Shougang Corporation
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| Industry | Steel manufacturing, investment |
| Founded | 1919 |
| Founder | Longyan Iron Mine Limited |
| Headquarters | Beijing, China |
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Area served
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China |
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Key people
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Zhu Jimin (Chairman and Party Committee Secretary) |
| Owner | Government of Beijing (79.40%) |
| Parent | State-owned Assets Supervision and Administration Commission of the Government of Beijing |
| Subsidiaries | Beijing Shougang Co., Ltd. |
| Website | shougang.com.cn |
| Shougang Corporation | |||||||
| Simplified Chinese | 首钢总公司 | ||||||
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| Traditional Chinese | 首鋼總公司 | ||||||
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| Standard Mandarin | |
| Hanyu Pinyin | Shǒugāng zǒng gōngsī |
Shougang Corporation also known as Shougang Group (Chinese: 首钢集团) is one of China's largest steel companies. Based in Beijing, its operations have been moved out of the city prior to the Olympics due to concerns over pollution.
Its subsidiary and listed company, Beijing Shougang Co. Ltd. (: 000959), was established in 1999 and listed on the in 2005. It also has 3 other subsidiaries listed on the , Shougang Concord International (: 697), Shougang Concord Century (: 103), and Shougang Concord Grand (: 730) .
The word "Shougang" (Chinese: 首钢) came from the previous name of the corporation (Chinese: 首都钢铁公司; pinyin: Shǒudū gāngtiě gōngsī; literally: "Capital Iron and Steel Corporation").
Shougang was founded in 1919, with accelerated growth since the founding of People's Republic of China. As China reformed and opened itself to the outside world, as one of the core corporations in China, Shougang developed itself as well. Shougang focuses its business mainly on steel industry, the corporation also runs on mining, machinery and equipment development, electronics, building, real estate, and related services, in addition, they also developed business with overseas companies in order to form Shougang as a leading multi-diverse corporation.
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Wikipedia