FilingReader Intelligence
Maanshan Steel raises transaction caps, repurchases restricted shares
July 14, 2025 at 12:06 PM UTC•By FilingReader AI
Maanshan Iron & Steel will increase annual transaction caps with China Baowu Steel Group to RMB65.9bn for 2025, RMB79.3bn for 2026, and RMB80.2bn for 2027.
The company will also repurchase and cancel 21.4 million restricted A-shares for RMB49.1m due to unmet performance targets and employee departures.
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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