Company Sinosteel New Materials Co., Ltd.

Equities

002057

CNE000001N88

Commodity Chemicals

End-of-day quote Shenzhen S.E. 23:00:00 12/05/2024 BST 5-day change 1st Jan Change
8.45 CNY -4.20% Intraday chart for Sinosteel New Materials Co., Ltd. +1.56% +5.10%

Business Summary

Sinosteel New Materials Co Ltd is a China-based company mainly engaged in magnetic materials and inspection and testing business. Its main products and businesses include soft magnetic materials, permanent magnet devices, rare earth permanent magnet devices and inspection and testing services. The soft magnetic material products include manganese tetroxide, iron silicon powder, sendust powder and so on. The inspection and testing services mainly include testing of metal products, steel structures, engineering raw materials and structural parts. The Company's business also includes metal products, mining, building materials and metallurgical equipment. The Company mainly conducts business in the domestic market.

Number of employees: 1,332

Sales per Business

CNY in Million2022Weight2023Weight Delta
Maanshan
42.4 %
1,276 46.2 % 1,175 42.4 % -7.92%
Zhengzhou
41.6 %
1,003 36.3 % 1,152 41.6 % +14.78%
Changsha
10.5 %
342 12.4 % 292 10.5 % -14.65%
Inter-segment Elimination
-4.5 %
-120 -4.3 % -126 -4.5 % +4.96%
Jiangsu
4.3 %
134 4.9 % 118 4.3 % -12.44%
Japan
3.4 %
15 0.5 % 94 3.4 % +539.86%
Anshan
2.4 %
112 4.1 % 66 2.4 % -40.76%

Sales per region

CNY in Million2022Weight2023Weight Delta
China
92.4 %
2,570 93.0 % 2,560 92.4 % -0.40%
Abroad
7.6 %
192 7.0 % 210 7.6 % +9.58%

Managers

Managers TitleAgeSince
Chief Executive Officer 48 16/05/21
Director of Finance/CFO 49 03/03/20
Chief Tech/Sci/R&D Officer 54 15/06/22
Investor Relations Contact - -
Corporate Secretary 46 28/02/06

Members of the board

Members of the board TitleAgeSince
Director/Board Member 57 06/10/07
46 -
Director/Board Member 61 07/05/14
Director/Board Member 69 12/09/17
Chairman 60 16/05/21
Chairman 59 16/05/21
Director/Board Member 42 16/05/21
Director/Board Member 67 12/09/17
Director/Board Member 64 16/05/21
Director/Board Member 60 16/05/21

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 771,907,776 459,482,109 ( 59.53 %) 0 59.53 %

Shareholders

NameEquities%Valuation
China State-Owned Assets Supervision & Admn Commission
52.00 %
249,321,261 52.00 % 268 M ¥
China Asset Management Co., Ltd.
5.950 %
28,526,576 5.950 % 31 M ¥
Tianjin Zhencheng Information Consulting Co. Ltd.
4.501 %
21,582,734 4.501 % 23 M ¥
17,338,036 3.616 % 19 M ¥
Guotai Asset Management Co., Ltd.
3.546 %
17,000,000 3.546 % 18 M ¥
Huashang Fund Management Co., Ltd.
2.359 %
11,309,925 2.359 % 12 M ¥
Yu Xia Mao
2.335 %
11,196,650 2.335 % 12 M ¥
CCB Principal Asset Management Co., Ltd.
2.187 %
10,484,804 2.187 % 11 M ¥
UBS SDIC Fund Management Co., Ltd.
1.019 %
4,886,600 1.019 % 5 M ¥
Orient Securities Asset Management Co. Ltd.
0.5736 %
2,750,000 0.5736 % 3 M ¥

Company contact information

Sinosteel New Materials Co., Ltd.

9, North Section Huolishan Avenue

243000, Maanshan

+86 55 5520 0288

http://www.ty-magnet.com
address Sinosteel New Materials Co., Ltd.(002057)
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