Founded in 1919, Shougang Group is the epitome of China’s iron and steel industry, and a banner of reform and opening up, has participated in and witnessed the historic leap of China’s steel industry that has started from nothing, grown up and is becoming strong, and the tremendous transformation of the Chinese nation that has stood up, grown rich, and is becoming strong, and grown into an integrated enterprise group with cross-industry, cross-region, cross-ownership and transnational operations. Shougang Group owns, controls or participates in more than 600 enterprises, has a total asset of more than RMB500 billion and nearly 90,000 employees. Since 2011, Shougang Group has entered in the Global 500 list eight times. In recent years, Shougang Group has played the demonstrating and guiding role in the coordinated development of the Beijing-Tianjin-Hebei region, and become the platform and carrier for the Beijing municipal and Hebei provincial government to implement the relevant national strategies. 

Blossom & Credit is a professional law firm focusing on the provision of legal services in respect of securities and finance, corporate merger, acquisition and reorganization, corporate bankruptcy and liquidation, foreign investment, real estate, intellectual properties, commercial litigation and arbitration, etc. During 17 years’ practice of law, Blossom & Credit has provided practical, product-based, innovative, professional legal services in the field of state-owned asset practice to China Mobile, China National Building Material Group, SinoMach, SinoHydro, China Coal Mining Groups, SDIC Assets Management, China Huarong Asset Management, Postal Savings Bank of China, China Railway Beijing Group, Zhonghai Investment and other central state-owned enterprises, and state-owned enterprises under the jurisdiction of the Beijing Municipality or districts of Beijing, and received favorable comments in the society. This entry not only recognizes the performance of Blossom & Credit, but also spurs Blossom & Credit, laying solid foundations and opens wider space for all-round and in-depth cooperation between Blossom & Credit and Shougang Group.

Blossom & Credit will take this opportunity to further improve service quality, and provide better and premium legal services to the state-owned enterprises at all levels.