Panzhihua New Steel and Vanadium
Encyclopedia
Panzhihua New Steel & Vanadium Company Limited , parented
by Panzhihua Iron and Steel
, involves in the manufacture and sales
of iron
, steel
and vanadium
products. It is headquartered in Panzhihua
, Sichuan
, China
.
It was established in 1993 with the name of Pangang Group Steel Plate Company Limited. It was listed on the Shenzhen Stock Exchange
in 1996. Its name was changed to Panzhihua New Steel & Vanadium Company Limited in 1998.
Parent company
A parent company is a company that owns enough voting stock in another firm to control management and operations by influencing or electing its board of directors; the second company being deemed as a subsidiary of the parent company...
by Panzhihua Iron and Steel
Panzhihua Iron and Steel
Panzhihua Iron and Steel Company Limited, or Pangang, is the state-owned enterprise in Panzhihua, Sichuan, China. It is the largest steel maker in Western China. It is also the largest vanadium product manufacturer in China, and the second largest in the world...
, involves in the manufacture and sales
Sales
A sale is the act of selling a product or service in return for money or other compensation. It is an act of completion of a commercial activity....
of iron
Iron
Iron is a chemical element with the symbol Fe and atomic number 26. It is a metal in the first transition series. It is the most common element forming the planet Earth as a whole, forming much of Earth's outer and inner core. It is the fourth most common element in the Earth's crust...
, steel
Steel
Steel is an alloy that consists mostly of iron and has a carbon content between 0.2% and 2.1% by weight, depending on the grade. Carbon is the most common alloying material for iron, but various other alloying elements are used, such as manganese, chromium, vanadium, and tungsten...
and vanadium
Vanadium
Vanadium is a chemical element with the symbol V and atomic number 23. It is a hard, silvery gray, ductile and malleable transition metal. The formation of an oxide layer stabilizes the metal against oxidation. The element is found only in chemically combined form in nature...
products. It is headquartered in Panzhihua
Panzhihua
Panzhihua is a prefecture-level city located in the far south of Sichuan province of Southwest China, on the confluence of the Jinsha and Yalong Rivers. It has an administrative area of , and a total population of 1,100,800 as of 2007. It is the only city in China having a name of a flower, and...
, Sichuan
Sichuan
' , known formerly in the West by its postal map spellings of Szechwan or Szechuan is a province in Southwest China with its capital in Chengdu...
, China
China
Chinese civilization may refer to:* China for more general discussion of the country.* Chinese culture* Greater China, the transnational community of ethnic Chinese.* History of China* Sinosphere, the area historically affected by Chinese culture...
.
It was established in 1993 with the name of Pangang Group Steel Plate Company Limited. It was listed on the Shenzhen Stock Exchange
Shenzhen Stock Exchange
The Shenzhen Stock Exchange is one of the People's Republic of China's two stock exchanges, alongside the Shanghai Stock Exchange. It is based in Shenzhen, China...
in 1996. Its name was changed to Panzhihua New Steel & Vanadium Company Limited in 1998.