Brief: China Oriental Says Transaction In Relation To Transfer Of Iron And Steel Production Capacity

China Oriental

05/08/2022 11:35

Aug 5 (Reuters) - China Oriental Group Co Ltd  0581.HK :
    * TRANSACTION IN RELATION TO TRANSFER OF IRON AND STEEL
PRODUCTION
CAPACITY
    * JINXI LIMITED ENTERED INTO CAPACITY TRANSFER AGREEMENT
WITH
TANGSHAN GANGLU
    * AGREEMENT FOR TRANSFER OF IRON PRODUCTION CAPACITY OF
475,800
TONNES PER YEAR & STEEL PRODUCTION CAPACITY OF 284,200 TONNES
PER YEAR
    * DEAL FOR RMB569.9 MILLION
    * AGREEMENT FOR TRANSFER OF PRODUCTION CAPACITY FROM JINXI
LIMITED
TO TANGSHAN GANGLU

Further company coverage:  0581.HK 

 ((Reuters.Briefs@thomsonreuters.com;))