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Hansteel Group
Handan Iron and Steel Group or Hansteel is a state-owned iron and steel enterprise engaging in the manufacturing, processing, and sale of black metal, billet, steel rolling, carbamide, sintering mineral, metallurgical machinery parts, and coke. It was established in 1958 and it is headquartered in Handan, Hebei, China. Its subsidiary company, Handan Iron and Steel Company Limited (), was established in 1996 and was listed on the Shanghai Stock Exchange in 1998. In 2008, Hansteel merged with Tangsteel Group of Tangshan, Hebei, to become Hebei Iron and Steel Group Hesteel Group Company Limited is a Chinese iron and steel manufacturing conglomerate, also known as Hesteel Group or its pinyin shortname Hegang. The company was also known as Hebei Iron and Steel Group Co., Ltd. or HBIS until 2016 (). Hesteel G ..., which is the fifth largest steel producer in the world. Their listed subsidiaries were also merged to form Hebei Iron and Steel Company. References External linksHa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State-owned Enterprise
A state-owned enterprise (SOE) is a business entity created or owned by a national or local government, either through an executive order or legislation. SOEs aim to generate profit for the government, prevent private sector monopolies, provide goods at lower prices, implement government policies, or serve remote areas where private businesses are scarce. The government typically holds full or majority ownership and oversees operations. SOEs have a distinct legal structure, with financial and developmental goals, like making services more accessible while earning profit (such as a state railway). They can be considered as government-affiliated entities designed to meet commercial and state capitalist objectives. Terminology The terminology around the term state-owned enterprise is murky. All three words in the term are challenged and subject to interpretation. First, it is debatable what the term "state" implies (e.g., it is unclear whether municipally owned corporations and ente ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Carbamide
Urea, also called carbamide (because it is a diamide of carbonic acid), is an organic compound with chemical formula . This amide has two amino groups (–) joined by a carbonyl functional group (–C(=O)–). It is thus the simplest amide of carbamic acid. Urea serves an important role in the cellular metabolism of nitrogen-containing compounds by animals and is the main nitrogen-containing substance in the urine of mammals. ''Urea'' is Neo-Latin, , , itself from Proto-Indo-European ''*h₂worsom''. It is a colorless, odorless solid, highly soluble in water, and practically non-toxic ( is 15 g/kg for rats). Dissolved in water, it is neither acidic nor alkaline. The body uses it in many processes, most notably nitrogen excretion. The liver forms it by combining two ammonia molecules () with a carbon dioxide () molecule in the urea cycle. Urea is widely used in fertilizers as a source of nitrogen (N) and is an important raw material for the chemical industry. In 1828, Fri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manufacturing Companies Established In 1958
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of the secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed into a final p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hesteel Company
Hesteel Group Company Limited is a Chinese iron and steel manufacturing conglomerate, also known as Hesteel Group or its pinyin shortname Hegang. The company was also known as Hebei Iron and Steel Group Co., Ltd. or HBIS until 2016 (). Hesteel Group is the list of steel producers, second-largest steel producer in the world measured by crude steel output (after European-Indian conglomerate ArcelorMittal) in 2015, according to the World Steel Association (Chinese companies data was provided by China Iron and Steel Association). After the announcement of the merger of Baosteel Group and Wuhan Iron and Steel Corporation (WISCO) in September 2016, Baowu Steel Group's pro forma production volume in 2015 would be the second in the world, exceeding Hesteel Group. However, Hesteel Group, Baosteel Group and WISCO all announced the cut in production capacity, in response to the market demand and government policy, thus the final ranking could not be predicted. By net assets, Baosteel Group' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tangshan
Tangshan ( zh, c=唐山 , p=Tángshān) is a coastal, industrial prefecture-level city in the northeast of Hebei province. It is located in the eastern part of Hebei Province and the northeastern part of the North China Plain. It is located in the central area of the Bohai Economic Rim, Bohai Rim and serves as the main traffic corridor to the Northeast China, Northeast. The city faces the Bohai Sea in the south, the Yan Mountains in the north, Qinhuangdao across the Luan River to the east, and Tianjin to the west. Much of the city's development is thanks to the industrialization, beginning in 1870, when Kailuan Group established coal mines in the region. It is the birthplace of China's first standard-gauge railway, the first railway plant, the first steam locomotive, and the first cement factory. It was hailed as China's "cradle of industrialization". Even today, Tangshan is a hub of steel, energy, Chemical engineering, chemical, and ceramics production. Ping opera, which origina ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tangsteel Group
