FilingReader Intelligence

Fangda Steel stake swings amid share buyback, management warning

June 16, 2025 at 12:03 PM UTCBy FilingReader AI

Fangda Special Steel Technology [SSE:600507] announced that the shareholdings of its controlling shareholder, Fangda Steel Group, and its concert party, Jiangxi Automobile Spring, experienced changes due to the company's buyback and cancellation of restricted A-shares. The buyback reduced Fangda Special Steel's total share capital, triggering a passive increase in the stake of Fangda Steel Group and Jiangxi Automobile Spring.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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