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Is CITIC Pacific Special Steel Group a private enterprise or a state-owned enterprise?
CITIC Pacific Special Steel Group is a private enterprise. CITIC Pacific Special Steel Group Co., Ltd. (hereinafter referred to as CITIC Special Steel) is a subsidiary of China CITIC Co., Ltd., and its subsidiaries include Jiangyin Xingcheng Special Steel Co., Ltd., Daye Special Steel Co., Ltd., Qingdao Special Steel Co., Ltd., Jingjiang Special Steel Co., Ltd., Tongling Pacific Special Materials Co., Ltd., Yangzhou Pacific Special Materials Co., Ltd., Pacific Special Steel Suspension Co., Ltd. and Zhejiang Pacific Seamless Steel Pipe Co., Ltd.

The annual output of CITIC Special Steel is more than 0/30,000 tons of special steel/KLOC-,and its technical equipment has reached the advanced level in the world. It is a global production base of fine special steel with large steel coverage, complete varieties and many product categories. It has six product groups: alloy steel bar, special plate, special seamless steel tube, special metallurgical forging, alloy steel wire rod and continuous casting alloy round billet, as well as deep processing of quenched and tempered materials, silver materials, automobile parts and grinding balls.

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China CITIC Co., Ltd. (hereinafter referred to as "CITIC Shares") was established on February 201kloc-0/65438. It was jointly established by China CITIC Group Co., Ltd. (hereinafter referred to as "CITIC Group") and its wholly-owned subsidiary, Beijing CITIC Enterprise Management Company, with a registered capital of RMB128 billion.

Citic Group, a shareholder of CITIC, was founded by Mr. Rong Yiren in 1979 with the advocacy and support of Mr. Deng Xiaoping. CITIC is a large-scale comprehensive multinational enterprise group that pays equal attention to finance and industry. Its business involves banking, securities, trust, insurance, funds, asset management and other financial fields, as well as real estate, engineering contracting, resources and energy, infrastructure, machinery manufacturing, information industry and other industrial fields.

Official Website of CITIC Pacific Special Steel Group-Group Overview

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