Baoji Titanium's controlling shareholder increases stake, reaches 1% target
Baoji Titanium Industry Co., Ltd. announced today that its controlling shareholder, Baoji Titanium Group Co., Ltd., has made substantial progress in its shareholding increase plan. As of September 4, 2025, Baoji Titanium Group has cumulatively increased its stake in the company by 4,795,753 A shares through the Shanghai Stock Exchange's centralized bidding system. This represents 1.004% of the company's total share capital, with an investment amount of 146,351,322.55 yuan (excluding transaction fees).
The increase aligns with the plan disclosed on April 11, 2025, which aimed for an investment of no less than 150m yuan and no more than 300m yuan, targeting an increase of 1% to 2% of the total share capital. The plan is still ongoing, based on confidence in the company's long-term value and stable development. Baoji Titanium Group will continue to increase its shareholding as opportunities arise within the six-month period ending October 10, 2025.
Baoji Titanium Group now holds 233,023,051 shares, representing 48.77% of the company's total share capital, up from 47.77% before the plan. The company cautions that market changes or unforeseen risks could impact the full execution of the plan.
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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