FilingReader Intelligence

Tianjin Jianlong increases stake in Xining Special Steel to 40.52%

July 14, 2025 at 12:08 PM UTCBy FilingReader AI

Tianjin Jianlong Steel Industry will subscribe to 578 million A-shares of Xining Special Steel through a 1bn yuan private placement, raising its stake to 40.52%.

The company will remain the controlling shareholder. Proceeds will strengthen Xining Special Steel's working capital and financial position.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

SSE:600117Shanghai Stock Exchange
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