In 2006, with the approval of the State-owned Assets Supervision and Administration Commission of Shanxi Province, TISCO reorganized its main steel business and sold its 100% equity to Shanxi TISCO Stainless Steel Co., Ltd., becoming a wholly-owned subsidiary of TISCO Stainless. In August, 2008, with the approval of Shanxi State-owned Assets Supervision and Administration Commission, Taigang Group, Taigang Stainless and the board of directors of our company, Taiyuan Iron and Steel (Group) Raw Materials Trading Co., Ltd. divested other assets except monetary assets first. Then TISCO Group acquired the company 100% equity held by TISCO Stainless. The controlling shareholder of the company was changed to Taigang Group, the company name was changed to "Shanxi Taigang Investment Co., Ltd.", the registered capital was increased from/kloc-0.5 million yuan to/kloc-0.0 billion yuan, and the business scope was changed to "industrial investment and consulting management (permitted by laws and regulations)".

Development strategy: Carry out the company's development idea of realizing "three transformations", give full play to TISCO's brand advantages, enter the financial field, and become the financial asset management platform of the group company.

Main business models in the near future: PE investment and securities investment; To undertake the strategic investment business of the group company; Private equity investment management and so on.