酒钢宏兴拟投资2亿元设立钢铁新材料全资子公司

Core Viewpoint - The company, Jiugang Hongxing, is establishing a wholly-owned subsidiary in Gansu Province with an investment of 200 million yuan to enhance its market-oriented operational mechanism and respond to changes in the steel industry's supply-demand dynamics [1] Group 1: Investment and Strategic Development - The investment of 200 million yuan will be used to set up Jiugang Group Gansu Hongxing Hongbo New Materials Co., Ltd. in Jiayuguan City, Gansu Province [1] - The establishment of the new subsidiary will involve the transfer of related assets, liabilities, and labor from the existing rolling mill to facilitate quick operational commencement [1] - This move is part of the company's strategy to extend and supplement its industrial chain, promoting a transition towards high-end material supply and enhancing market competitiveness [1]