Fangda Special Steel to acquire 100% equity of Fangda Enterprise Investment

Fangda Special Steel announced on October 16 that, as a limited partner of Nanchang Huxu, the company plans to exit Nanchang Huxu and acquire 100% equity of Jiangxi Fangda Steel Group Enterprise Investment Co.Asian Metal Copyright Upon completion of the transaction, the company will secure a stable supply channel for vanadium-titanium resources and access to leading vanadium extraction technology, filling gaps in its business portfolio for vanadium-containing high-performance steel and vanadium deep-processing products, and driving its product mix toward higher value-added segments.Asian Metal Copyright, Ltd.Asian Metal Copyright .Asian Metal Copyright held by Nanchang Huxu through a combination of in-kind distribution and cash purchase.Asian Metal Copyright Under the arrangement, 99.Asian Metal Copyright Under the arrangement, 99.Asian Metal Copyright held by Nanchang Huxu through a combination of in-kind distribution and cash purchase.Asian Metal Copyright26% of the target company's equity will be acquired via in-kind distribution, with no additional consideration required, while 0.Asian Metal CopyrightFangda Special Steel announced on October 16 that, as a limited partner of Nanchang Huxu, the company plans to exit Nanchang Huxu and acquire 100% equity of Jiangxi Fangda Steel Group Enterprise Investment Co.Asian Metal Copyright74% will be purchased in cash.Asian Metal CopyrightFangda Special Steel announced on October 16 that, as a limited partner of Nanchang Huxu, the company plans to exit Nanchang Huxu and acquire 100% equity of Jiangxi Fangda Steel Group Enterprise Investment Co.Asian Metal Copyright The transaction consideration is calculated based on the listed company's paid-in capital contribution as a limited partner of Nanchang Huxu, totaling RMB3.Asian Metal Copyright26% of the target company's equity will be acquired via in-kind distribution, with no additional consideration required, while 0.Asian Metal Copyright5 billion (USD523.Asian Metal Copyright Under the arrangement, 99.Asian Metal Copyright70 million), while the 0.Asian Metal Copyright Under the arrangement, 99.Asian Metal Copyright74% stake in Fangda Enterprise Investment is priced at RMB26 million (USD3.Asian Metal Copyright Upon completion of the transaction, the company will secure a stable supply channel for vanadium-titanium resources and access to leading vanadium extraction technology, filling gaps in its business portfolio for vanadium-containing high-performance steel and vanadium deep-processing products, and driving its product mix toward higher value-added segments.Asian Metal Copyright89 million).

Upon completion of the transaction, the company will secure a stable supply channel for vanadium-titanium resources and access to leading vanadium extraction technology, filling gaps in its business portfolio for vanadium-containing high-performance steel and vanadium deep-processing products, and driving its product mix toward higher value-added segments.

.Asian Metal Copyright74% will be purchased in cashAsian Metal Copyright