HESTEEL(SZ:000709) Shang Hai Zheng Quan Bao·2025-04-07 19:11Core Viewpoint - The announcement details the progress of the shareholding increase plan by the controlling shareholder, Handan Steel Group Co., Ltd., and its concerted action party, Tangshan Steel Group Co., Ltd., aimed at enhancing investor confidence and recognizing the long-term investment value of Hebei Iron and Steel Co., Ltd. Summary by Sections 1. Basic Situation of the Increase Plan - The controlling shareholder and its concerted action party plan to increase their holdings of Hebei Iron and Steel Co., Ltd. A-shares through centralized bidding on the Shenzhen Stock Exchange, starting from January 6, 2025, for a period of six months. The total amount for the increase is set between RMB 216 million and RMB 432 million, with each party planning to invest between RMB 108 million and RMB 216 million [2]. 2. Progress of the Increase Plan - As of April 7, 2025, the controlling shareholders have collectively increased their holdings by 67,876,729 shares, accounting for 0.66% of the total share capital, with an investment amount of RMB 151.80 million (excluding fees). Specifically, Handan Steel Group increased its holdings by 34,000,045 shares (0.33% of total share capital) for RMB 75.96 million, while Tangshan Steel Group increased its holdings by 33,876,684 shares (0.33% of total share capital) for RMB 75.84 million [3]. 3. Shareholding Situation Before and After the Change - The announcement includes details on the shareholding situation of the controlling shareholders and their concerted action party before and after the increase, although specific figures are not provided in the summary [4]. 4. Other Relevant Explanations - The increase plan does not trigger a mandatory bid and will not lead to a change in the company's control or violate listing conditions. The actions comply with relevant laws and regulations, including the Securities Law of the People's Republic of China and the Management Measures for the Acquisition of Listed Companies [5]. 5. Reference Documents - The announcement references the notice from Handan Steel Group and Tangshan Steel Group regarding the progress of the shareholding increase plan [6].