Maanshan Iron & Steel Company Limited (the “Company”) was set up on 1 September 1993 and was regarded by the State as one of the nine pilot joint-stock limited enterprises which formed the first batch of overseas listed companies. The Company’s H shares were issued overseas during 20-26 October 1993 and were listed on The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”) on 3 November 1993. The Company issued RMB common shares in the domestic market during 6 November through 25 December 1993. These shares were listed on the Shanghai Stock Exchange (the “SSE”) in three batches on 6 January, 4 April and 6 September in the following year. 

The Company is one of the largest iron and steel producers and marketers in the PRC, and is principally engaged in the manufacture and sale of iron and steel products. The manufacturing process primarily involves iron-making, steel-making and steel rolling projects.The Company’s principal product is steel products which come in four major categories: steel plates, section steel, wire rods and train wheels.