The reorganization of Xing Steel is completed, and Puyang St

On August 5, Puyang and Xing Steel jointly issued a letter to customers. On July 10, 2021, Hebei Puyang Iron and Steel Co., Ltd. completed the equity reorganization of Xing Steel. After the reorganization, Xing Steel will adhere to the development of special steel, and its business strategy of vigorously developing automotive steel and high-end steel grades will not change. Leveraging Puyang Steel's strong economic strength, excellent management experience and strong industry resources. Through the strong alliance, the product quality, delivery speed, after-sales service and other aspects will be more perfect and faster. Build Xinxing Steel into a special steel benchmark enterprise, protect the interests of upstream and downstream partners to the greatest extent, and create more value for the society!