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Hangzhou, Zhejiang, China

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Zhuhai, Guangdong, China

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Zhuhai, Guangdong, China

Xining Special Steel to introduce two investment institutions for Xining Steel New Materials

2019-08-21 11:23:20  【Print】
Xining Special Steel announced on August 20 that the company plans to introduce two investment institutions ICBC Service and Qinghai Financial Assistance to increase investment by RMB1.Asian Metal Copyright The investment will be used to pay for debt of Xining Special Steel to related financial institutions.Asian Metal Copyright7 billion (USD241 million) to its subsidiary Xining Steel New Materials in cash and non-public manner.Asian Metal Copyright The investment will be used to pay for debt of Xining Special Steel to related financial institutions.Asian Metal Copyright The investment will be used to pay for debt of Xining Special Steel to related financial institutions.Asian Metal Copyright The investment will be used to pay for debt of Xining Special Steel to related financial institutions.Asian Metal Copyright After the two parties add investment, Xining Special Steel will see its shares of Xining Steel New Materials dropping to 40.Asian Metal Copyright The investment will be used to pay for debt of Xining Special Steel to related financial institutions.Asian Metal Copyright86%, and ICBC Service and Qinghai Financial Assistance will hold shares of 24.Asian Metal CopyrightXining Special Steel announced on August 20 that the company plans to introduce two investment institutions ICBC Service and Qinghai Financial Assistance to increase investment by RMB1.Asian Metal Copyright35% and 34.Asian Metal Copyright As the first majority shareholder, Xining Special Steel has de facto control on Xining Steel New Materials.Asian Metal Copyright79% respectively.Asian Metal Copyright86%, and ICBC Service and Qinghai Financial Assistance will hold shares of 24.Asian Metal Copyright As the first majority shareholder, Xining Special Steel has de facto control on Xining Steel New Materials.
.Asian Metal Copyright79% respectively.Asian Metal Copyright