新兴铸管子公司拟12.44亿元收购华润制钢100%股权 加快优特钢转型

Core Viewpoint - The company, Xinxing Casting, announced its plan to acquire 100% equity of Jiangyin China Resources Steel Co., Ltd. for a transaction price of 1.244 billion yuan, which will enhance its market competitiveness and core capabilities in the steel industry [1]. Group 1: Acquisition Details - The acquisition involves Xinxing Casting's wholly-owned subsidiary, Wuhu Xinxing, which will directly hold 100% equity of China Resources Steel after the transaction [1]. - The transaction price for the acquisition is set at 1.244 billion yuan [1]. Group 2: Business Operations of China Resources Steel - China Resources Steel primarily engages in steel smelting and processing, with an annual steel production capacity of 940,000 tons, seamless steel pipe capacity of 400,000 tons, and various steel plate capacity of 50,000 tons [1]. - The company has complete environmental assessment approval procedures and its products are widely used in machinery, pressure vessels, automotive, power, petroleum, metallurgy, and deep processing sectors [1]. Group 3: Strategic Implications - Following the acquisition, Wuhu Xinxing will take over the production and operations of China Resources Steel, facilitating market expansion and enhancing competitiveness [1]. - The acquisition is expected to optimize the steel product structure and accelerate the transformation towards high-quality special steel [1].