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How to operate in Baotou Steel's market outlook?

Baotou steel co., ltd. can hold shares to be increased or intervene on dips.

Recently, the China stock market has been greatly adjusted. The Shanghai Composite Index has been adjusted from 5,17 points to 3,1 points, and the share price of Baotou Steel has dropped from the previous highest of 7.5 yuan to 4.5 yuan now. The adjustment is basically in place, and there is not much room for decline. You can hold shares to rise or intervene on dips.

Introduction:

Baotou Iron and Steel (Group) Co., Ltd. is the main sponsor, and its operating net assets of the main production units of the steel rolling system (including rail beam, seamless, wire rod and strip steel) are invested in the joint-stock company after evaluation and pricing, and at the same time, it is combined with Xishan Coal and Electricity (Group) Co., Ltd., China No.1 Heavy Machinery Group Company and China Iron and Steel Charging North China Company.

after the adjustment of the system and structure, the basic composition is as follows: there are 14 main production plants, namely: Baiyun iron mine, concentrator, sintering plant, coking plant, ironmaking plant, steelmaking plant, primary rolling plant, transportation department, power supply plant, thermal power plant, gas plant, water supply plant, oxygen plant and foundry. Branches and subsidiaries: 28, namely: raw material company, material company, scrap company, sales company, equipment company, design institute, real estate development company, Wuhai mining company and Shuozhou mining company; Rare Earth Hi-Tech, Steel Joint Company, Xinnai Company, Tiancheng High-speed Wire Rod Company, Guyang Mining Company, China No.2 Metallurgical Company, Wankai Industrial Company, Mechanization Company, Life Service Company, Capgemini Construction Company, Machinery and Equipment Manufacturing Company, Electric Manufacturing Company, Furnace Repair Company, Industrial and Civil Construction Company, Survey and Mapping Research Institute, Xingyuan Industrial Company, Foreign Development Company, Architectural Research Institute and Metallurgical Roller Manufacturing Company. Among them, one listed company is Inner Mongolia Baotou Steel Rare Earth High-tech Co., Ltd. (stock code: 6111).