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Baosteel Group reduces pledged holdings in Inner Mongolia BaoTou Steel

August 12, 2025 at 09:33 AM UTCBy FilingReader AI

Inner Mongolia BaoTou Steel Union announced that controlling shareholder Baosteel Group unpledged 555 million shares on August 11, 2025.

Following the transaction, Baosteel Group's remaining pledged shares stand at 7.16 billion shares, representing 28.55% of its total holdings and 15.81% of the company's total share capital. The group currently has no plans to re-pledge these shares.

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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