China Steel Corporation was founded on December 3, 1971 and has been listed on Taiwan Stock Exchange since December 26, 1974. The company has issued total 15,773,128,996 shares of stock, including common stock and preferred stock (stock code 2002, 2002A), with total paid-in capital NT$ 157,731,289,960 as of February 28th, 2019, and the shareholding ratio by the government is 20.00%.
The company also issued Global Depositary Receipt (GDR, 1 unit of GDR equals 20 units of common stock) in 1992, 1997 and 2003, for the purpose of selling the company's stocks held by the government. In 2011, the company issued GDR again for the capital requirement of its own. Total issued GDR were 133,436,904 units as of February 28th, 2019. The company's GDR is traded overseas in Europe, Asia, and the United States, etc. and is listed on the Luxembourg Stock Exchange.
The company's earnings distribution maintains high dividend payout ratio. Unless for legal requirement of legal reserve and special reserve, the rest of the earnings will be mostly appropriated to shareholders, with cash dividend no less than 75%. In year 2018, the company's earnings per common share (EPS) is NT$1.58 and the board suggested to pay cash dividend of NT$1.0 to each share of common stock.
For stock affairs, common stock holders and preferred stock holders please contact our Stock Registrar & Transfer Agency- KGI Securities Corp. for service; depositary holders please contact our depositary institution - Citibank N.A. for service.
Should you have any question or suggestion, please do not hesitate to contact us.
CSC was awarded the best IR in materials sector of IR Magazine Award－Greater China 2017as a certificate for CSC’s constant communications with investors and successful investor relations management.