Baoji Titanium Industry's controlling shareholder completes shareholding plan

Bao Titanium Group Co., Ltd., the controlling shareholder of Baoji Titanium Industry Co., Ltd. (SSE:600456), announced the completion of its shareholding increase plan. The plan, initially disclosed on April 11, 2025, aimed to increase shareholding by at least 150m yuan but not more than 300m yuan, targeting 1% to 2% of the company's total share capital. The initiative was driven by confidence in the company’s long-term investment value and stable future development.

The share increase period ran from April 11, 2025, to October 10, 2025. During this time, Bao Titanium Group acquired 7,791,653 A shares through centralized bidding on the Shanghai Stock Exchange, representing 1.6308% of Baoji Titanium Industry’s total share capital. The total amount invested was 238,599,087.21 yuan (excluding transaction fees), surpassing the lower bound of the initial target.

Following the completion, Bao Titanium Group's total shareholding in Baoji Titanium Industry increased to 236,018,951 shares, or 49.40% of the total share capital. This action aligns with relevant securities laws and regulations, including exemptions from tender offer requirements, as confirmed by Beijing Guantao (Xi'an) Law Firm.