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07 Jan
14:54

Beijing Jianlong becomes Bengang shareholder

Chinese steel giant Beijing Jianlong Group has obtained 5% equity of Benxi Iron & Steel (Bengang) through its subsidiary Fushun New Steel Co., Kallanish notes. Jianlong appointed deputy general manager Yang Xianli to serve as a director on the board of Bengang, while Liu Wentian, former director of Bengang, withdrew. Liu is an official of the State-owned Assets Supervision and Administration Commission (SASAC) of Liaoning Province. Anshan Iron & Steel (An…
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