Guangdong Guangqing Gains Approval to Acquire POSCO China Units
Regulatory Approval Secured
Guangdong Guangqing Metal Technology has obtained government approval to purchase equity in two POSCO China subsidiaries. This step strengthens its role in the stainless steel sector.
The acquisition covers POSCO Zhangjiagang Stainless Steel and Qingdao Pohang Stainless Steel. Authorities approved the transaction in early January 2026 after careful review of the company’s plans and financial capability.
Company Background
Established in 2010, Guangdong Guangqing is a joint venture between Guangdong Guangxin Holdings and Tsingshan Holding Group. The firm has invested CNY 5.5 billion and achieves over CNY 30 billion in annual output value.
With this backing, Guangdong Guangqing can expand production, improve market presence, and ensure consistent supply to domestic and export markets.
Stainless Steel Products
The company produces a wide range of stainless steel products, including:
200 Series: Suited for general industrial and construction use
300 Series: For food, chemical, and medical industries
400 Series: High-strength applications such as structural components
Duplex Stainless Steel: Corrosion-resistant products for marine and chemical sectors
Detailed product information is available at lyhsteel.com.
Market Impact
Industry experts note that this acquisition strengthens Guangdong Guangqing’s competitive position. It will help stabilize stainless steel supply, improve pricing predictability, and enhance capacity for serving export markets.
FAQ
Q1: Which POSCO subsidiaries are included in the acquisition?
A1: Guangdong Guangqing is acquiring stakes in POSCO Zhangjiagang and Qingdao Pohang Stainless Steel.
Q2: Who owns Guangdong Guangqing?
A2: It is a joint venture between Guangdong Guangxin Holdings and Tsingshan Holding Group, founded in 2010.
Q3: What is the scale of Guangdong Guangqing’s operations?
A3: The company has invested CNY 5.5 billion and produces over CNY 30 billion annually.
Q4: Which stainless steel grades does Guangdong Guangqing manufacture?
A4: It produces 200, 300, 400 series, and duplex stainless steel for diverse industrial applications.
Q5: How does this acquisition benefit buyers?
A5: The deal ensures more reliable supply, broader product selection, and better price stability. Buyers can view detailed products at lyhsteel.com.