Baosteel responded to the Shanghai Stock Exchange inquiry will resume trading on the first trading

Baosteel responded to the Shanghai Stock Exchange inquiry after the first trading day will resume trading hot column capital flows thousands of thousands of stocks the latest Rating Rating diagnosis simulated trading client sina finance App: Live on-line blogger to tutor the purchase of new shares: the stock market is the most simple way to pick up the money Sina Finance News September 30th news, today evening, Baosteel and Wuhan Steel shares bursts of announcements from the company and the relevant agency level responded to the September 27th Shanghai letter, the information disclosure of information at the same time, the "merger" report also were revised. According to the announcement, Baosteel and Wuhan Iron and Steel shares of stock will be October 10, 2016 opening date for resumption of trading, which is the resumption of National Day vacation after the first trading day. According to the merger plan, Baosteel WISCO intends to issue A shares to all shareholders convertible, convertible merger of wisco. Among them, Baosteel, Wuhan Iron and Steel shares of the stock price was 4.60 yuan, 2.58 yuan shares, the exchange ratio of 1:0.56, that is for every 1 shares of WISCO shares can exchange for 0.56 shares of Baosteel shares. Baosteel is expected to issue the total number of shares 5 billion 653 million shares. Two the company plans to 2016-2017 years to the production capacity of over 6 million tons of Shanghai Stock Exchange issued a letter of inquiry of the information disclosure of many details of both restructuring and merger started questioning, in reply to the inquiry letter, Baosteel and Wuhan Iron and Steel shares disclosed nearly two years to capacity planning index. According to Baosteel and Wuhan Iron and Steel Group Yajian production responsibility requirements, Baosteel, WISCO 2016-2017 years respectively Yajian 4 million 650 thousand tons, 1 million 400 thousand tons of crude steel production capacity, a total of over 6 million tons of crude steel production capacity. The company also said that as a positive response to the national supply side structural reforms, iron and steel industry to production policy, Baosteel, Wuhan Iron and steel company will strive to complete the production target task from the group for two years to level at the end of 2016 in advance, Baosteel, Wuhan Iron and Steel Group in 2016-2018 years respectively Yajian crude steel production capacity of 9 million 200 thousand tons, 4 million 420 thousand tons. In addition, according to the latest Baosteel Group and the SASAC of the State Council, the government of the Xinjiang Uygur Autonomous Region reached a consensus, in order to support Xinjiang to further increase efforts to resolve the overcapacity, Baosteel Group will be in the above SASAC to resolve the overcapacity task on the basis of additional, Bayi Iron and steel Yajian crude steel production capacity of 3 million tons. Notice that two of the company’s compression capacity plan will not be affected by the merger. After the completion of the reorganization, the new company will further promote the integration of the internal main business segments and regional market, accelerate the elimination and shutting down a number of inefficient production capacity to achieve the goal. The creditor will not become a "stumbling block" trading information disclosure inquiry letter questioning, market is more concerned about is the creditors and debt problems in wisco. The inquiry letter pointed out that as absorption this merge, Baosteel has been obtained as of June 30, 2016 is in the performance of the contract, financing has restrictive clauses on all creditors相关的主题文章: