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Tsingshan Holding Group is a privately held Chinese metals group founded by Xiang Guangda in Wenzhou,
Group exposure score is 48 including 1 tracked subsidiary โ standalone is 30.
2 other tracked dossiers name this company as a counterparty in its own sourced disclosure โ this platform never wrote these rows on this company's own page, they are read here inverted from the dossier that disclosed them. This is a partial view: 1004 additional named-counterparty rows across the corpus could not be matched to a tracked dossier by name at all (mostly non-Latin legal names), so the true count is higher than what renders here.
NIC Annual Report 2025, Note 25 Revenue (major customers): All sales of NPI during the year were either exported sales to Shanghai Decent in China ($397.0 million), or sales within Indonesia to IMIP stainless producers; segment note: All NPI sales by ... Angel Nickel were exported to China. Origin = Angel Nickel RKEF plant, Indonesia Weda Bay Industrial Park (IWIP), North Maluku, Indonesia; destination = Shanghai Decent (Shanghai Decent Investment, Tsingshan group trading arm, NIC largest shareholder) in China. Related-party total: NPI, MHP and electricity sold to Shanghai Decent-related entities US$1,424.2m in 2025 (2024: US$1,597.9m), most of it delivered inside Indonesia (ID>ID, not counted here).
Same MoU and press release as the Huayou Cobalt row above: Tsingshan is party only to the upstream Indonesia nickel/cobalt raw-material JV (not the downstream Guangxi refining JV, which is VW + Huayou only). No equity split, no post-2022 progress update found. confidence: secondary for the same reason โ signing-stage MoU, not a confirmed operating flow. No in-corpus dossier exists for Tsingshan Holding Group.
Scope. This section is inverted evidence: each linked dossier wrote the original row about itself, describing its own relationship to this company. It is never a claim this company itself disclosed. Absence here is not evidence of no relationship โ most of the corpus has no named-counterparty block at all yet.
This company sits on the supply side for 2 of its 2 materials โ a restriction on those is a tailwind, not a headwind.
As a producer, policy pressure across its produced materials is flat.
Descriptive trend in official policy actions on this companyโs materials โ a policy-pressure trend, not a price or trading signal. No forward probability is implied. Direction is measured on actions we have discovered, and discovery lags events: where the recent window is too thin to support a calm reading, the row says coverage-limited instead of easing.
๐ฎ๐ฉ ID accounts for 100% of severity-weighted pressure.