The relationship between Putian and Angang

Partnership. Two strategic investors, Fujian Sangang Minguang Co., Ltd. and Putian State-owned Assets Investment Co., Ltd., were successfully introduced into the Putian cold-rolled steel plate project of Angang. At the signing ceremony on February 27, representatives of the three parties signed a capital increase and shareholding contract. After the capital injection is completed, the registered capital of Angang Cold-Rolled Steel Plate (Putian) Co., Ltd. will increase from 65.438+0.2 billion yuan to 65.438+0.5 billion yuan, and the investment proportions of Angang Steel, Sangang Minguang and Putian Guotou will be 80%, 654.38+0% and 654.38+0% respectively.