Beiman Special Steel Co., Ltd.
Simplified Chinese北满特殊钢有限责任公司
Traditional Chinese北滿特殊鋼有限責任公司
Literal meaningNorth Manchuria Special Steel Limited Liability Company

Dongbei Special Steel Group Beiman Special Steel Co., Ltd. is a state-owned steel maker based in Qiqihar, Heilongjiang Province. Bei-man was the acronym of North Manchuria. The company is a subsidiary of Dongbei Special Steel (literally East-Northern Special Steel).

History

The steel refinery was found in 1952 in Fularji District, Qiqihar. The refinery was the only special steel maker in the First Five-year plan of China (1953–1957), with the aid of Soviet Union. The refinery was completed in 1957. It was one of the 512 important state-owned enterprises in 1997. (1 of 47 iron and steel industry)[1]

In 1993, the steel refinery was incorporated as a subsidiary Beiman Special Steel Co., Ltd. and listed in Shanghai Stock Exchange (as SSE: 600853), which Bei Steel Group Co., Ltd. (Chinese: 北鋼集團有限責任公司) was the major shareholder for 64.32% stake.[2] In 2001, the assets of the refinery was sold back to the parent company, while the listed company was sold to another state-owned enterprise and renamed to Longjian Road and Bridge, as a reverse IPO. Bei Steel Group Co., Ltd. was also renamed to Beiman Special Steel Group Co., Ltd.. (Chinese: 北满特殊钢集团有限责任公司).

In 2004, the State-owned Assets Supervision and Administration Commission (SASAC) of the Provincial Government of Heilongjiang, the parent entity of Beiman Special Steel, injected the steel refinery into Dongbei Special Steel, a holding company of Liaoning Government, as share capital.[3][4] The holding company became the parent company of three steel refineries in Qiqihar, Dalian and Fushun.

As at 31 December 2014 the parent company owned 58.63% stake in Dongbei Special Steel Group Beiman Special Steel Co., Ltd..[3] Heilongjiang SASAC retained the rest.[5]

References

  1. ↑ "关于深化大型企业集团试点工作_范坤_新浪博客".
  2. ↑ "2001 Annual Report" (PDF). Beiman Special Steel (in Chinese). Shanghai Stock Exchange archive. 29 April 2002. Retrieved 30 September 2016.
  3. 1 2 "2014 Annual Report". Dongbei Special Steel Group Co., Ltd. (in Chinese). Shanghai Clearing House. 30 April 2015. Archived from the original on 2 October 2016. Retrieved 29 September 2016.
  4. ↑ 抚顺特殊钢股份有限公司关于第一大股东增资更名的公告 Archived 2016-10-01 at the Wayback Machine (in Chinese)
  5. ↑ Heilongjiang Province Administration For Industry & Commerce Archived 2016-11-01 at the Wayback Machine (in Chinese)
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