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Zhongze Holding Group Successfully Acquired and Reorganized Jilin Ferroalloy
On December 16, 2014, Zhongze Group M & A and reorganization of central enterprises Sinosteel Group Jitie successfully completed equity delivery, marking the success of the strategic reorganization of Zhongze Group and central enterprises Sinosteel group Jitie!
2014-12-22中泽集团 浏览(7)

On December 16, 2014, Zhongze Group M & A and reorganization of central enterprises Sinosteel Group Jitie successfully completed equity delivery, marking the success of the strategic reorganization of Zhongze Group and central enterprises Sinosteel group Jitie

After nearly 10 months of hard work, Zhongze Group successfully acquired 73.326% of the central enterprises Jilin Ferroalloy Co., Ltd., which completed one of the largest M & A projects in the Group's history. Jitie is the most comprehensive strength of the domestic ferroalloy production enterprises, with a national enterprise technology center, is the national ferroalloy industry association director unit. The successful merger and acquisition of Jitie will play an important and positive role in the corporate image, economic strength, asset scale, future development and so on, but also provide a broader platform for the future development of the group.

At present, the group will plan to implement the relocation and transformation project of Jitie. In the next five years, in line with the basic principle of "structural optimization and upgrading, recycling of resources ", make a systematically plan for Jitie project according to the planning goal of Jilin Municipal Government" retreat into the garden, industrial upgrading, recycling economy “.

Jitie plant area plans to move from the old industrial zone of Hada to the Jinzhu Industrial New District in the north of Jilin City. And take the relocation and transformation as an opportunity to improve the overall equipment level of the enterprise in an all-round way, promote the adjustment of product structure, optimize the alloy quality, and enhance the market competitiveness and sustainable development ability.

Further through the global ferroalloy upstream and downstream industry chain integration and other strategic measures, to become bigger and stronger in ferroalloy and its related business, make Jitie become the multinational enterprise with global brand influence and industry leading position. At the same time, the original factory site will be planned and constructed of Hada New City.

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