Dongbei Special Steel Group Co., Ltd. is a state-owned enterprise based in Dalian, Liaoning Province (the south most city of Northeastern China or Dongbei).

It was owned by State-owned Assets Supervision and Administration Commission (SASAC) of the Provincial Government of Liaoning (46.1230%) and Heilongjiang (14.5191%), as well as a subsidiary of Liaoning SASAC (22.6839%) and China Orient Asset Management (16.6740%).

Chairman Yang Hua committed suicide in March 2016, four days before the first default.

[3] Dongbei Special Steel owned 38.58% stake in Fushun Special Steel (Chinese: 抚顺特殊钢股份有限公司), based in Fushun, Liaoning, as the largest shareholder.

The shares of the company float in Shanghai Stock Exchange.