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FINWIRES

Citic Pacific Special Steel Boosts Related-Party Limits by Nearly 269 Million Yuan

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Citic Pacific Special Steel (SHE:000708) will add 268.5 million yuan to its 2026 related-party transaction estimates, raising the total to 900.3 million yuan.

The increases include steel sales, labor and processing services, and purchases of scrap steel and billets, according to a Friday filing with the Shenzhen bourse.

Shares of the steel producer were down 3% in recent trade.

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