Xinyu Iron & Steel to vote on related transactions

Xinyu Iron & Steel announced its 2025 first extraordinary general meeting of shareholders, where key resolutions will be considered. A primary focus involves the approval of the company's anticipated daily related-party transactions for 2025, as well as a review of the 2024 execution of these transactions. The 2025 forecasts include 1.31 billion RMB in raw material and power purchases from related parties, 169.6 million RMB in service acquisitions, 695.1 million RMB in product sales, and 3 million RMB in service provisions. Another resolution is the proposed adjustment of the supervisory board personnel, with Wu Xiaojin nominated as a candidate. The meeting will be held on March 14th, 2025, combining on-site and online voting methods.