The financial investment industry is closely associated with the primary iron & steel business. The combination of the business with finance can effectively boost the development of the primary iron & steel business and enhance the comprehensive competitiveness of the primary iron & steel business. Baosteel’s presence in the financial investment industry is achieved through Fortune Investment Co., Ltd.,Hwabao Trust Co., Ltd., Fortune SG Fund Management Co., Ltd.,Hwabao Securities Co., Ltd. and Baosteel Finance Co., Ltd.

Huabao Investment Co., Ltd.

Fortune Investment Co., Ltd. was established in March, 2007,with registered capital of RMB 6.869 billion. It is a wholly-owned subsidiary of Baoshan Iron and Steel Co., Ltd. In accordance with the principles of corporate governance structure, it manages and controls financial institutions of Baosteel such as Hwabao Trust, Fortune SG,Hwabao Securities, etc. for promoting resource sharing and business interaction.

Fortune Investment Co., Ltd. dedicated to equity investment business, and selected outstanding enterprises for direct investment;while actively seeking investment opportunities of mainstream financial industry as well as upstream and downstream industry chain related to steel industry sector, it increased key investments in sectors such as public facilities, huge consumption, pharmaceuticals & medical and other anti-cyclical industries, and sectors such as energy conservation and environmental protection, new materials,high-end equipments and part of the high-tech sectors; in addition,it participated in the equity investment business indirectly by taking advantage of market-oriented operation.

At present, Fortune Investment Co., Ltd. hold 14.17% shares of China Pacific Insurance, 59.41% shares of Hwabao Securities, 50% shares of ALD and Fortune Automotive Leasing Co., Ltd. (Shanghai),20% shares of Sailing Capital Management Co., Ltd., 9.84% shares of Shanghai Science and Technology Venture Investment Co., Ltd.

Fortune Investment Co., Ltd. realized an operating income of RMB 2.57 billion, gained a total profit of RMB 1.629 billion (both including China Pacific Insurance) and the size of asset under its management hit RMB 254 billion.

- ADD:59/F, SWFC, NO.100 CENTURY AVENUE, SHANGHAI, PRC
- Postal Code: 200120
- TEL: +86 21 38506555
- FAX: +86 21 68779288,68779299

Huabao Trust Co., Ltd.

- ADD:59/F SWFC,NO.100 CENTURY AVENUE,SHANGHAI, PRC
- Postal Code: 200120
- TEL: +86 21 38506666 CUSTOMER SERVICE: 40088 40098
- FAX:+86 21 68403999

Fortune SG Fund Management Co.,Ltd.

- ADD:58/F, SWFC, NO.100 CENTURY AVENUE,SHANGHAI, PRC
- Postal Code:200120
- TEL: +86 21 38505888 CUST0MER SERVICE: 400 700 5588
- FAX: +86 21 38505777

Huabao Securities Co., Ltd.

- ADD:57/F, SWFC,NO.100 CENTURY AVENUE,SHANGHAI,PRC
- Postal Code: 200120
- TEL: +86 21 68777222 CUSTOMER SERVICE: 400 820 9898
- FAX: +86 21 68777822