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Current Stock Chart for METALLURGICAL CORP OF CHIN-A (601618)

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metallurgical corp of chin-a (601618) Details

Metallurgical Corporation of China Ltd., together with its subsidiaries, engages in the engineering contracting, property development, equipment manufacturing, and resources development businesses in China and internationally. Its Engineering Contracting segment provides engineering, construction, and other related contracting services for metallurgical and non-metallurgical projects. The company’s Property Development segment develops and sells residential and commercial properties, and affordable housing; and develops land. Its Equipment Manufacturing segment develops and produces metallurgical equipment, steel structures, and other metal products. The company’s Resources Development segment is involved in the development, mining, and processing of mineral resources; and production of nonferrous metal and polysilicon. It is also involved in mining and smelting of nickel cobalt ore; manufacturing of metallurgy equipment; and infrastructure investment, repair work, trading, and finance lease activities. The company was founded in 2008 and is based in Beijing, the People’s Republic of China. Metallurgical Corporation of China Ltd. operates as a subsidiary of China Metallurgical Group Corporation Limited.

103,296 Employees
Last Reported Date: 04/5/16
Founded in 2008

metallurgical corp of chin-a (601618) Top Compensated Officers

Chief Executive, President, Executive Directo...
Total Annual Compensation: CNY575.0K
Chairman, Chairman of Strategy Committee and ...
Total Annual Compensation: CNY629.0K
Head of the Corporate Strategy & Management I...
Total Annual Compensation: CNY634.0K
Deputy Director of Finance Department and Sup...
Total Annual Compensation: CNY474.0K
Compensation as of Fiscal Year 2015.

metallurgical corp of chin-a (601618) Key Developments

Metallurgical Corporation of China Ltd., Board Meeting, Jul 14, 2016

Metallurgical Corporation of China Ltd., Board Meeting, Jul 14, 2016. Agenda: To approve the proposal of splitting and reorganization of MCC BERIS Engineering and Research Corporation; to approve the proposal of Handling Renewal of Liability Insurances for Directors, Supervisors and Members of Senior Management for 2016; and to approve the proposal of Establishing Branch Company in Maldives.

Metallurgical Corporation of China Ltd. Announces Executive Changes

On 30 June 2016, the supervisory committee of Metallurgical Corporation of China Ltd. received the written resignation tendered by Mr. Li Shiyu, the chairman of the supervisory committee. Mr. Li resigned from his positions as a supervisor and the chairman of the supervisory committee of the Company due to his reaching of the statutory retirement age. The Company considered and approved the proposal in relation to the nomination of Mr. Yan Aizhong as a supervisor of the second session of the supervisory committee of the Company by China Metallurgical Group Corporation, the controlling shareholder of the Company, at the 21st meeting of the second session of the board of directors of the Company convened on 30 June 2016. It is agreed that such proposal will be submitted to the shareholders' general meeting of the Company for consideration and approval. Mr. Yan Aizhong served as the deputy general manager, the deputy secretary of the Party Committee, the secretary of the Discipline Committee and the chairman of the labour union of China Second Metallurgical Group Corporation Limited from January 2010 to September 2012, the head of the Party Committee promotion department and the deputy head of the corporate culture department of MCC from September 2012 to January 2013, the director of the general office of MCC from January 2013 to November 2014 (during which, he concurrently served as the director of the general office to the board of directors of MCC from May 2014 to November 2014), the head of the Party Committee organization department and the head of the human resources department of MCC from November 2014 to May 2016, and has been the head of the Party Committee organization department of MCC since May 2016. Mr. Yan graduated from the machinery and electrical engineering department of Baotou Iron & Steel College, majoring in industrial electrical automation, with a bachelor's degree, and from Inner Mongolia Autonomous Region Committee Party School, majoring in economic management, with a master's degree. He is a senior engineer.

Metallurgical Corporation of China Ltd., Board Meeting, Jun 30, 2016

Metallurgical Corporation of China Ltd., Board Meeting, Jun 30, 2016. Agenda: To approve proposal of nominating candidate for supervisor by China Metallurgical Group Corporation.

 

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Valuation 601618 Industry Range
Price/Earnings 15.1x
Price/Sales 0.3x
Price/Book 1.2x
Price/Cash Flow 10.9x
TEV/Sales NM Not Meaningful
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