Ansteel intends to establish e-commerce subsidiary with controlling shareholder
2019-12-31 17:14:07 [Print]
Ansteel announced on December 30 that in order to develop the company's e-commerce, the company plans to establish a joint venture of Delin Zhilian (Anshan) Co., Ltd. with its controlling shareholder Anshan Iron and Steel Co., Ltd. Its registered capital is 60 million yuan (8.60 million US dollars), of which 54.6 million yuan (7.83 million US dollars) is contributed by Ansteel, accounting for 91% of the registered capital.

