Baosteel(SH:600019) Jin Rong Jie·2025-06-30 17:52Group 1 - Baoshan Iron & Steel Co., Ltd. has invested 620.4284 million RMB to establish Ma'anshan Iron & Steel Co., Ltd., holding a 49% stake [1] - Ma'anshan Iron & Steel Co., Ltd. was established on December 23, 2024, with a registered capital of 1 billion RMB [2] - The company is located in Ma'anshan City and operates in the black metal smelting and rolling processing industry [1][2] Group 2 - The company has a wide range of permitted projects including production of construction steel products, gas operation, power generation, and transmission services [2] - Other business activities include steel smelting, coking, steel rolling processing, chemical product manufacturing and sales, and various transportation services [2] - The company is also involved in the sale of coal and its products, metal ores, and high-quality special steel materials [2]