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  • Sinosteel Anhui Tianyuan Technology expects to achieve net profits of RMB50-60 million in H1 2017

    2017-07-14 17:22:00   [Print]
    Sinosteel Anhui Tianyuan Technology (“Tianyuan” or “the Company”) released amendment announcement on performance forecast on July 13 at night that it expects to realize net profits of RMB50-60 million in H1 2017.Asian Metal Copyright According to the Company, they amended the forecast of H1 of 2017 mainly as CSRC approved on the property acquisition through stocks issuing on May 17.Asian Metal Copyright Previously, the Company expected in the quarterly report that the net profits would be RMB13-15 million from January to June 2017.

    According to the Company, they amended the forecast of H1 of 2017 mainly as CSRC approved on the property acquisition through stocks issuing on May 17. Afterwards, the Company finished the transfer procedure and business registration of acquisition of 100% stock equity of Sinosteel Zhengzhou Research Institute of Steel Wire Products Co.Asian Metal Copyright .Asian Metal Copyright, Ltd.Asian Metal Copyright The above three companies have become the wholly-owned subsidiaries of Tianyuan and the financial performance of the above three companies have been incorporated into Tianyuan since June.Asian Metal Copyright, Zhongwei Company, and Hunan Special Metal Materials Co.Asian Metal Copyright In addition, the market outlook of Tianyuan’s soft magnetic materials becomes better and better, with profits sharply up than expected.Asian Metal Copyright, Ltd.Asian Metal Copyright, Ltd.Asian Metal Copyright The above three companies have become the wholly-owned subsidiaries of Tianyuan and the financial performance of the above three companies have been incorporated into Tianyuan since June.Asian Metal Copyright The above three companies have become the wholly-owned subsidiaries of Tianyuan and the financial performance of the above three companies have been incorporated into Tianyuan since June.Asian Metal Copyright In addition, the market outlook of Tianyuan’s soft magnetic materials becomes better and better, with profits sharply up than expected.

    .Asian Metal Copyright, LtdAsian Metal Copyright
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