Recently, in the steel industry, state-owned steel mills have frequently made big moves, and some of them have changed hands or are transferring equity. The specific content is as follows: the steel enterprise changed hands and Jianlong took over ST West Steel
On November 6, the Intermediate People's Court of Xining City, Qinghai Province ruled to approve the "Xining Special Steel Co., Ltd. Reorganization Plan (Draft)", Qinghai Xigang Mining and Metallurgical Technology Reorganization Plan (Draft), and Xining Special Steel Group Co., Ltd. Reorganization Plan (Draft) submitted by the administrator. This marks the formal approval of Jianlong Group's reorganization investment in Xining Special Steel Series Company in accordance with the law. Subsequently, ST Xigang also issued an announcement saying that after the implementation of the reorganization plan, the actual controller of the company will be changed from the Qinghai Provincial State-owned Assets Supervision and Administration Commission to Mr. Zhang Zhixiang of Jianlong Group. Jingye Group won Huaxi Special Steel
According to the information on August 30, the actual controller, major shareholder, legal representative and main members of Hebei Huaxi Special Steel have changed. The actual controller was changed from "Wuxi Municipal People's State-owned Assets Supervision and Administration Commission" to "Li Ganpo";The major shareholder was changed from "Hebei Huaxi Iron and Steel *** held 100% of the shares before exiting" to "Jingye Iron and Steel *** held 100% of the shares);The legal representative was changed from "Party Current" to "Liu Dongyue". Previously, according to the property rights transaction information of the people of Wuxi City, Hebei Huaxi Iron and Steel was listed to transfer 100% of the equity of Hebei Huaxi Special Steel, with a transfer reserve price of 3 billion. Based on the above industrial and commercial changes and the previously disclosed transfer information, it shows that Jingye Group has pocketed Hebei Huaxi Special Steel with no less than 3 billion yuan. According to the author's incomplete statistics, there are still a number of state-owned steel enterprises in the near future that have transferred or changed their equity, and some state-owned steel mills have changed hands in the process of change. At the same time, with the emergence of equity transfer, it also indicates that more state-owned steel mills may change hands in the future. On November 30, the official website of the State Administration of Financial Supervision and Administration released information that it agreed that Baowu Group Finance Co., Ltd. would absorb and merge TISCO Group Finance and establish Taiyuan Branch. After the completion of the merger, TISCO Group was dissolved. After the completion of the transaction, the registered capital of Baowu Group Finance Company will be increased from 48400 million yuan (including 35 million US dollars) changed to 68400 million yuan (including 35 million US dollars). According to the information on November 29, the major shareholder of Shanghai Zhongte Taifu Steel Pipe has changed, from "Jiangyin Xingcheng Special Steel" to "CITIC Special Steel Group", CITIC Special Steel Group shares hold 60% of the shares. According to the national enterprise credit information publicity system, the major shareholders of Anyang Iron and Steel Group Co., Ltd. have changed, from "Henan State-owned Capital Operation Group Investment to Henan State-owned Capital Operation Group" On November 24, Anyang Iron and Steel issued an announcement and received a notice from the controlling shareholder Angang Group that the State-owned Assets Supervision and Administration Commission of Henan Province agreed that the company's indirect controlling shareholder, Henan Capital Group Investment Company, would transfer 100% of the equity of Angang Group to Henan Capital Group for free. Henan Capital Group Investment Company and Henan Capital Group have signed the Agreement on the Free Transfer of State-owned Equity. After the completion of this free transfer, Henan Capital Group does not directly hold the company's **;Through its wholly-owned subsidiary, Angang Group, the controlling shareholder of the Company, holds 1,918,308,486 RMB ordinary shares of the Company, accounting for 66 of the Company's total shares78%。Equity transfer: Benxi Iron and Steel Group transferred Benxi Bank 999% shareholding
On December 11, the Shanghai United Equity Exchange** showed that Benxi Iron and Steel Group planned to transfer the shares of Benxi Bank ***1080662.55 million shares, accounting for 999%。According to the basic information of the target, the equity structure of the winning enterprise, Benxi Iron and Steel Group is the third largest shareholder of the bank. Benxi Iron & Steel Group transferred Zhongtian **2135% equity
On December 6, the information of the national property rights industry information comprehensive service platform showed that Benxi Iron and Steel Group was 12600 million yuan to transfer 475 million shares of Zhongtian ** shares (accounting for 21 of the total share capital35%）。Baowu transferred 90% equity interest in Sinosteel Water
On November 30, Sinosteel Equipment intends to transfer 90% of the equity of Sinosteel Equipment (Hulunbuir) Water at 1 yuan. The company's major shareholder is Sinosteel Equipment, a subsidiary of China Baowu, holding 90% of the shares, and Hulunbuir Economic Development Zone Sewage Treatment Group holding 10% of the shares. Baowu transferred 100% equity interest in Huabao Assets (Hong Kong).
On November 21, Huabao ** Management *** listed 100% equity of Huabao Asset Management (Hong Kong) **, with a transfer reserve price of about 816370,000 yuan. The major shareholder of the transferor, Huabao ** Management ***, is Huabao Trust Co., Ltd., holding 51% of the shares;The latter is 92 owned by China Baowu Iron and Steel Group9%。Baosteel transferred 100% equity interest in Jiangsu Baosteel Precision
On November 20, the national property rights industry information comprehensive service platform showed that Baowu's Baosteel Group Nantong wire rod products plan to have 100% equity of its wholly-owned subsidiary, Jiangsu Baosteel Precision Steel Wire. It is foreseeable that with the recovery of the global economy and the improvement of environmental protection requirements, the market competition will be more intense, and only enterprises with core competitiveness can gain a foothold in the market. In this process, the reform and reorganization of state-owned steel mills has become an important force to promote the development of the industry. Private steel enterprises, on the other hand, have gradually gained an advantage in competition with state-owned steel mills by virtue of their flexible mechanism and market sensitivity. Nowadays, more and more steel enterprises through the auction transfer of equity to achieve mergers and acquisitions and reorganization, this behavior can help enterprises optimize resource allocation, improve economies of scale, reduce business risks, etc. Through mergers and acquisitions and restructuring, both state-owned enterprises and private steel enterprises will have the opportunity to redefine their position in the industry and achieve sustainable development. 