Shandong Iron And Steel Executive Plans Additional Share Purchase Exceeding 300,000 Yuan

Stock News07-07

An announcement from Shandong Iron And Steel Company Ltd (SHSE: 600022) reveals that on July 7, 2026, the company received a notification from Vice President Guo Weida regarding his intention to increase his shareholding in the company.

Mr. Guo, expressing confidence in the company's future development prospects and recognition of its intrinsic value, purchased 95,000 shares on July 7, 2026, through the Shanghai Stock Exchange's centralized bidding system using his personal funds, with a total investment of 120,700 yuan, excluding transaction fees.

Furthermore, he plans to continue his share purchases over the next six months, starting from July 7, 2026. The planned total additional investment is not less than 300,000 yuan, which includes the amount already invested on July 7. The final number of shares and proportion acquired will depend on the actual purchases made.

This share purchase plan does not have a predetermined price range. Mr. Guo intends to implement the plan gradually, based on his assessment of the company's stock value and the overall trends in the capital markets.

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