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Chongqing Iron & Steel Company Limited (01053.HK) announces the resignation of its Deputy Chairman.
Chongqing Iron & Steel Company Limited (HKEX: 1053) announced that, due to personal work-related reasons, Song Dean has resigned from his positions as Director, Deputy Chairman, and member of the Strategy and ESG Committee, Nomination Committee, and Remuneration and Appraisal Committee, effective as of yesterday (the 3rd).
Chongqing Iron & Steel Details Board and Committee Structure
Chongqing Iron & Steel Company Limited (stock code: 01053) has received approval from the China Securities Regulatory Commission (CSRC) for the registration of its proposed private placement of A-shares.
Chongqing Iron & Steel Company Limited (stock code: 01053) announced that the company today received the "Reply on Approval of the Registration for Chongqing Iron & Steel Company Limited’s Issuance of Shares to Specific Objects" (CSRC Permission [2026] No. 1268) issued by the China Securities Regulatory Commission (CSRC). The main content is as follows: Your company's registration application for the issuance of shares to specific objects is hereby approved.
Chongqing Iron & Steel Company Limited (01053.HK) plans to capitalize its 1.61% equity interest in Baowu Water Services into Baowu Environmental Technology as an in-kind contribution.
Chongqing Iron & Steel Company Limited (stock code: 01053) announced that on May 27, 2026, the Board approved the execution of a capital increase agreement among the Company, Baowu Environmental Science & Technology, China Baowu Steel Group Corporation Limited, and their respective affiliates. Pursuant to the capital increase agreement, the existing 16 shareholders of Baowu Water Services will contribute their respective equity interests in Baowu Water Services to Baowu Environmental Science & Technology as capital contributions. Among them, the Company intends to contribute its 1.61% equity interest in Baowu Water Services, valued at an agreed amount, to Baowu Environmental Science & Technology. Following the completion of the capital increase, the Company will hold a 0.53% equity interest in Baowu Environmental Science & Technology and will no longer hold any equity interest in Baowu Water Services.
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