en.Wedoany.com Report on Mar 23rd, Against the backdrop of accelerated consolidation and upgrading in China's steel industry, the core enterprise of the Delong system, helmed by Ding Liguo, has undergone significant business registration changes. Concurrently, its listed subsidiary has completed a shift in control and management, drawing high levels of industry attention.
Shanghai Delong Steel Group Renamed
According to the National Enterprise Credit Information Publicity System, Shanghai Delong Steel Group Co., Ltd. has officially changed its name. The specific details are as follows:
01 Company Name Change
Change Date: March 5, 2026
Previous Company Name: Shanghai Delong Steel Group Co., Ltd.
New Company Name: Delong Steel Industry Group Co., Ltd.
02 Registered Address Change
Change Date: March 5, 2026
Previous Registered Address: Room 450, No. 188 Yesheng Road, Lingang New Area, China (Shanghai) Pilot Free Trade Zone
New Registered Address: 20-1,2-102, West Area, Airport Business Park, Intersection of Huanhe North Road and Central Avenue, Airport Economic Area, Tianjin Free Trade Zone
The company's official website also shows that Shanghai Delong Steel Group Co., Ltd. has been updated to Delong Steel Industry Group Co., Ltd.
Delong Steel Industry Group Co., Ltd.
Founded in 1992, its predecessor is a large comprehensive steel group integrating core steel businesses such as steel smelting, cold rolling, coking, and metal products, along with auxiliary operations like trade, logistics, and energy & environment. With an annual steel production capacity of 30 million tons, Delong Steel ranks 11th among the world's top 50 steel enterprises. In 2024, it was listed on the Fortune Global 500 for the third consecutive year, ranking 452nd.
Beyond the name change and relocation of Shanghai Delong Steel Group Co., Ltd., Delong Huineng, also under Ding Liguo, has completed critical adjustments in control and management.
Ding Liguo Steps Down as Actual Controller of Delong Huineng
On February 26, 2026, Delong Huineng issued a major announcement, marking the official completion of a nearly four-month-long change in control. The company's former controlling shareholder, Beijing Dingxin Ruitong Technology Development Co., Ltd., has completed the transfer of shares to Dongyang Nuoxin Xincai Enterprise Management Partnership (Limited Partnership). Ding Liguo is no longer the company's actual controller.
According to Delong Huineng's disclosure on the evening of March 11, eight individuals, including non-independent directors Ding Liguo, Tian Lixin, Guo Xiaopeng, Zhang Fu, Zhu Ming, Qin Liang, and independent directors Liu Zhiqiang and Chi Guojing, have applied to resign from their positions as company directors and members of the board's special committees. After resigning from these positions, Zhu Ming remains as the company's President, and Qin Liang remains as the CFO. The other six individuals no longer hold any positions within the company. Additionally, the company's accounting independent director, Luo Nan, continues in her role.
Aiming for the 15th Five-Year Plan
On January 15, 2026, Delong Steel Group held its 2025 Management Annual Meeting, where Chairman Ding Liguo attended and delivered a speech. He emphasized adhering to the "consolidation and advancement" philosophy of "deepening lean practices, strengthening fundamentals; being pragmatic and truthful, seeking progress while maintaining stability," and ensuring a good start to the "15th Five-Year Plan" with new achievements in quality improvement and efficiency enhancement.
He stressed that facing a situation of increasing industry concentration and intensifying competition, it is necessary to continuously advance cost reduction, improve personnel efficiency, and optimize product mix, pragmatically promote hardware upgrades and talent introduction/cultivation, systematically consolidate existing advantages, and precisely address development shortcomings.
This series of adjustments within the Delong system essentially represents a precise strategic restructuring by Ding Liguo of his industrial and capital portfolio. Renaming to "Delong Steel Industry Group Co., Ltd." and relocating its registered address to Tianjin is not only an optimization choice for regional resources and industrial synergy but also marks Delong's positioning upgrade from traditional steel manufacturing to full industrial chain ecological operation. This lays a solid structural foundation for quality and efficiency improvement during the "15th Five-Year Plan" period.
The change in control and management at Delong Huineng represents a rational choice in the capital operations of the Delong system, allowing resources and focus to further tilt towards advantageous industries. This series of actions demonstrates the mature resilience of a leading private steel enterprise in responding to industry cycles and provides a practical reference model for the strategic transformation of Chinese steel enterprises in an era of stock competition.
