Baoji Titanium's major shareholder nears control threshold with increased stake

Baoji Titanium Industry Co., Ltd. announced that its controlling shareholder, Baoji Titanium Group Co., Ltd., increased its stake in the company. Between September 5 and September 19, 2025, Baoji Titanium Group acquired an additional 1,950,400 shares through centralized bidding on the Shanghai Stock Exchange, representing 0.41% of the company's total share capital.

This acquisition boosted Baoji Titanium Group's total shareholding from 48.77% to 49.18%, triggering the 1% equity change threshold. The additional shares were funded through a combination of own funds and bank loans. The company confirmed that this transaction does not trigger a mandatory tender offer and will not change the controlling shareholder or actual controller.

Baoji Titanium Group is still in the process of implementing its shareholding increase plan. The company committed to overseeing strict adherence to relevant regulations and timely information disclosure regarding any further changes.