This announcement is a separate document:
国泰君安证券股份有限公司关于湖北新冶钢有限公司要约收购南京钢铁股份有限公司之独立财务顾问报告
Independent Financial Advisory Report of Guotai Junan Securities Co., Ltd. on Hubei Xinye Steel Co., Ltd.\'s bid to acquire Nanjing Iron & Steel Co., Ltd.
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