---
title: "SANGANG MINGUANG: The company's capital expenditures for new construction after 2025 will significantly decrease"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/240258245.md"
description: "On May 14th, SANGANG MINGUANG stated at the performance briefing that the company's capacity replacement and ultra-low emission transformation have entered the final stage. Except for the capacity replacement project of Quanzhou Minguang Steelmaking and supporting projects, other capacity replacement projects have basically been completed and put into use. The new capital expenditures for construction will significantly decrease after 2025"
datetime: "2025-05-15T00:37:43.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/240258245.md)
  - [en](https://longbridge.com/en/news/240258245.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/240258245.md)
---

# SANGANG MINGUANG: The company's capital expenditures for new construction after 2025 will significantly decrease

On May 14th, SANGANG MINGUANG stated at the performance briefing that the company's capacity replacement and ultra-low emission transformation have entered the final stage. Except for the capacity replacement project of Quanzhou Minguang Steelmaking and supporting projects, other capacity replacement projects have basically been completed and put into use. The new capital expenditures for construction after 2025 will significantly decrease

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