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Express News | Inner Mongolia Baotou Steel Union Says It Plans to Set up Energy Subsidiary With Baogang Group and China Northern Rare Earth With Registered Capital of 3.3 Bln Yuan
Inner Mongolia Baotou Steel Union (600010.SH): Plans to list and transfer 20% of its subsidiary Baogang Lier's equity.
Gelonghui November 21st | Inner Mongolia Baotou Steel Union (600010.SH) announced that in accordance with the Inner Mongolia Autonomous Region State-owned Assets Supervision and Administration Commission's deepening supervision and reform of enterprises' main and secondary businesses, further promoting the implementation of relevant requirements for strengthening the main business and optimizing the subsidiary business, in order to further improve the optimization of resource allocation, enhance the professional management level of Inner Mongolia Baotou Refractories Co., Ltd. (referred to as "Baotou Lier"), in conjunction with the actual operation situation of Baotou Lier, the company plans to transfer publicly through the Inner Mongolia Property Rights Trading Center the 20% equity of Baotou Lier, a subsidiary, the listed reserve price for this equity transfer shall not be lower than the evaluation value corresponding to the equity to be transferred by the company (eventually determined by state assets.
China Northern Rare Earth (600111.SH): Plans to invest in shares to establish Inner Mongolia Baogang Xin Energy Limited Liability Company.
Gelonghui reported on November 21 that China Northern Rare Earth (600111.SH) announced that, in order to build a world-class leading rare earth enterprise, and according to the strategic deployment and overall requirements of the company's controlling shareholder Inner Mongolia Baotou Steel Union's energy system integration, the company plans to invest physical assets and mmf to jointly establish Inner Mongolia Baotou Steel Xin Energy Co., Ltd. (tentative name, final name subject to industrial and commercial registration), hereinafter referred to as the new company, to promote the implementation of the energy system integration. The physical assets the company intends to invest this time are the No. 66 furnace of the company's smelting branch.
Investor Optimism Abounds Inner Mongolia Baotou Steel Union Co., Ltd. (SHSE:600010) But Growth Is Lacking
Inner Mongolia Baotou Steel Union (600010.SH) has spent 0.103 billion yuan to repurchase 67.8079 million shares.
Inner Mongolia Baotou Steel Union (600010.SH) issued an announcement. As of October 31, 2024, the company has repurchased...
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