Panzhihua New Steel Vanadium Co., Ltd. plans a significant asset restructuring through a share swap to absorb Chongqing Titanium Industry Co., Ltd. and Sichuan Changcheng Special Steel Co., Ltd. Trading for the involved companies will be suspended starting April 24, 2009, until the completion of the cash option transfer and merger process.
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Stock Code: 000569
Stock Abbreviation: Changcheng Co., Ltd.
Announcement Number: 2009-014
Panzhihua New Steel Vanadium Co., Ltd. (hereinafter referred to as "Pangang Steel Vanadium") and all members of the board of directors guarantee the authenticity, accuracy, and completeness of the announcement content and bear joint liability for any false records, misleading statements, or significant omissions in the announcement.
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