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Chongqing Iron & Steel Co Ltd (601005.SS)

601005.SS on Shanghai Stock Exchange

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¥2.39
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¥1.76

Latest Key Developments (Source: Significant Developments)

Chongqing Iron & Steel(Group) cuts stake in Chongqing Iron & Steel to 0 pct
Tuesday, 5 Dec 2017 12:52am EST 

Dec 5(Reuters) - Chongqing Iron & Steel Co Ltd <601005.SS>:Says Chongqing Iron & Steel(Group) Co Ltd cut stake in the company to 0 percent from 47.3 percent .  Full Article

Chongqing Iron & Steel Says Co Received Of Confirmation Of Transfer Registration
Monday, 4 Dec 2017 09:42am EST 

Dec 4 (Reuters) - Chongqing Iron & Steel Co Ltd <601005.SS>::CHONGQING IRON & STEEL CO -ON 1 DEC, CO RECEIVED CONFIRMATION OF TRANSFER REGISTRATION FROM CHINA SECURITIES DEPOSITORY & CLEARING CORP.CHONGQING IRON & STEEL-PURSUANT TO ‍CONFIRMATION 1.09 BILLION SHARES WHICH ARE NOT SUBJECT TO LIMITATION OF RIGHTS TRANSFERRED TO SECURITIES ACCOUNT OF CO.  Full Article

Chongqing Changshou Iron & Steel becomes Chongqing Iron & Steel's controlling shareholder
Monday, 4 Dec 2017 03:48am EST 

Dec 4 (Reuters) - Administrator of Chongqing Iron & Steel Co Ltd <601005.SS>1053.HK::SAYS CHONGQING CHANGSHOU IRON & STEEL HAS BECOME CO'S CONTROLLING SHAREHOLDER WITH 23.5 PERCENT STAKE.  Full Article

Chongqing Iron & Steel appoints new general manager
Thursday, 30 Nov 2017 03:44am EST 

Nov 30 (Reuters) - Chongqing Iron & Steel Co Ltd <601005.SS>1053.HK::SAYS IT APPOINTS LI YONGXIANG AS GENERAL MANAGER, REPLACING LI RENSHENG WHO RESIGNED DUE TO CHANGE IN JOB ROLE.  Full Article

Chongqing Iron & Steel to receive loan of RMB2.4 bln to implement reorganisation plan
Friday, 24 Nov 2017 08:19am EST 

Nov 24 (Reuters) - Chongqing Iron & Steel Co Ltd <601005.SS>::Changshou Iron & Steel to lend RMB2.4 billion to co to implement reorganisation plan, for a term of 7 years in total.  Full Article

Administrator of Chongqing Iron & Steel sells smelting assets for 6.9 bln yuan
Wednesday, 22 Nov 2017 03:33am EST 

Nov 22 (Reuters) - Chongqing Iron & Steel Co Ltd <601005.SS>1053.HK:Administrator Of Chongqing Iron & Steel says it has sold smelting assets, equipment, machinery at the transaction price of 6.9 billion yuan ($1.04 billion).  Full Article

Chongqing Iron & Steel updates on litigation on dispute over contract
Monday, 20 Nov 2017 09:01am EST 

Nov 20 (Reuters) - Chongqing Iron & Steel Co Ltd <601005.SS>::Updates on litigation on dispute over contract; says Chongqing Qianxin Energy Environmental Protection withdrew litigation.  Full Article

Chongqing Iron & Steel's restructuring proposal approved by court
Monday, 20 Nov 2017 07:02am EST 

Nov 20 (Reuters) - Chongqing Iron & Steel Co Ltd <601005.SS>1053.HK:Says its restructuring proposal approved by court.  Full Article

Chongqing Iron & Steel says creditors voted for reorganisation plan
Friday, 17 Nov 2017 09:56am EST 

Nov 17 (Reuters) - Chongqing Iron & Steel Co Ltd <601005.SS>::Reorganisation plan was passed by secured creditors group by voting​.Reorganisation plan was passed by ordinary creditors group by voting​.Staff creditors group reviewed and approved reorganisation plan on Nov 16.Amount of secured creditors claims RMB9.61 billion, ordinary creditors claims RMB27.54 billion, staff creditors claims RMB123.1 million.Administrator will submit reorganisation plan to FIPCC for approval in accordance with laws​.If reorganisation plan not approved by court, co at risk of being declared bankrupt and of bankruptcy liquidation​.In case co is declared bankrupt, A shares of co will be delisted​.  Full Article

Sinosteel Engineering & Technology's unit declares creditor's rights of 1.58 bln yuan
Friday, 17 Nov 2017 07:31am EST 

Nov 17 (Reuters) - Sinosteel Engineering & Technology Co Ltd <000928.SZ>:Says unit, one of the creditors of Chongqing Iron & Steel Co Ltd <<<601005.SS>>>1053.HK, has declared creditor's rights of 1.58 billion yuan ($238.23 million).  Full Article