burst announcement! Nangang Co., Ltd. , Fosun International Today suspends trading ! ! Fosun International Co., Ltd. shares temporarily cease trading starting from 9:00 this morning, and is pending a possible insider news. Rumor: Shagang Group acquires 60% of Nangang shares!
According to Caixin , Fuxing Group has signed a contract with Shagang Group, China's largest private steel company, to transfer its 60% stake in Nanjing Nangang Iron and Steel United Co., Ltd., with a transaction price of 15 billion yuan. Nangang Steel United is a relatively high-quality asset under Fosun. Three companies under the Fosun system hold a total of 60% of the shares, and Nanjing Iron and Steel Group Co., Ltd. holds the remaining 40% of the shares. (Please announce the above-mentioned company)
[Nangang Co., Ltd.: The rumors of Fosun Group's selling company's equity] Cailianshe, October 17, in response to the rumors that Fosun Group will sell Nangang Co., Ltd. to Shagang Group, the reporter called Nangang Co., Ltd., and the other party said that he had noticed the relevant rumors and had been verified with the shareholders. No clear written reply has been received yet. The information will be disclosed according to the situation after verification. Shagang Group responded to reporters that the announcement of relevant information by listed companies shall prevail.
Nangang was founded in 1958 and completed the company's transformation in 1996. It was changed from Nanjing Iron and Steel Plant to Nanjing Iron and Steel Group Co., Ltd. (hereinafter referred to as "Nangang Group Co., Ltd."). In March 1999, Nangang Group Corporation initiated the establishment of Nanjing Iron and Steel Co., Ltd. (hereinafter referred to as the "Company") with the investment of part of the main steel business assets. On September 19, 2000, the company was listed on Shanghai Stock Exchange (600282), and the controlling shareholder was Nangang Group; In April 2003, Nangang Group Company carried out a three-link reform, and jointly established Nanjing Iron and Steel United Co., Ltd. with asset investment and Shanghai Fosun Group. The company's controlling shareholder was changed to Nanjing Iron and Steel United Co., Ltd. ; in October 2010, with the approval of China Securities Regulatory Commission , the company completed a major asset restructuring, Nangang Iron and Steel's main business was listed as a whole, and the controlling shareholder was changed to Nanjing Iron and Steel United Co., Ltd.
Company has a complete production process from ore mining, coking, sintering, iron shaping, steel shaping to steel rolling. After continuous investment in recent years, all the company's process equipment have completed large-scale and modern transformation, fully upgraded, and have an annual production capacity of 10 million tons of crude steel. The company's headquarters has now formed two major production systems for plate and long materials, as well as the iron and steelmaking systems that are suitable for it. Among them, the plate production system is mainly equipped with a 5,000mm wide and thick plate production line, a 3,500mm wide medium and thick plate (roll) production line and a 2,800mm medium and thick plate production line; the long material production system is mainly equipped with a high-speed wire , a strip steel and 4 bar production lines. In addition, the company's subsidiary, Anhui Jinan Mining, currently has an annual production capacity of 1 million tons of concentrate powder; another subsidiary, Suqian Jinxin Rolling Steel, also has two special-shaped steel production lines with an annual production capacity of 400,000 tons. All production lines of the company have passed the ISO9000 quality system certification, and their main products have won the title of "Golden Cup" or "Jiangsu Famous Brand Products" in the physical quality of metallurgical products.