Tangshan Iron and Steel Group Company Limited, or Tangsteel, founded in 1943 and headquartered in Tangshan, Hebei, is one of the largest steel manufacturing state-owned enterprise in China. Its subsidiary and listed company, Tangshan Iron and Steel Company Limited () was established in 1994 and it was listed on the Shenzhen Stock Exchange The Shenzhen Stock Exchange (SZSE; ) is a stock exchange based in the city of Shenzhen, in the People's Republic of China. It is one of three stock exchanges operating independently in Mainland China, the others being the Beijing Stock Excha ... in 1997. In 2005 it formed a joint venture Jingtang United Iron and Steel with Shougang Group. Tangsteel Group owned 49%. In 2006, Tangsteel merged with Xuanhua Iron & Steel Group and Chengde Iron and Steel Group to form "New Tangsteel Iron and Steel Group". In 2008, Tangsteel merged with Hansteel Group to form " Hebei Iron and Steel Group", which is the largest steel maker in China and the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shanghai Stock Exchange
The Shanghai Stock Exchange (, SSE) is a stock exchange based in the city of Shanghai, China. It is one of the three stock exchanges operating independently in mainland China, the others being the Beijing Stock Exchange and the Shenzhen Stock Exchange. The Shanghai Stock Exchange is the world's third-largest stock market by market capitalization, exceeding $6 trillion in July 2024. It is also Asia's biggest stock exchange. Unlike the Hong Kong Stock Exchange, the Shanghai Stock Exchange is still not entirely open to foreign investors and often affected by the decisions of the central government due to capital account controls exercised by the Chinese mainland authorities. In 1891, Shanghai founded China's first exchange system. The current stock exchange was re-established on November 26, 1990, and was in operation on December 19 of the same year. It is a non-profit organization directly administered by the China Securities Regulatory Commission (CSRC). History The formati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
China
China, officially the People's Republic of China (PRC), is a country in East Asia. With population of China, a population exceeding 1.4 billion, it is the list of countries by population (United Nations), second-most populous country after India, representing 17.4% of the world population. China spans the equivalent of five time zones and Borders of China, borders fourteen countries by land across an area of nearly , making it the list of countries and dependencies by area, third-largest country by land area. The country is divided into 33 Province-level divisions of China, province-level divisions: 22 provinces of China, provinces, 5 autonomous regions of China, autonomous regions, 4 direct-administered municipalities of China, municipalities, and 2 semi-autonomous special administrative regions. Beijing is the country's capital, while Shanghai is List of cities in China by population, its most populous city by urban area and largest financial center. Considered one of six ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Headquartered
Headquarters (often referred to as HQ) notes the location where most or all of the important functions of an organization are coordinated. The term is used in a wide variety of situations, including private sector corporations, non-profits, military organizations, religious groups, sports leagues and so on. It usually implies a geographically dispersed organization with a clear hierarchical structure. Corporate In the private sector, the corporate headquarters is the entity at the top of a corporation that takes responsibility for managing all business activities. The intended benefit of headquarters is to carry out purposeful regulatory capacity and ensure corporate governance. The corporate headquarters is a key element of a corporate structure and covers different corporate functions including strategic planning, corporate communications, tax payments, legal operations, marketing, finance, human resources, information technology, and procurement. This entity includes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Coke (fuel)
Coke is a grey, hard, and porous coal-based fuel with a high carbon content. It is made by heating coal or petroleum in the absence of air. Coke is an important industrial product, used mainly in iron ore smelting, but also as a fuel in stoves and forges. The unqualified term "coke" usually refers to the product derived from low-ash and low-sulphur bituminous coal by a process called coking. A similar product called petroleum coke, or pet coke, is obtained from crude petroleum in oil refinery, petroleum refineries. Coke may also be formed naturally by geology, geologic processes.B. Kwiecińska and H. I. Petersen (2004): "Graphite, semi-graphite, natural coke, and natural char classification — ICCP system". ''International Journal of Coal Geology'', volume 57, issue 2, pages 99-116. It is the residue of a destructive distillation process. Production Industrial coke furnaces The industrial production of coke from coal is called coking. The coal is baked in an airless k ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Machinery
A machine is a physical system that uses power to apply forces and control movement to perform an action. The term is commonly applied to artificial devices, such as those employing engines or motors, but also to natural biological macromolecules, such as molecular machines. Machines can be driven by animals and people, by natural forces such as wind and water, and by chemical, thermal, or electrical power, and include a system of mechanisms that shape the actuator input to achieve a specific application of output forces and movement. They can also include computers and sensors that monitor performance and plan movement, often called mechanical systems. Renaissance natural philosophers identified six simple machines which were the elementary devices that put a load into motion, and calculated the ratio of output force to input force, known today as mechanical advantage. Modern machines are complex systems that consist of structural elements, mechanisms and control compo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
