Fangda Steel approves subsidiary guarantee plan

Fangda Special Steel Technology Co., Ltd. (SSE:600507) announced the results of its second extraordinary general meeting of 2025, held on February 26, 2025. Shareholders approved the resolution regarding the full subsidiary providing guarantees to all Sun subsidiaries and accepting free guarantees from related parties. 1,380 shareholders and proxies were present, representing 949,756,622 shares, or 41.97% of the total voting shares. 98.6529% of the votes were in favor of the proposal. The meeting was convened and conducted in compliance with relevant laws and regulations, and the company's board of directors and supervisors were all in attendance. The event was witnessed by attorneys.