With the disclosure of the reorganization plan of Fujian State-owned listed iron and steel enterprise Sangang and Min Guang, Lin Xiucheng, the richest man in Fujian, appeared.

On June165438+1October1day, Min Guang of Sangang released a reorganization plan, and planned to buy 0/00% equity of Sanan Steel/kloc held by Sangang Group, Sanan Group, Rong De Mining and Xindan 'an at a price of 2.76 billion yuan.

At present, the controlling shareholder of Sangang Minguang is Sangang Group, and the actual controller is Fujian Provincial State-owned Assets Supervision and Administration Commission. Sanan Group is a diversified and compound enterprise group integrating photoelectric high technology, iron ore mining and commercial trade. It has been among the best in Fujian Province for years, and its controller is Lin Xiucheng, who has been the richest man in Fujian for a long time.

The target of this reorganization is 0/00% equity of Sanan Steel/KLOC, in which Sanan Group holds 25.0095% equity of Sanan Steel. Before this transaction, Sanan Group and concerted parties held a total of 2.65% equity of Sangang Minguang through direct and indirect means. After the completion of this transaction, Sanan Group and concerted parties held a total of 6.25% equity of Sangang Minguang through direct and indirect means.

According to the announcement, Sanan Steel is mainly engaged in the production and sales of iron and steel smelting, rolling, processing and rolled products. The annual net profits of 20 15, 20 16 and 20 17 are-9020130,000 yuan and 27 182 respectively.

Sangang Shuguang said that this transaction is an important measure for Sangang Group to go public as a whole and fulfill its listing commitment. As the overall listing platform of Sangang Group, Sangang Shuguang has a good future development prospect and its market share in Fujian will be further enhanced.

At present, the steel industry continues to prosper, and many steel groups choose to inject their unlisted assets into listed companies.

Recently, Bayi Iron and Steel, a subsidiary of Baowu Group, announced that the company intends to inject assets with an estimated value of 4.345 billion yuan by replacing bill assets and making up the difference in cash. Injected assets include assets, operating liabilities and business of ironmaking system, energy system, in-plant logistics, production management department and procurement center.

Bayi Iron and Steel is the largest iron and steel enterprise in Xinjiang. It said that the company will have steel production processes including core production processes such as ironmaking, steelmaking and steel rolling, as well as supporting energy auxiliary systems to further realize the integrated operation of steel production.

Shougang, one of the largest iron and steel enterprises in North China, is also accelerating asset securitization.

It is reported that Zhao Tianyang, general manager of Shougang Fund, told the media recently that we hope that the market value of shougang shares will continue to rise and the controlling shareholders and investors will win together. Shougang shares will be positioned as the "dual main business" of steel and park development, and relevant high-quality assets within the Group will be listed through shougang shares.

Previously, at the end of 20 16, shougang shares signed a management service agreement with Shougang Corporation, stipulating that shougang shares and Jingtang Iron and Steel Company would provide management services for some steel plate assets and businesses of Shougang Corporation to avoid horizontal competition and related transactions. At this point, all the steel assets of Shougang are under the control of listed companies.