Benxi Iron and Steel
| state-owned enterprise | |
| Industry | Iron and steel manufacturing |
| Founded |
|
| Headquarters | Benxi, China |
| Revenue |
 CN¥65.251 billion (2014) |
 CN¥301.825 million (2014) |
|
| Profit |
CN¥105.685 million (2014) |
| Total assets |
CN¥142.951 billion (2014) |
| Total equity |
CN¥36.817 billion (2014) |
| Owner |
|
| Parent | Liaoning SASAC |
| Subsidiaries |
|
| Website | www |
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Footnotes / references in a consolidated basis |
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| Benxi Steel Group Corp., Ltd. | |||||||
| Simplified Chinese | 本钢集团有限公司 | ||||||
|---|---|---|---|---|---|---|---|
| Traditional Chinese | 本鋼集團有限公司 | ||||||
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| Alternative Chinese name | |||||||
| Simplified Chinese | 本钢集团 | ||||||
| Traditional Chinese | 本鋼集團 | ||||||
| Literal meaning | Bengang Group | ||||||
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| Benxi Iron and Steel | |||||||
| Simplified Chinese | 本溪钢铁 | ||||||
| Traditional Chinese | 本溪鋼鐵 | ||||||
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| Transcriptions | |
|---|---|
| Standard Mandarin | |
| Hanyu Pinyin | Běngāng jítuán yǒuxiàn gōngsī |
| Transcriptions | |
|---|---|
| Standard Mandarin | |
| Hanyu Pinyin | Běngāng jítuán |
| Transcriptions | |
|---|---|
Benxi Steel Group Corp., Ltd. known as Benxi Steel Group (or Bengang in China) is a Chinese holding company based in Benxi, Liaoning Province, for two steel making group.
The company was formed in 2010 as the holding company for Benxi Iron and Steel (Group) Co., Ltd. (Chinese: 本溪钢铁(集团)有限责任公司) and Beitai Iron and Steel (Group) Co., Ltd. (Chinese: 北台钢铁(集团)有限责任公司), the latter now known as Benxi Beiying Iron and Steel (Group) Co., Ltd. (Chinese: 本溪北营钢铁(集团)股份有限公司).
According to World Steel Association (Chinese companies data was provided by China Iron and Steel Association), the corporation was ranked the 21st in 2015 the world ranking by production volume.
It was owned by State-owned Assets Supervision and Administration Commission (SASAC) of Liaoning Provincial People's Government.
In 1905, after the Russo-Japanese War, Liaoning fall under the sphere of influence of Japan. Japanese Okura Kihachiro opened a coal mine in Benxi. After the protest of Qing Government, it became a Sino-Japanese joint venture in 1910 (as Chinese: 本溪湖商辦煤礦業有限公司; literally: "Benxi Lake Commerial Coal Mining Company Limited"). In the next year the company added "Iron" in the denomination (as Chinese: 本溪湖煤鐵有限公司; literally: "Benxi Lake Coal and Iron Company Limited"). After the Mukden Incident, the company was under sole Japanese control until the end of World War II. During Chinese Civil War, in 1948 the company and Liaoning fall under Communist Party of China controls. In 1953, the coal mine was separated from the company as Benxi Mining Bureau. (now part of Shenyang Coal Industry) The steel refinery was also modified under the aid of Soviet Union as 1 of 156 important construction projects of the First Five-year plan of China. It was one of the 512 important state-owned enterprises in 1997. (1 of 47 iron and steel insudtry)
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