Is Tonggang Group reorganized by Angang or Shougang?

Shougang plans to reorganize Jilin Tonghua Iron and Steel Group (hereinafter referred to as Tonghua Iron and Steel Group), which has been put on the agenda. The reporter learned from the relevant person of Shougang yesterday that Shougang has conducted a preliminary investigation on Tonghua Iron and Steel, and intends to take this old large state-owned enterprise into the bag.

In addition, it is reported that Shougang Group has initialled a restructuring agreement with Jilin Provincial State-owned Assets Supervision and Administration Commission, and Shougang will spend about 2 billion yuan to hold Tonghua Iron and Steel. However, this news has not been confirmed by Shougang. Shougang said, "At present, it is still in the early contact stage, and the restructuring has not yet been finalized, so the details such as the amount of capital injection have not yet been determined."

It is reported that on June 6, 65438, Shougang sent more than 30 managers from production, equipment, finance and other comprehensive departments to Tonggang. The purpose of Shougang's inspection is to thoroughly investigate the takeover of Tonghua Steel. Compared with the previous reorganization of private steel enterprise Jianlong Group, Tonggang showed great enthusiasm, cleaned the factory building and hung up a red slogan to welcome Shougang's reorganization.

Tonggang is the largest iron and steel enterprise in Jilin Province. On July 24 last year, because Jianlong Group reorganized Tonghua Iron and Steel Co., Ltd., it was boycotted by employees, and then Tonghua Iron and Steel Co., Ltd. began to actively look for reorganizers. The candidates for the "new husband's family" of Tonghua Iron and Steel Co., Ltd. all have the background of state-owned assets. Previously, companies interested in restructuring Tonggang included Angang, Shougang and Valin Iron and Steel.