Fangda Special Steel

Fangda Special Steel Technology Co., Ltd. (stock code 600507), formerly Nanchang Iron and Steel Co., Ltd., was founded in 1958 (hereinafter referred to as the "Company"), and is one of the steel companies under Liaoning Fangda Group. It is an integrated steel enterprise that combines mining, coking, sintering, ironmaking, steelmaking, and rolling processes, with a complete industrial chain of "mining → smelting → rolling of spring flats → leaf springs." The Company currently has more than 7,600 on-duty employees (including more than 5,600 on-duty employees at the steel headquarters and about 2,000 at controlled subsidiaries). The Company has assets of tens of billions of yuan and ranks among the top two in profitability in the steel association industry rankings. It is a China Top 500 Enterprise and a premium production base for national spring flat steel, automobile leaf springs, and free-cutting steel.