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Masteel Group

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speculated by the journalist that the enlarged China Baowu Steel Group could reach 100 million metric tons of steel production capacity by their methodology, despite by equity ratio, Baowu only owned 22.23% shares of the indirect subsidiary Maanshan Iron and Steel Co., Ltd., the steel production entity of Masteel Group.
799:, which from 2014 to the date of the news article was written (circa 2018), the subsidiary had planted 12,000 trees, as well as a capital investment of more than CN¥7 million. The subsidiary was established in 2011 by merging subsidiaries and divisions into one subsidiary; The mining subsidiary owned 5 mines, namely: 764:
After not involving in steel business directly since the establishment of the listed subsidiary in 1993, the Masteel Group and the listed subsidiary formed a joint venture in trading scarp steel in 2012, which Masteel Group owned 55% stake of the joint venture, while the listed subsidiary owned 45%
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in year 2018, while Masteel Group was ranked the 16th. In 2018, China Baowu Steel Group and their subsidiaries had produced 67.43 million metric tons of steel, while Masteel Group, including the subsidiary Maanshan Iron and Steel Co., Ltd., had produced 19.64 million metric tons. It was
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division. In 2012, the public relation division of the group had told the journalist that the real estates were for the employees of the group, and not-for-sale to the general public. However, some of the fellow steel producers were selling their developed property to the general public.
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After the split, Masteel Group had transformed into a holding company which owns the controlling stake of the listed company, as well as other auxiliary divisions such as education, hospitals and mining. According to news report, the unlisted portion of the group also had a
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Nevertheless, Masteel Group purchased a land in 2009, but sold the land and the properties that was under construction to other investors in 2018. A section of that land had been developed by Masteel Group and the apartments and house were sold already.
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In 2004, Masteel Group transferred 17 primary and secondary schools to the relevant provincial authority. In 2005, the hospital of the group was sold to the employees of the hospital, with the group retained 27.79% shares. Hengkang Medical Group
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or transliterated as "Maanshan Iron and Steel Corporation"). In the 1950s, it was considered as one of the 5 medium-sized steel plants of the People's Republic of China, behind the top 3 at that time:
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The listed subsidiary of Masteel Group, disclosed that the company had produced 19.64 million metric tons of crude steel and had further processed into 18.70 million metric tons of steel.
717:) for short. Maanshan Iron and Steel Company Limited was one of the first state-owned enterprises of the People's Republic of China to be a listed company. It was also the largest 659:, in the 1980s to 1990s, 85% of the tax revenue of the Ma'anshan city, were contributed by the group. The group also employed 90,000 out of 2 million citizens at its peak. 1922: 1635: 1545: 650:, the mine became a supplier of Baoshan Iron & Steel instead. The administration of the mine was also transferred to the metallurgical bureau of Zhenjiang city. 875:
For example, World Steel Association had stated "30%-50% ownership, pro-rata tonnage is included" and not including minority ownership (less than 30% ownership).
761:), a listed company, was attempted to purchase the hospital from the new owners in 2018. As of 2018, Masteel Group still owned 6.48% shares of the hospital. 590:'Ma'anshan iron plant') in the city named 马鞍山 which means "horse saddle hill". In 1958, it was renamed to "Maanshan Iron and Steel Company", ( 674: 668: 551: 275: 20: 1628: 1952: 1707: 1613: 1380: 1932: 546:
and Anhui Provincial People's Government's State-owned Assets Supervision and Administration Commission (SASAC). It is headquartered in
1128: 1236: 1947: 1927: 1901: 1651: 1621: 838: 1697: 1823: 1754: 1714: 777: 603: 832: 827: 1860: 1813: 1428: 460: 385: 310: 1150: 1724: 788: 754: 742: 734: 710: 702: 686: 678: 591: 577: 446: 371: 296: 1400: 1867: 781: 542:, is one of the major Chinese iron and steel enterprises. Since 2019, it is a joint venture of central government owned 1662: 980: 694: 826:
acquired 51% stake of Masteel Group from the State-owned Assets Supervision and Administration Commission (SASAC) of
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stake. In 2019, a CN¥300 million capital increase of the scarp steel trading joint venture was announced.
