06
Aug
09:08
Ouyeel starts IPO preparations
Ouyeel, a subsidiary of Baowu Group, has signed an initial public offering (IPO) tutoring agreement with CITIC Securities, according to a Shanghai Securities Regulatory Bureau notice seen by Kallanish.
Ouyeel has not disclosed the specific segments it plans to list, despite IPO preparations already starting. Baowu directly or indirectly holds a total of 60.89% of Ouyeel’s shares.
Ouyeel’s business covers steel product trading, logistics, finance and o…
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Very good overview of the weekly steel market.
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