Bao Wu re set the timetable for the production capacity of reorganization will enhance the

Bao Wu renewed capacity to schedule   integration restructuring will enhance profitability — China central enterprises News Network — the authority released the central enterprises, the SASAC, local state-owned enterprises to the latest news, original title: Bao Wu in order to production schedule integration restructuring will enhance profitability in October 10th, Baosteel, Wuhan Iron and steel enterprises will be two shares the resumption of trading. However, on the eve of the resumption of trading, the two large steel enterprises with Baosteel and Wuhan Iron and steel enterprises on the occasion, but had received the relevant departments of the letter of inquiry. After the reorganization, to the production capacity of the task? For Bao Wu reorganization, shortly before the Shanghai Stock Exchange issued the letter of inquiry, are involved in many aspects, including the capacity to. In addition, the inquiry letter also requested the parties to suck and defect and operation of capital property, Baosteel equity incentive plan to exit the relevant accounting treatment, and the impact on the company’s financial supplementary disclosure. The industry believes that the restructuring of the capacity to Bao Wu and the iron and steel enterprises hit a new road, there are no small significance, so it caused the exchange of information. Analysts believe that the Wu Bao listed company after the merger, will become the world’s iron and steel enterprises listed in crude steel output ranked third in the iron and steel giant. International rating agencies in September 29th but Moodie pointed out in the report, the operation and financial situation is relatively weak, may lower Baosteel financial capacity, Moodie believe that this has a negative impact on the integration of credit for baosteel. But Moodie also believes that as part of the reform of the supply side of the government, the restructuring will accelerate the production capacity, and enhance the competitiveness of iron and steel enterprises to survive, Baosteel Group and Wuhan Iron and Steel Group will benefit from the future. Accelerate the restructuring of the production capacity when the outside world of Baosteel and Wuhan Iron and steel restructuring on the occasion of the occasion, the integration of the two large domestic steel companies, causing the attention of the relevant regulatory authorities. In September 27th, Baosteel, Wuhan Iron and Steel Company (600019.SH) (600005.SH) announced that the company received the Shanghai letter of inquiry, further more detailed disclosure of the restructuring plan. In the letter of inquiry, the Shanghai stock exchange requires further disclosure of the contents of Baosteel and Wuhan Iron and steel, Baosteel and WISCO have reduced capacity of the task index. The Shanghai Stock Exchange inquiry, two company recently said to the media, according to Baosteel Group and Wuhan Iron and Steel Group, Yajian production responsibility requirements, Baosteel, Wuhan Iron and Steel shares in 2017 2016, Yajian 4 million 650 thousand tons respectively, 1 million 400 thousand tons of crude steel production capacity. Baosteel and Wuhan Iron and Steel shares that will be in accordance with the requirements of Baosteel and Wuhan Iron and Steel Group Yajian production responsibility, in the time node requirements, according to the change of market environment and the development of its business objectives and tasks, to finish the steel production pressure drop, two company compression capacity is not affected by the consolidation plan. Strive for the completion of the above two years ahead of the end of 2016 to the production capacity target task." Baosteel said. Some analysts pointed out that the Bao Wu restructuring reason from the SSE letter of inquiry, to a certain extent will affect the iron and steel production capacity to the trend. If the reorganization of the two companies because of the treasure to the production capacity of the target termination, there may be相关的主题文章: