Shagang Company
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Shagang Company
Jiangsu Shagang Group Huaigang Special Steel Co., Ltd. (known as Huaigang or Huaisteel) is a Chinese steel manufacturer based in Huai'an, Jiangsu Province. It was a subsidiary of privately held company Shagang Group via its publicly traded subsidiary Shagang Company () for 63.79% stake, from 2010 to 2015. As at 31 December 2013, Huaigang accounted for 99.9% revenue and 97% assets of Shagang Company. However, as at 31 December 2015, Shagang Group owned just 19.88% stake in Shagang Company; in turn Shagang Company owned 63.79% stake of Huaigang. Shagang Group sold 55.12% stake of Shagang Company in 2015, for about (or per share). , Shagang Company is a constituent of SZSE 200 Index (mid cap index). History Huaigang Group Co., Ltd. () was incorporated on 11 December 1996 as a subsidiary of the Economic Commission of Huai'an (the city was known as Huaiyin at that time) for 91.97% stake. In 2000, Nanjing Iron and Steel Group acquired the controlling stake (93.49%). It was recapital ...
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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 ...
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Chinese Companies Established In 1986
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 ...
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Companies Based In Jiangsu
A company, abbreviated as co., is a Legal personality, legal entity representing an association of people, whether Natural person, natural, Legal person, 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 * List of legal entity types by country, business entities, whose aim is generating profit * financial entities and banks * programs or Educational institution, 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 (business), incorporation, or published policy. When a company closes, it may need to be Liquidation, liquidated to avoid further legal obligations. Companies may associate and collectively register themselves ...
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Chinese Companies Established In 1970
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 ...
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Government Agencies Established In 1970
A government is the system or group of people governing an organized community, generally a state. In the case of its broad associative definition, government normally consists of legislature, executive, and judiciary. Government is a means by which organizational policies are enforced, as well as a mechanism for determining policy. In many countries, the government has a kind of constitution, a statement of its governing principles and philosophy. While all types of organizations have governance, the term ''government'' is often used more specifically to refer to the approximately 200 independent national governments and subsidiary organizations. The major types of political systems in the modern era are democracies, monarchies, and authoritarian and totalitarian regimes. Historically prevalent forms of government include monarchy, aristocracy, timocracy, oligarchy, democracy, theocracy, and tyranny. These forms are not always mutually exclusive, and mixed governme ...
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Manufacturing Companies Established In 1986
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed into a final product. ...
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Chemical Companies Of China
A chemical substance is a form of matter having constant chemical composition and characteristic properties. Some references add that chemical substance cannot be separated into its constituent elements by physical separation methods, i.e., without breaking chemical bonds. Chemical substances can be simple substances (substances consisting of a single chemical element), chemical compounds, or alloys. Chemical substances are often called 'pure' to set them apart from mixtures. A common example of a chemical substance is pure water; it has the same properties and the same ratio of hydrogen to oxygen whether it is isolated from a river or made in a laboratory. Other chemical substances commonly encountered in pure form are diamond (carbon), gold, table salt (sodium chloride) and refined sugar (sucrose). However, in practice, no substance is entirely pure, and chemical purity is specified according to the intended use of the chemical. Chemical substances exist as solids, liquids, g ...
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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 ...
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Zhangjiagang
Zhangjiagang (), formerly Shazhou County (), is a county-level city under the administration of Suzhou, Jiangsu province, China and one of the many ports along the Yangtze river. With 1,246,762 inhabitants as of the 2010 census, the city is now part of Jiangyin-Zhangjiagang-Jingjiang built-up or metropolitan area with 3,526,260 inhabitants. Continued growth will encompass the Yangtze River Delta metropolitan region. It borders the prefecture-level cities of Taizhou and Nantong across the Yangtze River, as well as Wuxi to the west. Its total area is 986.53 square kilometers, including a land area of 791.05 kilometers. In the top 100 country-level city list in China, Zhangjiagang ranks the third in 2019, and 2020. Zhangjiagang is named a national civilized city in China in 2020, and this is the sixth time that the city achieves this honor. History Toponym Zhangjiagang is derived from a port in the city, while the port is named after a tributary, Zhangjia. All of them are wri ...
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Huai'an Municipal People's Government
Huai'an (), formerly called Huaiyin () until 2001, is a prefecture-level city in the central part of Jiangsu province in Eastern China. Huai'an is situated almost directly south of Lianyungang, southeast of Suqian, northwest of Yancheng, almost directly north of Yangzhou and Nanjing, and northeast of Chuzhou (Anhui). Huai'an is famous as the birthplace of Han Xin, the renowned general who helped found the Han Dynasty; Wu Cheng'en (1500–1582), the Ming Dynasty writer who authored the ''Journey to the West''; and Zhou Enlai (1898–1976), a prominent Chinese Communist Party leader and Premier of the People's Republic of China from 1949 till his death in 1976. As of the 2020 Chinese census, the municipality had 4,556,230 inhabitants (4,801,662 in 2010), of whom 2,544,767 people lived in the built-up (''or metro'') area made of 3 urban districts (all but Hongze not conurbated yet). Geography Most of the Huai'an city area lies in the Jianghuai Plain, whose landscape tends to be f ...
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Tianjin Pipe Corporation
Tianjin Pipe (Group) Corporation Limited known as Tianjin Pipe () or its abbreviation TPCO, is the largest stemless steel pipe maker of China as well as one of the largest in the world. History The predecessor of Tianjin Pipe was founded on 11 December 1987 (as ); it was one of the project in the Eighth Five-Year Plan of China. The factory was later incorporated as a limited company, under a law that was established in 1993. In 1999 the corporation () fall under control by the Ministry of Finance of the People's Republic of China due to debt-to-equity swap, which the four state-owned asset management companies or bad banks, Huarong, Cinda, Great Wall and Orient Asset Management owned 100% stake. In 2003, 90% stake of TPCO was transferred to Tianjin Pipe Investment Holding (), a company that was supervised by the Economic Commission () of the . In 2004, 57% stake of TPCO was transferred from Tianjin Pipe Investment Holding to TEDA Holding (), a company that was supervised by th ...
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