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Hesteel Group Mining
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 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's subsidiary was already ...
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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 ...
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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 ...
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Guomao Company
Guomao may refer to: * Guomao, Beijing, area in Chaoyang District, the central business district of Beijing, China * Guomao Station (Beijing) Guomao Station () is an interchange station on Line 1 and Line 10 of the Beijing Subway at the China World Trade Center. ''Guomao'' is the Chinese abbreviation for ''China World Trade Center''. It is located in Chaoyang District. The station ..., subway train station at Line 1 and Line 10 of Beijing Subway * Guomao Station (Shenzhen), subway train station at Line 1 of Shenzhen Metro {{disambig ...
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Hesteel Group Mining
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 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's subsidiary was already ...
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Jingtang
The Port of Jingtang () is an artificial deep-water international seaport on the coast of Tangshan Municipality, Hebei, in Northern China. It is part of the Tangshan port complex, which consists of Jingtang, Caofeidian and Fengnan ports. Combined, they constitute the 9th largest port in China. Jingtang port is separately but considered along with Caofeidian and Fengnan as Tangshan port for statistical purposes. The Port of Tangshan is one of the fastest growing ports in the world and is counted among the ten largest ports of China. History Location and Layout Jingtang port is located in Bohai bay (Bohai sea) close to the port of Tianjin. : It is part of Tangshan port (along with Caofeidian and Fengnan), though Jingtang has a separate UN Locode and is specified as a separate entity in maritime charter parties and in bills of lading. The closest airport to the port is that of Tianjin Tianjin is a direct-administered municipality in North China, northern China on the sh ...
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Hengshui Thin Steel
} Hengshui ( zh, s=衡水) is a prefecture-level city in southern Hebei province, People's Republic of China, bordering Shandong to the southeast. It borders Shijiazhuang City to the west, Xingtai City to the south, and Baoding City and Cangzhou City to the north. As of the 2020 census its population was 4,212,933 inhabitants, out of whom 805,000 lived in the built-up (''or metro'') area made of Taocheng urban district. It is on the Beijing–Kowloon railway. Hengshui has a long history and profound cultural heritage. During the Three Kingdoms period, Yuan Shao once stationed millions of troops in Jizhou to compete with Cao Cao. Dong Zhongshu, a great philosopher of the Western Han Dynasty and a great master of the Confucian school, was born in Hengshui Jing County. Hengshui now has two national-level cultural relics protection units: the Jingxian Fengshi Tombs and the Relic Pagoda, plus the Houzhong Han Tomb, Shuangzhong Han Tomb, Xiyuantou Han Tomb in Jizhou, the Qinglin Temple ...
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Wuyang Steel
Wuyang may refer to Chinese places: *Wuyang County, in Henan, China * Wuyang New Town, in Guangzhou, Guangdong, China Towns and townships * Wuyang, Suining (武阳镇), a town of Suining County, Hunan province. *Wuyang, Zhang County Wuyang is a town of Zhang County, Gansu, China. It is also the county seat of Zhang County, and is located along the Zhang River. It was established in 1949 as Chengguan town. In 2003 it was merged with Mulin township (木林乡) and renamed to Wu ...
(武阳镇), town and county seat of Zhang County, Gansu {{disambig, geo ...
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Xuansteel
Xuanhua Steel Group Co., Ltd.() or Xuansteel is a state-owned iron and steel enterprise located in Xuanhua District, Hebei Province, China, which is mainly engaged in Steel business. In 2006, the company incoperated into the Tangsteel Group. In 2008, Tangsteel merged with Hansteel and formed the Hebei Steel Group (Hesteel), becoming China's largest and the world's fifth largest steel company. In 2016, Hebei Province introduced a plan to shut down the old factory in Xuanhua District, Zhangjiakou before 2020, and start the construction of new factory located in Laoting County, 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 t ... in April, 2017. References Government-owned companies of China Steel companies of China Companies based in Zhangjiakou Chinese companies es ...
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Hesteel Serbia
The HBIS GROUP Serbia Iron & Steel, commonly known as the Hesteel Serbia ( sr-Cyrl-Latn, Хестил Србија, Hestil Srbija, separator=" / ") or Železara Smederevo ( sr-Cyrl, Железара Смедерево), is a Serbian steel manufacturing conglomerate with the headquarters in Belgrade. It operates with facilities in Radinac ( steel plant, hot and cold rolling mill), Smederevo (harbor), Šabac (tinplate) and Kučevo (limestone mining). History 1913–2003: SARTID On 20 February 1913, the company was founded under the name ''SARTID'' a.d. (''Srpsko akcionarsko rudarsko topioničarsko industrijsko društvo'' a.d.). In the beginning, mainly foreign investors were shareholders of the company. During the period from 1945 to 1992, the Government of Socialist Federal Republic of Yugoslavia operated the steel plant. Many new factories were opened in that period, while Železara Smederevo was seen as a pillar of the Yugoslav metallurgy. During the 1990s, the company's valu ...
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Shijiazhuang Iron And Steel
Shijiazhuang; Mandarin: ; formerly known as Shimen and romanized as Shihkiachwang is the capital and most populous city of China's Hebei Province. A prefecture-level city southwest of Beijing, it administers eight districts, three county-level cities and eleven counties, and is east of the Taihang Mountains, which extend over from north to south with an average elevation of . At the 2020 census, the city had a population of 11,235,086, with 6,230,709 in the built-up area comprising all urban districts except Jingxing District and Zhengding County, the twelfth largest in mainland China. Shijiazhuang experienced dramatic growth after the founding of the People's Republic of China in 1949. The population of the metropolitan area has more than quadrupled in thirty years as a result of industrialization and infrastructural developments. From 2008 to 2011, Shijiazhuang implemented a three-year plan, resulting in an increase of green areas and new buildings and roads. A railway s ...
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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 ...
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