Maanshan Iron & Steel Company Limited (600808.SS)

2.3700 -0.0900 (-3.66%) At close: 03:00PM CST

Maanshan Iron & Steel Company Limited

No.8 Jiu Hua Xi Road
Maanshan 243003
China
86 55 5288 8158
https://www.magang.com.hk

Sector(s): Basic Materials
Industry: Steel
Full-time employees: 17,661

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Yi Ding	Executive Chairman of the Board	N/A	N/A	1964
Mr. Tianbao Ren	General Manager, Secretary to the Board, Chief Accountant & Executive Director	1.31M	N/A	1964
Mr. Zhanhong Mao	Executive Vice Chairman	N/A	N/A	1971
Mr. Ming Fu	Deputy General Manager	N/A	N/A	1967
Mr. Qunli Xing	Head of Accounting	N/A	N/A	N/A

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in CNY.

Description

Maanshan Iron & Steel Company Limited, together with its subsidiaries, manufactures and sells iron and steel products, and related by-products in Mainland China, Hong Kong, and internationally. The company offers steel plates, including hot and cold-rolled thin plates, galvanized plates, coil-coating plates, and medium plates; section steel products, such as H-shaped steel and medium-shaped steel; high-speed wire rod and hot-rolled reinforcing steel products; and train wheels and wheel rims. It also engages in the production and distribution of ferrous metallurgy, screw threaded steels, round and section steels, angle and deformed steels, wires, and rods; sale, import, and export of iron ore, iron ore fines, and scrap steel; metallurgy and extended processing of ferrous metals; production and sale of coke and coke chemical products and energy; production and distribution of metallic products; design, research and development, manufacture, maintenance, and sale of rail wheels, axles, wheel sets, bogies, and other rail equipment; trading of steel products and pig iron; and investment and trading businesses. The company was founded in 1953 and is headquartered in Maanshan, the People's Republic of China.

Corporate governance

Maanshan Iron & Steel Company Limited’s ISS governance QualityScore as of 29 April 2024 is 1. The pillar scores are Audit: 6; Board: 1; Shareholder rights: 5; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.