Gansu Jiu Steel Grp. Hongxing I & S Company Profile - Aug 13, 2011 by WrightReports

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									Company Fundamentals\Company Profile

   A Wright Investors' Service Research Report:

   Gansu Jiu Steel Grp. Hongxing I & S
                                                                                       440 Wheelers Farms Road
                                                                                       Milford, CT 06461 U.S.A.


  COMPANY PROFILE
  Figures in Chinese Renmimbi

                                  Wright Quality Rating:CBD3                                Key Data

   Gansu Jiu Steel Group Hongxing Iron & Steel Co., Ltd. is principally engaged in          Ticker:
   manufacture and distribution of steel and iron products. The Company provides steel      600307
   billets, plates, wires, rods, plates, iron ladle, coke, chemical products and power
   products, among others. The Company also involves in materials trading business. It      2010 Sales:
   distributes its products primarily in domestic market, with the Northwest China as its
                                                                                            39,523,654,000
   major market. As of December 31, 2010, the Company had two subsidiaries, which
   involved in manufacture and distribution of iron and steel products.
                                                                                            Major Industry:
                          Stock Chart                                 Officers
                                                                                            Metal Producers & Products
                                                                      Chairman
                                                                                            Manufacturers
                                                                      Haiyan Yu

                                                               Chief Financial Officer      Sub Industry:
                                                                     Jirong Guo             Steel Producers -
                                                                                            Integrated
                                                                      Secretary
                                                                     Zhiguo Song            Country:
                                                                                            China

                                                                                            Currency:
                                                                                            Chinese Renmimbi

                                                                                            Fiscal Year Ends:
                                                                                            December

                                                                                            Employees
                                                                                            16,387
                Stock Price (8/5/2011): 6.00
                 Recent stock performance                                                   Exchanges:
                     1 Week      -4.3%                                                      SHG
                     4 Weeks      6.4%
                     13 Weeks    -1.2%                                                      Share T
								
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