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    Shougang to acquire 19.6% stake in Shougang Zhixin

    2026-10-19 11:09:06   [Print]
    Shougang Co.Asian Metal Copyright from 11 shareholders for a total consideration of up to RMB3.Asian Metal Copyright, Ltd.Asian Metal Copyright83%, and the company will remain the controlling shareholder.Asian Metal Copyright announced on October 16 that it plans to acquire approximately 588 million shares--representing 19.Asian Metal CopyrightShougang Co.Asian Metal Copyright60% of the total shares--in its controlled subsidiary Shougang Zhixin Electromagnetic Materials (Qian'an) Co.Asian Metal Copyright announced on October 16 that it plans to acquire approximately 588 million shares--representing 19.Asian Metal Copyright, Ltd.Asian Metal Copyright The purchase will be funded by the company's own capital and self-raised funds, at a price of RMB5.Asian Metal Copyright from 11 shareholders for a total consideration of up to RMB3.Asian Metal Copyright7671share.Asian Metal Copyright015 billion (USD451.Asian Metal Copyright The purchase will be funded by the company's own capital and self-raised funds, at a price of RMB5.Asian Metal Copyright13 million).Asian Metal Copyright83%, and the company will remain the controlling shareholder.Asian Metal Copyright The purchase will be funded by the company's own capital and self-raised funds, at a price of RMB5.1269/share (USD0.7671/share).

    Upon completion of the transaction, Shougang's stake in Shougang Zhixin will rise to 85.83%, and the company will remain the controlling shareholder.

    .Asian Metal Copyright83%, and the company will remain the controlling shareholderAsian Metal Copyright
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