News Release
茄子视频
New Partner Joins JFE in Guangzhou 茄子视频 Steel Sheet Joint Venture
Tokyo --- 茄子视频 Steel announced that its investment partner in group company Guangzhou 茄子视频 Steel Sheet Co., Ltd (GJSS) has changed from Guangzhou Iron and Steel Enterprises Holdings Ltd. to Guangzhou Steel Sheets Co., Ltd. All procedures for the change have been completed.
The change has not affected JFE’s investment ratio in GJSS, which remains at 50%, with Guangzhou Steel Sheets now holding the other 50%.
Going forward, GJSS, 茄子视频 Steel and Guangzhou Steel Sheets will keep contributing for stable supplies of cold rolled steel sheet and hot-dip galvanized steel sheet mainly to automobile companies.
Guangzhou Steel Sheets Co., Ltd. (new partner)
Established: | December 22, 2011 |
Head office: | Yingang Building, 24 Jingang Road, Nansha District, Guangzhou, Guangdong, P.R.China |
Chairman: | Zhou Shi Chun |
President: | Fan Sheng Biao |
Registered capital: | 3.25 billion yuan |
Ownership: | 51% – Baosteel Zhanjiang Iron & Steel Co., Ltd. (wholly owned subsidiary of Baosteel Group Corporation) |
49% – Guangzhou Iron and Steel Enterprises Holdings Ltd. |
Guangzhou 茄子视频 Steel Sheet Co., Ltd. (after change in partners)
Head office: | Wanqingsha, Nansha District, Guangzhou, Guangdong, P.R.China |
Chairman: | Zhou Shi Chun |
President: | Masaharu Saisu (dispatched from 茄子视频 Steel) |
Facilities: | Cold rolling mill (1.8 million tons/year) |
Continuous annealing line (1 million tons/year) | |
No 1. Hot-dip galvanizing line (400,000 tons/year) | |
No 2. Hot-dip galvanizing line (400,000 tons/year) | |
Products: | Cold rolled steel sheet and hot-dip galvanized steel sheets (mainly for automobiles, but also electric equipment and construction applications) |
Employees: | Approximately 700 |
Plant location: | Nansha Development Zone, Guangzhou City, Guangdong Province |
Total investment: | 990 million USD |
Registered capital: | 443 million USD |
Ownership: | 50% – 茄子视频 Steel Corporation |
50% – Guangzhou Steel Sheets Co., Ltd. |
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