Shandong Iron & Steel Group Financial Co.,Ltd.

Shandong Iron and Steel Group Finance Co., Ltd

Shandong Iron and Steel Group Finance Co., Ltd. is mainly responsible for handling financial and financing consulting, credit authentication and related consulting and agency business for member units; assisting member units to realize the receipt and payment of transaction funds; approved insurance agency business, etc.

Basic information

Its Chinese name is "Shandong Iron & Steel Group Financial Co., Ltd." and its English name is "Shandong Iron & Steel Group Financial Co., Ltd.". The address of the company is 3 / F, building F, No. 1969, Shunhua Road, high tech Zone, Jinan City, Shandong Province. The registered capital is 1.6 billion yuan (including 10 million US dollars).

Composition of shareholders

（1） Shandong Iron and Steel Group Co., Ltd. contributed 1.08 billion yuan, accounting for 67.5%; (2) Jigang Group Co., Ltd. contributed 170 million yuan (including 5 million US dollars), accounting for 10.625%; (3) Laiwu Iron and Steel Co., Ltd. contributed 170 million yuan (including 5 million US dollars), accounting for 10.625%; (4) Shandong Iron and Steel Co., Ltd Jinling Mining Co., Ltd. invested 100 million yuan, accounting for 6.25%; (5) China Xinda Asset Management Co., Ltd. invested 80 million yuan, accounting for 5%.

Business scope

（1） Handling financial and financing consultancy, credit assurance and related consulting and agency business for member units; (2) assisting member units to realize the receipt and payment of transaction funds; (3) approved insurance agency business; (4) providing guarantee for member units; (5) handling entrusted loan between member units; (6) handling bill acceptance and discount for member units (7) to handle the internal transfer settlement between member units and the design of corresponding settlement and liquidation schemes; (8) to absorb the deposits of member units; (9) to handle loans and financial leasing for member units; (10) to engage in inter-bank lending.

Directors and officers

Chairman Tao Dengkui, Director Wei Kechao, director Zhang Dejin, director Wang Jichao, director Wan Xiangang, director Huang Jiafeng, director Zhao Yonghui and deputy general manager, general manager Chen Qingmin and executive deputy general manager Pei Jianguang

Opening Approval

Official Reply of China Banking Regulatory Commission on the opening of Shandong Iron and Steel Group Finance Co., Ltd. (No. 53 of CBRC), date of reply: February 1, 2012.