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Liuzhou Iron and Steel Group restructures Guangxi Ferroalloy Company

On April 7, Liuzhou Iron and Steel Group and Laibin Municipal Government held a signing ceremony for the free transfer of Guangxi Ferroalloy Co., Ltd.'s equity, marking that Guangxi Ferroalloy Company officially joined Liuzhou Iron and Steel Group. This is another major restructuring of Liuzhou Iron and Steel Group with state-owned enterprises after the reorganization of the 11th Metallurgical Group. It is a new starting point for the transformation and development of Guangxi Ferroalloy Company.