Steel Industry | Basic Materials Sector | Mr. Hongjian Qian CEO | XSHE Exchange | CNE000001P11 ISIN |
CN Country | 4,366 Employees | - Last Dividend | 16 Oct 2015 Last Split | 25 Oct 2006 IPO Date |
Jiangsu Shagang Co., Ltd., initially established as Jiangsu Huaigang Group Co., Ltd. in 1970, stands today as a formidable player in the steel industry, with operations spreading both domestically within China and internationally across numerous continents including Europe, North America, South America, Southeast Asia, Oceania, and Africa. Headquartered in Zhangjiagang, China, the company has carved a niche for itself in the development, smelting, processing, and sales of an extensive range of ferrous metal products. Beyond its core offerings in steel, Jiangsu Shagang has diversified its operations to include activities in real estate development, sales, finely ground slag powder and slag cement production, steel trading, and recycling of renewable resources, among other ventures. This holistic approach to business has positioned Jiangsu Shagang as a dynamic entity in the industry, able to cater to a wide array of needs in aerospace, marine engineering, high-rise constructions, bridges, pipelines, petrochemicals, automotive, home appliances, food packaging, and more. The brand name "Shagang" symbolizes quality and reliability in steel products, characterizing the company's commitment to excellence in all its endeavors.
Jiangsu Shagang produces a variety of special steel products including spring steel, gear steel, bearing steel, axle steel, wheel steel, anchor chain steel, non-quenched and tempered steel, and more. These are designed for high-performance applications in demanding industries such as aerospace and marine engineering.
Under the construction materials, the company offers thick plates, hot rolled plates, cold rolled plates, ultra-thin strips, and high-speed wire rods, along with coiled wire rods and ribbed steel bars. These materials play a critical role in building infrastructure, including high-rise buildings, bridges, and pipelines.
With products tailored for the automotive and home appliance sectors, Jiangsu Shagang supports manufacturing needs in these industries, fostering innovation and quality in everyday and specialized products.
The company extends its offerings to the food industry by providing materials for food packaging, ensuring safety, durability, and compliance with industry standards.
Aside from manufacturing, Jiangsu Shagang is involved in a broad spectrum of services such as steel trade, installation, construction, decoration services, and sales of gasoline, diesel, and lubricating oils. This comprehensive service range underscores the company's versatility and commitment to customer satisfaction.
Diversifying its portfolio, Jiangsu Shagang engages in real estate development and sales, alongside asset management and investment management activities. This expansion into real estate and finance demonstrates the company's adaptability and foresight in capitalizing on market opportunities.
The company also places a strong emphasis on sustainability by recycling renewable resources and producing environmentally friendly products like finely ground slag powder and slag cement, contributing to greener construction practices.