About Shandong Iron and Steel Group
The company was established in 2008 in Jinan, China, within the ferrous metals sector. Operations encompass mining, smelting, and processing of iron and steel, alongside trade services. Based in Shandong province, activities support domestic and regional markets. In 2021, annual revenues reached 17.14 billion, while net profit stood at 0.19 billion, reflecting steady performance in a competitive industry.
- Headquarter Jinan, China
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Sectors
Industrial Goods & Manufacturing
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Phone
*********
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Website
*********
- Legal Name Shandong Iron And Steel Group Co., Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Baowu Steel Group
(Dec 29, 2023)
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Funding Insights of Shandong Iron and Steel Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Shandong Iron and Steel Group
Shandong Iron and Steel Group has secured backing from 1 investor. Prominent investors backing the company include China Baowu Steel Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Steel production, manufacturing, and related services in China.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Shandong Iron and Steel Group
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Shandong Iron and Steel Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Shandong Iron And Steel Group Comparisons
Competitors of Shandong Iron and Steel Group
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Shandong Iron And Steel Group
Frequently Asked Questions about Shandong Iron and Steel Group
When was Shandong Iron and Steel Group founded?
Shandong Iron and Steel Group was founded in 2008.
Where is Shandong Iron and Steel Group located?
Shandong Iron and Steel Group is headquartered in Jinan, China. It is registered at Jinan, Shandong, China.
Who is the current CEO of Shandong Iron and Steel Group?
Hou Jun is the current CEO of Shandong Iron and Steel Group.
What does Shandong Iron and Steel Group do?
The company was established in 2008 in Jinan, China, within the ferrous metals sector. Operations encompass mining, smelting, and processing of iron and steel, alongside trade services. Based in Shandong province, activities support domestic and regional markets. In 2021, annual revenues reached 17.14 billion, while net profit stood at 0.19 billion, reflecting steady performance in a competitive industry.
Who are Shandong Iron and Steel Group's investors?
Shandong Iron and Steel Group has 1 investor. Key investors include China Baowu Steel Group.