8th World Antimony Forum

TBD
Guiyang, Guizhou, China

12th Rare Earth Summit

TBD
Hangzhou, Zhejiang, China

11th Aluminum Raw Materials Summit

TBD
Hangzhou, Zhejiang, China

9th Magnesium Summit

TBD
Hangzhou, Zhejiang, China

13th World InBiGeGa Forum

TBD
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

SASAC approves TISCO restructuring plan with Baowu Steel

2020-10-12 11:56:15   【Print】
According to the announcement released by TISCO Stainless Steel recently, the State-owned Assets Supervision and Administration Commission of the State Council (SASAC) approved the plan of Shanxi State-owned Capital Operation Co.Asian Metal Copyright for transferring 51% equities of its wholly-owned TISCO to Baowu Steel for free on 27 September.Asian Metal Copyright, Ltd.Asian Metal Copyright After the deal is closed, TISCO will be a holding subsidiary of Baowu Steel and Baowu Steel will indirectly hold 63.Asian Metal Copyright for transferring 51% equities of its wholly-owned TISCO to Baowu Steel for free on 27 September.Asian Metal Copyright for transferring 51% equities of its wholly-owned TISCO to Baowu Steel for free on 27 September.Asian Metal Copyright After the deal is closed, TISCO will be a holding subsidiary of Baowu Steel and Baowu Steel will indirectly hold 63.Asian Metal Copyright .Asian Metal Copyright31% shares of TICSO Stainless Steel, a listed company, through TISCO.

Baowu Steel promised that TICSO Stainless Steel will run independently in terms of procurement, production, marketing and intellectual property right after the deal.

Baowu Steel also promised that it will try to steadily advance the business integration of TISCO Stainless Steel, Ningbo Baoxin and other holding subsidiaries by asset restructuring, business adjustment, entrusted management and other means in five years and at the soonest to solve the issue of horizontal competition.

.Asian Metal Copyright, Ltd.Asian Metal Copyright