Borrow shell *st Gold fruit Henan mining tycoon Li Gang continued to write rich myth

Li Gang, the *st of China-Canada group, is taking part in the restructuring of the listed companies ' gold fruits, and one of the core assets of the China-Canada group, Wugang Mining Development Co., will be injected into *st. "China-Canada Group II. "In Wugang, Henan province, the top spot naturally belongs to Wuyang Iron and steel company, and when asked" who is the Wugang city ranked second enterprise? "When the staff of Wuyang Iron and steel Company, taxi drivers, roadside hawkers ...　　Most of them give the same answer: China-Canada Group. But Li Gang, who is behind the China-Canada group, does not seem to care about the "second" honour, he is participating in the restructuring of the listed company *st (000722), and Wugang, one of the core assets of the China-Canada group, will be injected into *st.　　As a result, the Chinese and Canadian mining movement, has gradually become a common concern of the national investors topic. The rising Golden Wugang Hotel is a landmark of the Wugang, looking out from the hotel building, with sparkling rock-floodplain reservoirs and undulating mountains.　　Just look at this green water around the natural landscape of the castle Peak, you will not think, this is located in the North China Plain, Henan province. Wugang Hotel's doorway, there are advanced cars in and out, the car out of the people, mostly dressed in decent, polite conversation. After talking to these people, they found that most of them were employees and customers of Wuyang Steel, China-Canada mining and other companies.　　Wugang Hotel is the epitome of Wugang, it can be said that the city's more than 300,000 people are "eat by Steel", Li Gang is no exception. "Li Gang was in the sea after he resigned from Wuyang Iron and steel Company. Chen Tao, a Wugang local person who has contacts with Li Gang, appreciates Li gang very much. Chen Tao said that Li Gang's education is not high, the home is not particularly deep background, the Sino-Canadian system can have today's success, depends largely on Li Gang's personal ability.　　The man who had seen Li Gang said that he was tall, his country-face, forthright, and never put on airs in front of the workers, and often dined at a roadside shop. Wuyang Iron and Steel Company senior staff Gaocheng recalls Li just started some things, "when he was more than 20 years old to start a business, the partners on his very trust." If he writes a note, others will trust him.　　"After the resignation of Wuyang Iron and Steel, Li Gang started the steel trade, dug into the first bucket of gold, and later, with a wealth of network resources, he successfully entered the field of mineral development, iron smelting and other fields." Behind Li Gang's success, his wife Li Baoyu. Li Baoyu, who worked in a local bank, analyzed the Li Baoyu's experience and connections with the bank, which helped Li Gang's early development. "Li Baoyu is friendly and good-natured. Last year, the Sichuan earthquake, she privately donated millions of, but only a few people know. In Chen Tao's opinion, Li Baoyu is as sensitive and compassionate as most women, and she is a rational and shrewd woman. "Now she is in charge of the China-Canada mining finance, no matter how the company to the hired professional managers to delegate, but the money bag is always pinched in the hands of the Li clan." "The expansion of the China-Canada system in mining and ironmaking businessDepends largely on the resources of Li Gang in Wuyang Steel. Li Gang's father and father-in-law are the cadres of Wuyang Iron and Steel company, and they have some connections within the Wuyang iron and Steel company, and they have mastered certain professional knowledge.　　It is impressive that in that year, Li Gang recruited a large number of retired department cadres from Wuyang Steel, who formed a think-tank to provide intellectual support for the development of the China-Canada department. However, most of the people who dug from Wuyang Iron and Steel company held middle management positions within the China-Canada department, Gaocheng told reporters: "Many of the senior executives from the China-Canada department are recruited from the field, in the growth process, Li Gang attaches great importance to professional managers, and boldly delegate."　　"Gaocheng gathered the information is that the annual salary of these executives mostly reached the millions, even the division of the boss, the income is higher than 300,000, on the books, this is higher than Wuyang Steel Company's treatment." Li Gang really played "China plus" brand, in 2002, that year, the Lee family and Toronto, Canada, a consultancy company established in the Sino-Canada Steel Company.　　