Jiaozuo Wanfang Aluminum Manufacturing Co. (000612 CH): The maker of aluminum products said net income for 2010 fell 40 percent from a year earlier because of an impairment of assets for one of its subsidiaries. The stock dropped 2.9 percent to 21.11 yuan.
Shanxi Taigang Stainless Steel Co. (000825 CH): China’s biggest producer of the rust-proof metal said it will set up a unit for making specialty steel used in machinery and railways. The shares dropped 2 percent to 5.82 yuan.