Benxi Steel Plates: Ansteel Group plans to restructure Benxi Iron and Steel Group
2021-04-16 12:06:11 [Print]
On 15 April, Benxi Steel Plates announced that it received an notice from Benxi Iron and Steel Group, its indirect holding shareholder, about Ansteel's plan for restructuring Benxi Iron and Steel Group, which might lead to control change of the company
. The restructuring, which is still in the preparation stage and needs to be approved by related authorities after confirming the program, won't make major impacts on the company's normal production and operation activities.