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19 Oct
06:54

Jianglong Group leads Beiman Special Steel restructure

On 10 October the Qiqihar intermediate people’s court approved a restructuring plan for three of Dongbei Special Steel’s subsidiaries. The plan states that Beijing Jianlong Heavy Industries Group will take control over the three subsidiaries and lead their restructuring processes, Kallanish notes. Beiman Special Steel, Qiqihar Beixing Special Steel and Qiqihar Northern Forged Steel Manufacturing Companies are part of the heavily-indebted Dongbei Spec…
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