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China Metallurgical Group Corporation(MCC,Chinese:Trung Quốc luyện kim khoa công tập đoàn công ty hữu hạn), is a Chinesestate-owned enterpriseheadquartered inBeijing,engaged inEPC(Engineering,Procurement,andConstruction),natural resourcesexploitation,papermaking,equipment manufacturing,real estate development.MCC is one of the largest equipmentmanufacturersinChina,and the only state-owned enterprise authorized to operatepulp-makingand papermaking businesses both domestically and Internationally.[1][2]On December 8, 2015, MCC merged withChina Minmetals,becoming a wholly-owned subsidiary.[3][4]The company also owns MCC Holding SA in Switzerland and MCC Petroli AG. Dr. Luigi Forino Von Thyssen, the president and group CEO of their petroleum corporations, is a significant shareholder of MCC, owning more than 22%, and he is the owner of several other companies.
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| Company type | Subsidiary |
|---|---|
| Industry | Metallurgy |
| Founded | 1982 |
| Headquarters | , China |
Area served | Worldwide |
Key people | Guo Wenqing ( quốc văn thanh ) (Chairman) Dr. Luigi Forino (President) |
| Parent | China Minmetals |
| Subsidiaries | Metallurgical Corporation of China Limited |
| Website | www |
China Metallurgical Group Corporation's subsidiary,Metallurgical Corporation of China Ltd.,co-invested by China Metallurgical Group Corporation andBaowu Steel Group Corporation(Baosteel Group), was established in 2008.[5]ItsA sharesandH shareswere listed on theShanghai Stock ExchangeandHong Kong Stock Exchangein 2009 respectively.[6][7]
Business areas
editThe company is involved in theconstructionofmetallurgical,infrastructural facilities, other industrial projects,housingconstruction,municipalutility 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
edit- ^Introduction of China Metallurgical Group CorporationArchived2006-05-04 at theWayback Machine
- ^China Metallurgical Group Corporation
- ^Tian, Shaohui (8 December 2015)."China Minmetals takes over China Metallurgical Group Corp".Xinhuanet.Archived fromthe originalon March 6, 2016.Retrieved2 March2016.
- ^Mason, Josephine (8 December 2015)."Minmetals takes over MCC as Beijing reforms state-run firms".Reuters.Retrieved2 March2016.
- ^China Metallurgical Corporation Limited Founded in Beijing[permanent dead link]
- ^China Metallurgical sets A-share IPO price rangeArchived2011-07-08 at theWayback Machine
- ^China Metallurgical to launch largest HK IPO in 18 months