Core Viewpoint - Shandong Steel announced the acquisition of 100% equity in Yinshan Steel Co., Ltd. from Laiwu Steel Group for a transaction price of 714 million yuan, which will make Yinshan Steel a wholly-owned subsidiary of the company [1] Group 1: Acquisition Details - The transaction price for the acquisition is 714 million yuan [1] - After the completion of the transaction, Yinshan Steel will operate as a wholly-owned subsidiary of Shandong Steel [1] Group 2: Business Operations - Yinshan Steel's main business includes the production and sales of plate and strip steel, pig iron, steel billets, and steel by-products [1] - The company also engages in power supply, technical cooperation, and the sales of iron ore, pellets, sintered ore, and steel raw materials [1]
山东钢铁:拟7.14亿元收购银山型钢100%股权