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Nanjing Iron and Steel Co., Ltd. (NISCO)

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Year established

1958

Location

Nanjing Jiangsu China

Primary Industry

Materials

About

Based in Nanjing, China, and founded in 1958, Nanjing Iron & Steel United is a steel company engaged in the sales of metal materials. It holds 35 high-tech companies worldwide, with 3 listed companies. The CEO and Chairman of the board, Yixin Huang, served as the assistant director and deputy director of the new product development department of Nanjing Iron and Steel Group. The company has formed five major product series of the wide medium-thick plate (coil), bar, high-speed wire rod, strip, and special-shaped steel, with nearly 300 steel grades and more than 10,000 varieties and specifications. It has established plate production lines and special steel production lines. The products are widely used in many landmark projects at home and abroad and are exported to more than 30 countries and regions.
Current Investors
Jiangsu Shagang Group, Fosun International

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Primary Industry
Materials
Sub Industries
Steel & Metals
Website
www.njsteel.com.cn
Verticals
Artificial Intelligence, Cloud Computing, IoT (Internet of Things), Manufacturing
Total Amount Raised
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Timeline of Key Events

TimeLine Events

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Deals

Deals Type
Trade Sale
LP Direct
Buyout
Deal Status Target (s) Deal Date Investor(s) Seller(s) Deal size (Mn) Enterprise value (Mn) Post-money valuation (Mn) EBITDA multiple (x) Revenue multiple (x) Lead partner (s)
Announced Nanjing Iron and Steel Co., Ltd. (NISCO) 02 Apr 2023
Completed Nanjing Iron and Steel Co., Ltd. (NISCO) 17 Oct 2022
Completed Nanjing Iron and Steel Co., Ltd. (NISCO) 31 Dec 2015
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