Dongbei Special Steel Group Co., Ltd. is a state-owned enterprise based in

Dalian Dalian () is a major sub-provincial port city in Liaoning province, People's Republic of China, and is Liaoning's second largest city (after the provincial capital Shenyang) and the third-most populous city of Northeast China. Located on the ...

Liaoning Liaoning () is a coastal province in Northeast China that is the smallest, southernmost, and most populous province in the region. With its capital at Shenyang, it is located on the northern shore of the Yellow Sea, and is the northernmost ...

Province (the south most city of Northeastern China or ''Dongbei''). It was owned by State-owned Assets Supervision and Administration Commission (SASAC) of the Provincial Government of Liaoning (46.1230%) and Heilongjiang (14.5191%), as well as a subsidiary of Liaoning SASAC (22.6839%) and

China Orient Asset Management China Orient Asset Management Co., Ltd. is a Chinese state-owned enterprise. The company is an asset management company and a merchant bank originated as a bad bank for the Bank of China. The bank received shares from debt-to-equity swap of no ...

(16.6740%). The company was formed by the merger of Dalian Special Steel (''aka'' Liaoning Special Steel Group) and Beiman Special Steel Group (''literally'' North Manchuria Special Steel) in 2004. Dongbei Special Steel became the holding company of the two steel maker, plus

Fushun Special Steel Fushun Special Steel Co., Ltd. (FSSS) is a Chinese steel maker based in Fushun, Liaoning Province. State enterprise Dongbei Special Steel was the largest shareholder of the company. The rest of the shares float in Shanghai Stock Exchange. Accor ...

, a subsidiary of Liaoning Special Steel Group. In 2016 the enterprise defaulted several times. Chairman Yang Hua committed suicide in March 2016, four days before the first default.

Subsidiaries

* Dalian Special Steel Co., Ltd. (100%) *

Beiman Special Steel Dongbei Special Steel Group Beiman Special Steel Co., Ltd. is a state-owned steel maker based in Qiqihar, Heilongjiang Province. ''Bei-man'' was the acronym of North Manchuria. The company is a subsidiary of Dongbei Special Steel (literally ''Eas ...

Co., Ltd. (58.63%) * Shanghai Special Steel Co., Ltd. (99.67%) - wholesaler and retailer of Dongbei Special Steel in Shanghai City

Equity investment

Dongbei Special Steel owned 38.58% stake in

(), based in Fushun, Liaoning, as the largest shareholder. The shares of the company float in

Shanghai Stock Exchange The Shanghai Stock Exchange (SSE) is a stock exchange based in the city of Shanghai, China. It is one of the three stock exchanges operating independently in mainland China, the others being the Beijing Stock Exchange and the Shenzhen Stock Exc ...

References

External links

* {{Steel companies of the People's Republic of China Steel companies of China Companies based in Liaoning Chinese companies established in 2004 Companies owned by the provincial government of China China Orient Asset Management 2004 establishments in China