Since the establishment of Henan Iron and Steel Group on March 1, 2023, the development context of Henan Iron and Steel Group, with Angang as the core enterprise, has become clearer and clearer, and it is accelerating towards a revenue of 200 billion yuan.
Angang Zhoukou Company plans to increase its capital by 2.8 billion yuan
On the evening of November 30, Anyang Iron and Steel announced that in order to enhance the capital strength of Henan Angang Zhoukou Iron and Steel Co., Ltd. and accelerate the construction of steel projects, it is planned to increase its equity investment by 2.8 billion yuan in currency.
After the completion of this capital increase, the registered capital of Angang Zhoukou Company will increase from 2.6 billion yuan to 539.8 billion yuan. Among them, the development of green steel industry in Henan Province subscribed 247.7 billion yuan, with a shareholding ratio of 4585%；Zhoukou Investment Group subscribed and contributed 41.5 billion yuan, with a shareholding ratio of 769%；Shenqiu State-owned Investment Group subscribed 20.8 billion yuan, with a shareholding ratio of 385%。Anyang Iron and Steel and Zhoukou Industrial Cluster Development and Investment Co., Ltd. gave up this capital increase, and the shareholding ratio was 7692% and 1154% to 3705% and 556%。Angang Zhoukou Company is still a holding subsidiary within the scope of Anyang Iron and Steel's consolidated statements.
Henan Iron and Steel Group reached a strategic cooperation with Guoxin Capital Company
On November 22, Henan Iron and Steel Group signed a strategic cooperation agreement with Guoxin Capital Company in Beijing. The two sides will carry out in-depth cooperation in commercial factoring and financial leasing to achieve mutual benefit and win-win and common development, and write a new chapter in industry-finance cooperation.
Hangzhou Iron and Steel Group and Henan Iron and Steel Group reached a strategic cooperation
On November 9, Hangzhou Iron and Steel Group signed a strategic cooperation agreement with Henan Iron and Steel Group. According to the agreement, Hangzhou Iron and Steel Group and Henan Iron and Steel Group will promote all-round, multi-field and in-depth strategic cooperation based on the actual industrial development. The two sides will give full play to their respective advantages, innovate cooperation mechanisms, expand cooperation areas, build mutually beneficial, win-win, long-term and stable cooperative relations, jointly promote the transformation and upgrading of the steel industry, and achieve green, low-carbon and high-quality development.
Invest 1 billion yuan to participate in the development of green steel industry in Henan Province
On September 8, Henan Iron and Steel Group invested 1 billion yuan to participate in the development of green steel industry in Henan Province, with a shareholding ratio of 199960%。*Registration size 500.1 billion yuan, Anyang Iron and Steel, Angang Group, Henan Capital Group, Henan Iron and Steel Group, and Tiangong Investment** subscribed and contributed 1 billion yuan, 2 billion yuan, 1 billion yuan, 1 billion yuan, and 1 million yuan in cash respectively. It mainly invests in the equity of Henan Angang Zhoukou Iron and Steel Co., Ltd., a holding subsidiary of the company, and is specifically used for the project construction of Zhoukou Company, so as to realize the upgrading, restructuring and integration, layout optimization and structural adjustment of Henan iron and steel industry.
Henan Iron and Steel Group was incorporated on March 1, 2023, which is a major decision made by the provincial party committee and the provincial party committee to promote the transformation and quality improvement, structural adjustment and layout optimization of the province's iron and steel industry. In addition to the core enterprise Angang Group, private iron and steel enterprises, including Jinhui Stainless Steel Industry Group, Fengbao Special Steel, etc., as well as some industrial chain enterprises, also participated in the establishment of Henan Iron and Steel Group.
According to the plan, Henan Iron and Steel Group will build 8.5 million tons of high-quality plates, 1.5 million tons of excellent seamless pipes and 800,000 tons of ductile cast pipes in Anyang, forming a 10 million tons of high-quality excellent plates and seamless steel pipes and special steel production base. In Zhoukou, we will build a green, intelligent and high-end Zhougang Industrial City, and build a double-frame 5600mm+5500mm wide and heavy plate production line (the king of the world's rolling mills, mm hot continuous rolling and 2150mm cold continuous rolling production line, forming an important domestic production base of automotive steel and electromagnetic new materials with a scale of 5 million tons in the near term and 10 million tons in the long term. Build a 2 million tons of stainless steel characteristic production base in Xuchang, forming a new advantage in the whole process manufacturing of the stainless steel industry. While strengthening the iron and steel industry, we will establish an integrated innovation system for ferrous and non-ferrous metal materials, increase the reform of management mechanism, quickly realize the integrated development of steel, aluminum, copper and magnesium industries, and build Henan Iron and Steel Group into a new metallurgical industry sector with an operating income of 200 billion yuan.
At present, the construction of the second phase of the Zhoukou project is being accelerated, and it is expected to be put into operation from October 2024, which will be the widest plate production line in China and even in the world. Although it has not been incorporated for a long time, Henan Iron and Steel Group has shown strong development strength and is accelerating towards the goal of a new metallurgical steel group with a revenue of 200 billion yuan.