Minmetals shares in insurance companies.

1950 In April, China Mining Company (one of the predecessors of Minmetals Group) was established according to the decision of the Central Government Council. China Hardware & Electrician Import Company (another predecessor of Minmetals Group) was established in September 1952 to undertake the import and export business of steel, nonferrous metals, electrical appliances and telecommunications equipment. ? 1952 1 1 Zhou Huamin was appointed as the general manager of China Hardware and Electrician Import Company. 1955 in July, China Hardware and Electrician Import Company was renamed as China Hardware Import Company. 1960 12 China minerals company merged with China hardware import company and changed its name to China hardware minerals import and export company. 1August, 965, the company was renamed as China Hardware and Mineral Import and Export Corporation. 1972 10 Minmetals delegation visited Japan and reached a negotiation agreement on steel products between China and Japan. Minmetals Group and six major Japanese blast furnace manufacturers hold unified negotiations every six months to agree on the unified price of steel products exported from Japan to China. In the next twenty years, * * * has imported more than1200,000 tons of various types of steel from Japan. Sino-Japanese iron and steel negotiation has a great influence and is a pioneering work in the history of Sino-Japanese iron and steel trade. 1980 Minmetals group set up representative offices in the United States, Britain, Japan and other countries, and set up the first overseas enterprise-a joint venture with Belgium Mars to set up enterprise 100. (Later handed over to China Coal Mine Import and Export Corporation)1In August, 984, Minmetals Group established the first wholly-owned secondary company in China-China International Engineering Materials Company, and carried out diversified operations. 1984 10 Minmetals set foot in hotel tourism for the first time, and established a five-star and high-grade foreign-related hotel-Shangri-La Hotel in Beijing, which created a successful example of Minmetals' diversified management. From June 65438 to September 0987, Minmetals participated in the construction of Ningbo Economic and Technological Development Zone, and jointly established Ningbo Economic and Technological Development Zone Joint Development Co., Ltd. with China Machinery Import and Export Corporation and Ningbo Municipal Government. 1988 In February, according to the decision of the State Council, Minmetals Corporation was decoupled from its subordinate provincial, municipal and regional companies. From June 65438 to July 0988, Minmetals established a number of secondary companies with legal personality, independent accounting, self-financing and independent operation, such as Minmetals International Industrial Development Company, Minmetals International Nonferrous Metals Trading Company, Minmetals Trading Co., Ltd. and Minmetals Rare and Precious Mineral Products Import and Export Company. At the same time, we began to set up wholly-owned secondary trading companies and related enterprises in coastal areas and special economic zones outside Beijing. 199 1 65438+February, the State Council decided to establish China Minmetals group, which was one of the first 55 pilot enterprise groups in China. 1In April, 1992, the State Planning Commission, the State Commission for Economic Restructuring and the the State Council Production Office formally approved the establishment of China Minmetals Group. 1In August, 1993, president Jiang Zemin wrote an inscription "Unity, Pragmatism, Efficiency and Dedication" for Minmetals Corporation. Minmetals Group and Foreign Trade Trust and Investment Corporation jointly established China Jin Xin Investment Company, and purchased 33.75% equity of First marcasite listed on the Hong Kong Stock Exchange for HK$ 363 million. After all previous capital increase and share allotment, Minmetals and Foreign Trade Trust held 75% of the shares of First marcasite. August 1996 Minmetals entered the international capital market for direct financing for the first time, and successfully issued 1 100 million commercial paper in the United States for the first time. 1996165438+1October China Minmetals hong kong holding company was established. Hong Kong Holding Company, as the headquarters of the head office in Hong Kong, Macao and Southeast Asia, has wholly-owned companies such as enterprise financing trade, enterprise financing, China Extension, etc., and is fully responsible for the comprehensive operation of the region, managing and coordinating the business activities of the enterprises under its jurisdiction. 