Baoji Titanium Industry (600456.SH) controlling shareholder intends to increase its stake in the company by 1% to 2%.

Baoji Titanium Industry (600456.SH) announced that its controlling shareholder, Baoti Group Co., Ltd. ("Baoti Group"), plans to increase its holdings of the company's unrestricted A-shares through centralized bidding trading on the Shanghai Stock Exchange within 6 months from the date of this announcement. Baoti Group recognizes the long-term investment value of the company and has confidence in its future sustainable development. The amount of the increase in holdings shall not be less than RMB 150 million and shall not exceed RMB 300 million, with the increase in shareholding not less than 1% and not more than 2% of the company's total share capital.