Lingyuan Iron & Steel announces share repurchase, capital reduction

Lingyuan Iron & Steel Co., Ltd. announced a reduction in its registered capital following the repurchase and cancellation of 2.61 million restricted shares from its 2024 incentive plan. This decision, approved by the board and shareholders in August 2025, follows the departure or change in status of eight initial incentive participants.

The total share capital will decrease from 2,852,165,135 shares to 2,849,567,315 shares. Consequently, the registered capital will be reduced from CNY 2,852,165,135 to CNY 2,849,567,135. This adjustment also accounts for 12,180 shares converted from the company's "Linggang Convertible Bonds" during their conversion period.

Creditors are advised to submit claims within 30 days of notification or 45 days from the announcement date (August 30, 2025). Claims can be filed in person, by mail, or fax at the designated address in Chaoyang City, Liaoning Province, from August 29, 2025, during business hours.