company limited type state owned enterprise red chip industry conglomerate founded 1993 ; 23 years ago 1993 headquarters hong kong people s republic of china area served people s republic of china key people chairman mr. wang qinghai parent shougang group website shougang concord international holdings limited shougang concord international enterprises company limited sehk 697 is the subsidiary of beijing based state owned shougang group 1 engaging in seven businesses steel manufacturing steel trading shipping segment electric generation property investment and management and other corporate businesses . 2 history edit shougang concord international was formerly tung wing steel and iron company limited tung wing steel . in 1992 shougang group partnered with li ka shing from cheung kong holdings to acquire 51 % and 21 % of total shares of tung wing steel respectively and then tung wing steel became the subsidiary of shougang group . in 1993 tung wing steel was renamed to shougang concord international the present company name . 3 4 shougang concord international is one of the most historical red chip shares in hong kong . it joined the hang seng china affiliated corporations index in 1993 but it was expelled from the index in 2001 . it rejoined the index in 2008 . 5 references edit shougang concord gets 320m for expansions shougang concord international enterprises company limited shougang spent us 20 million to purchase 51 % of the total share of tung wing steel and iron ltd. investors dump firms with china ties shougang rattles market constituents of hang seng china affiliated corporations index external links edit shougang concord international holdings limited v t e steel companies of china companies of china economy of china ansteel group angang steel company baosteel group baoshan iron and steel meishan iron and steel wuhan iron and steel company wuhan iron and steel corporation shaoguan iron and steel xinjiang ba yi iron & steel group baotou steel benxi steel chongqing iron and steel company dongbei special steel beiman special steel fengbao iron and steel fushun special steel hesteel group hansteel group tangsteel group hunan valin steel linzhou steel maanshan iron and steel company magang group holding company jianlong steel nanjing iron and steel panzhihua iron and steel panzhihua new steel and vanadium shagang group shandong iron and steel group shougang shougang limited shougang concord international tianjin pipe tiangong international tonghua iron and steel group category v t e hang seng china affiliated corporations index companies of hong kong poly hong kong investments yuexiu property kunlun energy china merchants holdings international guangdong investment china resources enterprise sinofert shanghai industrial beijing enterprises china agri industries china overseas china unicom shougang concord international china jinmao china resources power tianjin development cnooc china mobile china taiping lenovo group china resources land cosco pacific china resources cement sino ocean land sinotruk retrieved from https en.wikipedia.org w index.php title shougang concord international & oldid 742531027 categories companies listed on the hong kong stock exchangeconglomerate companies of hong kongcompanies established in 1993government owned companies of chinasteel companies of chinaconglomerate companies of chinacheung kong holdings navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages edit links this page was last modified on 4 october 2016 at 07 28 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view