1997 was approved by China Securities Regulatory Commission in August and listed on Shanghai Stock Exchange on September 24th. The original total share capital of the company was 260,350,000 shares,1held on May 22nd, 1998 1997 shareholders' meeting. It is agreed to distribute 26,035,000 bonus shares to all shareholders at the ratio of 10: 1, with capital reserve 10:.
The company held an extraordinary shareholders' meeting on 1999 10/0.6, and deliberated and passed the rights issue plan. With the approval of China Securities Regulatory Commission 16, every 10 share was increased by 3 shares, and 5.584 million shares of state-owned legal person were increased, and the rest were abandoned. The registered capital of the company is RMB 403,674,000, which has been verified by Inner Mongolia Zhengguo Certified Public Accountants (2000) No.4 Capital Verification Report.
On August 7, 2000, Inner Mongolia Administration for Industry and Commerce renewed the Business License of Enterprise as a Legal Person. On February 27, 2006, according to the spirit of relevant national documents, the company began to implement the share-trading reform. The share-trading reform plan is that the non-tradable shareholders of the company pay 46.592 million shares to the tradable shareholders of the company. For every 65,438+00 registered tradable shareholders in date of record, 3.2 shares will be paid by non-tradable shareholders, totaling 46,592,000 shares.
This reform plan was approved by Baotou Iron & Steel (Group) Co., Ltd., the controlling shareholder of the company, on February 5, 2006, and was approved on March 23, 2006 by Baotou Steel Dong Jue Zi (2006)No. 15 Resolution on Agreeing the Share-trading Reform Plan of Inner Mongolia Baotou Steel Rare Earth High-tech Co., Ltd. On March 29th, 2006, the share-trading reform plan was approved by the shareholders' meeting. After the share-trading reform, the company's total share capital remains unchanged.