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Chongqing Steel and seven other Baowu Group affiliates will contribute their water treatment system assets worth CNY 1.009 billion to Baowu Water Technology Co., Ltd. in exchange for equity. Chongqing Steel's share is CNY 60.68 million for a 1.339% stake.
“重庆钢铁(601005.SH)拟携实控人下属企业以所持水处理资产作价10亿元注入宝武水务”beta.zhitongcaijing.com
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