Chongqing Iron and Steel Company Limited (01053.HK): Seven Directors and Senior Executives Plan to Increase Shareholdings with Aggregate Investment of No Less Than RMB 1.5 Million

NewTimeSpace News: On June 29, 2026, Chongqing Iron and Steel Company Limited (01053.HK) issued an announcement stating that seven personnel including Mr. Wang Huxiang (Chairman of the Company), Mr. Lin Changchun (Director), Mr. Kuang Yunlong (Director and Company Secretary), Mr. Chen Yingming (Employee Director), as well as Senior Vice Presidents Mr. Zhao Shiqing, Mr. Li Haifeng and Mr. Xie Chao plan to purchase additional A-shares of the Company through centralized bidding on the Shanghai Stock Exchange within six months commencing June 30, 2026.

According to the announcement, the total planned investment for the share increase is between RMB 1.5 million (lower limit) and RMB 2.4 million (upper limit). No price range has been set, and the share purchase will be executed opportunistically subject to market conditions.

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