[Multiple Steel Enterprises Inject Confidence into the Market with Actual Investments]

According to incomplete statistics, since June, multiple steel enterprises, including Anyang Iron and Steel, Lingyuan Iron and Steel, Xinjiang Iron and Steel, Shandong Iron and Steel, Guangda Special Materials, Chongqing Iron and Steel, Youfa Group, Fangda Special Steel, and others, have released plans for shareholders to increase their holdings and repurchase shares, sending a positive signal to the capital market. Zhang Xinyuan, the head of research at Ke Fang De Think Tank, stated, "Multiple steel enterprises releasing announcements of shareholder increases and company repurchases within the month reflect some positive changes within the steel industry, indicating that the management and key shareholders of these companies have confidence in the company's future development. This kind of behavior also typically has a positive impact on the secondary market.