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

Stock News16:00

An announcement from Shandong Iron And Steel Company Ltd (SHSE: 600022) reveals that the company's Vice President, Chief Financial Officer, and Board Secretary, Tang Bangxiu, has initiated a share purchase plan.

On June 26, 2026, the company received formal notification from Mr. Tang regarding his intention to increase his holdings in the company's shares.

Expressing confidence in the company's future prospects and recognition of its intrinsic value, Mr. Tang purchased 97,800 shares on June 26, 2026, through the Shanghai Stock Exchange's centralized bidding system using his personal funds, with a total investment of 120,300 yuan, excluding transaction fees.

Furthermore, Mr. Tang has outlined a plan to acquire additional shares within the next six months, starting from June 26, 2026.

The planned total investment for this future acquisition is set to be no less than 300,000 yuan, which includes the value of the shares already purchased on June 26, 2026.

These additional purchases will also be conducted using his personal capital via the Shanghai Stock Exchange's centralized bidding trading system.

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