Anyang Steel approves debt financing and related party loans

Anyang Steel shareholders approved the company's proposal to issue debt financing instruments in the interbank bond market, with 99.9% of votes in favor.

They also endorsed a proposal for the company and its subsidiaries to apply for a credit line from controlling shareholder Anyang Iron and Steel Group, which received 96.3% support. The controlling shareholder abstained from voting on the related-party transaction.