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Maanshan Steel Approves Stock Repurchase and Product Sales Agreement

July 31, 2025 at 05:07 AM UTCBy FilingReader AI

Maanshan Iron & Steel's Extraordinary General Meeting approved the repurchase and cancellation of 21,423,400 restricted shares for CNY49,135,168 due to unmet performance targets and personnel changes. Shareholders also approved a 2025-2027 product sales supplementary agreement with China Baowu Steel Group. The capital reduction due to the share repurchase will be CNY21,423,400.

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

SSE:600808Shanghai Stock Exchange
Steel

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