CITIC Special Steel Group Co., Ltd. Class A
SSZSE:00070812.15
CNY
-0.50
(-3.95%)
ISIN
CNE0000008J6
Return %
Stock
S&P 500
1Y
-13.52
13.14
3Y
-16.55
80.78
5Y
-42.09
67.74
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
CNY
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in mil. unless spec.Quarterly Revenue
CNY
•
in mil. unless spec.Quarterly Earnings Per Share
CNY
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in mil. unless spec.Quarterly Dividends Per Share
CNY
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in mil. unless spec.Company Description
- CEO
- Yuandong Luo
- Full Time Employees
- 31,584
- Sector
- Non-energy minerals
- Industry
- Steel
- Address
- CITIC Special Steel Building Wuxi JS China 214422
- IPO Date
- Mar 26, 1997
- Website
- citicsteel.com
- Similar Companies
- Business
- Citic Pacific Special Steel Group Co., Ltd. (000708.SZ) is China's largest dedicated manufacturer of special steel materials, with an annual production capacity of approximately 20 million tonnes; the company produces alloy steel bars, special medium and thick plates, special seamless steel tubes, forged steel materials, alloy steel wire rods, and alloy steel billets; additional offerings include bearing steel, gear steel, spring steel, energy steel, mooring chain steel, continuous casting round billets, high-alloy steel pipes and fittings, tool steel, ultra-high strength steel, high temperature and corrosion resistant alloy steel, stainless steel, leaf springs, guide arms, and deep-processed products such as quenched and tempered materials and silver bright steel. These products serve key industries including automotive components, energy, machinery manufacturing, oil and petrochemicals, transportation, shipbuilding, bridge construction, petrochemical and chemical, wind power, hydropower, nuclear power, molds, high-rise buildings, rail transportation, electric power, marine vessels, oil, natural gas, and offshore engineering. The company operates five specialised production bases—Jiangyin Xingcheng Special Steel, Daye Special Steel, Qingdao Special Steel, Tianjin Pipe, and Jingjiang Special Steel—along with two raw material processing facilities in Tongling and Yangzhou, and two professional mills in Jinan and Zhejiang, forming a strategic network along the Yangtze River and Yellow Sea; it maintains headquarters in Jiangyin City, Jiangsu Province, China, with roots tracing back to predecessors founded as early as 1890 and a full restructuring and listing in 2019. In recent developments, Citic Pacific Special Steel launched project “Sail” in 2024 to accelerate internationalisation through assessments of over 20 steelmaking facilities in Southeast Asia, the Middle East, North America, Europe, and resource suppliers in South America and Australia, establishing a “Resources+Core Business+Distribution” value chain with progress in mergers and acquisitions of tertiary operations; it strengthened cooperation with Nanjing Steel in procurement, production, sales, and management to enhance brand influence in differentiated segments; sales of bearing steel, P-series energy steel, automotive steel, bridge cables, spring wire, and steel fasteners rose significantly year-on-year, while “Two Highs and One Special” products (high-temperature alloy, ultra-high-strength, and stainless specialty steel) increased 23%; the company contributed to key national projects like the Shenzhen-Zhongshan Link and Tarim Basin Tiefu-1 well, developed innovations such as the world’s largest 1320mm continuous casting billet and 120mm-thick high-resilience steel, expanded AI applications achieving Level 4 intelligent manufacturing maturity at Xingcheng Special Steel, and earned top ESG ratings including AAA from the Metallurgical Industry Planning and Research Institute and inclusion in the MSCI China Index.