MAANSHAN IRON (00323): Magang Limited and Baowu Water Services Along with Eighteen Other Shareholders Sign Capital Reduction Agreement

Stock News

Sep 22

MAANSHAN IRON (00323) announced that on September 22, 2025, Magang Limited entered into a capital reduction agreement with Baowu Water Services and eighteen other shareholders. According to the capital reduction agreement, three shareholders including Magang Limited will participate in the capital reduction, while the remaining sixteen shareholders will not participate in the reduction.

Magang Limited will contribute circulating water assets related to Baowu Water Services, valued at RMB 538 million (including tax), for the capital reduction of Baowu Water Services. Following this transaction, Magang Limited's shareholding in Baowu Water Services will decrease from 14.977% to 3.151%.

This capital reduction aims to enhance Magang Limited's operational efficiency and effectiveness, and will not have a material impact on its daily operations and financial condition. Through this capital reduction, Magang Limited will acquire circulating water assets closely related to its production operations, which will help reduce operating costs, improve coordination and integration of production operations, and strengthen production stability.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www-web.itiger.com/news/1195891302"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1195891302\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1195891302?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-09-22 22:46","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1195891302","market":"other","top_or_hot":-1,"title":"MAANSHAN IRON (00323): Magang Limited and Baowu Water Services Along with Eighteen Other Shareholders Sign Capital Reduction Agreement","media":"Stock News","content":"<p>MAANSHAN IRON (00323) announced that on September 22, 2025, Magang Limited entered into a capital reduction agreement with Baowu Water Services and eighteen other shareholders. According to the capital reduction agreement, three shareholders including Magang Limited will participate in the capital reduction, while the remaining sixteen shareholders will not participate in the reduction.</p>\n<p>Magang Limited will contribute circulating water assets related to Baowu Water Services, valued at RMB 538 million (including tax), for the capital reduction of Baowu Water Services. Following this transaction, Magang Limited's shareholding in Baowu Water Services will decrease from 14.977% to 3.151%.</p>\n<p>This capital reduction aims to enhance Magang Limited's operational efficiency and effectiveness, and will not have a material impact on its daily operations and financial condition. Through this capital reduction, Magang Limited will acquire circulating water assets closely related to its production operations, which will help reduce operating costs, improve coordination and integration of production operations, and strengthen production stability.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>MAANSHAN IRON (00323): Magang Limited and Baowu Water Services Along with Eighteen Other Shareholders Sign Capital Reduction Agreement</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMAANSHAN IRON (00323): Magang Limited and Baowu Water Services Along with Eighteen Other Shareholders Sign Capital Reduction Agreement\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2025-09-22 22:46</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>MAANSHAN IRON (00323) announced that on September 22, 2025, Magang Limited entered into a capital reduction agreement with Baowu Water Services and eighteen other shareholders. According to the capital reduction agreement, three shareholders including Magang Limited will participate in the capital reduction, while the remaining sixteen shareholders will not participate in the reduction.</p>\n<p>Magang Limited will contribute circulating water assets related to Baowu Water Services, valued at RMB 538 million (including tax), for the capital reduction of Baowu Water Services. Following this transaction, Magang Limited's shareholding in Baowu Water Services will decrease from 14.977% to 3.151%.</p>\n<p>This capital reduction aims to enhance Magang Limited's operational efficiency and effectiveness, and will not have a material impact on its daily operations and financial condition. Through this capital reduction, Magang Limited will acquire circulating water assets closely related to its production operations, which will help reduce operating costs, improve coordination and integration of production operations, and strengthen production stability.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1568","symbol_name":"钢铁金属股","start_time":0,"source_url":"","article_id":"1195891302","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1195891302","pubTimestamp":1758552376,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"MAANSHAN IRON (00323) announced that on September 22, 2025, Magang Limited entered into a capital reduction agreement with Baowu Water Services and eighteen other shareholders. According to the...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1568":"钢铁金属股","BK1505":"一带一路","00323":"马鞍山钢铁股份","BK1225":"钢铁","BK1594":"碳中和概念股"},"translate_title":"马钢股份(00323)：马钢股份与宝武水务连同其他十八名股东签署减资协议","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00323":1},"content_text":"MAANSHAN IRON (00323) announced that on September 22, 2025, Magang Limited entered into a capital reduction agreement with Baowu Water Services and eighteen other shareholders. According to the capital reduction agreement, three shareholders including Magang Limited will participate in the capital reduction, while the remaining sixteen shareholders will not participate in the reduction.\nMagang Limited will contribute circulating water assets related to Baowu Water Services, valued at RMB 538 million (including tax), for the capital reduction of Baowu Water Services. Following this transaction, Magang Limited's shareholding in Baowu Water Services will decrease from 14.977% to 3.151%.\nThis capital reduction aims to enhance Magang Limited's operational efficiency and effectiveness, and will not have a material impact on its daily operations and financial condition. Through this capital reduction, Magang Limited will acquire circulating water assets closely related to its production operations, which will help reduce operating costs, improve coordination and integration of production operations, and strengthen production stability.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}