Grupo Simec Files Its Form 20-F For The 2020 Financial Year

Rhea-AI Summary

Grupo Simec, S.A.B. de C.V. (NYSE-MKT:SIM) announced the filing of its Annual Report on Form 20-F with the U.S. Securities and Exchange Commission for the year ended December 31, 2020. The report includes the company’s audited financial statements, which are also accessible via their investor relations website. Grupo Simec is a leading manufacturer and distributor of SBQ and structural steel products, operating in Mexico, the U.S., and Brazil. Their steel products serve various industries, including automotive and construction.

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• Filing of Annual Report on Form 20-F indicating transparency and compliance with regulatory requirements.

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• None.

GUADALAJARA, Mexico, May 25, 2021 /PRNewswire/ -- Grupo Simec, S.A.B. de C.V. (NYSE-MKT:SIM and BMV:SIMEC-B) (the "Company") yesterday filed its Annual Report on Form 20-F for the year ended December 31, 2020 with the U.S. Securities and Exchange Commission at www.sec.gov. The Form 20-F is also available on the investor relations section of the Company's website at www.gsimec.com.mx/reporte-anual.php. Shareholders may request a hard copy of the Form 20-F, including the Company's complete audited financial statements for the year ended December 31, 2020, free of charge, by contacting the Company's Investor Relations director, Jose Luis Tinajero, by email at jose.luis.tinajero@industriasch.com.mx.

About Grupo Simec

Grupo Simec is a diversified manufacturer, processor and distributor of SBQ steel and structural steel products with production and commercial operations in the United States, Mexico and Brazil. Grupo Simec is also an important producer of structural and light structural steel products in Mexico in terms of sales volume. Grupo Simec's SBQ products are used across a broad range of highly engineered end-user applications, including axles, hubs and crankshafts for automobiles and light trucks, machine tools and off-highway equipment. Its structural steel products are mainly used in the non-residential construction market and other construction applications.

Contact:	Jose Luis Tinajero
	Mario Moreno Cortez
	Grupo Simec, S.A.B. de C.V.
	Calzada Lázaro Cárdenas 601
	44440 Guadalajara, Jalisco, Mexico
	+52 55 1165 1025
	+52 33 3770 6734

 

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SOURCE Grupo Simec, S.A.B. de C.V.

FAQ

What is the significance of Grupo Simec's Form 20-F filing for the year 2020?

The Form 20-F filing is significant as it contains the company's audited financial statements and ensures compliance with U.S. regulatory standards.

Where can I find Grupo Simec's Form 20-F for 2020?

Grupo Simec's Form 20-F for 2020 is available on the SEC website and the company's investor relations section.

What types of products does Grupo Simec manufacture?

Grupo Simec manufactures SBQ steel and structural steel products for various applications in the automotive and construction sectors.

How does Grupo Simec's business operations span internationally?

Grupo Simec operates in Mexico, the United States, and Brazil, highlighting its diversified manufacturing and distribution capabilities.