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Huaigang Special Steel information


Huaigang Special Steel
FormerlyHuaigang Group Co., Ltd.
Company typesubsidiary
IndustryManufacturing
Founded
  • 1970 (as steel plant)[1]
  • 1986 (as company)
  • 11 December 1996 (1996-12-11) (as limited company)
FounderHuai'an Municipal Government
Headquarters188 Xi'an South Road,
Huai'an
,
China
ProductsSteel and coke
RevenueDecrease CN¥10.781 billion (2013)
Operating income
Increase CN¥35 million (2013)
Net income
Increase CN¥27 million (2013)
Total assetsIncrease CN¥8.131 billion (2013)
Total equityDecrease CN¥3.015 billion (2013)
Owner
  • Shagang Company (63.79%)
  • Jiangyin Wande (15.45%)
  • others (20.76%)
Footnotes / references
in a consolidated basis; equity and profit excluded minority interests; in Chinese Accounting Standards[2]
Jiangsu Shagang Group Huaigang Special Steel Co., Ltd.
Simplified Chinese江苏沙钢集团淮钢特钢股份有限公司
Traditional Chinese江蘇沙鋼集團淮鋼特鋼股份有限公司
Huaigang Special Steel
Simplified Chinese淮钢特钢
Traditional Chinese淮鋼特鋼
Huaigang
Simplified Chinese淮钢
Traditional Chinese淮鋼

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 (SZSE: 002075) 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.[3] 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.[4] Shagang Group sold 55.12% stake of Shagang Company in 2015, for about CN¥4.6 billion (or CN¥5.29 per share).[5]

As of 4 July 2017, Shagang Company is a constituent of SZSE 200 Index (mid cap index).[6]

  1. ^ "公司简介" [About us] (in Chinese). Huaigang Special Steel. Retrieved 25 November 2016.
  2. ^ Cite error: The named reference 2014bond was invoked but never defined (see the help page).
  3. ^ "2013 Annual Report" (PDF). Shagang Company (in Chinese). Shenzhen Stock Exchange. 26 April 2014. Retrieved 25 November 2016.
  4. ^ "2015 Annual Report" (PDF). Shagang Company (in Chinese). Shenzhen Stock Exchange. 31 March 2016. Retrieved 25 November 2016.
  5. ^ "华英证券有限责任公司关于李非文、刘振光、黄李厚、李强、王继满、朱峥、刘本忠、燕卫民、金洁不存在一致行动人关系之财务顾问核查意见" (PDF). Huaying Securities (in Chinese). Shenzhen Stock Exchange. 25 February 2015 [prepared on 16 February 2015]. Retrieved 26 November 2016.
  6. ^ 指数样本 [Constituents] (Microsoft Excel) (in Chinese (China)). Shenzhen Securities Information. 4 July 2017. Archived from the original on 1 November 2017. Retrieved 1 November 2017.

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