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Hunan Valin Steel Co., Ltd (hereinafter Hunan Valin Steel) was established in 1988 and listed on the Shenzhen Stock Exchange in 2001. It is a large-scale steel enterprise integrating mining, smelting, rolling, deep processing and trading. It is the first large-scale steel enterprise in the world's metal industry that has a registered capital of 8.3 billion RMB.