Until 2004, Li just set up the mining industry, China and Canada, the first embryonic form, in 2006, Lee has just set up the China-Canada group. "It is said that his relatives in Canada have a vein of resources." Chen Tao believes that cooperation with Canada is of great significance to the growth of the Chinese-Canadian system.　　Because, at that time, the comprehensive ability of Canadian enterprises to do business is undoubtedly in front of Wugang enterprises. In the 2008-year listing, one of the three major events that China and Canada has decided to do is to have the China-Canada mining company listed.　　This is the information that the reporter obtains from the Wugang SME Service bureau. "This should be the idea of a professional manager who may not be familiar with the capital markets, according to Li Gang's knowledge background."　　Chen Tao bluntly. July 2008, China-Canada group's mining industry officially in the securities market. At that time, *st, who was in the middle of a suspension, announced its asset restructuring programme.　　Under the scheme, *ST will become a private mining company, with the reorganisation being the China-Canada mining industry. In fact, the China-Canada mining industry to be injected into *st is only a part of the assets of the China-Canada department, and the information provided by the SME Service Bureau of Wugang City shows that China and Canada group under the jurisdiction of China plus steel, China plus mining, ye, the company's four subsidiaries, the total assets of　　In fact, the Lee family control of assets, as well as Henan Big real Estate company. At present, the China-Canada mining industry has a mining area including the mountain temple, the shoulder pole Lee, the temple three open pit and Leng Gang, Xiao Han Zhuang two underground mines. Approved mining area of 6.8 square kilometers, 147 million tons of ore reserves. "The 3 million tonnes/year production scale disclosed by Shan Si iron ore is basically credible, and it should be enough for the generation of Li gang in total reserves."　　Wugang City, a steel industry professionals told reporters. In fact, not all the minerals in China and Canada are produced by themselves.　　Wugang Local and Wugang cities have a large number of small and medium-sized mines, which are also important sources of raw materials for the China-Canada mining industry. "When the industry is booming, the big trucks that drive on the road catch one, and a few of the publicThe road, like blood, transports the mine to the China-Canada mining industry.　　Chen Tao said that because Li Gang took the "pay cash immediately after the ore" payment method, the miners like to send ore to him, years down, Li Gang's name has begun. 　　The process of production and operation of the China-Canada department is probably, the China-Canada mining-owned by the Mountain Temple, such as several mining processing of iron powder was sent to China and Steel Company's three BF, the three bf production of hot metal reheat supply separated Wuyang iron and steel ultra-high power electric furnace. "When the market was good, Li Gang's business was so jealous!" he said. From mining processing, and then smelting into molten iron to the Wugang company, the white money was handed. When the industry boom, that is a few times the cost of profit Ah! Now, the estimate is down a lot.　　Gaocheng tried to sketch the impact of the financial crisis on the China-Canada mining industry. In fact, the restructuring of the Chinese-Canadian mining industry and the *ST has taken a number of variables, affected by the crisis. This March, *st Golden Fruit shareholders meeting through the revised asset reorganization plan, compared to the previous plan, *st gold and the number of additional shares of the increase in prices and the value of the assets of China and Canada are lower than the previous 1.61 billion yuan less than nearly 50%.　　*st Kingo's response was mainly due to a sharp drop in iron ore prices and volatility in the two-tier market. In an interview with Wugang, the reporter learned that Li Gang has made a commitment in the China-Canada Department: No layoffs under the crisis. For this move, Chen Tao Evaluation way: "Don't look Li Gang culture is not high, but he to modern enterprise management method is very important, this does not lay off the action, to strengthen the role of enterprise cohesion self-evident, more important, this can stabilize employment, do well with local government relations." "The separated Wugang Reservoir West Bank, in addition steel and Wuyang steel is only separated." In fact, this image is reflecting the relationship between the whole middle-grade and Wuyang steel.　　