1735: 1719: 1692: 846: 842: 823: 698: 543: 263: 236: 1885: 1833: 1771: 1702: 1241:(Press release) (in Chinese (China)). Magang (Group) Holding – via Anhui Assets and Equity Exchange. 647: 76: 1759: 773: 1252: 837:
for free. The acquisition also included the indirect controlling stake (45.54%) of the list subsidiary
554:, which was a listed company since 1993. However, the group had a significant part remained unlisted. 1776: 1764: 1685: 1485: 726: 220: 796: 1101: 768:
In terms of assets, as at 31 December 2015, Masteel Group, including the listed subsidiary, owned
685:), which the original "Ma'anshan Iron and Steel Company" was renamed to "Magang Holding Company" ( 1257:[About us] (in Chinese (China)). Anhui Vocational College of Metallurgy and Technology. 1798: 1749: 1019: 646:
city, was under the administration of the group. However, after the establishment of Shanghai
897: 1667: 1174: 1100: 622: 558: 483: 416: 341: 1047:(prospectus) (in Chinese (China)). Maanshan Iron and Steel Company Limited. 1 November 1993 1791: 1268: 655: 1205: 1175: 576:
Ma Steel Group, as a steel plant, was founded in 1953 as "Maanshan Iron Mining Plant" (
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on 6 January 1994; the latter, was renamed to Magang (Group) Holding Company Limited (
1916: 1828: 1803: 1781: 1680: 599: 784:. In the same reporting period, the listed subsidiary owned CN¥62.454 billion. 1744: 1328: 709:) in 1998. Magang (Group) Holding Company Limited was also known as Masteel Group ( 618: 607: 490: 423: 348: 547: 112: 841:
Baowu was owned by Central Government (The State Council)'s SASAC. According to
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In 2003, the university of the group for the continuous education of the staff (
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According to the company, the steel plant was the first Chinese manufacturer of
19:"Ma'anshan Iron and Steel Group" redirects here. For the listed subsidiary, see 1072: 741:), was transformed into Anhui Vocational College of Metallurgy and Technology ( 550:, Anhui province. The group produced iron and steel via its listed subsidiary 270: 42: 33: 1023: 1513: 1437:(Report) (in Chinese (China)). Maanshan Iron and Steel Company Limited. 2016 1286: 643: 639: 984: 1514:"Zhōngguó bǎowǔ "wúcháng" shōugòu mǎgāng gāngtiěyè jiānbìng chóngzǔ tísù" 1786: 769: 718: 564: 1308:(Press release) (in Chinese (China)). Hengkang Medical Group. April 2018 787:
According to a news report, the mining subsidiary of Masteel Group (
1356: 1646: 1617: 631: 930:(Report). Maanshan Iron and Steel Company Limited. April 2019 1389:(in Chinese (Hong Kong)). Hong Kong Economic Times Holdings. 1603: 520: 1102:"China's laid-off workers pose daunting welfare challenge" 1099:
Feng, Emily (16 November 2017). Written at Ma'anshan.
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Companies owned by the provincial government of China
1129:"MAANSHAN IRON & STEEL CO. LTD. - H SHARES (323)" 938:– via Hong Kong Exchanges and Clearing Limited. 495: 428: 353: 1077:(in Chinese (China)). Vol. 28 冶金工业. 镇江市地方志编纂委员会 952:. Ma'anshan: Magang (Group) Holding. 22 October 2018 1298: 1296: 515: 489: 482: 477: 459: 445: 440: 422: 415: 410: 398: 384: 370: 365: 347: 340: 335: 323: 309: 295: 290: 269: 257: 228: 213: 186: 159: 134: 124: 107: 99: 82: 72: 52: 40: 919: 917: 749:). The university itself was founded in 1983. 1629: 1155:(in Chinese (China)). Shanghai Stock Exchange 465: 451: 390: 376: 315: 301: 8: 1037: 1035: 1033: 26: 1923:Manufacturing companies established in 1953 1523:(in Chinese (China)). Shanghai. 3 June 2019 585: 1636: 1622: 1614: 1131:. Hong Kong Exchanges and Clearing Limited 673:In 1993, a subsidiary was incorporated as 474: 407: 332: 327:Ma steel (group) holding, limited company 219: 25: 975: 973: 971: 969: 967: 635:] in the People's Republic of China. 983:. Magang (Group) Holding. Archived from 845:, China Baowu Steel Group was the world 1494:(in Chinese (China)). Ma'anshan: 马鞍山日报社 1433:[2015 Annual Report (A share)] 1277:(in Chinese (China)). 20 September 2004 1231: 1229: 1018:(1). Hebei Academy of Social Sciences. 902:(Press release). Magang (Group) Holding 888: 859: 847:second-largest steel producer by volume 675:Maanshan Iron and Steel Company Limited 669:Maanshan Iron and Steel Company Limited 552:Maanshan Iron and Steel Company Limited 276:Maanshan Iron and Steel Company Limited 21:Maanshan Iron and Steel Company Limited 1551:. World Steel Association. 6 June 2019 1540: 1538: 1465:(in Chinese (China)). 