Is Hubei Xinyegang a state-owned enterprise?

It's not a state-owned enterprise, it's wholly owned by Taiwan, Hong Kong and Macao.

Hubei Xinyegang Co., Ltd. (referred to as Xinyegang) is one of the earliest existing iron and steel enterprises in China, and its predecessor Daye Iron Works is an important part of Hanye Pingmei Iron and Steel Industrial and Mining Co., Ltd. in the late Qing Dynasty. It has a long history and is known as the cradle of China iron and steel industry.

Xinye Iron and Steel is located in Huangshi City, Hubei Province, covering an area of more than 6,000 mu. The railway 100 kilometers in the factory area, and the 5000-ton ship has a 2 million-ton wharf. It is only 70 kilometers away from the thoroughfare of nine provinces in Wuhan City, Hubei Province. Convenient land and water transportation and obvious location advantages.

Xinye Steel is one of the most complete special steel enterprises in China. It is the basis of seamless steel pipe and alloy bar with the most complete specifications and the largest caliber. In 20 10, China special steel forging base for large forgings will be built.

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The development course of Hubei Xinyegang;

Zhang Zhidong, the founder of modern industry, advocated the proposal, and Prince Chun, the father of Emperor Guangxu, agreed to set up Hanye Pingmei Iron Factory and Mine Co., Ltd. on 1908.

19 13, the first shareholders' meeting of hanyeping company officially decided to build a new Daye plant.

19 16, the board of directors of hanyeping company awarded Daye new plant and Daye steel plant "seal of Daye steel plant of hanyeping coal mine co., ltd".

1949, Wuhan Arms Control Committee took over Huazhong Iron and Steel Co., Ltd. and officially named it "Huazhong Iron and Steel Co., Ltd. of Central Plains Provisional People's Government".

1953, the former Huazhong iron and steel company was ordered to change its name to Daye iron and steel plant. The full name is "Daye Steel Plant of Huazhong Iron and Steel Co., Ltd., Iron and Steel Industry Administration of the Ministry of Heavy Industry of the Central People's Government".

1994, Daye steel plant was transformed into "metallurgical steel group company" and Daye special steel co., ltd was listed.

In 2000, Dongfang Iron and Steel Co., Ltd. was merged into Metallurgical Iron and Steel Group Co., Ltd.

In 2004, CITIC Pacific acquired the main steel assets of Ye Gang Group Co., Ltd. and established "Hubei New Oriental Steel Co., Ltd.", which was renamed as "Hubei Xinyegang Co., Ltd." at the first board meeting.

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Hubei Xinyegang Co., Ltd.-Company Profile