Anyang Steel to sell 34% stake in Longdu Electromagnetic
2025-06-04 14:44:03 [Print]
Anyang Iron & Steel Co
. , Ltd . plans to transfer its 34% equity stake in Henan Angang Longdu Electromagnetic New Materials Technology Co . , Ltd . through a public listing . The move aims to further optimize its business structure and focus on the development of its silicon steel projects . Upon completion of the transaction, the company will no longer hold any shares in Longdu Electromagnetic.