*ST Bayi Steel announced that on September 15, 2026, the company received an acceptance notice from the Shanghai Stock Exchange. The exchange reviewed the prospectus and related application documents submitted by the company for a securities issuance by a main-board listed company, determined that the documents were complete and met the statutory requirements, and decided to accept the application and conduct its review in accordance with the law. The issuance remains subject to approval by the Shanghai Stock Exchange and registration consent from the China Securities Regulatory Commission before it can be implemented, and there is uncertainty as to whether and when final approval will be obtained.
Xinjiang Ba Yi Iron & Steel Co LtdShanghai Stock Exchange accepted the company's A-share private placement application, advancing its planned securities issuance.
