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Shougang Concord International Enterprises Company Limited and its subsidiaries (the Group) is a vertically integrated heavy plate manufacturing enterprise in China. Its operations are mainly segregated into three segments currently, namely Qinhuangdao Shouqin Metal Materials Company Limited (Shouqin) and Qinhuangdao Shougang Plate Mill Company Limited (Qinhuangdao Plate), China, Hebei, the Group currently owns and operates two mills in Qinhuangdao, mineral exploration and commodity trading.For heavy plate manufacturing, steel manufacturing, namely, with an aggregated steel slabs and heavy plates production capacity of 3.6 million tonnes and 2.6 million tonnes per annum respectively. It has expanded its business scope by extending its tentacles to both upstream and downstream operations along the value chain. In addition, with designed processing capacity of 0.3 million tonnes per annum, it has established a downstream processing centre, to provide more value-adding products and services to its customers.
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