 In 2001, the assets of the refinery was sold back to the parent company, while the listed company was sold to another state-owned enterprise and renamed to Longjian Road and Bridge, as a reverse IPO.Bei Steel Group Co., Ltd. was also renamed to Beiman Special Steel Group Co., Ltd.. ().In 2004, the State-owned Assets Supervision and Administration Commission (SASAC) of the Provincial Government of Heilongjiang, the parent entity of Beiman Special Steel, injected the steel refinery into Dongbei Special Steel, a holding company of Liaoning Government, as share capital.