Baotou Steel Co., Ltd. may hold shares for financing in the market outlook, or intervene on dips.

China's stock market has undergone a sharp correction recently.

The Shanghai Composite Index adjusted from 5170 points to 3100 points, and the share price of Baotou Steel Co., Ltd. fell from the previous high of 7.50 yuan to the current 4.05 yuan.

The adjustment is basically in place and there is not much room for decline.

You can hold shares to wait for financing, or you can intervene at dips.

Introduction: Baotou Iron and Steel (Group) Co., Ltd. is the main sponsor of Baotou Iron and Steel (Group) Co., Ltd., and the operational performance of its main production units of the steel rolling system (including rail beam, seamless, wire rod and strip steel four branches)

The net assets are assessed and invested in the joint-stock company.

At the same time, four sponsors, Xishan Coal and Electricity (Group) Co., Ltd., China First Heavy Machinery Group Corporation, China Steel Furnace North China Company, and Baotou Xinyuan Machinery Manufacturing Co., Ltd., were jointly established in November.

After system and structural adjustment, the basic composition is as follows: 14 main production plants, namely: Baiyun Iron Ore, Ore Processing Plant, Sintering Plant, Coking Plant, Ironmaking Plant, Steelmaking Plant, Blooming Mill, Ministry of Transport, Power Supply Plant,

Thermal power plant, gas plant, water supply plant, oxygen plant, 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, Shuozhou Mining Company; Hi-Tech, Steel Union Company,

Xinnai Company, Tiancheng High Speed ??Wire Company, Guyang Mining Company, MCC Second Company, Wankai Industrial Company, mechanization company, life service company, Kaijie Construction Company, machinery and equipment manufacturing company, electrical manufacturing company, furnace repair company, industry

With civil construction companies, surveying and mapping research institutes, Xingyuan Industrial Company, external development companies, construction research institutes, and metallurgical roll manufacturing companies.

Among them, one listed company is Inner Mongolia Baotang Rare Earth High-tech Co., Ltd. (stock code: 600111).