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Qinghai Provincial Investment Group (QPIG)

The issuer's bonds defaulted in 2021
Organization name
Qinghai Provincial Investment Group (QPIG)
Country name
China
Country of registration
China
Industry
Non-Ferrous Metals
Credit Ratings
in foreign currency
  • M/S&P/F
    *** / *** / ***
Public debt
92 mln USD
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Profile

QPIG is a small and medium-sized primary aluminum manufacturer in China, with the primary aluminum production capacity of 950,000 tons per annum at the end of 2016. The company has about 44-47% market share in Qinghai province and only around 2.5% market share in China by production volume. The company is the largest state-owned enterprise (SOE) in Qinghai province by total assets and the second largest SOE by total revenues. It is also the largest job provider in Qinghai with about 16,000 staff being employed.

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Codes

  • SIC
    6799 INVESTORS, NEC
  • NACE
    *** ***
  • NAICS
    *** ***
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