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Shandong Iron And Steel (600022.SH): Shanxin Software has established an AI research institute, focusing on AI research.
On December 18, Gelonghui reported that Shandong Iron And Steel (600022.SH) stated on the investor interaction platform that since the beginning of this year, the company has firmly grasped the significant opportunity of China Baowu's strategic investment in Shandong Iron And Steel and Baoshan Iron & Steel's stake in Rizhao Company, tightly focused on the management theme of 'survival through transformation', and adhered to the principle of everything centered around efficiency. A series of measures have been implemented, including accelerating the promotion of the '1+6+N' transformation landing, deeply activating human resources, strengthening cost reduction across the entire system, and deepening collaborative support. The company's net income ranking within the industry has been rising each quarter, with effects gradually becoming evident, maintaining steady operational performance while overcoming challenges.
Why Investors Shouldn't Be Surprised By Shandong Iron and Steel Company Ltd.'s (SHSE:600022) Low P/S
shandong iron and steel (600022.SH): the controlling subsidiary plans to implement an information technology enhancement and transformation collaborative support project (STEP)
On November 15, Gelonghui reported that shandong iron and steel (600022.SH) announced that its controlling subsidiary, shandong iron and steel group Rizhao Co., Ltd. (referred to as "Rizhao Company"), aims to effectively improve the integration and assembly of its information systems to support the consistent management and lean control of quality, production, and logistics. The company plans to implement a project for upgrading and transforming its information systems (Step One), with an estimated project investment of 197.26 million yuan (of which 120 million yuan is planned for 2024 and 77.26 million yuan is planned for 2025).
shandong iron and steel (600022.SH): has repurchased 0.8989% of shares accumulated.
Glory Eleven 1st, Shandong Iron and Steel (600022.SH) announced that as of October 31, 2024, the company has repurchased a total of 96,170,452 shares, with the repurchased shares accounting for 0.8989% of the total share capital of the company. The highest purchase price was 1.35 yuan/share, and the lowest price was 1.14 yuan/share. The total amount paid was 120,385,235.92 yuan (excluding stamp duty, transaction commissions and other transaction costs).
Shandong Iron & Steel: Report of Shandong Iron & Steel Co., Ltd. for the third quarter of 2024
Shandong Iron & Steel Co., Ltd. Report for the Third Quarter of 2024
Shandong Iron and Steel (SHSE:600022) Shareholders Have Endured a 28% Loss From Investing in the Stock Five Years Ago
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