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Chongqing Iron & Steel Board Approves China Baowu Supply Agreement for 2027-2029

PUBT·11/11/2026 12:50:37
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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.