Guangzhou Boxin: Steel Vanadium GFC1 Rises Again

Guangzhou Boxin

Steel Vanadium GFC1 (031002), as a newly listed sub new warrant, is another equity warrant derived from separate trading convertible bonds after Masteel CWB1. It has unique investment advantages such as non creation, and its circulation share will not change, which makes it have good investment value.

Positive shares New steel vanadium It is the largest iron and steel complex in western China, one of the largest rail production bases in the world and China, and one of the largest vanadium production bases in China. Since its listing, the company has been developing steadily and has maintained a stable dividend payout every year. The company issued 3.2 billion yuan of separate convertible bonds, and 1.2 billion yuan will be used for the development and construction of Baima Mine. Baima Mine will be completed and put into operation at the end of this year. Next year, the mine will have a positive impact on the company's performance. Especially in the context of high iron ore prices, the company's control of rich iron ore resources has extraordinary strategic significance, and its profit space will also expand rapidly.

On the secondary market, the warrant was closed on the first day of listing, and once rose in shock. In recent days, the rapid adjustment of continuous contraction has highlighted the phenomenon of short-term oversold; As the main force in the recent three trading days continues to strengthen its commitment to low positions, the momentum of the warrant's long run has rapidly accumulated. With the full outbreak of the entire steel warrant, the market is expected to rise again.