Guangdong Guangqing Metal Technology gains approval for POSCO China stainless steel acquisition

Guangdong Guangqing Metal Technology has secured official clearance to purchase equity in POSCO (Zhangjiagang) Stainless Steel Co., Ltd. and Qingdao Pohang Stainless Steel Co., Ltd.

Established in 2010 through a partnership between Guangdong Guangxin Holdings Group and Tsingshan Holding Group, Guangdong Guangqing Metal Technology operates as a major industry player with a CNY 5.5 billion investment.

The company generates more than CNY 30 billion in annual output, manufacturing a diverse range of products that includes 200, 300, and 400 series stainless steel alongside duplex grades.