19 November 2018 1409:(Report). Magang (Group) Holding. 2016 1200: 1198: 822:In mid-2019, central government owned 721:initial public offering at that time. 1725:Xinjiang Ba Yi Iron & Steel Group 355:Mǎgāng (jítuán) kònggǔ yǒuxiàn gōngsī 7: 1708:Wuhan Iron and Steel Company Limited 1445:– via Shanghai Stock Exchange. 1094: 1092: 828:Anhui Provincial People's Government 217:91,784,330,000 renminbi (2018)  1214:(in Chinese (China)). 13 March 2012 14: 1579:(in Chinese (China)). 3 June 2019 839:Maanshan Iron and Steel Co., Ltd. 536:Ma gang (Group) Holding Co., Ltd. 27:Ma Gang (Group) Holding Co., Ltd. 16:Chinese iron and steel enterprise 1897: 1896: 1824:Panzhihua New Steel and Vanadium 1755:Chongqing Iron and Steel Company 1715:Wuhan Iron and Steel Corporation 1645: 1183:. No. 1003. 30 October 1993 795:) had significantly invested in 778:consolidated financial statement 693:). The former was listed on the 561:, the company was nicknamed as " 402:Ma'anshan steel and iron company 62:Ma'anshan Iron and Steel Company 32: 950:"Brief introduction to Masteel" 1861:Shougang Concord International 1814:Nanjing Iron and Steel Company 1361:(in Chinese (China)). 马钢废钢有限公司 1181:International Financing Review 816: 812: 808: 804: 800: 792: 758: 746: 738: 714: 706: 690: 682: 595: 581: 496: 466: 452: 429: 391: 377: 354: 316: 302: 1: 1841:Shandong Iron and Steel Group 1417:– via chinabond.com.cn. 1405:[2015 Annual Report] 1953:1953 establishments in China 1868:Taiyuan Iron and Steel Group 1856:Tonghua Iron and Steel Group 925:2018 Annual Report (H share) 782:Chinese accounting standards 697:on 3 November 1993 and the 695:Stock Exchange of Hong Kong 642:mine located in Chuanshan, 246:Anhui provincial government 59:Ma anshan Iron Mining Plant 1969: 1933:Holding companies of China 1316:– via eastmoney.com. 666: 18: 1894: 1736:Maanshan Iron & Steel 1676: 1658: 1546:"Top steelmakers in 2018" 1006:荣文丽; 武力 (January 2013). 626: 511: 507: 473: 406: 331: 286: 282: 178:(via unlisted subsidiary) 149:Party Committee Secretary 31: 1948:Companies based in Anhui 1928:Steel companies of China 1881:Tianjin Pipe Corporation 1819:Panzhihua Iron and Steel 1698:Baoshan Iron & Steel 1652:Steel companies of China 1609:(in Chinese and English) 1571: 1515: 1486: 1457: 1429: 1401: 1381: 1357: 1329: 1304: 1269: 1253: 1237: 1206: 1151: 1067: 1043: 1007: 898: 896:魏尧 (7 September 2018). 461:Traditional Chinese 430:Mǎ'ānshān gāngtiě gōngsī 386:Traditional Chinese 311:Traditional Chinese 1872:Taigang Stainless Steel 1720:Shaoguan Iron and Steel 1484:廖岚钧 (5 February 2018). 1055:– via jrj.com.cn. 843:World Steel Association 824:China Baowu Steel Group 699:Shanghai Stock Exchange 544:China Baowu Steel Group 447:Simplified Chinese 372:Simplified Chinese 297:Simplified Chinese 264:China Baowu Steel Group 237:China Baowu Steel Group 170:(via listed subsidiary) 1886:Tiangong International 1834:Huaigang Special Steel 1772:Fengbao Iron and Steel 1703:Meishan Iron and Steel 1577:Beijing Business Today 1516:中国宝武“无偿”收购马钢 钢铁业兼并重组提速 1382:馬鋼(323)向廢鋼公司增資1.35億人民幣 1335:Beijing Business Today 1176:"CHINA - Demand rises" 1152:公司概况 马鞍山钢铁股份有限公司600808 1014:(in Chinese (China)). 648:Baoshan Iron and Steel 77:State-owned enterprise 65:Magang Holding Company 1875:Linfen Iron and Steel 1760:Dongbei Special Steel 1777:Fushun Special Steel 1765:Beiman Special Steel 1686:Angang Steel Company 1337:(in Chinese (China)) 1330:恒康医疗拟逾9亿收购马鞍山市中心医院股权 727:property development 1463:China Industry News 1207:全行业陷入亏损 十大钢企过半涉足房地产 987:on 30 December 2004 797:mine rehabilitation 776:of total assets in 89:Steel manufacturing 28: 1663:Companies of China 1327:刘凤茹 (1 May 2018). 1910: 1909: 1799:Hunan Valin Steel 1750:Benxi Steel Group 1693:Baowu Steel Group 1238:马钢集团金海岸名邸转让项目招商公告 588: 533: 532: 503: 502: 484:Standard Mandarin 436: 435: 417:Standard Mandarin 361: 360: 342:Standard Mandarin 253: 252: 209: 208: 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Index

Maanshan Iron and Steel Company Limited

Trade name
State-owned enterprise
Ma'anshan
Party Committee Secretary
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China Baowu Steel Group
Parent
China Baowu Steel Group
Subsidiaries
Maanshan Iron and Steel Company Limited
Simplified Chinese
Traditional Chinese
Standard Mandarin
Hanyu Pinyin
Simplified Chinese
Traditional Chinese
Standard Mandarin
Hanyu Pinyin
Simplified Chinese
Traditional Chinese
Standard Mandarin
Hanyu Pinyin
www.magang.com.cn
China Baowu Steel Group
Ma'anshan
Maanshan Iron and Steel Company Limited
Chinese language
Jiangnan

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