Tang resigned as deputy chairman of Angang general manager Chen Ming Interim Authority

Source: Internet
Author: User
Keywords Shares general manager positions Anshan Iron and Steel Group Corporation Tang
-Our correspondent Shei June 27, Anshan Iron and Steel shares released the latest announcement that the original general manager Tang has resigned from the company general manager, vice chairman and director of the office, the former deputy general manager Chen Ming will temporarily exercise his position as general manager.  At the same time, on June 26, the company's board of directors, Chen Ming was also elected as the vice chairman of Angang shares.  Yesterday evening, the reporter interviewed Anshan iron and steel Dong Chingi meeting, he said, Tang will return to Angang group, but the specific position is not clear.  The chief task of the general manager of Chen Dai-Ming was born in 1961, Chen had just taken over the job of Huang Haodong, deputy general manager of the former Anshan Iron and Steel Company, who was dismissed in late November 2008, and was later elected as director of Angang in February.  And less than six months later, Chen was re-elected as the vice chairman of Anshan Iron and Steel company, and temporarily exercised the general manager of this "big shopkeeper" position.  From the record of Chen Ming's public disclosure, it is also a technical background, in Angang more than 20 years of work, has been the third steel plant in Angang, the chief engineer, Angang Second steel plant deputy Director, director, Angang New steel company deputy manager and Production minister, Angang Planning and Development Minister and the Strategic Development Department of Anshan Iron and steel minister and other positions. From the current point of view, Chen is only acting as the general manager of Anshan Iron and steel, when the election of the official general manager and whether there is a candidate, Bangi said: "Chen general manager of the Office for how long time is not clear, have not discussed these." In addition, June 26, Angang shares also issued a statement reiterated that the company is expected to lose in the first half, the performance of about-2.99 billion to 0 yuan.  Angang shares said the company's profitability was affected by the spread of the global financial crisis, shrinking demand in steel markets, falling prices, overcapacity in domestic steel and supply and demand imbalances.  Therefore, whether for Chen Ming or the subsequent formal replacement of the general manager of the company executives, the second half of the stake in Angang how to turn the profit, or has become the top priority.  In Friday, Angang shares closed at 7.20 yuan a share.  Former general manager Tang, a 51-Year-old Tang, joined Angang Group in 1982 and served as the director of the third steelmaking plant of Angang Group, general manager of Angang New Steel Company, deputy general manager of Angang Group company and general manager of Angang.  Angang shares said Tang the resignation of the company's general manager, vice chairman and director of the job is the reason for the work, but did not disclose that he left the listed companies will be adjusted any post.  June 28, Mr. Bangi, director of Anshan Iron and Steel Company, said in a telephone interview with the reporter that Tang should return to Angang group, but the specific position is not clear.  Tang as general Manager, in addition to 1.89 billion yuan to invest heavily in Tianjin Tin Iron Metallurgical Group Steel Co., Ltd., Angang shares also passed two times to attract market attention to large-scale fund-raising resolution. It was the first "a+h" T synchronous allotment in the domestic capital market in October 2007, and finally raised the capital by about 17 billion yuan, whichThe ministry invested in the investment construction of Yingkou Bayuquan Iron and Steel project of Angang. At present, Anshan Iron and steel shares Bayuquan project is still under construction; second, last December, Angang shares passed a resolution to open a public offering of no more than $10 billion trillion bonds in the territory, and the funds raised were intended to be used to repay loans, restructure debt institutions and replenish liquidity. So at that time, the market thought, Angang shares at the end of the industry downturn, may face some financial pressure.
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