Dec 11, 2020 04:19 PM (GMT+8) · EqualOcean
Baosteel announced that Wuhan Iron and Steel Co., Ltd. (WISCO), a wholly-owned subsidiary of the company, Baosteel Zhanjiang iron and Steel Co., Ltd. (Zhanjiang iron and steel), Baosteel Metal Co., Ltd. (Baosteel metal), a wholly-owned subsidiary of China Baowu iron and Steel Group Co., Ltd. (Baowu group), and Echeng Iron and Steel Co., Ltd. (Echeng Iron and Steel Co., Ltd.) of Baowu Group Co., Ltd All four companies have increased capital to Baowu clean energy Co., Ltd. (Baowu qingneng), a wholly-owned subsidiary of Baowu.