1997 In May, Minmetals Group initiated the establishment of Minmetals Development Co., Ltd., which was listed on the Shanghai Stock Exchange with the stock code of 600058 and 1998. In July, the company was selected as the sample stock of SSE 30 Index, and in June 1999 was selected as the "Top 50 Listed Companies in China". 1 In August 1997, the United States issued another commercial paper of 1 billion dollars, and the commercial paper of1billion dollars issued last year was renewed as scheduled. Later, in August, 1998, the commercial paper of 200 million dollars was successfully renewed in the United States. 19971/Minmetals invested in Xiamen tungsten industry co., ltd ... Xiamen tungsten products factory is the largest tungsten smelter in the world at present, and its economic and technical indicators are among the best in the world tungsten industry. 19981September 1998, Minmetals ranked 35th among the 50 largest multinational enterprise groups in developing countries in the world evaluated by UNCTAD. 199865438+February Minmetals longteng information technology co., ltd was established. Minmetals Group was decoupled from the former government department, the Ministry of Foreign Trade and Economic Cooperation, and placed under the management of the Central Working Committee for Large Enterprises. 1999 In May, Minmetals Group and AXA Insurance Group, a world-renowned insurance company, jointly established Shanghai Jinsheng Life Insurance Company in Pudong, Shanghai. 1999 in may, China Minmetals south America holdings co., ltd was established. This is an important strategic step for Minmetals Group to strengthen regional management, explore the South American market, gradually develop intensively, and transition to the capital management mode at home and abroad. 199965438+February Minmetals Group moved from Asian Games Village to China Minmetals Group Building, No.5 Sanlihe Road, Erligou. Minmetals Group is listed by the central government as one of the 39 key state-owned enterprises involving national security and the lifeline of the national economy, and is managed by the Central Enterprise Working Committee. After 2000, in March 2000 10, Minmetals Group held its 50th anniversary meeting in Minmetals Building, attended by leaders of the Central Enterprise Working Committee and the Ministry of Foreign Trade and Economic Cooperation. In April, 2000, China Iron and Steel Trading Network, a joint venture with Hong Kong Innovation and Development Group, was opened. In May 2000, with the approval of the Central Committee, the Party Group of China Hardware and Mineral Import and Export Corporation was established, with Comrade Miao Gengshu as the Party Secretary. In July 2000, China Hardware and Minerals Import and Export Corporation reorganized China Nonferrous Metals Industry Trading Company (Headquarters), China Mining International Co., Ltd. and China Nonferrous Metals (Hongkong) Group Co., Ltd. 200 1 65438+2 China Hardware and Minerals Import and Export Corporation to implement new development strategies, forming sub-strategies and development plans of six business sectors and two business divisions, thus forming a complete strategic system of Minmetals Group. 200 1 12 Minmetals Nonferrous Metals Co., Ltd. was established by China Hardware and Mineral Import and Export Corporation. In June, 2002, China Hardware and Mineral Import and Export Corporation officially launched a three-year development plan. All business segments and business units actively promote the formulation of three-year development plans in accordance with the principle of "three-year planning and rolling development" of the Head Office. In June, 2002, China Hardware and Mineral Import and Export Corporation comprehensively promoted the reform of personnel system, and implemented the quota scheme, which took a key step in the reform of personnel system. In August 2003, Minmetals Longteng Technology Co., Ltd. was renamed as "Minmetals Development Co., Ltd.", and the company's stock code remained unchanged. June 5438+October 2003 10, China Hardware & Mineral Import & Export Corporation officially signed the relevant agreements for the acquisition of two Hong Kong listed companies, namely Dongfang Xinyuan (Group) Co., Ltd. and Dongfang Nonferrous Group Co., Ltd. In 2003, Minmetals Development Co., Ltd. ranked eighth among the top 100 listed companies in China in the Chinese edition of Fortune magazine in 2003. In June 2004, with the approval of the State-owned Assets Supervision and Administration Commission of the State Council and the State Administration for Industry and Commerce, China Hardware and Mineral Import and Export Corporation was renamed as "China Minmetals Group Corporation", from June 2004 to June 2004.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.