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  1. Panva lifts interest in Anshan gas venture

    Posted Mar 25th 2005, 12:00am by Denise Tsang

    ... purchase of of a 30 per cent interest in the project for 41.46 million yuan. Panva, committed to a 51 per cent interest for 70.49 million yuan in the Anshan City Gas project, yesterday said ... year. 'Entering into a further asset transfer agreement will allow Panva Gas to consolidate further control of Anshan City Gas at a reasonable consideration,' the company said ...

  2. Groups take first step to a merger

    Posted Aug 16th 2005, 12:00am by Eric Ng

    ... to happen, as Benxi Group accounts for 70 per cent to 80 per cent of the city's tax revenues,' said Tiger Huang Weihua, an analyst at Beijing-based consultancy Hatch. Anshan Group ... Eric Ng But tie-up of steel firms may take years as tax and redundancy issues dog talks Anshan Iron and Steel Group and Benxi Iron and Steel Group have formed a company to carry out ...

  3. bad loans resolved at local level

    Posted Jun 07th 2005, 12:00am by Jamil Anderlini

    ... years. Local governments in cities such as Dalian, Chengdu and Anshan came in for special praise for bringing down non-performing loan rates by as much as 50 per cent. The city commercial banks, ... Jamil Anderlini Local governments helped resolve 23.4 billion yuan of non-performing loans in mainland city commercial banks last year through sales, write-offs and capital injections, ...

  4. Angang postpones fund raiser

    Posted Aug 17th 2005, 12:00am by Eric Ng

    ... as raw materials costs also fell by a similar magnitude. Angang's parent firm, Anshan Iron & Steel Group, has established a new company to merge with Benxi Iron & Steel Group. ...

  5. In Brief

    Posted Jan 07th 2005, 12:00am by Staff Reporter

    ... in Taiwan. steel group lifts capacity Anshan Iron and Steel Group, parent of H share Angang New Steel, plans to almost double steel output capacity to 20 million tonnes in five years. Last year, ...

  6. Former vice-governor jailed for bribery

    Posted Feb 05th 2005, 12:00am by Staff Reporter

    ... in Anshan city, Xinhua said. He was detained in 2003 after accepting more than 1.3 million yuan in bribes from a transport company manager in Shenyang. Liu helped the manager, identified as Xia ... in his confession and returned the bribes. Meanwhile, Xinhua also reported yesterday that Li Guidong, a former vice-mayor of Dongxing city, Guangxi, had his sentence for accepting bribes reduced ...

  7. Coastal Greenland to lift investment

    Posted Dec 19th 2005, 12:00am by Sandy Li

    ... largely in Beijing, Shanghai, Wuhan and Anshan. The accommodation value of the sites varied, with cities such as Shanghai recording the highest of about 3,000 yuan per square metre while Wuhan ...

  8. Liaoning tour a bid to allay fears over virus control

    Posted Nov 17th 2005, 12:00am by Staff Reporter

    ... the government's continuous education.' The group was also taken to a large-scale poultry production base in Anshan's Taian county, a bird flu-free city that borders Heishan. The farm produces ... more than 15 million head of poultry were culled in Heishan, Beining city, Nanzhan New District of Jinzhou city and Fuxin, incurring 80 million yuan in slaughter and disinfection costs. ...

  9. Helpful tips on tricky words

    Posted Dec 21st 2005, 12:00am by Staff Reporter

    ... dependent on service industries and many people cannot find suitable jobs. Experts warn that the city's high rents and shortage of skilled labour are big problems for manufacturing. ... across the border. 'The central government has agreed to let the two companies co-invest in a 10 million tonnes-a-year steel plant in Yingkou [about 80km southwest of Anshan] provided ...

  10. China presses steelmakers to merge

    Posted Jul 21st 2005, 12:00am by Eric Ng

    ... the nation's largest steel producer Baoshan Iron & Steel has an annual capacity of about 20 million tonnes, while the second-largest Anshan Iron & Steel can produce 12 million tonnes a year. ... capacity to 40 million tonnes. Anshan is planning a project with five to 10 million tonnes of annual capacity in Yingkou, Liaoning province in co-operation with Benxi Iron & Steel. Both ...




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