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Whenever Shougang is mentioned, Beijingers become talkative. Shougang, or Capital Steel Group, is a transnational conglomerate specializing in steel production, with business interests in a full spectrum of industries, including mining, machinery, electronics, construction, shipping, and foreign trade. Its core enterprise, Shougang Corporation, was designated as a key state-owned enterprise by national authorities as early as i996. Since its inception as the Shijingshan Smelting Plant of Longyan Iron Ore Co., Ltd., a government-supervised and commerciallyoperated business, this steel giant has been operating in Shijingshan District for nearly a century. In its early years, Shougang was not on intimate terms with the local community. Starting from 1949, Shougang grew rapidly and its workforce expanded fast. Pretty soon, Shougang became the preferred employer for local residents. Thanks to Shougang's location in Shijingshan, over time, Beijingers in the district constituted the bulk of Shougang's workforce, and many of them took pride in being part of the company. Today, it's not uncommon to find all members of a local family working for the company. It's a phenomenon unique to Shijingshan residents.