Angang Steel Co., Ltd. (000898)

Angang Steel Co., Ltd. (000898)

Anshan Iron and Steel Co., Ltd. (hereinafter referred to as "Anshan Iron and Steel Co., Ltd") is a large domestic iron and steel production and sales enterprise. It was listed on the stock exchange of Hong Kong and Shenzhen Stock Exchange respectively in 1997. At present, the registered capital of the company is 9.405 billion yuan.

Anshan Iron and Steel Co., Ltd. is mainly engaged in steel rolling and processing industry. It has coking, sintering, ironmaking, steelmaking, steel rolling, railway transportation, energy power and other steel production process production lines and supporting facilities, as well as a relatively complete logistics, trade and steel processing service industrial chain. The main equipment has reached the contemporary advanced level.

Angang is mainly engaged in steel rolling processing industry. The company has coking, sintering, ironmaking, steelmaking, steel rolling, railway transportation, energy and power and other steel production process production lines and supporting facilities, as well as relatively complete logistics, trade, steel processing service industry chain, and the main equipment has reached the contemporary advanced level.

As of December 31, 2020, the total assets and net assets of Angang are 88.046 billion yuan and 53.365 billion yuan respectively. In 2020, the company will produce 25.87 million tons of iron, 26.48 million tons of steel and 24.57 million tons of steel. In 2020, the company will sell 24.61 million tons of steel and achieve an operating income of 100.9 billion yuan; The net profit was 1.978 billion yuan.

At present, Angang has three major production bases in Anshan, Yingkou and Chaoyang, as well as processing and distribution or sales service agencies in Dalian, Changchun, Shanghai, Tianjin, Guangzhou, Shenyang, Wuhan, Hefei and Zhengzhou, and relies on the overseas sales agencies of Angang Group to carry out international operation.

Anshan Iron and Steel Co., Ltd. has diversified product structure, including plate, tube, shape, rod and wire; It has a relatively complete product series of hot rolled coil, medium plate, cold rolled sheet, galvanized sheet, color coated sheet, cold rolled silicon steel, heavy rail, profile, seamless steel pipe, wire rod, etc., with a complete range of product types and specifications. It is widely used in machinery, metallurgy, petroleum, chemical, coal, power, railway, shipping, automobile, construction, household appliances, aviation and other industries.

Anshan Iron and Steel Co., Ltd. ranks first in the sales volume of shipbuilding steel and railway steel in China. A number of high-tech products such as automobile, nuclear power, petroleum and petrochemical, household appliances, container steel and electrical steel have become famous brand products. The research and development of new varieties of ship plate and railway rail and rail production technology have reached the international leading level, The technology level of high-strength thick wall pipeline steel for deep-sea high-pressure oil and gas transportation is in the leading position in the industry, and has the first State Key Laboratory of metal materials and their applications for marine equipment in China. The company's brand has a high visibility and credibility, railway steel, container steel and shipbuilding plate to maintain the "China famous brand products" title.

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