Jiangsu Shagang Group Huaigang Special Steel Co., Ltd. (known as Huaigang or Huaisteel) is a Chinese steel manufacturer based in Huai'an, Jiangsu Province. It was a subsidiary of privately held company Shagang Group via its publicly traded subsidiary Shagang Company (szse: 002075) for 63.79% stake, from 2010 to 2015. As of 31 December 2013, Huaigang accounted for 99.9% revenue and 97% assets of Shagang Company.[2] However, as of 31 December 2015, Shagang Group owned just 19.88% stake in Shagang Company; in turn Shagang Company owned 63.79% stake of Huaigang.[3] Shagang Group sold 55.12% stake of Shagang Company in 2015, for about CN¥4.6 billion (or CN¥5.29 per share).[4]
As of 4 July 2017, Shagang Company is a constituent of SZSE 200 Index (mid cap index).[5]