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Last CNY3.10 CNY
Change Today -0.14 / -4.32%
Volume 52.0M
600808 On Other Exchanges
Hong Kong
As of 3:05 AM 09/2/15 All times are local (Market data is delayed by at least 15 minutes).

maanshan iron & steel-a (600808) Snapshot

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52 Week High
06/8/15 - CNY7.19
52 Week Low
09/3/14 - CNY1.75
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Current Stock Chart for MAANSHAN IRON & STEEL-A (600808)

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maanshan iron & steel-a (600808) Details

Maanshan Iron & Steel Company Limited manufactures and sells iron and steel products in the People's Republic of China and internationally. The company offers strip and plate products, such as hot-rolling and cold rolling strips, and galvanizing and color coating strips used in ship building, automotive, home appliance, containers, engineering mechanic, oil and gas transportation, etc. It also provides H-beam steel for offshore drilling platform, H-beam for railway vehicle use, weather-proof H-beam steel, etc.; wire rods; and train wheels, tires, wheel parts, ring parts, disk assembly, and forging pieces. In addition, the company produces, sells, and transports slag products; sells construction materials and chemical products; and trades in steel and iron ores. Further, it is involved in production and sale of packing materials for steel and other products; provision of onsite packing services; and research, development, production, and sale of vehicle spare parts, electronic engineering products, and macromolecular compound materials. Additionally, the company provides equipment inspection technique consultancy services, equipment services, and equipment inspection work; trades in equipment, iron, and steel products; and provides technology services. It is also involved in the production and sale of iron ores and metallic products; production and sale of coke, coke chemical products, and power; iron and steel technological services and related businesses; dock operation, storage, transportation, and construction services; and leasing properties. In addition, the company is engaged in recollection, processing, and sale of scrap metals; production and sale of industrial water; smelting and processing of ferrous metals; and sale of pig iron, steel billets, and steel products. The company was founded in 1953 and is headquartered in Maanshan, the People's Republic of China. Maanshan Iron & Steel Company Limited is a subsidiary of Magang (Group) Holding Company Limited.

Founded in 1953

maanshan iron & steel-a (600808) Top Compensated Officers

Chief Accountant, General Manager and Executi...
Total Annual Compensation: CNY847.9K
Executive Chairman and Member of Nomination C...
Total Annual Compensation: --
Supervisor and Manager of Legal Department
Total Annual Compensation: CNY263.1K
Compensation as of Fiscal Year 2014.

maanshan iron & steel-a (600808) Key Developments

Maanshan Iron & Steel Co. Ltd. Reports Unaudited Consolidated and Standalone Earnings Results for the Six Months Ended June 30, 2015

Maanshan Iron & Steel Co. Ltd. reported unaudited consolidated and standalone earnings results for the six months ended June 30, 2015. For the six months, the company reported consolidated operating revenue of RMB 23,447,520,693 compared to RMB 28,864,351,998 a year ago. Operating loss was RMB 1,314,718,581 compared to RMB 844,280,692 a year ago. Loss before tax was RMB 1,157,235,038 compared to RMB 744,826,164 a year ago. Net loss was RMB 1,360,303,539 compared to RMB 763,495,495 a year ago. Net loss attributable to shareholders of the Company was RMB 1,236,592,427 compared to RMB 730,266,178 a year ago. Net cash flows from operating activities were RMB 4,628,268,000 compared to RMB 1,388,044,000 a year ago. Basic and diluted losses per share was 16.06 cents compared to 9.48 cents a year ago. Return on net assets was 5.46% negative compared to 3.21% negative a year ago. Net cash flows from operating activities was RMB 4,628,267,978 compared to RMB 1,388,043,601 a year ago. For the six months, the company reported standalone operating revenue of RMB 20,388,093,240 compared to RMB 24,747,723,089 a year ago. Operating loss was RMB 1,202,025,541 compared to RMB 771,827,182 a year ago. Loss before tax was RMB 1,057,327,214 compared to RMB 725,979,371 a year ago. Net loss was RMB 1,167,799,369 compared to RMB 724,254,718 a year ago.

Maanshan Iron & Steel Co. Ltd. Proposes Amendments to the Articles of Association

Maanshan Iron & Steel Co. Ltd. announced that an extraordinary general meeting will be held on September 10, 2015, to consider and approve the proposed amendments to the Articles of Association and to its appendix.

Maanshan Iron & Steel Co. Ltd. Approves the Establishment of Independent Board Committee

Maanshan Iron & Steel Co. Ltd. announced at the eleventh meeting of the eighth session of the board has approved the establishment of Independent Board Committee, which consists of Qin Tongzhou, Yang Yada, Liu Fangduan, to consider and review and to give independent opinion and advice on the formulation of connected transaction agreements between the Company and the Maanshan Iron and Steel (Group) Holdings Limited for 2016-2018.


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