Recent events
Recent events tied to this brand in public sources.
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2021
Baowu carbon-neutrality equity fund established
China Baowu, together with the National Green Development Fund, China Pacific Insurance (Group), and CCB Financial Asset Investment, signed an agreement in Shanghai to establish the Baowu carbon-neutrality equity investment fund, with a total scale of 50 billion yuan and an initial phase of 10 billion yuan.
2020
China Baowu and TISCO Group undertake joint restructuring
China Baowu and TISCO Group undertook a joint restructuring, according to the article; the supplied text does not provide further details of the transaction.
2020
China Baowu agreed to acquire a 51% stake in TISCO Group
China Baowu and Shanxi State-owned Capital Operation Co. signed an agreement for the free transfer of a 51% stake in Taiyuan Iron and Steel (Group) Co. to China Baowu.
2020
China Baowu signs agreement to acquire a 51% stake in Taiyuan Iron and Steel Group
On August 21, Shanxi State-owned Capital Operation Co. signed an agreement to transfer its 51% stake in Taiyuan Iron and Steel Group to China Baowu without compensation. The article states that after the agreement is completed, China Baowu will indirectly control 62.70% of the shares of Taiyuan Iron and Steel Co.
2020
SAIC and China Baowu sign strategic cooperation framework agreement
SAIC Group and China Baowu Steel Group signed a comprehensive strategic cooperation framework agreement to jointly develop a national hydrogen-energy industry demonstration zone.
2019
China Baowu and Shanghai Futures Exchange sign strategic cooperation agreement
China Baowu Steel Group and the Shanghai Futures Exchange signed a strategic cooperation agreement to jointly build a multi-level commodity trading system and promote a high-quality steel ecosystem.