Reported about 1 year ago
During the shareholders' meeting held by stainless steel sheet manufacturer Tang Rong on June 25, Chairman Wu Fengsheng successfully retired, paving the way for the selection of a new chairman at a later date. The meeting saw the election of 11 directors, including 3 independent directors, with representatives from the Ministry of Economic Affairs securing 7 directorships, including the chairman candidate Zhao Jianzai. The current chairman, Wu Fengsheng, emphasized the challenging operating environment in the steel industry and expressed hopes that the new management team would continue to strive for better performance. The company reported a consolidated revenue of 11.026 billion yuan and a net loss of 1.1232 billion yuan in the previous year.
Source: YAHOO