According to Aiqi's investigation, Zhongtian Iron and Steel Group is not a state-owned enterprise. Zhongtian Iron and Steel Group Co., Ltd., headquartered in Changzhou, Jiangsu Province, was established in September of 200 1 year, and has now formed three production bases in Changzhou, Nantong and Huai 'an. Zhongtian Iron and Steel Group's business covers iron and steel smelting, steel deep processing, modern logistics, international trade and other large steel joint ventures. Licensed items include power generation business, power transmission business and power supply (distribution) business.