Dongbei Special Steel | |
Type: | state-owned enterprise |
Founded: | 2004 |
Founder: | Liaoning and Heilongjiang Governments |
Hq Location City: | Dalian, Liaoning |
Hq Location Country: | China |
Revenue Year: | 2014 |
Income Year: | 2014 |
Net Income Year: | 2014 |
Assets Year: | 2014 |
Equity Year: | 2014 |
Parent: | State-owned Assets Supervision & Administration Commission of Liaoning Government |
Website: | dtsteel.com |
Footnotes: | in a consolidated basis[1] |
Dongbei Special Steel Group Co., Ltd. | |
S: | 东北特殊钢集团有限责任公司 |
T: | 東北特殊鋼集團有限責任公司 |
P: | Dōngběi tèshū gāng jítuán yǒuxiàn zérèn gōngsī |
Order: | st |
Dongbei Special Steel Group Co., Ltd. is a state-owned enterprise based in Dalian, Liaoning Province (the south most city of Northeastern China or Dongbei). It was owned by State-owned Assets Supervision and Administration Commission (SASAC) of the Provincial Government of Liaoning (46.1230%) and Heilongjiang (14.5191%), as well as a subsidiary of Liaoning SASAC (22.6839%) and China Orient Asset Management (16.6740%).[1]
The company was formed by the merger of Dalian Special Steel (aka Liaoning Special Steel Group) and Beiman Special Steel Group (literally North Manchuria Special Steel) in 2004. Dongbei Special Steel became the holding company of the two steel maker, plus Fushun Special Steel, a subsidiary of Liaoning Special Steel Group.[1]
In 2016 the enterprise defaulted[2] several times. Chairman Yang Hua committed suicide in March 2016, four days before the first default.[3]
Dongbei Special Steel owned 38.58% stake in Fushun Special Steel, based in Fushun, Liaoning, as the largest shareholder. The shares of the company float in Shanghai Stock Exchange.[4]