Baosteel Group Finance Co., Ltd.

Baosteel Group Finance Co., Ltd. (BGFC), a national non-banking financial institution established in 1992 with the approval of the People's Bank of China, has a registered capital of RMB 1.14011 billion and stays among the best of the peers in terms of the comprehensive evaluating indicator. As a financial institution set up by Baosteel at the earliest time, BGFC can render comprehensive financial service, mainly providing Baosteel member companies with financial services such as internal settlement, crediting, investment and financing, short-term capital financing and fund management. Composite crediting, online settlement, trust financing and some other businesses have already developed into preponderant businesses of BGFC and personalized service function has stood out. As a principal provider of financial service to Baosteel and a key actor of the financial market, BGFC is striving for growing into a powerful financial institution rendering topping service and enjoying sound assets and distinguished credit standing.

Fortune Trust & Investment Co., Ltd.

Fortune Trust & Investment Co., Ltd. (FTIC), the changed name from its predecessor established in April 1988, was relocated to the Pudong Lujiaozui Financial and Trade Zone, Shanghai on Oct. 19, 1998 after the approval of the People's Bank of China on June 5, 1998, Baosteel Group Corporation and some other companies buying its shares and its capital increase. On November 20, 2001, FTIC registered again subject to the approval of the People's Bank of China. With a registered capital of RMB 1 billion (including USD 15 million), FTIC is hold by Baosteel, which holds 98% of its shares. FTIC firmly sticks to putting asset management as the mainline and security market as the link, dealing with currency, capital and industry, converting currency into capital to seek a yield slightly higher than the currency market with a risk slightly lower than the capital market, and tries its best to become a new type finance investment conglomerate with strong competitiveness in China's finance market.

Shanghai Baosteel Engineering & Equipment Co., Ltd.

Shanghai Baosteel Engineering & Equipment Co., Ltd. (BSEE), wholly owned by Shanghai Baosteel Group Corporation, is the core enterprise of Baosteel in developing modern engineering & technology. It enjoys integrated and specialized advantages in planning, scientific research, plant design, equipment design, equipment manufacture, integration of equipment to complete sets, technical assembly, general contracting of projects, technical advisory and so on. And it owns key technologies for plant design related to large- and medium-volume BF, converter, secondary refining, electric furnace, continuous casting, hot rolling, cold rolling, seamless steel tube and so forth, and collects the state-of-the-art design and manufacturing technology of metallurgical equipment. With its research and development capability for core metallurgical equipment, it supports technical revamping of steel makers and fosters a strategic industry matching and interactively developing with Baosteel's iron & steel production.

Shanghai Baosight Software Co., Ltd.

Shanghai Baosight Software Co., Ltd. (Baosight), a listed software enterprise hold by Baosteel, was established in April 2000 and listed in April 2001 with a registered capital of RMB 260 million. Its business involves in metallurgical industry, power, transportation, finance, trade, pharmacy, health and other industries. Striving for building an “engineering-product-service” industrial chain, it takes the leading in the three domains, i.e. enterprise informatization, process automation and urban informatization. Baosight, “New and High Technology Enterprise, Shanghai”, has qualifications for “operation through science and technology”, “information service” and “equipment repair”, the “security-concerning qualification” issued by the State Security Bureau, “class A qualification for the integration engineering design of building intelligence system” awarded by the Ministry of Construction and first-class certificate for “computer information system integration qualification” issued by the State Ministry of Information Industry. It has passed the certification for ISO9001 quality management system, version 2000 and official evaluation of CMM class III, and become key software enterprise in the national planning layout 2003.

Shanghai Baosteel Chemical Co., Ltd.

Shanghai Baosteel Chemical Co., Ltd. (Baosteel Chemical) tops the list of China’s coal chemical industry with an annual capacity of 2.75 billion Nm3 coke oven gas, 260,000t coke tar and 114,000t crude benzol, and 460,000t various chemicals. Its products such as pure benzol, pitch coke, coumarone, quinoline, cresol,β-methylnaphthalene and refined naphthalene sell well in U.S., European Communities, Russia, Japan, South Korea, ASEAN and so on. Having passed the certification for ISO9002 quality management system and obtained ISO14001 certificate ratified by UKAS, Baosteel Chemical is the first enterprise passing the certification of environmental management system in China’s coal chemical industry. On January 1, 2004, Baosteel Chemical integrated with Meishan Chemical, as further strengthens the comprehensive power of Baosteel Chemical and seats Baosteel Chemical in No.1 position countrywide and global No. 4 in tar processing.

Shanghai Baosteel Business Development Co., Ltd.

Shanghai Baosteel Business Development Co., Ltd. (BBDC), a subsidiary wholly-owned by Baosteel, has basically come to the business pattern with metal packing, steel structure and industrial gas as its core businesses. Its processed products mainly are steel can, metal color coating, heavy steel structure, light steel structure, high-frequency thin H beam, cold-bending profile steel, fences, arch, color steel window, liquid gas, bottle gas, industrial gas, medical gas, special gas and so on. Striving to develop core products, it is making itself the industrial base of superior quality products after extended design and processing of Baosteel’s products.

Baosteel Group Enterprise Development Corporation

Baosteel Group Enterprise Development Corporation (Development Corporation) sticks to supporting Baosteel for environmental protection and cleaning work. Through technical breakthrough and comprehensive utilization of wastes, it is developing multitude industry, having engaged in 94 categories of industries with 8 items awarded the verification for transformation of new and high technical achievements, Shanghai. It is vigorously forwarding the development of six pillar industries, i.e. comprehensive utilization, magnetic material, new building material, logistics, real estate and construction, and creating brands of six major services including packing for iron and steel products, automotive service, Baosteel property, Baosteel catering, Baosteel afforestation, industrial hygiene and service to the aged, in a bid to make the company a modern enterprise with core competitiveness and diversified businesses.