Local people pointed out that stable sales of customers is conducive to business stability, but the worry is also with the birth: The fate of the Chinese-Canadian system is too much affected by Wuyang steel. A cement road leading to Wuyang steel is littered with stoning and dusty. Residents living in the vicinity told reporters that the road is mainly from the traffic of large trucks crushed. "You see, before the steel industry boom, the length of the truck queue, from Wuyang Steel Company's Gate has been to here, should be nearly 1 kilometers long, then often traffic jams!" Now, at the entrance of Wuyang Iron and Steel Company, the reporter just saw four or five big trucks in the cargo. Gaocheng told reporters that this year, the operation of Wuyang Steel is far from the last year, estimated that the current production is less than half the same period last year.　　Another version of what the reporter heard in the area is similar to this: Wugang 4 blast furnaces, only 1 are in production. In fact, in the entire steel industry, Wuyang Iron and Steel Company in the subdivision of the industry is relatively lucrative. It is reported that Wugang company is China's first wide-width steel plate production enterprises in technical equipment and varieties of quality has obvious advantages. Wugang products are mainly used in national major technical equipmentPreparation project, national defense military and national economy important department, the Three Gorges project has used the Wugang product. "In a variety of steel products, this kind of thick plate should be sold relatively good."　　Tang Steel an insider told reporters. "Wuyang iron and steel used a large number of scrap steel production, high cost; In addition, Baosteel, Angang and other enterprises to produce extra-thick steel products, the technology is also coming up, competition is increasing.　　"Gaocheng said. Wuyang Iron and steel operating conditions decline, China and Canada will naturally be implicated. Gaocheng said: "Wuyang Steel and the Sino-Canada relationship is too close, this year, Wuyang steel business decline, the upstream of the industrial chain of Steel, China-Canada mining industry will certainly be affected, the price is suppressed."　　"Joint metal Network analysis of the report pointed out that the recent domestic iron ore prices have been following the lower import ore prices, some low-grade, higher mining costs of domestic mines began to lose money, some domestic miners were forced to retire."　　The crisis is not just a matter of industry-cycle volatility. Chen Tao told reporters, Wuyang Iron and steel inside a sound hope to expand upstream of the industrial chain, which is obviously not good news. "Wuyang iron and steel in the period before the start of a project, from steelmaking to ironmaking, the project once built, it means that the Sino-Canadian steel is facing a survival crisis, the iron and steel problems, the more upstream of the China-Canada mining industry will certainly become very passive." But in the end, in the multi-stakeholder game, China and Canada won the victory, Wuyang Iron and steel projects did not start construction. "There are many reasons why Li Gang can win in the game," he said.　　"Chen Tao Analysis Way, and Wuyang steel belong to Handan iron and steel, China and Canada have a large number of taxes to the local government, and Li Gang is out of the name of no default tax, also ordered under the tax can not evade the" big taxpayer "; In addition, Li Gang is a sociable person with wide connections "The Wuyang Iron and steel project, although not on the horse, but after the incident, Wuyang Iron and steel to the procurement of the number of products has been limited." "Chen Tao said," Although the Henan province and Anyang Steel and other steel companies, but, if the Sino-steel cooperation, freight problems will inevitably compress profit space, moreover, Anyang Steel must have its own stable source of ore.　　"In fact, Li Gang has a lot of problems to solve."　　China and Canada mining sales customers with iron and steel, double macro steel and Li Gang are inextricably linked, with China and Canada to inject *st gold, iron and steel, Shuang-Hong Steel to solve the relationship with China-Canada mining, still worthy of concern. Reporter access to information found that in addition to steel by Huayu materials Company and Canada, Toronto, the company's investment, and China-Canada mining related party Li Chazheng, Li Baohong, Li Baojun Total holds Huayu material 100% equity; double-macro steel by the dual-combined materials accounted for 74%, and Li Gang's brother Syed holding a dual-material 70% stake, is the actual control person of the double material.