EUR 13.54 For Business Accounts Only

For FANGDA SPC.STL.TECH.CTD., the environment deterioration entails a downgrade to Neutral

FANGDA SPC.STL.TECH.CTD. (CN), a company active in the Steel industry, now shows a lower overall rating. The independent financial analyst theScreener just confirmed the fundamental rating of 3 stars out of 4, as well as the stock market behaviour of the title as moderately risky. However, environmental deterioration penalises the general evaluation, which is downgraded to Neutral. As of the analysis date September 17, 2019, the closing price was CNY 8.71 and its expected value was estimated at CNY 8.82.
Fangda Special Steel Technology (A)

Nanchang Changli Iron & Steel is engaged in the manufacture, research, development and sale of automobile leaf spring, torsion-bar spring, spring round steel, spring flat steel spring, shock absorber, special equipment used for spring, automobile spare parts and mould; sale of automobiles; sale and process of metal, ferroalloy and metallurgical untreated fuel; manufacture and sale of ferrous metal smelting and its calender run products and its by products; manufacture, process and sale of coking and carbonize products and by products; production of granulating slag; construction installation; and the import and export of commodities.


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