Chongqing Iron and Steel Company
Encyclopedia
Chongqing Iron and Steel Company Limited , or CISC is an iron
and steel
manufacturing
state-owned enterprise in Chongqing
of the People's Republic of China
.
Formerly "Hanyang Iron Plant" in Wuhan
, it was established in 1890 during Qing Dynasty
by Zhang Zhidong
, the Governor
of Hu-Guang Area (now separately Hubei
, Hunan
and Guangdong
). It, together with Daye
Iron Mine and Shanghai
Steel Plant, was relocated to Dadukou, Chongqing in 1938 during the Second Sino-Japanese War
. After 1949, the plant had been renamed as "Chongqing Iron and Steel (Group) Company". In 1995, the company was reformed into "Chongqing Iron and Steel (Group) Company Limited".
Its H shares were listed on the Hong Kong Stock Exchange
in 1997, while its A shares were listed on the Shanghai Stock Exchange
in 2007.
Iron
Iron is a chemical element with the symbol Fe and atomic number 26. It is a metal in the first transition series. It is the most common element forming the planet Earth as a whole, forming much of Earth's outer and inner core. It is the fourth most common element in the Earth's crust...
and steel
Steel
Steel is an alloy that consists mostly of iron and has a carbon content between 0.2% and 2.1% by weight, depending on the grade. Carbon is the most common alloying material for iron, but various other alloying elements are used, such as manganese, chromium, vanadium, and tungsten...
manufacturing
Manufacturing
Manufacturing is the use of machines, tools and labor to produce goods for use or sale. The term may refer to a range of human activity, from handicraft to high tech, but is most commonly applied to industrial production, in which raw materials are transformed into finished goods on a large scale...
state-owned enterprise in Chongqing
Chongqing
Chongqing is a major city in Southwest China and one of the five national central cities of China. Administratively, it is one of the PRC's four direct-controlled municipalities , and the only such municipality in inland China.The municipality was created on 14 March 1997, succeeding the...
of the People's Republic of China
People's Republic of China
China , officially the People's Republic of China , is the most populous country in the world, with over 1.3 billion citizens. Located in East Asia, the country covers approximately 9.6 million square kilometres...
.
Formerly "Hanyang Iron Plant" in Wuhan
Wuhan
Wuhan is the capital of Hubei province, People's Republic of China, and is the most populous city in Central China. It lies at the east of the Jianghan Plain, and the intersection of the middle reaches of the Yangtze and Han rivers...
, it was established in 1890 during Qing Dynasty
Qing Dynasty
The Qing Dynasty was the last dynasty of China, ruling from 1644 to 1912 with a brief, abortive restoration in 1917. It was preceded by the Ming Dynasty and followed by the Republic of China....
by Zhang Zhidong
Zhang Zhidong
Zhang Zhidong ; Pseudonyms: Xiāngtāo , Xiāngyán , Yīgōng , Wújìng-Jūshì , later Bàobīng ; Posthumous name: Wénxiāng ) was an eminent Chinese politician during the late Qing Dynasty who advocated for controlled reform...
, the Governor
Governor
A governor is a governing official, usually the executive of a non-sovereign level of government, ranking under the head of state...
of Hu-Guang Area (now separately Hubei
Hubei
' Hupeh) is a province in Central China. The name of the province means "north of the lake", referring to its position north of Lake Dongting...
, Hunan
Hunan
' is a province of South-Central China, located to the south of the middle reaches of the Yangtze River and south of Lake Dongting...
and Guangdong
Guangdong
Guangdong is a province on the South China Sea coast of the People's Republic of China. The province was previously often written with the alternative English name Kwangtung Province...
). It, together with Daye
Daye
Daye is a city of eastern Hubei province, Central China. Administratively, it is a county-level city of Huangshi City.Before the adoption of the Hanyu Pinyin, the name of the city was often transcribed in English as Tayeh....
Iron Mine and Shanghai
Shanghai
Shanghai is the largest city by population in China and the largest city proper in the world. It is one of the four province-level municipalities in the People's Republic of China, with a total population of over 23 million as of 2010...
Steel Plant, was relocated to Dadukou, Chongqing in 1938 during the Second Sino-Japanese War
Second Sino-Japanese War
The Second Sino-Japanese War was a military conflict fought primarily between the Republic of China and the Empire of Japan. From 1937 to 1941, China fought Japan with some economic help from Germany , the Soviet Union and the United States...
. After 1949, the plant had been renamed as "Chongqing Iron and Steel (Group) Company". In 1995, the company was reformed into "Chongqing Iron and Steel (Group) Company Limited".
Its H shares were listed on the Hong Kong Stock Exchange
Hong Kong Stock Exchange
The Hong Kong Stock Exchange is a stock exchange located in Hong Kong. It is Asia's third largest stock exchange in terms of market capitalization behind the Tokyo Stock Exchange and the Shanghai Stock Exchange and fifth largest in the world...
in 1997, while its A shares were listed on the Shanghai Stock Exchange
Shanghai Stock Exchange
The Shanghai Stock Exchange , abbreviated as 上证所/上證所 or 上交所, is a stock exchange that is based in the city of Shanghai, China. It is one of the two stock exchanges operating independently in the People's Republic of China, the other is the Shenzhen Stock Exchange...
in 2007.