Baoji Titanium shareholder begins planned stake increase

Baoji Titanium Industry (SSE:600456) announced that its controlling shareholder, Baoji Titanium Group Co., Ltd., has commenced its previously announced plan to increase its stake in the company. On June 13, 2025, Baoji Titanium Group acquired 500,000 A-shares through the Shanghai Stock Exchange, representing approximately 0.104651% of the total share capital, for a total consideration of CNY 14,964,345. This initial purchase is part of a larger plan, unveiled on April 11, 2025, to acquire between 1% and 2% of the company's total share capital, with a total investment ranging from CNY 150 million to CNY 300 million. Following this initial increase, Baoji Titanium Group now holds 228,727,298 shares, representing 47.87% of Baoji Titanium's total shares. The company cautioned that the increase plan is subject to potential market risks.