Shanxi Taigang to reduce registered capital via share buyback

Shanxi Taigang Stainless Steel announced its intention to reduce its registered capital by repurchasing and cancelling 1,066.58 million restricted shares. This decision follows the company's ninth board of directors' thirty-second meeting and ninth supervisory board's fourteenth meeting, where the "Proposal on Repurchasing and Cancelling Part of Restricted Stocks" was approved.