About Us

China announced the provisions on deepening the reform and development of state-owned enterprises, industry restructuring, and production capacity optimization. Since its establishment, CITIC Pacific Special Steel has always firmly seized the strategic opportunities. With the constant focus on the special steel field, it has deeply cultivated, diligently conducted and carefully planned its main business, and completed the magnificent transformation and upgrading from “General to Excellent, Excellent to Special, Special to Exquisite”. With the simultaneous efforts in the restructuring and reform, and seamless integration, it realized the “5+2+2” strategic upgrade of entire industry chain along the rivers and coasts, and drawn a grand blueprint of “Begin Strong - Become Exquisite - Develop with high quality”.

  • 1993

    The joint venture, Jiangyin Xingcheng Special Steel Works Co., Ltd, which is invested by Hong Kong CITIC Pacific and Jiangyin Steel Works, was established.

  • 2004

    Hong Kong CITIC Pacific acquired Hubei Yegang and established Hubei Xinyegang Steel Co., Ltd. (Currently named as Daye Special Steel).

  • 2008

    Acquired the coking project under construction of Tongling Yaxing Coking Co., Ltd. and established Tongling Pacific Special Materials Co., Ltd.

  • 2017

    Acquired Qingdao Special Iron and Steel Co., Ltd. and thus perfected its strategic layout.

  • 2018

    Acquired VALIN Wuxi Steel, and and renamed it to Jingjiang Special Steel Co., Ltd.

  • 2019

    Acquired “Zhejiang Gross Seamless Steel Tube Co., Ltd.” and renamed it to “Zhejiang Pacific Seamless Steel Tube”, which formed the “Major Extended Processing Bases” with Pacific Special Steel Suspension (Jinan).

  • 2019

    Launched an overall listing, and the listed company is renamed to “CITIC Pacific Special Steel Group Co., Ltd.”

  • 2021

    Acquired 20.4% equity of Tianjin Pipe Co., Ltd. and be fully responsible for the production, operation and management.

  • 2023

    Won the bid for 60% equity of Shanghai Electric Group Steel Pipe, and obtained the controlling stake of Tianjin Pipe Co., Ltd.

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