China Metallurgical Group Corporation (MCC, ), is a Chinese

state-owned enterprise A state-owned enterprise (SOE) is a Government, government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn Profit (econom ...

headquartered in

Beijing } 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 method, 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 rang ...

, procurement, and

construction Construction is a general term meaning the art and science to form 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 Press 2009 and com ...

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 Papermaking is the manufacture of paper and cardboard, which are used widely for printing, writing, and packaging, among many other purposes. Today almost all paper is made using industrial machinery, while handmade paper survives as a speciali ...

, 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 Real Estate, land and the sale of developed land or parcels ...

. 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 Trader (finance), trading company headquartered in Beijing. It is a state-owned enterprise, state-owned corporation under direct supervision of the State-owned Assets Supervision and Adm ...

, 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 H shares () refer to the shares of companies incorporated in mainland China that are traded on the Hong Kong Stock Exchange. Many companies float their shares simultaneously on the Hong Kong market and one of the two mainland Chinese stock exc ...

were listed on the

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 ...

and

Hong Kong Stock Exchange The Stock Exchange of Hong Kong (SEHK, also known as Hong Kong Stock Exchange) is a stock exchange based in Hong Kong. As of the end of 2020, it has 2,538 listed companies with a combined market capitalization of HK$47 trillion. It is repor ...

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