Anyang Steel to discuss asset restructuring termination and subsidiary sale

Anyang Steel Company Limited announced an investor briefing for September 2, 2025, from 16:00 to 17:00, to discuss the termination of its major asset restructuring plan. The company will now proceed with selling subsidiary equity to its controlling shareholder, a decision made at the tenth board of directors' seventh meeting on August 26, 2025.

The virtual briefing will be held on the Shanghai Stock Exchange Roadshow Center platform (http://roadshow.sseinfo.com/). Investors can submit questions in advance from August 29 to September 1, 2025, via the "Question Collection" section on the roadshow center website or by emailing aygtdb312@126.com.

Key participants from Anyang Steel will include chairman Cheng Guanjiang, chief financial officer Guo Chengxu, and board secretary Hao Meng. They will be joined by Wang Junsheng, deputy general manager of the finance and asset department of Anyang Steel Group, representing the transaction counterparty, and Lai Jienan from Minmetals Securities Co., Ltd., acting as the independent financial advisor.