Citic Pacific Special Steel Holdings, the largest manufacturer dedicated to the production of special steel in China, has announced that Jiangsu Province-based Chinese steel producer Jiangsu Valin-Xigang Special Steel Co., Ltd (Valin-Xigang Special Steel) has been renamed Jingjiang Special Steel Co., Ltd and has been merged into Citic Pacific Special Steel Holdings. At the same time, the total registered investment in Jingjiang Special Steel Co., Ltd has been increased from RMB 1.6 billion ($0.25 billion) to RMB 3.47 billion ($0.53 billion).