Shougang shares will continue to suspend trading

NetEase Finance February 17 Shougang shares 17th evening issued a notice, because of the uncertainty of major asset restructuring, the company will continue to suspend the stock. Previously, its shares had been suspended since October 29, 2010 for planning major asset restructurings. Shougang shares said the company is working with controlling shareholders and interested parties on major asset reorganization in-depth communication and consultation.　　As the matter remains uncertain, the company's shares will continue to suspend business. December 4, 2010, Shougang shares disclosed the production of discontinued information, and for the first time disclosed its major restructuring of the prototype that with large shareholders Shougang Corporation will carry out high-quality Steel asset replacement. While the shutdown involves assets that account for the company's main revenue of 60%, it is not surprising that the shutdown is expected to persist. Moreover, with the protection of "asset replacement", the company said that the temporary effect of the shutdown on the interests of the company and shareholders would be resolved.