Hangzhou Iron & Steel Co., Ltd. was established as a joint stock limited company in 1998. The company obtained the business license issued by Zhejiang Administration for Industry & Commerce on Feb.26, 1998. The promoter to the establishment of the company is Hangzhou Iron & Steel Group Company, on the basis of Zhejiang Steel Plant, which was set up in 1958. With the approval of China Securities Regulatory Commission, the company's A shares were listed on Shanghai Stock Exchange on March 11, 1998. It is the only major steel complex company of Zhejiang Province. It has 16 body production lines of coking, iron making, steel making and rolling, more than 700 sets of main equipment. The main products include hot rolled round steel series, hot-rolled steel series, hot rolled wire rod (wire speed) series, hot-rolled steel products which are 59 species, more than 1990 specifications and 92 types of steel, and 69% of which reaches the international quality level, excellent steel ratio more than 60%. The company's "Gujian" brand steel products were sold at home and abroad, enjoying a good reputation.
Basic Information
Key Executives
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Chairman of the Supervisory Board
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Director
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Director
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Director
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Director
Ownership Details
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45.23%
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7.61%
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7.58%
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4.2%
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2.58%
Subsidiaries
Changzhou Hanggang Zhuoxin Machinery Equipment Co., Ltd.
100%
Deqing Hanggang Metal Materials E-Commerce Co., Ltd.
100%
Hangzhou Hanggang Cloud Computing Data Center Co., Ltd.
100%
Company Performance
Financial values in the chart are available after Hang Zhou Iron & Steel Co.,Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net sales revenue
-6.51%▼
Total operating revenue
-6.87%▼
Operating profit (EBIT)
-66.68%▼
Net Profit (Loss) for the Period
-69.37%▼
Operating Profit Margin (ROS)
-3.44%▼
Return on Equity (ROE)
-5.43%▼
Debt to Equity Ratio
2.44%▲