"A-Share Focus" Baosteel slightly declines, production capacity target adjusted from "80-100 million tons" to "80 million tons +"
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Baosteel (Shanghai: 600019) recently adjusted its production capacity target from "80-100 million tons" to "80 million tons +", emphasizing that it will no longer simply pursue scale expansion, but will focus on tapping into existing value. The company stated that there are limited quality acquisition targets domestically, and its medium to long-term overseas target is a production capacity layout of "5 million tons +", with expansion following the principles of prudence and strategic orientation. Currently, Baosteel's stock price has slightly decreased by 0.13%, trading at 7.56 RMB
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