Jinan iron and steel company ltd. was found in December 2000. It is a oversize steel complex organized by Jinan Iron and Steel Group General Corporation as main organizer, Combined with Laiwu Iron and Steel Group Limited Company, Shandong Gold Group Limited Company, Shandong Jinling Iron Ore and Shandong Fireproof Raw Material Company as joint sponsorships. Jun. 14, 2004 this company issued 220 million "A" shares and dealt at shanghai stock exchange at 29 Jun. Its stock deals code as 600022. The Company's shareholding equity is 940 million stocks. At the end of 2004, its total assets is up to 10.504 billion Yuan. Net assets 3.44 billion yuan£¬With 11926 employees. Among these masters or doctors are 54 persons. 0.45 £¥ of the total employee, with university educational qualifications 831 persons. 6.97 £¥ of the total employees. 5822 persons with Junior college or technical secondary school educational qualifications, 48.82 £¥ of the total employee, 5219 persons with other educational qualifications such as Senior high school or technical school. 43.76 £¥ of the total employee .