CISC(SH:601005) Shang Hai Zheng Quan Bao·2025-07-17 18:49Core Viewpoint - The announcement details the completion of a share buyback plan by a wholly-owned subsidiary of the actual controller of Chongqing Iron and Steel Co., Ltd., indicating a strategic move to enhance shareholder value and confidence in the company [2][3]. Summary by Relevant Sections 1. Previously Disclosed Buyback Plan - Chongqing Iron and Steel announced on July 18, 2024, that its actual controller, China Baowu Steel Group Corporation Limited, through its wholly-owned subsidiary Huabao Investment Co., Ltd., planned to buy back shares within 12 months, with a maximum investment of 300 million RMB and a minimum of 150 million RMB, at a price not exceeding 2.00 RMB per share [2]. 2. Implementation Results of the Buyback Plan - As of July 17, 2025, Huabao Investment completed the buyback plan, acquiring 137.4597 million shares, which represents 1.55% of the total share capital, with a total expenditure of 150.5 million RMB (excluding transaction commissions and taxes), reaching the lower limit of the planned buyback amount [3]. 3. Basic Information of the Buyback Entity - The buyback entity has identified consistent action among its stakeholders, ensuring compliance with relevant laws and regulations, and confirming that the buyback did not trigger a mandatory offer or alter the company's shareholding structure [4].