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.