Tengzhou East

Shougang Concord Century's indirect wholly-owned subsidiary Tengzhou East signed a construction contract with Tengzhou Chengjiao for building the Phase II plant, ancillary facilities and perimeter roads. The contract value is RMB 36.264 million, with work from November 29, 2019 to April 20, 2020.

Tengzhou East, an indirect wholly-owned subsidiary of Shougang Concord Grand, entered into a construction contract with Shandong Chengjian for the construction of plant buildings and ancillary facilities for the Tengzhou East Phase II project, with a total contract value of CNY 54.396 million.