Is Suqian Jin Xin Steel Rolling Co., Ltd. of Nangang a private enterprise or a state-owned enterprise?

private enterprise

Suqian Nangang Jin Xin Steel Rolling Co., Ltd. is a wholly-owned subsidiary of Nanjing Iron and Steel United Co., Ltd., located at No.89 Jiangshan Avenue, Suyu Economic and Technological Development Zone, Suqian City, Jiangsu Province, with the golden waterway of Beijing-Hangzhou Grand Canal in the west and Ningsu-Xu Expressway in the east, and the land and water transportation is very convenient.

Nanjing Iron and Steel Group Co., Ltd., formerly known as Nanjing Iron and Steel Works, was founded in 1958. It is a super-large iron and steel enterprise in China and a key iron and steel enterprise in Jiangsu Province. 1In July, 1996, Nanjing Iron and Steel Plant was restructured into Nanjing Iron and Steel Group Co., Ltd., and Nanjing Iron and Steel Group was established with Nanjing Iron and Steel Group Co., Ltd. as the core; In September 2000, "Nangang Stock" was successfully issued and listed on the Shanghai Stock Exchange. In April 2003, Nanjing Iron and Steel Group Co., Ltd. implemented enterprise restructuring and asset reorganization, and changed from a wholly state-owned company to a non-state-owned holding company, realizing a major change in the enterprise management mechanism.