On the evening of April 18, Inner Mongolia BaoTou Steel Union announced that it plans to repurchase its shares through a centralized bidding trade, with a total repurchase amount not less than 0.1 billion yuan (inclusive) and not exceeding 0.2 billion yuan (inclusive). The upper limit of the repurchase price is 2.73 yuan/share. The repurchased shares will be used for cancellation and reduction of registered capital. The repurchase period is within 12 months from the date the shareholders' meeting approves this repurchase plan.