Investment Summary

Hubei Xin Yegang Invests In Daye Special Steel

On August 29, 2005, Hubei Xin Yegang invested in metals/mining company Daye Special Steel for 479M CNY

Investment Highlights
  • This is Hubei Xin Yegang’s 1st transaction in the Metals/Mining sector.
  • This is Hubei Xin Yegang’s largest (disclosed) transaction.
  • This is Hubei Xin Yegang’s 1st transaction in China.

Investment Summary
Date 2005-08-29
Target Daye Special Steel
Sector Metals/Mining
Investor(s) Hubei Xin Yegang
Deal Type Stake Purchase
Deal Value 479M CNY

Target

Daye Special Steel

Huangshi, China
Daye Special Steel's quality system has been approved by TV Quality Management System and got ISO9001 standard 2000 Ed and QS9000 1998 Ed Certifications. It is the first company in China who manufactures large-sized steel mooring chain and the third who gets certifications from the United States ABS, Norway DNV, the United Kingdom LR and other international well-known classification societies.

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Investor(S) 1

Investor

Hubei Xin Yegang

Huangshi, China
Category Company
Sector Metals/Mining
DESCRIPTION

Hubei Xin Yegang Co., Ltd. engages in steel production.

DEAL STATS #
Overall 1 of 1
Sector (Metals/Mining) 1 of 1
Type (Stake Purchase) 1 of 1
Country (China) 1 of 1
Year (2005) 1 of 1
Size (of disclosed) 1 of 1
Mergr

Product

Company

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