February 17, "Securities Daily" published a "new steel restructuring industry optimistic about the large group of access plate, Jiangxi look now class river steel group," the article, said the new steel shares may be Fangda Group restructuring, is expected to form in Jiangxi Province Similar to Hebei Iron and Steel Group of large steel enterprises. and New Steel shares yesterday evening for the company to be related to the study and demonstration of restructuring of the new steel group restructuring, made a clear announcement.
Announcement said the company''s written letter to the controlling shareholder of the new steel group, the reply said: New Steel Group has with the Fangda Group on the restructuring and reorganization of the New Steel Group had a contact to negotiate and carry out the relevant due diligence. The company also said that the matter is still uncertain. It is reported that this is the first official disclosure of the company, Fangda Group to participate in the reorganization.
In this regard, Metallurgical Industry Economic Development Center, deputy director of Liu Haiming in an interview with "Securities Daily" interview, said Fangda Group acquired New Steel shares to integrate regional markets, to reduce the regional market investment competition. Which is conducive to improving the industrial concentration, but also conducive to the formation of the steel industry conversion mechanism.
An industry also said that the new steel shares and Ping Steel Group in the industry there is the possibility of integration, "the past few years, private enterprise integration is also playing its unique power, and state-owned enterprises," the whole and not "The gap between private enterprises and the integration of private enterprises is that the former will avoid internal competition, which is to reduce the loss caused by internal competition is a good remedy.
Previously, Fangda Group to Nanchang Iron and Steel, Ping Steel Group are closed under the command. Jiangxi Province, as one of the backbone of the new steel group, is now close to join the ranks of mergers and acquisitions. This may be a good opportunity for New Steel shares.
"A few years ago, the party group after the acquisition of Nanchang Iron and Steel, Nanchang Iron and Steel quickly from a multi-year effective flat steel enterprises have become a domestic steel enterprises in the" star ", while Ping Steel Group in the acquisition after a few months, But also turnaround. "The industry said that the new steel shares if the party group into its shares, the prospect of the new steel shares will certainly be good.

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