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Fushun Special Steel Flags Incurs Nearly 62 Million Yuan Loss From Fixed-Asset Disposal
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.
Fushun Special Steel (600399.SH): The largest shareholder has changed to Sha Steel Group.
On January 14, Gelonghui reported that Fushun Special Steel (600399.SH) announced that prior to this shareholding change, Northeast Special Steel held 16.52% of shares, making it the largest Shareholder, while Shagang Group held 12.89%. After the change, Shagang Group's shareholding increased to 15.43%, becoming the largest Shareholder of the company. The total shares held by Shagang Group, Northeast Special Steel, and Jincheng Shazhou, controlled by the actual controllers of the company, remains at 591,510,944 shares, accounting for 29.99% of the total share capital.
Are Fushun Special Steel Co.,LTD.'s (SHSE:600399) Mixed Financials The Reason For Its Gloomy Performance on The Stock Market?
Despite Lower Earnings Than Five Years Ago, Fushun Special SteelLTD (SHSE:600399) Investors Are up 96% Since Then
Fushun Special Steel Co.,LTD.'s (SHSE:600399) P/E Is On The Mark
