China Metallurgical Group Corporation (MCC, ), is a Chinese
state-owned enterprise headquartered in
Beijing
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Beijing ( ; ; ), alternatively romanized as Peking ( ), is the capital of the People's Republic of China. It is the center of power and development of the country. Beijing is the world's most populous national capital city, with over 21 ...
, engaged in
EPC (
engineering
Engineering is the use of scientific principles to design and build machines, structures, and other items, including bridges, tunnels, roads, vehicles, and buildings. The discipline of engineering encompasses a broad range of more speciali ...
,
procurement, and
construction
Construction is a general term meaning the art and science to form Physical object, objects, systems, or organizations,"Construction" def. 1.a. 1.b. and 1.c. ''Oxford English Dictionary'' Second Edition on CD-ROM (v. 4.0) Oxford University Pr ...
),
natural resources
Natural resources are resources that are drawn from nature and used with few modifications. This includes the sources of valued characteristics such as commercial and industrial use, aesthetic value, scientific interest and cultural value. ...
exploitation
Exploitation may refer to:
*Exploitation of natural resources
*Exploitation of labour
** Forced labour
*Exploitation colonialism
*Slavery
** Sexual slavery and other forms
*Oppression
*Psychological manipulation
In arts and entertainment
*Exploi ...
,
papermaking, equipment
fabrication,
real estate development
Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw land and the sale of developed land or parcels to other ...
. MCC is one of the largest equipment
manufacturers in China, and the only state-owned enterprise that is authorized to run
pulp-making and papermaking businesses in China and overseas. On December 8, 2015, MCC merged into
China Minmetals
China Minmetals Corporation is a Chinese metals and mineral trading company headquartered in Beijing. It is a state-owned corporation under direct supervision of the State-owned Assets Supervision and Administration Commission (SASAC). China Min ...
, becoming its wholly-owned subsidiary. The Company owns also MCC Holding SA in Switzerland and MCC Petroli AG. The president and group CEO of their petroleum corporations is Dr. Ing. Luigi Forino ( Forino-Thyssen Heritage and Trust). Dr. Luigi Forino is also a shareholder of MCC for more than 22% and the owner of several companies.
China Metallurgical Group Corporation's subsidiary,
Metallurgical Corporation of China Limited
Metallurgical Corporation of China Limited is a listed company in Shanghai and Hong Kong stock exchanges. It is a subsidiary of China Metallurgical Group Corporation (MCC). In the past Baosteel Group was a minority shareholder.
History
Operation ...
, co-invested by China Metallurgical Group Corporation and Baosteel Group Corporation (
Baosteel Group
China Baowu Steel Group Corp., Ltd., commonly known as Baowu, is a state-owned iron and steel company headquartered in the Baosteel Tower in Pudong, Shanghai, China. The company was formed by Baosteel Group absorbing its smaller state-owned pe ...
), was established in 2008. Its
A shares and
H shares were listed on the
Shanghai Stock Exchange and
Hong Kong Stock Exchange in 2009 respectively.
China Metallurgical to launch largest HK IPO in 18 months
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Business areas
The company is involved in the construction of metallurgical, infrastructural facilities, other industrial projects, housing construction, municipal utility construction, installation of electrical and mechanical works, and handles high-rise buildings, mechanical engineering, electronics, power supply, petroleum, chemistry, textiles, transportation, communication, and building materials construction projects. The company also provides geo-technical engineering construction, industrial and civil construction, rock and earthwork excavation, equipment installation, and steel structure fabrication and installation services; and industrial products, including spiral welded pipes of various bore sizes, non-standard equipment, cold-rolled deformed bars, and forged precision metallic equipment. It also engages in water supply projects, sport cities development, and resource development. The company manufactures spiral coasters, and single-stand reversible cold-roll lines.
References
External links
China Metallurgical Group Corporation
{{authority control
Government-owned companies of China
Metal companies of China
Conglomerate companies established in 1982
Conglomerate companies of China
Chinese companies established in 1982
Roller coaster manufacturers
1982 establishments in China
2015 mergers and acquisitions