Panzhihua Iron and Steel

Last updated

Panzhihua Iron and Steel (Group) Company Limited
攀枝花鋼鐵(集團)有限公司
Type State-owned enterprise
Industry Steel manufacturing
Founded1965
Headquarters,
Area served
People's Republic of China
Key people
Party secretary: Mr. Fan Zhengwei
General manager: Mr. Yu zisu
Products Steel, Vanadium, Titanium
Subsidiaries Panzhihua New Steel and Vanadium
Changcheng Special Steel
Chongqing Titanium
Website Panzhihua Iron and Steel (Group) Limited

Panzhihua Iron and Steel (Group) Company Limited, or Pangang, is the state-owned enterprise in Panzhihua, Sichuan, China. It is the largest steel maker in Western China. [1] It is also the largest vanadium product manufacturer in China, and the second largest in the world. [2] It has three subsidiaries listed on the Shenzhen Stock Exchange and they are Panzhihua New Steel and Vanadium (SZSE : 000629), Changcheng Special Steel (SZSE : 000569) and Chongqing Titanium (SZSE : 000515). [3] In total, the firm has eight subsidiaries and associates, who are engaged in smelting, processing and distributing iron and steel as well as vanadium products (as of December 31, 2010). [4]

Contents

History

Panzhihua Steel was built as part of the Third Front campaign to develop basic industry and national defense industry in China's interior in order to be prepared for the risk of foreign invasion. [5] :4,9 Because planners chose locations based on military defense considerations, Panzhihua Steel was built on the side of a mountain, unlike most steel factories which are built on flat land. [5] :187 To ensure that the facility had the level foundation necessary for steel production, workers built the factory on massive steps carved out of the slope. [5] :187 Instead of the internal track system common to steel factories, technicians used a cable system to connect different parts of the facility to better adapt to the local terrain. [5] :187

Consistent with the Third Front construction's emphasis on secrecy due to national security concerns, the completion of the Panzhihua facility was not promoted at the time. [5] :187 Today, the city government of Panzhihua promotes it as a model of Chinese technological ingenuity. [5] :187

Panzhihua Steel built a hospital in 1970, and over the next eight years developed a gynecology ward, an ear, nose, and throat ward, and a pediatric ward. [5] :190 Its ratio of medical workers to workers exceeded 61 times the average ratio for rural areas. [5] :190

Related Research Articles

GKN Ltd is a British multinational automotive and aerospace components business headquartered in Redditch, England. It is a long-running business known for many decades as Guest, Keen and Nettlefolds. It can trace its origins back to 1759 and the birth of the Industrial Revolution.

<span class="mw-page-title-main">Baowu</span>

China Baowu Steel Group Corp., Ltd., commonly known as Baowu, is a state-owned iron and steel company headquartered in the Baosteel Tower in Pudong, Shanghai, China. The company was formed by Baosteel Group absorbing its smaller state-owned peer, Wuhan Iron and Steel Corporation in 2016. It is the world's largest steel producer.

<span class="mw-page-title-main">Panzhihua</span> Prefecture-level city in Sichuan, Peoples Republic of China

Panzhihua, formerly Dukou (渡口), is a prefecture-level city located in the far south of Sichuan province, People's Republic of China, at the confluence of the Jinsha and Yalong Rivers. It has an administrative area of 74,423.42 square kilometres (28,735.04 sq mi), and a population at the 2020 census of 1,212,203. 806,395 lived in the built-up area made of 3 urban districts.

<span class="mw-page-title-main">FAW Group</span> Chinese Automobile Company

China FAW Group Corp., Ltd. is a Chinese state-owned automobile manufacturer headquartered in Changchun, Jilin. Founded in 1953, it is currently the second largest of the "Big Four" state-owned car manufacturers of China, together with SAIC Motor, Dongfeng Motor Corporation and Changan Automobile.

Hisense Group is a Chinese multinational major appliance and electronics manufacturer headquartered in Qingdao, Shandong Province, China. Televisions are the main products of Hisense, and it is the largest TV manufacturer in China by market share since 2004. Hisense is also an OEM, so some of its products are sold to other companies and carry brand names not related to Hisense.

<span class="mw-page-title-main">Third Front (China)</span> Chinese industrial development campaign

The Third Front Movement or Third Front Construction was a Chinese government campaign to develop industrial and military facilities in the country's interior. The campaign was motivated by concerns that China's industrial and military infrastructure would be vulnerable in the event of invasion by the Soviet Union or air raids by the United States. The largest development campaign of Mao-era China, it involved massive investment in national defense, technology, basic industries, transportation and other infrastructure investments.

Morphy Richards is a British brand of electrical appliances headquartered in Swinton, in South Yorkshire, England. Its products were formerly made at its historic home of Mexborough, and in other facilities across the United Kingdom. However, since the 1990s, all of its manufacturing is now carried out in the Far East.

<span class="mw-page-title-main">Shougang Group</span> Chinese steel company

Shougang Group Co., Ltd., formerly Shougang Corporation is a Chinese state-owned steel company. Based in Beijing, its Shijingshan district operations were moved out of the city prior to the Olympics due to concerns over pollution.

