Ba Yi Iron & Steel's parent company changes name

Xinjiang Ba Yi Iron & Steel Co., Ltd. (SSE:600581) announced today that its controlling shareholder, formerly known as "Baosteel Group Xinjiang Bayi Iron & Steel Co., Ltd.," has officially changed its name to "Xinjiang Bayi Iron & Steel Group Co., Ltd." The name change has been formally registered, and the company has received an updated business license. The registered capital is CNY 2,572,399,943. This change does not affect the company's shareholding structure, operations, or its controlling shareholder or ultimate controller. The company's registered address is in Toutunhe District, Urumqi, Xinjiang.