Hebei Iron & Steel Co., Ltd. is the hottest to int

Re integrate 7 private steel enterprises Hebei Iron and Steel Co., Ltd. to improve the concentration

re integrate 7 private steel enterprises Hebei Iron and Steel Co., Ltd. to improve the concentration

China Construction Machinery Information

Guide: Recently, Hebei Iron and steel Jidan sold Yuantuan signed joint restructuring agreements with 7 private steel enterprises, including Jiujiang wire rod, Yanshan iron and steel, Rongxin iron and steel, Xinjin iron and steel, Yuhua iron and steel, Jinding heavy industry. This is Hebei Iron and Steel Group, following the restructuring of five private iron and steel enterprises last November, once again with progressive equity financing

recently, Hebei Iron and Steel Group signed joint restructuring agreements with seven private steel enterprises, including Jiujiang wire rod, Yanshan iron and steel, Rongxin iron and steel, Xinda iron and steel, Xinjin iron and steel, Yuhua iron and steel and Jinding heavy industry. This is the second time that Hebei Iron and Steel Group restructured private iron and steel enterprises in the mode of "progressive equity integration" after restructuring five private iron and steel enterprises in November last year. It is understood that the restructuring will add another 13million tons of production capacity to Hebei Iron and Steel Group, and the concentration of Hebei Iron and steel industry will be further improved

this time, Hebei Iron and Steel Group reorganized seven private iron and steel enterprises. According to the principle of "voluntary combination, complementary advantages, step by step, win-win cooperation", it will invest in seven private iron and steel enterprises with resources such as goodwill, management, technical consulting services, purchase and sales channels. Unexpectedly, the final results of the test show that the performance of this kind of copper alloy functional new materials has reached the international leading level. After the new companies are re registered in accordance with the company law, Hebei Iron and Steel Group will hold 10% of the shares of each new company. Relevant experts said that this joint restructuring will help Hebei Iron and Steel Group to improve its voice in the procurement market and expand and strengthen the logistics industry by accounting for and standardizing the weight difference between the two; Help to regulate the market, guide the market and reduce disorderly competition; It is conducive to unified planning and development to avoid the blind expansion of production capacity and repeated construction of private enterprises; It helps to build a unified collaborative platform and realize the reference, complementarity, sharing and improvement of advantageous technologies and management