FilingReader Intelligence

Jiuquan Iron & Steel increases stake to 58.79%

August 19, 2025 at 05:02 AM UTC•By FilingReader AI

Jiuquan Iron & Steel Group invested 100.08 million yuan to acquire 82.57 million additional shares in Gansu Jiu Steel Group Hongxing Iron & Steel.

The purchase brings the parent company's total holdings to 3.68 billion shares, representing 58.79% of the subsidiary's share capital.

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

Primary Source Document

Announcement by Jiuquan Iron & Steel (Group) Co., Ltd. Hongxing concerning the completion of the controlling shareholder's share increase plan and the results of the share increaseAugust 18, 2025 at 08:00 AM UTC

Supplementary Source Documents

Legal opinion from Shanghai Jingtiancheng (Xi'an) Law Firm regarding the controlling shareholder of Gansu Jiugang Group Hongxing Iron & Steel Co., Ltd. increasing its shareholding in the companyAugust 18, 2025 at 08:00 AM UTC

Gansu Jiu Steel Group Hongxing Iron & Steel

SSE:600307•Shanghai Stock Exchange

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