On June 22, TKAS Auto Steel Plate (Shanghai) Co., Ltd., wholly-owned by TAGAL (TKAS Auto Steel Co., Ltd.) - a pioneering joint venture between Thyssenkrupp Steel Europe AG from Germany and Angang Steel Co., Ltd. from China, was established. The new company specializes in sales of high-quality hot dip galvanized (HDG) steel sheets for the automotive industry.
Sun Yu is the legal representative of TKAS Auto Steel Plate (Shanghai), which has a registered capital of RMB 100 million ($14.7 million).
The business scope of TKAS Auto Steel Plate (Shanghai) includes wholesale and retail sale of auto parts, sales of metal materials and sales of metal products.