About Sinosteel
Sinosteel is a company based in Beijing (China) founded in 1993 was acquired by Baowu Steel Group in March 2023.. Sinosteel has completed 1 acquisition, including Samancor Chrome.
- Headquarter Beijing, China
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Sectors
Industrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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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
- Investments & Acquisitions
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Acquired by
Baowu Steel Group
(Mar 27, 2023)
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Leadership Team
1 people
Geologist Team
1 people
Supervisor Team
1 people
The Team
1 people
Engenheiro Team
1 people
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Funding Insights of Sinosteel
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Sinosteel
Sinosteel 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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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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 Sinosteel
Sinosteel has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Samancor Chrome. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Chrome mining, ferrochrome production, and related industrial services in South Africa.
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Sinosteel
| 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 |
Sinosteel Comparisons
Competitors of Sinosteel
| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Sinosteel
Frequently Asked Questions about Sinosteel
When was Sinosteel founded?
Sinosteel was founded in 1993.
Where is Sinosteel located?
Sinosteel is headquartered in Beijing, China.
What does Sinosteel do?
Sinosteel was founded in 1993 and is headquartered in Beijing, China. Operations focus on the manufacturing and processing of metallurgical resources within the metals and mining sector. Services encompass resource extraction, refining, and distribution to support industrial applications. The company is led by Managing Director Liu Andong, with activities centered in China and extending to international markets for raw materials and processed products.
How many acquisitions has Sinosteel made?
Sinosteel has made 1 acquisition, including Samancor Chrome.
Who are Sinosteel's investors?
Sinosteel has 1 investor. Key investors include China Baowu Steel Group.