Shougang Group

Shougang Group Co., Ltd.
首钢集团有限公司
FormerlyShougang Corporation
Company typeState-owned enterprise
IndustrySteel manufacturing, investment
Founded1919
FounderLongyan Iron Mine Limited
Headquarters
Beijing
,
China
Area served
China
Key people
Zhu Jimin (Chairman and Party Committee Secretary)
OwnerGovernment of Beijing [zh] (79.40%)
ParentState-owned Assets Supervision and Administration Commission of the Government of Beijing
SubsidiariesBeijing Shougang Co., Ltd., Shougang Tonghua (Jilin)
Chinese name
Simplified Chinese首钢集团有限公司
Transcriptions
former name
Simplified Chinese首钢总公司
Traditional Chinese首鋼總公司
Transcriptions
Standard Mandarin
Hanyu PinyinShǒugāng zǒng gōngsī
Websitewww.shougang.com.cn

Shougang Group Co., Ltd., formerly Shougang Corporation is a Chinese state-owned steel company. Based in Beijing, its Shijingshan district operations were moved out of the city prior to it hosting the 2008 Summer Olympics due to concerns over pollution.[1][2]

Its subsidiary and listed company, Beijing Shougang Co., Ltd. (SZSE: 000959), was established in 1999 and listed on the Shenzhen Stock Exchange in 2005. It also has 3 other subsidiaries listed on the Stock Exchange of China Hong Kong, Shougang Concord International (SEHK697), Shougang Concord Century (SEHK103), and Shougang Concord Grand (SEHK730).[3]

The word "Shougang" (Chinese: 首钢) is an abbreviation of its Chinese name (Chinese: 铁公司; pinyin: Shǒugāngtiě gōngsī; lit. 'Capital Steel and Iron Corporation'), meaning "Capital Steel".[4]: 49  Some publications also use Capital Iron and Steel Corporation as the translation of the name.[5]

  1. ^ Martin, Greg. "BEIJING'S FORMER INDUSTRIAL COMPLEX SHOUGANG DISTRICT SEES SUSTAINABLE URBAN REGENERATION PUSH". Olympic.org. Retrieved 24 January 2021.
  2. ^ Beijing steel plant to relocate
  3. ^ SHOUGANG GROUP TO RESTRUCTURE HK-LISTED SUBSIDIARIES[dead link]
  4. ^ Hu, Richard (2023). Reinventing the Chinese City. New York: Columbia University Press. ISBN 978-0-231-21101-7.
  5. ^ 黎晨 [Li Chen] (2015). China's Centralized Industrial Order. Abingdon-on-Thames: Routledge. ISBN 9781317910558.