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.
Second only to "Ning Wang"? The first lithium mine of Zhongjun Mining has "opened" with lithium carbonate equivalent reserves exceeding 3.24 million tons|Quick read of the announcement.
① Dazhong Mining has released a resource report for the Tongtian Temple mining segment at the Jijiao Mountain mining area, with an equivalent lithium carbonate reserve of approximately 3.2443 million tons; ② According to incomplete statistics by the Financial Association reporter based on public information, the reserves of Dazhong Mining's Jijiao Mountain mining area may be second only to contemporary amperex technology's (300750.SZ) mines among low-grade lithium mica mines.
A fine of 5.85 million! The actual controller of yongjin technology group took advantage of the buyback to gather wealth, more insider trading details revealed | Quick read of the announcement.
1. After 4 months, the punishment results for the actual controller Cao Peifeng were announced; 2. Confiscated illegal gains of about 0.55 million yuan, and fined about 5.85 million yuan; 3. Cao Peifeng had engaged in insider trading during the sensitive period of two rounds of company buybacks; 4. Before this, Cao had also conducted short-term trades, with a scale reaching tens of millions.
Market cap management is making significant progress! The list of A-shares with over 100 million buybacks and high dividends that are trading below par is here.
① Industry insiders believe that under the catalyst of relevant policies, undervalued stocks are expected to achieve valuation recovery. As of the market close on November 29, there are a total of 364 undervalued stocks. Among these, only 10 stocks have repurchase amounts exceeding 0.1 billion yuan this year and a dividend yield of over 3% in the 2023 report; ② Attached is the list of A-shares that are undervalued stocks with over 100 million repurchases and high dividends.
lingyuan iron & steel: Supply and demand imbalance has not been eased yet, the industry still needs to reduce overcapacity, control costs, and increase added value | Directly hit earnings conference
①The company recorded a loss of 0.841 billion yuan in the third quarter. Chairman Zhang Peng stated that the imbalance between supply and demand in the industry has not yet eased, and the future steel industry still needs to achieve sustainable development through capacity reduction, cost control, and increasing product added value. ②The actual controlling shareholder of the company will change from Chaoyang City State-owned Assets Supervision and Administration Commission to central enterprise Ansteel Group. The company expects that the governance system will be optimized, information systems upgraded, and synergy achieved in the business sector.
In the third quarter, the loss amount is close to the annual level of last year. How to solve the "dilemma" of the steel industry? Suggestions from the industry recommend actively reducing production.
① In the third quarter, losses in the steel industry intensified, with 21 out of 27 listed steel smelting companies recording losses, totaling over 14.5 billion yuan in losses, the quarterly loss total approaching last year's full year. ② Industry insiders believe that the main reason for the losses is the steel industry's own overcapacity, poor industry self-discipline, failure to actively limit production, product oversupply, continuously declining steel prices, slow decline in raw materials, and severe industry profit compression.