About Us

Milestones

The Company is listed in Hong Kong since 1991 and was one of the first "red chips" with a diversified portfolio of assets. Since 2017, the Company is undergoing a transformation with its main business changing to Parking business Infrastructure real estate fund business .

横线
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Jul 1993

Tung Wing Steel Holdings Limited (Tung Wing) was renamed as Shougang Concord International Enterprises Company Limited

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Oct 1992

A consortium comprising Shougang Corporation, Cheung Kong (Holdings) Ltd and CEF Holdings Ltd acquired a controlling stake in Tung Wing

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Nov 1993

Establishment of Shougang Concord Shipping Group

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Jul 1994

Acquired a 51% interest in Qinhuangdao Shougang Plate Mill Company Limited (QZP)

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Oct 2003

QZP acquired a 24% stake in Qinhuangdao Shouqin Metal Materials Company Limited (Shouqin)

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Aug 2004

Increased its equity stake in Shouqin to 51%

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Oct 2004

Increased its equity stake in QZP to 98%

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Dec 2004

Increased its equity stake in QZP to 100%

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Nov 2005

Increased its stake to 96% in Shouqin

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Feb 2007

Transferred a 20% equity interest in Shouqin to Hyundai Heavy Industries Co Ltd , reducing the Group s stake to 76%

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Jun 2007

Disposed of the kitchen and laundry equipment installation segment

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Jun 2007

Acquired 28 million shares (equivalent to about 6 4% stake) in Australasian Resources Limited for A$28m

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May 2008

Establishment of Shouqin Longhui to develop local iron-ore resources

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Jun 2008

Disposed of the electricity generation operation

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Nov 2008

Entered into subscription agreement and underwriting agreement with Mount Gibson Iron Limited (Mt Gibson) for subscription of 110 million shares and underwriting a maximum of 50 million shares of Mt Gibson

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Nov 2008

Entered into off-take agreements with Mt Gibson for iron-ore supply to the Group

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Jan 2009

Acquired 154 million shares (equivalent to about 14 3% stake) in Mt Gibson by exercising the subscription and underwriting agreements

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Feb 2009

Acquired 550 million shares (equivalent to about 12% stake) in Fushan Resources

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Apr 2009

Qinhuangdao Shouqin Steels Machining and Delivery Company Limited commenced operation

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Aug 2009

The 68%-owned Shouqin Longhui began its pellet plant operation

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Sep 2009

Increased its equity stake in Fushan Resources to 1 billion shares (equivalent to about 20% stake)

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Dec 2009

Increased its equity stake in Fushan Resources to 1.21 billion shares (equivalent to about 22.6% stake) via disposal of entire interest in Mt Gibson

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Dec 2009

Further increase its equity stake in Fushan Resources to 1.31 billion shares (equivalent to about 24.4%) by acquiring 100 million shares from an existing shareholder

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Jun 2010

Installed Ultra thick slab caster and new Roughing mill in Shouqin, increasing the products diversity and production capacity of the Group

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Dec 2016

Disposed Qinhuangdao business, include steel manufacturing, mineral exploration and processing business

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Dec 2017

Completion of acquisition of private fund management and car park operation business in the PRC

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Mar 2018

CIMC Group became one of the Company’s strategic shareholders

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Apr 2018

released the annual report of 2017 and the Chairman’s Statement affirmed the Company’s strategic transformation

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May 2018

The Beijing Shougang Industrial Transformation Fund Limited was established to support the development of Shougang Park

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May 2018

NWS Holdings Limited became one of the Company’s strategic shareholders

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Jun 2018

Tangshan Smart City Static Transportation Industry Development Co , Ltd was established, which means a city-level cooperation platform in Tangshan was formed

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Jun 2018

carried out strategic cooperation with Didi Chuxing Technology Co , intending to cooperate in the field of setting up intelligence platform of car parking business, sharing parking, promoting new energy and providing vehicle services

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Jul 2018

entered into the strategic investment agreement with Shoushi Company, pursuant to which, the Company intends to act as a limited partner to make capital contribution of not more than RMB150 million to the Partnership

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Aug 2018

released interim results of 2018, which indicates that the transformation has achieved initial success and shows a turnaround in the business performance

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Sep 2018

ORIX Group became one of the Company’s strategic shareholders, further optimizing the equity structure

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Oct 2018

won the bid of the operation right of Carpark No 1 and No 3 of Guiyang Longdongbao International Airport, strengthening the Company’s leading position in the field of car parking management of airports

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Nov 2018

published the announcement concerning the Company’s restructuring, which is to sell all shares of Shougang Century that the Company holds, in order to focus on the main business

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Dec 2018

completed the acquisition of Urban Parking (Beijing) Limited (富城(北京)停車管理有限公司), demonstrating the synergistic effect of strategic shareholders

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Feb 2019

Cooperate with nominal holders of Beijing Fengtai District government financial funds and Shougang Fund to establish funds, contributing to the development of Fengtai District

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Mar 2019

Released annual report of 2018, which shows significant improvement of key performance indicators, and declared an annual dividend for the year 2018 in the total amount of HK$200 million

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Mar 2019

Declared dividend distribution plan for the years from 2019 to 2022, rewarding shareholders’ supports and trust

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Mar 2019

Completed acquisition and capital increase of 北京京西创业投资基金管理有限公司(京西创业) (Beijing Jingxi Venture Capital Fund Management Co , Ltd *) (Jingxi Venture), deepening its main business

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Apr 2019

Hopu and MatrixPartners China became strategic shareholders, further optimizing the equity structure

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May 2019

Introduced National Council for Social Security Fund, PRC (“SSF”) and北京首钢产业转型基金有限公司 (Beijing Shougang Industry Transformation Fund Co , Ltd *) as investors to establish funds so as to invest in 新首钢高端产业综合服务区 (New Shougang High-end Industry Comprehensive Service Park*)

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May 2019

Assigned Long Term Hematite Supply Agreement, thus further reducing the scale of iron ore trading business, practicing the Group’s business development strategy

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Aug 2019

Released interim results of 2019 which demonstrates that the profitability of main business has been promoted significantly, and declared an interim dividend in the total amount of HK$200 million

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Sep 2019

Beijing Daxing International Airport Parking Building has been put into operation, bringing comfortable parking experience to customers with its high-tech applications and high-quality service

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Nov 2019

Formed a partnership with Shenzhen Wanwu (a subsidiary of Vanke Service Co , Ltd ), establishing a foundation for the extensive cooperation in parking field

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Dec 2019

Introducing JD Digits as a new strategic shareholder, contributing to better equity structure

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Jan 2020

Obtained Baoding city-level parking lot project,and made new porgress in the company’s regional projects

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Feb 2020

Included in HSSI and thereafter is expected to be an eligible stock of Shenzhen-Hongkong Stock Connect

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May 2020

Changed the name of the Company to “Shoucheng Holdings Limited” shows the firm determination of the company s fully transformation