Shandong Iron And Steel announces chairman change, new director appointed

Shandong Iron And Steel Company Limited announced on August 25, 2025, that chairman Jie Qi resigned due to a work reassignment. His resignation is effective immediately and will not affect the board's normal operations. The board acknowledged his significant contributions during his tenure.

Following this, the company's Eighth Board of Directors met on August 26, 2025, approving the election of Mao Zhanhong as a new director. Subject to shareholder approval, Mao Zhanhong is proposed to be elected as the new chairman, chairman of the Board's Strategy and ESG Committee, and member of the Board's Nomination Committee for the remainder of the current board term.

Shandong Iron And Steel will hold its second extraordinary general meeting of 2025 on September 12, 2025. Shareholders will vote on the proposal to elect Mao Zhanhong as a director, with both on-site and online voting available.