China Steel Corporation Sponsored GDR

The China Steel Corporation Sponsored GDR represents a Global Depositary Receipt of China Steel Corporation, a leading steel producer based in Taiwan. This financial instrument enables investors, particularly those outside Taiwan, to gain exposure to China Steel Corporation's equity without directly buying shares on the local exchange. The primary function of the GDR is to facilitate international investment and enhance the liquidity of the issuer's shares by making them available on foreign stock exchanges. China Steel Corporation primarily manufactures and exports a diverse range of steel products, serving vital sectors such as construction, infrastructure, automotive, and shipbuilding. The company's global outreach ensures its significant market role in meeting the dynamic demands of steel, a fundamental material for economic development. By issuing GDRs, China Steel Corporation not only broadens its investor base but also underscores its commitment to global market integration and transparency.