Xining Special Steel addresses related party capital occupation; streamlines operations

Xining Special Steel (SSE:600117) has released a series of announcements, providing a comprehensive overview of its financial standing, strategic investments, and operational efficiency enhancements. Importantly, an independent audit by Zhengdan Zhiyuan (Shenzhen) confirms there were no instances of capital occupation by the controlling shareholders or other related parties for the year. The filings cover related party transactions, risk analysis, a summary of an upcoming shareholder meeting, and updates to company’s management.