| As a professional investment company in the metallurgical industry, Sinosteel Investment Company has held and participated in the equity of insurance companies, securities companies and investment management companies. The investing fields include finance and insurance, securities investment, asset management, textile industry and many other industrial sectors. The company also conducts investment consultancy business in relevant field. Through asset management operations, the company has made successful trials and gained valuable experience as well as financial reward. Credit business has developed strong professional capabilities and enjoyed good reputation. Up to now, the total loan facility raised for domestic large iron and steel enterprises reached USD 500 million and export reached USD 2 billion with export credit.
In 2001, Sinosteel Investment Company successfully transferred its 22 million corporate shares of China Double Company Limited and gained quite a high rate of return. This project is a quite successful investment project, which on the one hand received good financial reward, and on the other hand, solved the company’s early issue of creditor’s right.
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