新兴铸管：子公司拟收购华润制钢100%股权

Group 1 - The company, Xinxing Casting, plans to acquire China Resources Steel to focus on its core business and enhance its special steel production capabilities [1] - The acquisition is expected to optimize the company's steel product structure and accelerate the transition to special steel, aligning with industry trends towards structural transformation and green development [1] - The acquisition price for 100% equity of China Resources Steel is set at 1,244,013,660.01 yuan, based on the assessment value as of August 31, 2025 [1] Group 2 - China Resources Steel operates in steel smelting and processing, with an annual steel production capacity of 940,000 tons and seamless steel pipe capacity of 400,000 tons [2] - The company has complete environmental assessment approvals and its products are used in various sectors including machinery, pressure vessels, automotive, power, petroleum, metallurgy, and deep processing [2] - China Resources Steel has two wholly-owned subsidiaries, which are involved in the sales of metal materials and recycling of scrap metals, with no rights restrictions on their equity [2]