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AviChina Securities: The Military Industry CAILIAOHANGYE may benefit first from the industry's recovery. The market for domestic substitutes for the Big Plane is vast.
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Fushun Special Steel: 2024 Annual Results Pre-Reduction Announcement
Shagang Group has become the largest Shareholder of Fushun Special Steel. The integration of its special steel Business is still to be explored. | Read the announcement quickly.
① Northeast Special Steel has overdue loans and tight cash flow, transferring part of the pledged equity to Shagang Group, which subsequently becomes the largest shareholder of Fushun Special Steel; ② Both Northeast Special Steel and Shagang Group are controlled by the same ultimate controller, Shen Bin, and the ultimate controller remains Shen Bin after this change; ③ Shen Bin promises to eliminate the existing competition in the special steel business he controls through restructuring, mergers, and acquisitions by 2028.