Beijing Shougang Co., Ltd. is a China-based company principally engaged in smelting, rolling and processing of iron and steel products. The Company operates its businesses through metallurgy, chemical, construction materials and electronics production. Its major products are steel materials, steel billets, cold-rolled thin plates, other iron and steel products, chemical products, construction materials and electronic products, among others. The Company distributes its products in domestic and overseas markets. As of December 31, 2010, the Company had four subsidiaries and three affiliates, which involved in manufacture and distribution of metallurgical products, construction materials and solar equipment, as well as industrial investment and technology development.