Is Sanmenxia Baowu Aluminum Industry a Central Enterprise?

Yes Sanmenxia Baowu Aluminum Industry is invested by China Baowu Iron and Steel Group Co., Ltd. and entrusted to Baoshan Iron and Steel Co., Ltd., which is a central enterprise. Is a modern company dedicated to the strategic practice from steel to materials and engaged in deep processing of high-end aluminum alloy coils. A central enterprise refers to a wholly state-owned or state-owned holding enterprise entrusted by the Central People's Government (the State Council) or the state-owned assets supervision and administration institution to exercise the investor's responsibilities, and the leading group is directly managed by the central government or entrusted by the Central Organization Department, SASAC and other central ministries and commissions.