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Overseas closing time

The exit time of Chuanyang bankruptcy is 2022.

Shandong Guangfu Group, Chuanyang Group, Zibo Qi Lin Fushan Iron and Steel Co., Ltd. and Shandong Longsheng Iron and Steel Co., Ltd., which were absorbed and merged by Rizhao Iron and Steel, will all withdraw in 2022, and the total steel production capacity10 million tons will be transferred to Rizhao Iron and Steel Holding Group.