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Angang Steel Co Ltd (000898.SZ)

000898.SZ on Shenzhen Stock Exchange

5.50CNY
30 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Angang Steel returns to profitability in 2016 with net profit of 1.6 bln yuan
Tuesday, 28 Mar 2017 08:41am EDT 

Angang Steel Co Ltd <0347.HK><0347.HK> :Says it returns to net profit of 1.6 billion yuan ($232.55 million).  Full Article

Angang Steel co entered into assets transfer agreement with Angang Holding
Thursday, 29 Dec 2016 09:05am EST 

Angang Steel Co Ltd <000898.SZ> : Entered into assets transfer agreement with Angang Holding . Consideration for disposal pursuant to assets transfer agreement is rmb126.6 million . Deal to transfer to Angang Holding 'assets' .Assets relating to co's electroslag remelting project, substation number 28 transformation project and large grinders project.  Full Article

Angang Steel Co ananounces proposed issue of domestic medium term notes
Wednesday, 21 Dec 2016 03:45am EST 

Angang Steel Co Ltd <000898.SZ> : Proposed Issue Of Domestic Medium Term Notes Size of issue is, registered amount not exceeding rmb4 billion . Co will use proceeds to replenish working capital and to repay debts .Approved proposal in respect of issue of domestic medium term notes in prc inter-bank bond market.  Full Article

Angang Steel's Q3 net profit up 164.9 pct
Wednesday, 26 Oct 2016 05:07am EDT 

Angang Steel Co Ltd <000898.SZ><0347.HK> :Says Q3 net profit up 164.9 percent y/y.  Full Article

Angang Steel expects to return to net profit in Jan-Sept
Thursday, 13 Oct 2016 05:05am EDT 

Angang Steel Co Ltd <000898.SZ><0347.HK> :Says it expects to return to net profit of 977 million yuan ($146.51 million) in Jan-Sept versus net loss of 888 million yuan year ago.  Full Article

Angang Steel clarifies on press article regarding possible merger of Angang and Benxi Steel
Tuesday, 20 Sep 2016 03:25am EDT 

Angang Steel Co Ltd <000898.SZ>: Noted a press article which appeared in shanghai securities news on 20 september 2016 . Company has no knowledge of possible merger as stated in article .Article in relation to possible merger of Angang and Benxi Steel Group.  Full Article

Angang Steel's H1 net profit down 93.55 pct
Monday, 29 Aug 2016 05:09am EDT 

Angang Steel Co Ltd <000898.SZ><0347.HK> :Says H1 net profit down 93.55 percent y/y.  Full Article

Angang Steel enters energy management contracts<000898.SZ>
Tuesday, 23 Aug 2016 10:52am EDT 

Angang Steel Co Ltd <000898.SZ>: Company and Angang Energy conservation entered into the energy management contracts . Contracts in relation to the implementation of energy conservation projects through contract energy management. . Says consideration will be funded by internal resources of the group . Estimated total construction cost to be incurred by Angang Energy conservation is approximately RMB213.7 million . Angang steel co- co shall acquire facilities at an amount equivalent to Angang Energy conservation's actual total investment amount which is estimated to be RMB348.4 million .  Full Article

Angang Steel sees H1 net profit to rise strongly, helped by cost cuts
Thursday, 7 Jul 2016 04:16am EDT 

Angang Steel Co Ltd <000898.SZ><0347.HK> :Says it expects H1 net profit to rise to about 300 million yuan ($44.88 million) from 155 million yuan year ago.  Full Article

Angang Steel appoints Yao Lin as chairman
Sunday, 12 Jun 2016 11:08pm EDT 

Angang Steel Company Limited <000898.SZ> :Says it appoints Yao Lin as chairman of the company.  Full Article

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