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Liuzhou Iron & Steel (601003.SH): plans to introduce Guangxi Investment Lingang No. 1 Fund to increase capital for its holding subsidiary Guangxi Steel.
On December 27, Glonghui reported that Liuzhou Iron & Steel (601003.SH) announced that due to the needs of strategic planning and operational development, the company intends to introduce Guangxi Investment Lingang No. 1 Fund to increase capital in its controlling subsidiary, Guangxi Steel, with existing shareholders waiving their preemptive rights. Guangxi Investment Lingang No. 1 Fund will increase capital in Guangxi Steel by subscribing for shares at a price of 1.1858 yuan per registered capital, with a total capital increase amounting to 0.674 billion yuan (the first payment of 0.194 billion yuan, based on paid-in contributions, with the remaining amount to be fully paid within 12 months from the date the trade agreement is signed), of which 0.56839 billion yuan will be included in the registered capital.
Liuzhou Iron & Steel (601003.SH): The No. 3 blast furnace system of Guangxi Steel has been put into operation.
On November 18, Gelonghui reported that Liuzhou Iron & Steel (601003.SH) announced that the construction of the blast furnace system and auxiliary facilities of the No. 3 blast furnace (hereinafter referred to as "No. 3 blast furnace system") at the Guangxi Iron and Steel Group Co., Ltd. (hereinafter referred to as "Guangxi Steel") Fangchenggang steel base project (Phase I) is expected to commence production by the end of November 2024. The Fangchenggang steel base project (Phase I) has planned a total of 3 blast furnaces and 4 converters, with the No. 1 and No. 2 blast furnace systems respectively completed and put into operation at the end of June 2020 and the end of November 2021 (see announcements: 2020-026, 2021-
Liugang Co., Ltd.: Report of Liugang Co., Ltd. for the third quarter of 2024
Announcement on the operating conditions of Liugang Co., Ltd. for the first three quarters of 2024
Report for the third quarter of 2024 of Liugang Co., Ltd.
Liuzhou Iron & Steel (601003.SH) announced its performance for the first three quarters, with a net loss of 0.307 billion yuan.
liuzhou iron & steel (601003.SH) released the third quarter report for 2024, during the reporting period the company achieved revenue...
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