<span class="mw-page-title-main">Pangang Group Vanadium Titanium & Resources</span>

Pangang Group Vanadium Titanium & Resources Co., Ltd., parented by Panzhihua Iron and Steel, involves in the manufacture and sales of iron, steel and vanadium products. It is headquartered in Panzhihua, Sichuan, China.

<span class="mw-page-title-main">Tangsteel Group</span>

Tangshan Iron and Steel Group Company Limited, or Tangsteel, founded in 1943 and headquartered in Tangshan, Hebei, is one of the largest steel manufacturing state-owned enterprise in China. Its subsidiary and listed company, Tangshan Iron and Steel Company Limited was established in 1994 and it was listed on the Shenzhen Stock Exchange in 1997.

<span class="mw-page-title-main">Hesteel Group</span>

Hesteel Group Company Limited is a Chinese iron and steel manufacturing conglomerate, also known as Hesteel Group or its pinyin shortname Hegang. The company was also known as Hebei Iron and Steel Group Co., Ltd. or HBIS until 2016.

Hunan Valin Steel Co., Ltd. is a Chinese state-owned company based in Changsha. Founded in 1997, it is primarily engaged in the smelting, manufacture and sale of iron and steel products, as well as nonferrous metal products. As of 8 November 2016, the company was a constituent of SZSE 1000 Index but not in SZSE Component Index. With a market capitalization of $2.3 billion in May 2015, the company was ranked #1,858 on Forbes Global 2000 list.

~Anhui Ankai Automobile Co., Ltd., is a Chinese automotive manufacturing company headquartered in Hefei, Anhui, which specialises in the production of buses and coaches. Ankai's products include urban buses, regular coaches, sleeping berth coaches, bus and coach chassis and automotive components. Ankai also offers related repair and maintenance services. The company has three principal subsidiaries and distributes its products worldwide.

<span class="mw-page-title-main">NTN Corporation</span> Japanese manufacturer of bearings

NTN Corporation is one of the most prominent manufacturers of bearings in Japan, second domestically only to NSK Ltd. The company is one of the largest exporters worldwide of friction-reducing products such as constant-velocity joints.

Xuzhou Construction Machinery Group Co., Ltd. is a Chinese multinational state-owned heavy machinery manufacturing company with headquarters in Xuzhou, Jiangsu. Founded in 1989, XCMG currently ranks first in the Chinese construction machinery industry, 3rd in the world, 4th in China's top 100 machinery enterprises, and 409th in the world's top 500 brands. Recently the company has taken over Schwing GmbH. Schwing a German manufacturer of mobile and stationary concrete pumps and truck mixers, headquartered in Herne, as well as the parent company of Schwing Stetter, based in Memmingen. The business group is the world's second largest concrete pump manufacturer, behind Putzmeister, another German manufacturer and subsidiary of the Sany Group.

Pangang may refer to:

Benxi Steel Group Corp., Ltd. known as Benxi Steel Group is a Chinese holding company based in Benxi, Liaoning Province, for two steel making group.

Beijing Shougang Co., Ltd. is a listed Chinese steel manufacturer. It also a subsidiary of Shougang Group. The shares of Beijing Shougang float in the Shenzhen Stock Exchange.

Taiyuan Iron and Steel (Group) Co., Ltd. formerly Taiyuan Iron & Steel Corporation (TISCO), also known as Taigang Group is a Chinese steel maker based in Taiyuan, Shanxi Province. The company was the parent of Taigang Stainless Steel Co., Ltd., a listed steel manufacturer and Linfen Iron and Steel, an unlisted steel manufacturer respectively. The unlisted portion of the group, also consisted of a real estate company and a hospital.

China Hi-Tech Group Corporation, Ltd. (CHTC) is a Chinese conglomerate company. The company is owned by the Chinese Central Government via State-owned Assets Supervision and Administration Commission of the State Council (SASAC). The company main focus is on the textile industry. In June 2017, CHTC became a wholly owned subsidiary of Sinomach, another SASAC company, through a restructuring, as part of a plan to reduce the number of SASAC directly-controlled companies.

References

  1. Panzhihua Steel to Merge With Panzhihua New Steel & Vanadium Co., Ltd Archived 2011-05-23 at the Wayback Machine
  2. Panzhihua Iron and Steel (Group) Co., Ltd., China's largest vanadium product manufacturer, and the second largest in the world [ permanent dead link ]
  3. Pangang nears full-listing, awaiting government 's approval
  4. "Panzhihua New Steel & Vanadium Co. Ltd. on the Forbes Global 2000 List". Forbes. Retrieved March 16, 2017.
  5. 1 2 3 4 5 6 7 8 Meyskens, Covell F. (2020). Mao's Third Front: The Militarization of Cold War China. Cambridge, United Kingdom: Cambridge University Press. doi:10.1017/9781108784788. ISBN   978-1-108-78478-8. OCLC   1145096137. S2CID   218936313.