Hangzhou Iron & Steel independent director resigns

Hangzhou Iron & Steel Co., Ltd. (SSE:600126) announced the resignation of independent director Wang Hongwen, effective upon the election of a successor at the shareholders' meeting. Ms. Wang's resignation, tendered to the board, is a result of serving the maximum six-year term as stipulated by relevant laws, regulations, and the company's articles of association. She has served as an independent director since March 12, 2019. Prior to the appointment of a new independent director, Ms. Wang will continue to fulfill her duties and responsibilities. The company will proceed with the election of a new independent director as soon as possible in accordance with legal procedures. The board expressed its gratitude to Ms. Wang for her contributions during her tenure.