Maanshan Iron & Steel to Establish New Subsidiary

TipRanksDec 20 21:40

Maanshan Iron & Steel Plans Major Asset Scrapping

TipRanksDec 20 21:39

MAANSHAN IRON (00323.HK) has disposed of certain fixed Assets.

On December 20, Glonghui announced that MAANSHAN IRON (00323.HK) will hold the 33rd meeting of its 10th Board of Directors on December 20, 2024, to review and approve the proposal for the disposal of fixed assets in 2024. According to the "Enterprise Accounting Standards" and the company's fixed asset management system, combined with actual circumstances, the company has disposed of certain fixed assets. Based on the "Enterprise Accounting Standards" and the company's fixed asset management system, after evaluation by relevant professionals, the company's finance department has compiled a total of 1,234 fixed assets for disposal this time.

Gelonghui FinanceDec 20 21:17

MAANSHAN IRON (00323.HK) intends to establish a wholly-owned subsidiary, MAANSHAN IRON Co., Ltd.

On December 20,格隆汇 reported that MAANSHAN IRON (00323.HK) announced that on December 20, 2024, the company will hold the 33rd meeting of the 10th Board of Directors, with 7 votes in favor, 0 votes against, and 0 abstentions, to review and approve the proposal to establish MAANSHAN IRON Co., Ltd., and the company will invest RMB 1 billion in MMF to establish a wholly-owned subsidiary, MAANSHAN IRON Co., Ltd. (provisional name, subject to approval upon registration).

Gelonghui FinanceDec 20 21:09

Maanshan Iron & Steel Approves Key Business Resolutions

TipRanksDec 20 21:07

Maanshan Iron & Steel (600808.SH): Plans to dispose of certain fixed Assets.

Gelonghui, December 20th丨Maanshan Iron & Steel (600808.SH) announced that, according to the "Enterprise Accounting Standards" and the company's fixed Asset Management system, after assessment by relevant professionals, the financial department has compiled a total of 1234 items of fixed assets for scrapping. The original value of the scrapped assets is 2.73 billion yuan, and the net value of the scrapped assets is 0.344 billion yuan (unaudited). The main reasons for scrapping include the removal of old equipment due to production line transformation, elimination of outdated equipment, and scrapping after physical assessment.

Gelonghui FinanceDec 20 18:27