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  • Anyang Iron and Steel sets up new company to expand cast pipe business

    2021-03-29 16:01:01   [Print]
    On March 26, Anyang Iron and Steel announced that the company planned to set up a joint venture in Nanzhao of Henan with Tianrui Group Yunyang Casting Co.Asian Metal Copyright, Ltd.Asian Metal Copyright, Ltd.Asian Metal Copyright The announcement noted that this investment will help Anyang Iron and Steel to expand its cast pipe business.Asian Metal Copyright and Nanzhao Jincai Investment and Development Co.Asian Metal Copyright, Ltd.Asian Metal Copyright, Ltd.Asian Metal Copyright53% of the equity.Asian Metal Copyright The name for this joint venture will be Yongtong Equipment Technology Co.Asian Metal CopyrightOn March 26, Anyang Iron and Steel announced that the company planned to set up a joint venture in Nanzhao of Henan with Tianrui Group Yunyang Casting Co.Asian Metal Copyright, Ltd.Asian Metal Copyright53% of the equity.Asian Metal Copyright The registered capital for this joint venture reached RMB300 million (USD45.Asian Metal CopyrightOn March 26, Anyang Iron and Steel announced that the company planned to set up a joint venture in Nanzhao of Henan with Tianrui Group Yunyang Casting Co.Asian Metal Copyright84 million).Asian Metal Copyright53% of the equity.Asian Metal Copyright Anyang Iron and Steel will invest RMB137 million (USD20.Asian Metal Copyright93 million in this joint venture, accounting for 45.Asian Metal Copyright93 million) in this joint venture, accounting for 45.Asian Metal Copyright, Ltd.Asian Metal Copyright53% of the equity.Asian Metal Copyright Anyang Iron and Steel will invest RMB137 million USD20.Asian Metal Copyright The announcement noted that this investment will help Anyang Iron and Steel to expand its cast pipe business.
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