Fushun Special Steel
{{Short description|Chinese steel company}}
{{Infobox company
| name = Fushun Special Steel
| logo =
| logo_size =
| logo_alt =
| logo_caption =
| logo_padding =
| image =
| image_size =
| image_alt =
| image_caption =
| type = public
| traded_as = {{SSE|600399}}
| industry =
| predecessor =
| founded = {{ubl|1937|1999 (listed company)}}
| founder =
| hq_location =
| hq_location_city = Fushun, Liaoning
| hq_location_country = China
| area_served =
| num_locations =
| num_locations_year =
| num_employees =
| num_employees_year =
| key_people =
| brands =
| services =
| products =
| revenue = {{decrease}} {{CNY|4.558 billion}}
| revenue_year = 2015
| operating_income = {{increase}} {{CNY|92,073 million}}
| income_year = 2015
| net_income = {{increase}} {{CNY|196.733 million}}
| net_income_year = 2015
| assets = {{increase}} {{CNY|12.995 billion}}
| assets_year = 2015
| equity = {{increase}} {{CNY|1.919 billion}}
| equity_year = 2015
| owner = {{ubl|Dongbei Special Steel (38.58%)|others}}
| parent =
| subsid =
| website = [http://www.fs-ss.com fs-ss.com]
}}
{{Infobox Chinese
|title=Fushun Special Steel Co., Ltd.
|s=抚顺特殊钢股份有限公司
|t=撫順特殊鋼股份有限公司
|p= Fǔshùn tèshū gāng gǔfèn yǒuxiàn gōngsī
|l=Fushun Special Steel Joint-stock Limited Company
|order=st
}}
Fushun Special Steel Co., Ltd. (FSSS) is a Chinese steel maker based in Fushun, Liaoning Province. State enterprise Dongbei Special Steel was the largest shareholder of the company. The rest of the shares float in Shanghai Stock Exchange.
According to the officials of the company, the steel maker supplied steel to the manufacturing of aircraft carrier of China.{{cite web|url=http://www.cninfo.com.cn/cninfo-new/disclosure/sse/bulletin_detail/true/1202676670?announceTime=2016-09-06|title=关于终止非公开发行股票事项投资者说明会召开情况的公告|trans-title=Announcements on ending non-public offering of new shares|date=6 September 2016|access-date=29 September 2016|work=Fushun Special Steel|publisher=hosted by cninfo.com.cn|language=Chinese|archive-url=https://web.archive.org/web/20161002160312/http://www.cninfo.com.cn/cninfo-new/disclosure/sse/bulletin_detail/true/1202676670?announceTime=2016-09-06|archive-date=2 October 2016|url-status=dead}}
History
The steel refinery was found in 1937 by Japanese South Manchuria Railway Company in the occupied zone of wartime China. The steel refinery was belong to State-owned Assets Supervision and Administration Commission (SASAC) of the Government of Fushun City, as Fushun Special Steel (Group) Co., Ltd. ({{zh|抚顺特殊钢(集团)有限责任公司}}). It was one of the 512 important state-owned enterprises in 1997. (1 of 47 iron and steel industry){{Cite web|url=http://blog.sina.com.cn/s/blog_544a7adf0100mwmj.html|title = 关于深化大型企业集团试点工作_范坤_新浪博客}}
In 1999 the assets of the refinery was re-incorporated as Fushun Special Steel Co., Ltd.. In the next year the shares of the company were float in Shanghai Stock Exchange. Fushun Special Steel (Group) remained as the largest shareholder for 76.29% stake.{{cite web|url=http://static.sse.com.cn/disclosure/listedinfo/announcement/c/600399_2000_0.pdf|title=2000 Annual Report|date=5 April 2001|access-date=29 September 2016|work=Fushun Special Steel|publisher=hosted by Shanghai Stock Exchange website|language=Chinese}}
In 2003 the shares held by the parent company was partially transferred to another state-owned enterprise Dongbei Special Steel (for 56.62% stake), which Fushun Special Steel (Group) became the second largest shareholder of the listed company for 19.67%.{{cite web|url=http://static.sse.com.cn/disclosure/listedinfo/announcement/c/2004-03-10/600399_2003_n.pdf|title=2003 Annual Report|date=9 March 2004|access-date=29 September 2016|work=Fushun Special Steel|publisher=hosted by Shanghai Stock Exchange website|language=Chinese}} At the same time Fushun Special Steel (Group) became the second largest shareholder of Dongbei Special Steel for 26.53% stake.{{cite web|url=http://www.shclearing.com/xxpl/cwbg/nb/201505/t20150502_85661.html|title=2014 Annual Report|date=30 April 2015|access-date=29 September 2016|work=Dongbei Special Steel Group Co., Ltd.|publisher=Shanghai Clearing House|language=Chinese}}
On 30 December 2010 Fushun Special Steel (Group) went bankrupt,[http://www.fsprec.net/MsgView.asp?id=727 抚顺特殊钢（集团）有限责任公司破产财产转让信息] 2011-6-29 (in Chinese) which Dongbei Special Steel received the shares of the listed company from Fushun Special Steel (Group), making Dongbei Special Steel hold 57.07% stake at that time, while the shares of Dongbei Special Steel (22.68% stake) held by Fushun Special Steel (Group) was transferred to a subsidiary ({{zh|辽宁省国有资产经营有限公司}}) of SASAC of the Government of Liaoning Province in 2011.{{cite web|url=http://static.sse.com.cn/disclosure/listedinfo/announcement/c/2012-04-28/600399_2011_n.pdf|title=2011 Annual Report|date=27 April 2012|access-date=29 September 2016|work=Fushun Special Steel|publisher=hosted by Shanghai Stock Exchange website|language=Chinese}}
Due to capital increase and disposals, the shares of the listed company held by Dongbei Special Steel was diluted to 38.58% at 31 December 2015.
See also
References
{{reflist}}
External links
- {{official site|http://www.fs-ss.com/}}
{{Steel companies of the People's Republic of China}}
Category:Steel companies of China
Category:Manufacturing companies established in 1937
Category:Companies owned by provincial governments of China
Category:Companies listed on the Shanghai Stock Exchange