Shougang Group Co., Ltd., formerly Shougang Corporation is a Chinese state-owned steel company. Based in

Beijing } Beijing ( ; ; ), alternatively romanized as Peking ( ), is the capital of the People's Republic of China. It is the center of power and development of the country. Beijing is the world's most populous national capital city, with over 21 ...

, its the Shijingshan district operations were moved out of the city prior to the

Olympics The modern Olympic Games or Olympics (french: link=no, Jeux olympiques) are the leading international sporting events featuring summer and winter sports competitions in which thousands of athletes from around the world participate in a var ...

due to concerns over pollution. Its subsidiary and listed company, Beijing Shougang Co., Ltd. (), was established in 1999 and 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 Exch ...

in 2005. It also has 3 other subsidiaries listed on the Stock Exchange of China Hong Kong,

Shougang Concord International Shoucheng Holdings Limited () is the subsidiary of Beijing-based state-owned Shougang Group engaging in seven businesses: steel manufacturing, steel trading, shipping segment, electric generation, property investment and management and other c ...

(), Shougang Concord Century (), and Shougang Concord Grand () . The word "Shougang" () is an abbreviation of its Chinese name (), meaning "Capital Steel". Some publication also use Capital Iron and Steel Corporation as the transliteration.

History

The predecessor of Shougang, Shijingshan Steel Plant, was founded in 1919 in

Shijingshan District Shijingshan District () is an urban district of the municipality of Beijing. It lies to the west of the urban core of Beijing, and is part of the Western Hills area, bordering the districts of Haidian to the northeast and east, Fengtai to the s ...

, with accelerated growth since the founding of People's Republic of China in 1949. 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. The Shijingshan steel mill was shut down in 2011, thus becoming Shougang Park.

Big Air Shougang Big Air Shougang ( zh, c=首钢滑雪大跳台, p=Shǒugāng huáxuě dà tiàotái) is a sports stadium in the Shijingshan District in Beijing, China, built to host the big air events of the 2022 Winter Olympics. It is the world's first permanent ...

, one of the venues of

2022 Winter Olympics The 2022 Winter Olympics (2022年冬季奥林匹克运动会), officially called the XXIV Olympic Winter Games () and commonly known as Beijing 2022 (2022), was an international winter multi-sport event held from 4 to 20 February 2022 in Bei ...

, is built inside the former factory in 2019.

Foreign operations

The company has current operations in the pacific coast of Southern

Perú , image_flag = Flag of Peru.svg , image_coat = Escudo nacional del Perú.svg , other_symbol = Great Seal of the State , other_symbol_type = National seal , national_motto = "Firm and Happy fo ...

and is known as Shougang Hierro Perú. It operates the

Marcona Mine Marcona may refer to: * Marcona District, Nazca Province, Peru ** San Juan de Marcona, capital of Marcona District ** Marcona Mine, an open-pit iron mine in Marcona District Marcona District is one of five districts of the province Nazca in Pe ...

in the

Marcona District Marcona District is one of five districts of the province Nazca in Peru. The district capital is San Juan de Marcona a port on the Pacific coast. Marcona Mine The major industry in the Marcona District is the Marcona Mine, an open-pit iron mine ...

, an

open-pit Open-pit mining, also known as open-cast or open-cut mining and in larger contexts mega-mining, is a surface mining technique of extracting rock or minerals from the earth from an open-air pit, sometimes known as a borrow. This form of mining ...

iron mine acquired in 1992. There have been continuing labor troubles.Info portal at InfoMine.Com
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Sponsorship

The group was a sponsor of a football team and a basketball team.

References

External links

* {{Authority control Manufacturing companies established in 1919 Steel companies of China Companies owned by the provincial government of China Manufacturing companies based in Beijing Chinese companies established in 1919 1919 establishments in China