according to Voice of China,
cheap UGGs shoes "News Coverage," 8:21 reported in the accelerated steel industry consolidation and elimination of backward production capacity in the background, China's steel enterprises have been waiting in the wings. Following the acquisition of Shijiazhuang, Hebei Iron and Steel Iron and Steel, Baoshan Iron and Steel Holdings, Guangdong, and Anshan Iron and Steel, Panzhihua Iron and Steel after the marriage approved yesterday (16), located in Jilin Tonghua Iron and Steel has finally found a "husband" - Shougang Group.
Shougang Jilin Tonghua Steel and formally signed in Changchun,
UGG Classic Tall Boots to achieve a strategic reorganization, Shougang Steel invested 2.5 billion yuan to become the largest shareholder communications. Xinhua News Agency reporters Chu Xiao and Liang She
2.5 billion, which is the ultimate Shougang bid. Reorganization is completed,
cheap UGGs t he holding company of Shougang Corporation and Shougang Steel Group will hold 77.59 percent through shares, Jilin SASAC holds 10% of the shares. Shougang Group Chairman Zhu Jimin said the 2.5 billion in cash will be put in place as soon as possible.