00581.HK
China Oriental Group Company Limited
HKSE · Basic Materials · Steel · HK
HKD 0.97
−4.46%Sep 15, 2026, 01:56 UTC
ArcelorMittal and China Oriental Group launched the AMORNEX electrical steel brand in Changzhou, China, through a joint venture with investment of approximately 5 billion yuan (about $745 million) and planned annual capacity of 1.8 million metric tons, with first-phase production scheduled for June 2027.
Source:Sep 9, 2026, 06:32 UTC
ArcelorMittal and China Oriental Group's joint venture project for electrical steel in Changzhou has reached the equipment installation stage, with planned annual capacity of 1.8 million tons and first-phase capacity of 500,000 tons of high-performance non-oriented electrical steel, targeting production start in mid-2027.
Source:Aug 31, 2026, 17:42 UTC
China Oriental Group reported interim results for the six months ended June 30, 2026, with net profit of 241 million RMB, up 18.7% year-on-year, revenue of 18.222 billion RMB, down 8.3%, and no dividend declared.
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