Are Pangang and Cheng Gang enterprises?

Pangang Group Co., Ltd. (hereinafter referred to as Pangang) was originally a central enterprise directly managed by the State Council State-owned Assets Supervision and Administration Commission, and now it is a wholly-owned subsidiary of Angang Group. For more than forty years, Panzhihua Iron and Steel Co., Ltd. relied on the rich advantages of vanadium-titanium magnetite resources in Panxi area and made independent innovation, which promoted the leap-forward development of vanadium-titanium industry in steel. Through the construction of the first and second phase projects, technical transformation and capital operation in recent years, it has developed into a modern trans-regional and cross-industry steel vanadium and titanium enterprise group. The main businesses of steel vanadium and titanium are mainly distributed in Panzhihua City, qingbaijiang district City, Mianyang City, jiangyou city City, Chongqing City and Beihai City, Guangxi Autonomous Region. Operating assets have been listed as a whole. Cheng Gang is also Panzhihua Iron and Steel Group Chengdu Steel Vanadium Co., Ltd.