FilingReader Intelligence

Valin Steel invests 470m yuan in wire rod upgrade

August 18, 2025 at 05:35 PM UTCBy FilingReader AI

Hunan Valin Steel is investing 470 million yuan in upgrading its subsidiary Yangchun Xinhai Iron and Steel to produce industrial wire rods.

The 12-month project will shift production from construction materials to higher-value industrial wire rods ranging from 5.5-25.0mm, funded by internal capital.

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

SZSE:000932Shenzhen Stock Exchange
Steel

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