Chongqing Iron & Steel Co., Ltd. (01053.HK) spends approximately 1.081 billion yuan to purchase assets.

Wisdom Financial News APP, Chongqing Iron and Steel Co., Ltd. (01053.HK) announced that the company plans to participate in the bidding for assets including the refining steel second series and rolling steel 4100mm wide heavy plates, 2700mm plates, wire rods, bars, sections and other assets. As of the date of this announcement, the bidding process has been completed, and the company signed a transfer contract with Chongqing Iron and Steel Group on June 16, 2025, to purchase the subject assets for a total of 1,080,659,977.20 Chinese Yuan (including tax).