching reforms. Planning is a key characteristic of the nominally socialist economies, and one plan established for the entire country normally contains detailed economic development guidelines for all its regions. In order to more accurately reflect China's transition from a Soviet-style command economy to a socialist market economy ( socialism with Chinese characteristics), the plans since the 11th Five-Year Plan for 2006 to 2010 have been referred to in Chinese as "guidelines" () instead of as "plans" (). China's ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Siemens
Siemens AG ( ) is a German multinational conglomerate corporation and the largest industrial manufacturing company in Europe headquartered in Munich with branch offices abroad. The principal divisions of the corporation are ''Industry'', ''Energy'', ''Healthcare'' (Siemens Healthineers), and ''Infrastructure & Cities'', which represent the main activities of the corporation. The corporation is a prominent maker of medical diagnostics equipment and its medical health-care division, which generates about 12 percent of the corporation's total sales, is its second-most profitable unit, after the industrial automation division. In this area, it is regarded as a pioneer and the company with the highest revenue in the world. The corporation is a component of the Euro Stoxx 50 stock market index. Siemens and its subsidiaries employ approximately 303,000 people worldwide and reported global revenue of around €62 billion in 2021 according to its earnings release. History 1847 to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tangsteel Group
Tangshan Iron and Steel Group Company Limited, or Tangsteel, founded in 1943 and headquartered in Tangshan, Hebei, is one of the largest steel manufacturing state-owned enterprise in China. Its subsidiary and listed company, Tangshan Iron and Steel Company Limited () was established in 1994 and it was listed on the Shenzhen Stock Exchange in 1997. In 2005 it formed a joint venture Jingtang United Iron and Steel with Shougang Group. Tangsteel Group owned 49%. In 2006, Tangsteel merged with Xuanhua Iron & Steel Group and Chengde Iron and Steel Group to form "New Tangsteel Iron and Steel Group". In 2008, Tangsteel merged with Hansteel Group Handan Iron and Steel Group or Hansteel is a state-owned iron and steel enterprise engaging in the manufacturing, processing, and sale of black metal, billet, steel rolling, carbamide, sintering mineral, metallurgical machinery parts, and coke. ... to form " Hebei Iron and Steel Group", which is the largest steel maker in China and the fifth ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Guizhou
Guizhou (; formerly Kweichow) is a landlocked province in the southwest region of the People's Republic of China. Its capital and largest city is Guiyang, in the center of the province. Guizhou borders the autonomous region of Guangxi to the south, Yunnan to the west, Sichuan to the northwest, the municipality of Chongqing to the north, and Hunan to the east. The population of Guizhou stands at 38.5 million, ranking 18th among the provinces in China. The Dian Kingdom, which inhabited the present-day area of Guizhou, was annexed by the Han dynasty in 106 BC. Guizhou was formally made a province in 1413 during the Ming dynasty. After the overthrow of the Qing in 1911 and following the Chinese Civil War, the Chinese Communist Party took refuge in Guizhou during the Long March between 1934 and 1935. After the establishment of the People's Republic of China, Mao Zedong promoted the relocation of heavy industry into inland provinces such as Guizhou, to better protect them fr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tangshan
Tangshan () is a coastal, industrial prefecture-level city in the northeast of Hebei province. It is located in the eastern part of Hebei Province and the northeastern part of the North China Plain. It is located in the central area of the Bohai Rim and serves as the main traffic corridor to the Northeast. The city faces the Bohai Sea in the south, the Yan Mountains in the north, Qinhuangdao across the Luan River to the east, and Tianjin to the west. Much of the city's development is thanks to the industrialization, beginning in 1870, when Kailuan Group established coal mines in the region. It's the birthplace of China's first standard-gauge railway, the first railway plant, the first steam locomotive, and the first cement factory. It was hailed as China's "cradle of industrialization". Even today, Tangshan is a hub of steel, energy, chemical, and ceramics production. Ping opera, which originated from the city's Luanzhou county, is one of the five most popular Chinese operas. T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
