Dongbei Special Steel

Dongbei Special Steel
Company typestate-owned enterprise
Predecessor
  • Liaoning Special Steel Group
  • Beiman Special Steel Group
Founded2004
FounderLiaoning and Heilongjiang Governments
Headquarters
Dalian, Liaoning
,
China
Revenue CN¥20.791 billion (2014)
CN¥154.787 million (2014)
CN¥97.323 billion (2014)
Total assets CN¥51.818 billion (2014)
Total equity CN¥6.453 billion (2014)
Owner
ParentState-owned Assets Supervision & Administration Commission of Liaoning Government
Subsidiaries
Websitedtsteel.com
Footnotes / references
in a consolidated basis
Dongbei Special Steel Group Co., Ltd.
Simplified Chinese东北特殊钢集团有限责任公司
Traditional Chinese東北特殊鋼集團有限責任公司
Transcriptions
Standard Mandarin
Hanyu PinyinDōngběi tèshū gāng jítuán yǒuxiàn zérèn gōngsī

Dongbei Special Steel Group Co., Ltd. is a state-owned enterprise based in Dalian, Liaoning Province (the south most city of Northeastern China or Dongbei). It was owned by State-owned Assets Supervision and Administration Commission (SASAC) of the Provincial Government of Liaoning (46.1230%) and Heilongjiang (14.5191%), as well as a subsidiary of Liaoning SASAC (22.6839%) and China Orient Asset Management (16.6740%).

The company was formed by the merger of Dalian Special Steel (aka Liaoning Special Steel Group) and Beiman Special Steel Group (literally North Manchuria Special Steel) in 2004. Dongbei Special Steel became the holding company of the two steel maker, plus Fushun Special Steel, a subsidiary of Liaoning Special Steel Group.

In 2016 the enterprise defaulted several times. Chairman Yang Hua committed suicide in March 2016, four days before the first default.