World Bearing News

Baosteel said do not cut its holding shares of listed companies

Resource from: CBCC 04 Feb,2016

Baosteel Group has been committed to maintaining the healthy development of capital markets, and create a favorable market environment for enterprise reform and development; actively take social responsibility, doing a responsible shareholder. During abnormal stock price volatility, Baosteel Group will hold its shares for each firm holding companies, there is not reduction plan recently.

Under the new economic normality, Baosteel Group will implement the "Two Wings One Body" strategy, to seize the "Internet +" development opportunities, take new steps in the restructuring and development.

(CBCC)

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