Nanjing Iron & Steel Completes Disposal of Stake in Wansheng

MT Newswires Live

2025/07/23

Nanjing Iron & Steel (SHA:600282) completed the disposal of kitchen supplies maker Zhejiang Wansheng (SHA:603010) after receiving the final installment of the acquisition payment, according to a Shanghai bourse disclosure on Wednesday.

Fosun International (HKG:0656) paid the third and final installment of 1.02 billion yuan to acquire the 29.6% stake in Wansheng.

The full transfer price was 2.65 billion yuan, the Chinese steel manufacturer said.

Nanjing Iron & Steel's shares slipped 1% during midday trade.

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Steel (SHA:600282) completed the disposal of kitchen supplies maker <a href=\"https://laohu8.com/S/603010\">Zhejiang Wansheng</a> (SHA:603010) after receiving the final installment of the acquisition payment, according to a Shanghai bourse disclosure on Wednesday.</p><p>Fosun International (HKG:0656) paid the third and final installment of 1.02 billion yuan to acquire the 29.6% stake in Wansheng.</p><p>The full transfer price was 2.65 billion yuan, the Chinese steel manufacturer said.</p><p>Nanjing Iron &amp; Steel's shares slipped 1% during midday trade.</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK0044","symbol_name":"CDM項目","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2553962612","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2553962612","pubTimestamp":1753247797,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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