Sinosteel Investment Company (formerly China International Iron & Steel Investment Corporation) was established in 1986 by the approval of the State Council of the People's Republic of China. Once affiliated to the State Development and Planning Commission and the former Ministry of Metallurgical Industry, now it is a subsidiary company of Sinosteel Corporation and is a legal entity with a registered capital of 300 million Yuan at the State Administration of Industry and Commerce. Since its establishment, holding the philosophy of combining industrial trade and technical trade, Sinosteel Investment Company has made significant achievements in the fields of investment, financing, consultancy as well as domestic and international trade. The company keeps a good relationship with enterprises of metallurgical, non-ferrous, raw materials and mechanical manufacture industries as well as World Bank and Asian Development Bank. The company also keeps a good relationship with relevant government departments at both central and local levels. Sinosteel Investment Company enjoys a high recognition in the iron and steel industry and financial sector. It has many strategic partners in financially developed countries and regions and provides good investment and financing services for Sinosteel Corporation and relevant enterprises. And it has gradually developed into a comprehensive enterprise combining investment, finance and trade. By fully exploiting both domestic and international resources, utilizing two channels of funds and two markets of both home and abroad, supported by finance and with investment as the main business, seeking higher investment returns as investment strategy, Sinosteel Investment Company has cultivated a professional team with rich experience in asset restructuring and investment consultancy. As a wholly owned subsidiary company and an investment window for Sinosteel Corporation, the company actively participates in project investment and financing as well as relevant financial services after its strategic restructuring and new orientation. With the gradual opening up and perfection of domestic capital market, the company fully utilizes its own advantages to enlarge and exploit new business realm through merger and acquisition, asset management, investment consultancy and financial advisory, providing customers with value added services to achieve mutual development.