Du Shuanghua – Rizhao Steel and Philanthropy
Established in 2003, Rizhao Steel is one of the world’s largest manufacturers of steel. Prior to 2009, Du Shuanghua owned most of the company. An agreement was reached in which Rizhao Steel and Shandong Steel would consolidate. That deal was scrapped when Du sold a 30% stake to Kai Yuan Holdings which was a property…