Hangzhou Iron & Steel adjusts investment in reform fund

Hangzhou Iron & Steel (SSE:600126) announced an adjustment to its investment in the Zonggao Pilot (Hangzhou) Equity Investment Fund Partnership (Limited Partnership). The company's committed capital has been reduced from 500 million yuan to 250 million yuan. This is based on a total revised fund size of 2.505 billion yuan. The adjustment reflects the fund's current exit phase and a revised partnership agreement among all investors. The announcement states that this change will not negatively affect the company's finances and will not alter its stake in the fund.