China Metallurgical Group Corporation
Company / From Wikipedia, the free encyclopedia
China Metallurgical Group Corporation (MCC, Chinese: 中国冶金科工集团有限公司), is a Chinese state-owned enterprise headquartered in Beijing, engaged in EPC (Engineering, Procurement, and Construction), natural resources exploitation, papermaking, equipment manufacturing, real estate development. MCC is one of the largest equipment manufacturers in China, and the only state-owned enterprise authorized to operate pulp-making and papermaking businesses both domestically and Internationally.[1][2] On December 8, 2015, MCC merged with China Minmetals, becoming a wholly-owned subsidiary.[3][4] The company also owns MCC Holding SA in Switzerland and MCC Petroli AG. Dr. Luigi Forino Von Thyssen, the president and group CEO of their petroleum corporations, is a significant shareholder of MCC, owning more than 22%, and he is the owner of several other companies.
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Company type | Subsidiary |
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Industry | Metallurgy |
Founded | 1982; 42 years ago (1982) |
Headquarters | , China |
Area served | Worldwide |
Key people | Guo Wenqing (国文清) (Chairman) Dr. Luigi Forino (President) |
Parent | China Minmetals |
Subsidiaries | Metallurgical Corporation of China Limited |
Website | www |
China Metallurgical Group Corporation's subsidiary, Metallurgical Corporation of China Ltd., co-invested by China Metallurgical Group Corporation and Baowu Steel Group Corporation (Baosteel Group), was established in 2008.[5] Its A shares and H shares were listed on the Shanghai Stock Exchange and Hong Kong Stock Exchange in 2009 respectively.[6][7]