Does Egang belong to Baosteel?

It belongs to China Baowu Iron and Steel Group Co., Ltd. (China Baowu for short) and is formed by the joint reorganization of former Baosteel Group Co., Ltd. and Wuhan Iron and Steel (Group) Company. It was unveiled on June 0, 20 16+ 16. 2065438+September 2009, China Baowu implemented a joint reorganization of Maanshan Iron and Steel Group; In August 2020, China Baowu and Taigang implemented a joint restructuring; On June 5438+00, 2020, China Baowu hosted Sinosteel; From June 5438 to February 2020, China Baowu became the actual controller of Chongqing Iron and Steel. China Baowu has a registered capital of 52.79 billion yuan and an asset size of 10 14 1 100 million yuan. It is a pilot enterprise of state-owned capital investment company. In 2020, China Baowu will continue to maintain its leading position in the industry, ranking first in the world in terms of operating scale and profitability. China Baowu is committed to creating a pattern of coordinated development of new materials industry, smart service industry, resources and environment industry, industrial park industry, industrial finance industry and other related industries based on green and smart steel manufacturing industry through technical guidance, interest guidance and scale guidance. China Baowu regards green as the life background and strategic primary color of the enterprise, vigorously promotes the development of green and low carbon, vigorously promotes the manufacturing of green steel products, and vigorously promotes intelligent manufacturing to support green development. 202 1 1 China Baowu took the lead in issuing a declaration on carbon emission reduction in the steel industry: strive to reach the peak of carbon dioxide emission in 2023 and achieve carbon neutrality in 2050.