Liuzhou Iron & Steel approves related transactions, hedging

Liuzhou Iron & Steel announced the resolutions from its second extraordinary general meeting of shareholders on March 18, 2025. All eight board directors attended. Shareholders approved resolutions concerning the company's 2024 and 2025 routine related-party transactions, with 99.4839% of votes in favor. A resolution regarding the company and its subsidiaries undertaking hedging operations also passed, with 99.9714% approval. The total number of shares with voting rights represented at the meeting was 2,158,557,045, accounting for 84.2267% of the total shares with voting rights. Beijing Yingke (Shanghai) Law Firm provided legal attestation, confirming the legitimacy and validity of the meeting's procedures and resolutions.