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China Metallurgical Group Corporation

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China Metallurgical Group Corporation
中国冶金科工集团有限公司
Company typeSubsidiary
IndustryMetallurgy
Founded1982; 42 years ago (1982)
Headquarters,
China
Area served
Worldwide
Key people
Guo Wenqing (国文清) (Chairman)
ParentChina Minmetals
SubsidiariesMetallurgical Corporation of China Limited
WebsiteChina Metallurgical Group Corporation

China Metallurgical Group Corporation (MCC, Chinese: 中国冶金科工集团有限公司), is a Chinese state-owned enterprise headquartered in Beijing, engaged in EPC (engineering, procurement and construction), natural resources exploitation, papermaking, equipment fabrication, real estate development. MCC is one of the largest equipment manufacturers in China, and the only state-owned enterprise that is authorized to run pulp-making and papermaking businesses in China and overseas.[1][2] On December 8, 2015, MCC merged into China Minmetals, becoming its wholly owned subsidiary.[3][4]

China Metallurgical Group Corporation's subsidiary, Metallurgical Corporation of China Limited, co-invested by China Metallurgical Group Corporation and Baosteel Group Corporation (Baosteel Group), was established in 2008.[5] Its A shares and H shares were listed on the Shanghai Stock Exchange and Hong Kong Stock Exchange in 2009 respectively.[6][7]

Business areas

The company is involved in the construction of metallurgical, infrastructural facilities, other industrial projects, housing construction, municipal utility construction, installation of electrical and mechanical works, and handles high-rise buildings, mechanical engineering, electronics, power supply, petroleum, chemistry, textiles, transportation, communication, and building materials construction projects. The company also provides geo-technical engineering construction, industrial and civil construction, rock and earthwork excavation, equipment installation, and steel structure fabrication and installation services; and industrial products, including spiral welded pipes of various bore sizes, non-standard equipment, cold-rolled deformed bars, and forged precision metallic equipment. It also engages in water supply projects, sport cities development, and resource development. The company manufactures spiral coasters, and single-stand reversible cold-roll lines.

References

  1. ^ Introduction of China Metallurgical Group Corporation
  2. ^ China Metallurgical Group Corporation
  3. ^ Tian, Shaohui (8 December 2015). "China Minmetals takes over China Metallurgical Group Corp". Xinhuanet. Retrieved 2 March 2016.
  4. ^ Mason, Josephine (8 December 2015). "Minmetals takes over MCC as Beijing reforms state-run firms". Reuters. Retrieved 2 March 2016.
  5. ^ China Metallurgical Corporation Limited Founded in Beijing
  6. ^ China Metallurgical sets A-share IPO price range
  7. ^ China Metallurgical to launch largest HK IPO in 18 months