Guangzhou Boxin

With the establishment of the trend of market adjustment, the warrant market has once again become the focus of concentrated speculation. The newly listed Yili Warrants have closed the trading limit at the beginning of the trading, which shows that the sudden profit effect of "speculation whenever new" in the history of the warrant market is still powerful; Therefore, the listing of Maanshan Iron and Steel's warrants on Wednesday is bound to cause collective agitation of warrants in the two markets, especially the steel warrants with the strongest linkage with Maanshan Iron and Steel's warrants, which will be the focus of market capital sniping.

　　 Handan Steel Recently, it decided to invest 2.036 billion yuan to acquire the power plant, heat plant, Ministry of Transport, medium plate production line and other assets of Handan Iron and Steel Group, which actually included all the high-quality assets of Handan Iron and Steel Group. The medium plate production line acquired by the company was completed and put into operation in May this year. In 2006, the main profit will be about 164 million yuan, which will greatly enhance the asset quality and profitability of Handan Iron and Steel. Therefore, we believe that Handan Iron and Steel warrants also have the momentum of short-term outbreak.

　　 Hangang JTB1 (580003) is the warrant with the largest circulation share, and Handan Iron&Steel's unique equity structure makes this warrant the most valuable warrant for M&A in the current market. In the near future, the main fund of the warrant has been scrambling for funds. With the full reserve of short-term retracement, and the establishment of the bull trend of the positive stock, especially the promotion of the listing of Maanshan Iron and Steel's warrant on Wednesday, which is likely to rise or fall, the rising market of Handan Iron and Steel's warrant will break out violently.