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Angang Steel Company Limited (ANGGF)

Other OTC - Other OTC Delayed Price. Currency in USD
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0.1890-0.0260 (-12.09%)
As of 01:10PM EDT. Market open.

Angang Steel Company Limited

Angang factory
Tie Xi District
Anshan 114021
China
86 41 2841 7273
https://www.ansteel.com.cn

Sector(s)Basic Materials
IndustrySteel
Full Time Employees26,964

Key Executives

NameTitlePayExercisedYear Born
Mr. Hongjun ZhangGM & Executive Director26.76kN/A1974
Mr. Baojun WangDeputy GM, Chief Accountant, Joint Company Secretary & Executive Director184.47kN/A1968
Mr. Jinsong MengDeputy General Manager288.68kN/A1970
Mr. Jun WangExecutive ChairmanN/AN/A1969
Ms. Wu GuoControllerN/AN/AN/A
Mr. Dongzhou ZhouJoint Company SecretaryN/AN/A1958
Mr. Hua ZhangDeputy General ManagerN/AN/A1981
Amounts are as of December 31, 2022 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Angang Steel Company Limited engages in the production, processing, and sale of steel products in the People's Republic of China and internationally. Its principal products include hot rolled sheets, medium and thick plates, cold rolled sheets, galvanized steel sheets, color coating plates, cold rolled silicon steel, heavy rails and sections, seamless steel pipes and wire rods, and other products. The company also engages in ferrous metal smelting and steel pressing and processing activities. In addition, it sells metal materials and products, and building materials, etc.; provides wholesale and retail purchasing services; develops metallurgy and related materials and equipment; and purchases and sells metal and other materials, as well as imports, exports, wholesales, and retails technology products. Further, the company engages in the purification of cooking gas; production of coal products and dissolved acetylene; and sale of compressed and liquefied gas. Additionally, it engages in e-commerce and technology consulting, technology development, technology services, technology transfer, and value-added telecommunications services; sales of equipment for gas and liquid separation and purification; supply chain financial services; hazardous chemicals; processing and sale of steel rolling and steel coils, and steel trade activities. Its products are used in various industries, such as machinery, metallurgy, petroleum, chemical industry, coal, electricity, railway, ship, automobile, construction, home appliances, and aviation industries. The company also exports its products. The company was formerly known as Angang New Steel Company Limited and changed its name to Angang Steel Company Limited in June 2006. Angang Steel Company Limited was founded in 1997 and is headquartered in Anshan, China. Angang Steel Company Limited is a subsidiary of Anshan Iron & Steel Co. Ltd.

Corporate Governance

Angang Steel Company Limited’s ISS Governance QualityScore as of May 1, 2024 is 3. The pillar scores are Audit: 7; Board: 6; Shareholder Rights: 5; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.