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Chongqing Iron & Steel Board Approves China Baowu Supply Agreement for 2027-2029
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Chongqing Iron & Steel Board Approves China Baowu Supply Agreement for 2027-2029
  • Chongqing Iron & Steel’s board endorsed supply and financial services agreement renewals at its November 11, 2026, meeting.
  • The supply agreement with China Baowu covers reciprocal materials and services from January 1, 2027, through December 31, 2029.
  • Baowu Finance’s agreement sets daily deposit and credit caps at RMB 2 billion each, including interest, for the same term.
  • Both agreements remain subject to independent shareholder approval at an extraordinary general meeting; China Baowu and its associates will abstain.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Chongqing Iron & Steel Company Limited published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20261111-12408891), on November 11, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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