Baotou Steel shares: the controlling shareholder has completed the implementation of the plan to increase the holding amount by 800 million yuan.

Published: Sep 2, 2021 16:59

Baotou Iron and Steel (Group) Co., Ltd. (hereinafter referred to as "Baotou Iron and Steel Group"), the company's controlling shareholder, and its holding subsidiary, China North rare Earth (Group) High-tech Co., Ltd. (hereinafter referred to as "Northern rare Earth"), plans to increase its stake in the company through the Shanghai Stock Exchange trading system within three months from July 5, with an amount of 800 million yuan.

Implementation of the plan to increase holdings: as of September 1, 2021, Northern rare earths have increased their holdings of 263083300 shares of the company through the Shanghai Stock Exchange's centralized bidding trading system, accounting for 0.577% of the company's total shares, with an increase of 800000159.69 yuan. 100% of the increase plan has been completed, and the implementation of the plan has been completed.

On September 2, 2021, the company received a notice from the controlling shareholder Baotou Iron and Steel Group that as of September 1, 2021, Northern rare earths had increased their holdings in the company by 263083300 shares through the Shanghai Stock Exchange's centralized bidding trading system, accounting for 0.577% of the company's total shares. the amount of increase is 800000159.69 yuan. 100% of the increase plan has been completed, and the implementation of the plan has been completed.

As of September 1, 2021, Baotou Steel Group and its concerted actor Northern rare Earth held a total of 25345875837 shares, accounting for 55.60% of the company's total share capital.

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Baotou Steel shares: the controlling shareholder has completed the implementation of the plan to increase the holding amount by 800 million yuan. - Shanghai Metals Market (SMM)