Xinyu Iron & Steel Co Ltd
SSE:600782
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Xinyu Iron & Steel Co Ltd's latest stock split occurred on Oct 13, 2016
The company executed a 2-for-1 stock split, meaning that for every share held, investors received 2 new shares.
Before the split, Xinyu Iron & Steel Co Ltd traded at 5.97 per share. Afterward, the share price was about 2.3405.
The adjusted shares began trading on Oct 13, 2016. This was the only stock split in Xinyu Iron & Steel Co Ltd's history.
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Xinyu Iron & Steel Co Ltd
Glance View
Founded amidst the industrial surge in China, Xinyu Iron & Steel Co., Ltd., commonly known as XISCO, has steadily unfurled its presence as a formidable player in the global steel industry. Located in Xinyu City, Jiangxi Province, the company operates in an environment rich with both tradition and innovation. Harnessing the power of its advanced manufacturing processes, XISCO focuses on the production and distribution of a wide array of steel products. From essential construction materials like steel bars and wires to more specialized steel plates and pipes, XISCO offers a comprehensive portfolio that caters to various sectors including infrastructure, automotive, and machinery. Embedded within its strategy is a robust supply chain management system, allowing the company to efficiently source raw materials and maintain consistent quality, which ensures both competitive pricing and the fulfillment of large-scale orders. Fueling its growth, XISCO capitalizes on its strategic geographical location and strong logistics network, exporting a significant portion of its production to international markets. This global expansion is supported by collaborations with key players in foreign economies, enabling the company to tap into burgeoning markets. Innovation plays a critical role in XISCO's operations, as the company invests heavily in research and development to enhance the quality and sustainability of its products. The company’s financial health is bolstered by prudent management practices and a constant drive to optimize production efficiency, minimizing waste while maximizing output. In essence, XISCO thrives through its ability to balance the traditional demands of the heavy industry with the modern imperative towards sustainable development, maintaining a steadfast commitment to both stakeholders and environmental stewardship.
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