State enterprise Dongbei Special Steel was the largest shareholder of the company.

[2] The steel refinery was found in 1937 by Japanese South Manchuria Railway Company in the occupied zone of wartime China.

The steel refinery was belong to State-owned Assets Supervision and Administration Commission (SASAC) of the Government of Fushun City,[3] as Fushun Special Steel (Group) Co., Ltd. (Chinese: 抚顺特殊钢(集团)有限责任公司).

[5] In 2003 the shares held by the parent company was partially transferred to another state-owned enterprise Dongbei Special Steel (for 56.62% stake), which Fushun Special Steel (Group) became the second largest shareholder of the listed company for 19.67%.

[7][8] Due to capital increase and disposals, the shares of the listed company held by Dongbei Special Steel was diluted to 38.58% at 31 December 2015.