What is the level of WISCO Group Co., Ltd.

WISCO Group Co., Ltd. is an important state-owned backbone enterprise directly under People's Republic of China (PRC) and the State Council, and belongs to the key leading enterprise in China iron and steel industry. At the company level, WISCO Group Co., Ltd. can be regarded as a state-owned enterprise group. At the company level, enterprise groups are usually controlled by the parent company to achieve resource integration and risk diversification. According to public information, WISCO Group Co., Ltd. has a number of subsidiaries and branches, with complete industrial chain and high market share. Generally speaking, WISCO Group Co., Ltd. is a large state-owned enterprise with high status and influence in the steel industry.