12th Rare Earth Summit
May 21-22, 2020
Hangzhou, Zhejiang, China
11th Aluminum Raw Materials Summit
May 14-15, 2020
Hangzhou, Zhejiang, China
9th Magnesium Summit
April 9-10, 2020
Hangzhou, Zhejiang, China
13th World InBiGeGa Forum
Mar 12-13, 2020
Hangzhou, Zhejiang, China
7th World Antimony Forum
June 13-14, 2019
Changsha, Hunan, China
7th Refractory & Abrasive Materials Summit 2019
May 23-24, 2019
Qingdao, Shandong, China
10th Aluminum Raw Materials Summit
May 16-17, 2019
Zhengzhou, Henan, China
11th Rare Earth Summit
May 9-10, 2019
Qingdao, Shandong, China
8th Magnesium Summit
April 11-12, 2019
Zhuhai, Guangdong, China
12th World InBiGeGa Forum
March 14-15, 2019
Zhuhai, Guangdong, China
China Baowu Steel to acquire 51% stake in Magang
2019-06-03 16:59:13 【Print】
On May 31, China Baowu Steel Group signed a deal to acquire 51% stake in Magang Group Holding Co., Ltd. which is currently 100% owned by Anhui Provincial State-owned Assets Supervision and Administration Commission, according to a statement made by Maanshan Iron & Steel Co., Ltd. ("the company") on June 2. After the transaction, Baowu will also indirectly hold 45.54% of the shares of Maanshan Iron & Steel, making it the company's controlling shareholder, and the company's actual controller will become State-owned Assets Supervision and Administration Commission, with Magang Group remaining as the direct shareholder.
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