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Changbao Steeltube cuts capital, reports profit decline

August 22, 2025 at 05:14 AM UTCBy FilingReader AI

Jiangsu Changbao Steeltube reported a slight revenue increase but declining net profit in its 2025 semi-annual results.

The company approved a capital reduction by cancelling 182,000 shares, cutting registered capital to RMB 900.8m. This included buyback and cancellation of 180,000 restricted shares from two departing incentive recipients at RMB 3.31 per share.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

Supplementary Source Documents

2025 semi-annual reportAugust 21, 2025 at 08:00 AM UTC
Announcement regarding the reduction of registered capital and amendment of the articles of associationAugust 21, 2025 at 08:00 AM UTC
Verification opinion of the board's remuneration and assessment committee on the fulfillment of conditions for the second restricted share unlocking period of the company's 2023 restricted stock incentive planAugust 21, 2025 at 08:00 AM UTC
Supervisor’s board verification opinion on the achievement of unlocking conditions for the second restricted share unlocking period of the company’s 2023 restricted share incentive planAugust 21, 2025 at 08:00 AM UTC
Legal opinion on the fulfillment of conditions for the second解除限售期 release of restricted shares under the 2023 restricted stock incentive planAugust 21, 2025 at 08:00 AM UTC
Legal opinion on the fulfillment of the second unlocking condition for the first tranche of the 2023 employee stock ownership planAugust 21, 2025 at 08:00 AM UTC
Legal opinion on the repurchase and cancellation of certain shares from the 2023 restricted stock incentive plan and the adjustment of the repurchase priceAugust 21, 2025 at 08:00 AM UTC
Announcement of the board of directors' resolution regarding the semi-annual reportAugust 21, 2025 at 08:00 AM UTC
Summary table of semi-annual non-operating funds utilized and other related party fund transactionsAugust 21, 2025 at 08:00 AM UTC
Management system for external guarantees (August 2025)August 21, 2025 at 08:00 AM UTC
External investment management system (August 2025)August 21, 2025 at 08:00 AM UTC
Articles of association (August 2025)August 21, 2025 at 08:00 AM UTC
Measures for the administration of connected transactions (August 2025)August 21, 2025 at 08:00 AM UTC
2025 semi-annual report summaryAugust 21, 2025 at 08:00 AM UTC
Announcement of the supervisory board resolution regarding the semi-annual reportAugust 21, 2025 at 08:00 AM UTC
Announcement regarding the repurchase and cancellation of a portion of restricted shares under the 2023 restricted stock incentive plan and the adjustment of the repurchase priceAugust 21, 2025 at 08:00 AM UTC
Announcement on the achievement of the conditions for the second unlocking period of the 2023 restricted stock incentive planAugust 21, 2025 at 08:00 AM UTC
Announcement on the achievement of the unlocking conditions for the second unlocking period of the first transferred portion under the 2023 employee stock ownership planAugust 21, 2025 at 08:00 AM UTC
Announcement regarding the cancellation of previously repurchased treasury sharesAugust 21, 2025 at 08:00 AM UTC
Announcement regarding the notice of the first extraordinary general meeting of shareholders in 2025August 21, 2025 at 08:00 AM UTC
Management system for raised funds (August 2025)August 21, 2025 at 08:00 AM UTC

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