3 stories mentioning SHE:000709Updated 8d ago
Every FINWIRES story that references SHE:000709, newest first.
HBIS (SHE:000709), through unit Hebei Iron & Steel Laoting Steel, will construct a hot-rolled heavy plate production line for 7.97 billion yuan, according to a Shenzhen bourse filing on Friday.The plant will produce 2.42 million tons of 5,600-millimeter hot-rolled heavy plates every year.The construction is expected to run for 24 months.The Chinese iron and steel maker's shares fell 2% at the close.
HBIS (SHE:000709) on June 29 will distribute interest on its 700 million yuan of perpetual corporate bonds, following a rest-day postponement from June 27.The 2.46% coupon applies to the June 2025-to-June 2026 accrual period, with holders of every 10 bonds receiving 24.60 yuan before taxes, according to a Thursday filing with the Shenzhen bourse.Shares of the iron and steel maker closed 3% lower Friday.
HBIS (SHE:000709) will inject 4.8 billion yuan in cash into controlled subsidiary HBIS Laoting Steel to supplement capital and optimize financial structure.The move will raise HBIS Laoting Steel's registered capital to 25.2 billion yuan, increasing HBIS' stake to 83.26% from 80.21%, according to a weekend filing with the Shenzhen bourse.Shares of the iron and steel maker closed 1% higher Monday.
