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09 Aug
10:02

Asset restructure boosts Anyang Iron and Steel

Henan province's Anyang Iron and Steel Group has made progress with its restructuring and returned to profit in Q2, according to an update from the local State-owned Assets Supervision and Administration Commission. Almost 30% of companies under the group have been cut, although the company is still investing in upgrading capacity, Kallanish notes. Asset and capital verification, clarifying property right relations, integrating industry sectors, simplifying …
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