xinsteel(SH:600782) Sou Hu Cai Jing·2025-08-03 06:35Core Points - The controlling shareholder, Xinyu Steel Group, plans to increase its stake in the company by investing between RMB 150 million and RMB 300 million within a 12-month period starting from August 23, 2024 [1][4] - As of July 31, 2025, Xinyu Steel Group has completed the share buyback, acquiring a total of 40,319,500 A-shares, representing approximately 1.27% of the company's total equity, for a total investment of RMB 152,936,530 [5] - Following the completion of the buyback, Xinyu Steel Group's total shareholding in the company increased to 1,469,118,997 A-shares, accounting for 46.16% of the total equity [5] Summary of Buyback Plan - The purpose of the buyback is to demonstrate confidence in the company's future development and long-term investment value, as well as to enhance investor confidence [2] - The buyback involves A-shares of the company [3] - The buyback will be executed through centralized bidding or block trading [4] - The funding for the buyback will come from the controlling shareholder's own and self-raised funds [4] Implementation Results - The buyback plan was successfully completed by July 31, 2025, with the total shares acquired and the corresponding investment amount detailed [5] - The company's total equity was adjusted from 3,145,652,149 to 3,182,542,149 shares due to the issuance of restricted stock options [5] Legal Compliance - The buyback actions comply with relevant laws and regulations, including the Securities Law and the Acquisition Management Measures [6][7] - The buyback will not result in a change of control for the company [7] - The company has fulfilled its disclosure obligations as required by the Shanghai Stock Exchange and other regulatory bodies [7]