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Insufficient Growth At Sansteel MinGuang Co.,Ltd.,Fujian (SZSE:002110) Hampers Share Price
Sansteel Minguang (002110.SZ): Some high-quality steel and special steel among the materials for Metal Products, round steel, and medium-thick plate products.
Gelonghui, January 7th丨Sansteel Minguang (002110.SZ) stated on the investor interaction platform that some of the materials used for the company's Metal Products, round steel, and medium-thick plates include high-quality steel and special steel. In recent years, the company has actively optimized its product structure according to market demand and production capacity, developing more industrial steel, high-grade steel, and variety steel products that yield good production benefits.
Sansteel Minguang (002110.SZ): plans to purchase a total of 7 land use rights from related parties.
On December 27, Gelonghui reported that Sansteel Minguang (002110.SZ) announced that in order to resolve inconsistencies between property and land rights, the company would purchase two land use rights from its controlling shareholder, Fujian Sansteel (Group) Co., Ltd. (referred to as Sansteel Group) and five land use rights from Fujian Sansteel (Group) Sanming Chemical Co., Ltd. (referred to as Sanhua Company), a wholly-owned subsidiary of Sansteel Group. This Trade will be conducted through a non-public agreement transfer, with the price of the seven land use rights based on their assessed value as filed, totaling 0.223 billion yuan (tax included). The company will
Sansteel Minguang (002110.SZ): The capacity replacement and upgrade project has largely been completed.
On December 23, Gelonghui reported that Sansteel Minguang (002110.SZ) stated on the investor interaction platform that the company's capacity replacement and upgrade project has been mostly completed, and that 1 million tons of purchased Steel capacity has been allocated to the coastal Luoyuan Minguang production base.
Sansteel Minguang (002110.SZ): has an annual Steel production capacity of 12 million tons.
On December 20, Gelonghui reported that Sansteel Minguang (002110.SZ) stated on the investor interaction platform that the company is a leading Steel enterprise in Fujian Province, with main production bases including the company headquarters, Quanzhou Minguang, and Luoyuan Minguang, capable of producing 12 million tons of Steel annually. The company's bases engage in regular benchmarking and mutual learning to improve and complement each other, pursuing continuous progress in various production technical and economic Indicators.
Sansteel Minguang (002110.SZ): Some products can be used for the manufacturing and construction of wind power facilities.
According to Gelonghui on December 18, Sansteel Minguang (002110.SZ) stated on the investor interaction platform that some of the company's products can be used for the manufacturing and construction of wind power facilities.
Sansteel MinGuang Co.,Ltd.,Fujian (SZSE:002110) Looks Inexpensive But Perhaps Not Attractive Enough
