Angang Steel Company Limited (00347) Receives Notification of Completion of Share Buyback Plan by Controlling Shareholder

Stock News

10/22

Angang Steel Company Limited (00347) announced that on October 21, 2025, it received a notification letter from its controlling shareholder, Anshan Iron and Steel Group, regarding the completion of its share buyback plan. As of October 21, 2025, Anshan Iron and Steel Group had cumulatively acquired 40,753,538 shares of the company through the Shenzhen Stock Exchange trading system, representing 0.43% of the company's total share capital. The total amount invested in this buyback plan was approximately RMB 100,055,840.92 (excluding commissions and transaction taxes). After this acquisition, Anshan Iron and Steel Group holds a total of 5,056,865,067 A-shares, which accounts for 53.97% of the company's total share capital.

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As of October 21, 2025, Anshan Iron and Steel Group had cumulatively acquired 40,753,538 shares of the company through the Shenzhen Stock Exchange trading system, representing 0.43% of the company's total share capital. The total amount invested in this buyback plan was approximately RMB 100,055,840.92 (excluding commissions and transaction taxes). 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