 In the next year the shares of the company were float in Shanghai Stock Exchange.Fushun Special Steel (Group) remained as the largest shareholder for 76.29% stake.In 2003 the shares held by the parent company was partially transferred to another state-owned enterprise Dongbei Special Steel (for 56.62% stake), which Fushun Special Steel (Group) became the second largest shareholder of the listed company for 19.67%.