Anyang Iron & Steel OKs related loans, guarantees

Anyang Iron & Steel (SSE:600569) announced the successful passage of resolutions at its first extraordinary shareholders' meeting of 2025, centered on financial cooperation within the Anyang Iron & Steel Group. Shareholders approved a loan and a related loan transaction with parent Anyang Iron & Steel Group Co. They also greenlit providing guarantees for subsidiaries, including Henan Anyang Southern Electromagnetic New Materials Technology Co. and Henan Anyang Zhoukou Iron and Steel Co., Ltd. The meeting, held on March 25, 2025, saw participation from shareholders representing over 56% of voting shares. Beijing Hairun Tianrui Law Firm provided legal counsel, affirming the meeting’s compliance with relevant laws and regulations.