Inner Mongolia Baotou Steel Union Co., Ltd. (SHSE:600010) announces a share repurchase program. Under the program, the company will repurchase up to CNY 200 million worth of its shares. The shares will be repurchased at no more than CNY 2.43 per share. The purpose of the program is to use the repurchased shares for the implementation of equity incentive or employee shareholding plan. The program will be funded from company's own funds. The program is valid for 12 months.

On August 26, 2024, the company announced that the use of the repurchased shares has been changed from "for equity incentives or an employee stock ownership plan" to "for cancellation to reduce registered capital".