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    Wuhan Iron And Steel Group Changed To Guangxi Iron And Steel Group

    2008/12/30 0:00:00 35

    Wuhan Iron and Steel Group (Liuzhou Iron and Steel Group) Co., Ltd. (hereinafter referred to as Wugang Liugang) recently changed business registration officially changed its name to Guangxi iron and Steel Group Co., Ltd. (hereinafter referred to as Guangxi iron and Steel Group).

    On the evening of December 29th, the Liuzhou iron and steel Limited by Share Ltd (Shanghai exchange code: 601003, hereinafter referred to as Liu Steel shares) issued a notice that the company received the notice from the controlling shareholder of Guangxi Liuzhou iron and steel (Group) Company (hereinafter referred to as Liuzhou Steel) to pfer the Guangxi SASAC "about the joint reorganization of Wuhan Iron and Steel Group to change the industrial and commercial registration and establish Guangxi Steel Group Co., Ltd.".

    According to the notice, Wugang Liu Gang was changed to Guangxi iron and Steel Group Co., Ltd.; Liu Gang's investor was changed from Guangxi SASAC to Guangxi iron and Steel Group Co., Ltd.

    Guangxi iron and Steel Group Co., Ltd. registered capital of 46 billion 837 million yuan, of which Wuhan Iron and steel invested 37 billion 469 million 600 thousand yuan in cash, accounting for 80% of the registered capital, the first time the cash contribution of 10 billion yuan, the rest in the relevant time specified in the capital contribution; Guangxi state assets on the basis of Liujiang appraisal base date (March 31, 2008) net assets assessment value of 9 billion 367 million 400 thousand yuan contributed, accounting for 20% of the registered capital.

    The notice pointed out that Liu Gang's land assets were invested in net assets at book value.

    The production and operation land is temporarily shown on the book value, retaining the value added rights and interests of the SASAC enjoying this part of the land. The exercise of the added value rights shall be discussed separately. The other rights and interests of the land assets that do not enter the book value belong to the Guangxi SASAC. When the land is used in the future, the mode of exercising the rights and interests shall be settled through friendly negotiation between the two parties in Guangxi.

    In December 2005, WISCO and Guangxi state owned assets committee signed the agreement on reorganization and reorganization of WISCO and Liusteel, and jointly invested in the establishment of Wuhan Iron and Steel Group Co., Ltd.

        2008年9月3日,武鋼與廣西國(guó)資委簽訂了《武鋼與柳鋼重組合同》,與柳州鋼鐵集團(tuán)聯(lián)合成立廣西鋼鐵集團(tuán)。武鋼隸屬國(guó)家國(guó)資委,柳鋼隸屬于廣西國(guó)資委,根據(jù)“我的鋼鐵網(wǎng)”數(shù)據(jù),2007年武鋼產(chǎn)量為2018.61萬(wàn)噸,2007年柳鋼產(chǎn)量為580.35萬(wàn)噸。

    Editor: vivi

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