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1266 — Xiwang Special Steel Co News Story

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Brief: Xiwang Special Steel invests RMB2.55 bln to establish a new production line

April 10 (Reuters) - Xiwang Special Steel Co Ltd  1266.HK  
    * Company invests RMB 2.55 billion to establish a new 
production line 
    * Group expects that its revenue could be increased 
substantially when new production line is put into full 
operation 
    * Designed production capacity of new production line is 
expected to be 300,000 tonnes of rail steel and 150,000 tonnes 
of railway billet per annum 
 
Source text (http://bit.ly/2ohSoMC) 
Further company coverage:  1266.HK  
 
 ((Bangalore.newsroom@thomsonreuters.com;))

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