Wuhan Iron And Steel Group Changed To Guangxi Iron And Steel Group

Wuhan Iron and Steel Group (Liuzhou Iron and Steel Group) Co., Ltd. (hereinafter referred to as Wugang Liugang) recently changed business registration officially changed its name to Guangxi iron and Steel Group Co., Ltd. (hereinafter referred to as Guangxi iron and Steel Group).

On the evening of December 29th, the Liuzhou iron and steel Limited by Share Ltd (Shanghai exchange code: 601003, hereinafter referred to as Liu Steel shares) issued a notice that the company received the notice from the controlling shareholder of Guangxi Liuzhou iron and steel (Group) Company (hereinafter referred to as Liuzhou Steel) to pfer the Guangxi SASAC "about the joint reorganization of Wuhan Iron and Steel Group to change the industrial and commercial registration and establish Guangxi Steel Group Co., Ltd.".

According to the notice, Wugang Liu Gang was changed to Guangxi iron and Steel Group Co., Ltd.; Liu Gang's investor was changed from Guangxi SASAC to Guangxi iron and Steel Group Co., Ltd.

Guangxi iron and Steel Group Co., Ltd. registered capital of 46 billion 837 million yuan, of which Wuhan Iron and steel invested 37 billion 469 million 600 thousand yuan in cash, accounting for 80% of the registered capital, the first time the cash contribution of 10 billion yuan, the rest in the relevant time specified in the capital contribution; Guangxi state assets on the basis of Liujiang appraisal base date (March 31, 2008) net assets assessment value of 9 billion 367 million 400 thousand yuan contributed, accounting for 20% of the registered capital.

The notice pointed out that Liu Gang's land assets were invested in net assets at book value.

In December 2005, WISCO and Guangxi state owned assets committee signed the agreement on reorganization and reorganization of WISCO and Liusteel, and jointly invested in the establishment of Wuhan Iron and Steel Group Co., Ltd.

    2008年9月3日，武钢与广西国资委签订了《武钢与柳钢重组合同》，与柳州钢铁集团联合成立广西钢铁集团。武钢隶属国家国资委，柳钢隶属于广西国资委，根据“我的钢铁网”数据，2007年武钢产量为2018.61万吨，2007年柳钢产量为580.35万吨。

Editor: vivi