Ji'nan Iron & Steel Limited by Share Ltd was founded in December 2000, by the Ji'nan iron and Steel Group Corporation as the main sponsor, the joint Laiwu Steel Group Ltd, Shandong Gold Group Co. Ltd., Shandong Jinling Iron Mine in Shandong province and refractory materials company four enterprises jointly initiated the establishment of large iron and steel enterprises. The company's 220 million shares of A shares were issued in June 14, 2004, and were listed on the Shanghai stock exchange in June 29th. The company's stock trading code was 600022, and the company's total share capital was 1 billion 353 million 600 thousand shares.