Shandong Iron And Steel appoints new chairman, approves strategic projects

Shandong Iron And Steel Company Limited held its second extraordinary general meeting of shareholders for 2025 on September 12, 2025, approving the election of Mr. Mao Zhanhong as a director. The meeting passed the resolution with 99.7564% of votes in favor.

Immediately following the shareholders' meeting, the board of directors convened its sixteenth meeting on September 12, 2025, where Mr. Mao Zhanhong was elected as the new chairman. The board also approved adjustments to the specialized committees. Mr. Mao Zhanhong, Mr. Wang Xiangdong, Mr. Wang Jin kuan, Mr. Xu Ke, and Mr. Li Hongjian now form the strategy and ESG committee, with Mr. Mao Zhanhong as its chairman. The nominations committee includes Mr. Wang Jin kuan, Mr. Mao Zhanhong, Mr. Wang Aiguo, Mr. Meng Qingchun, and Ms. Gao Fengjuan, with Mr. Wang Jin kuan as chairman.

Further decisions included the approval of the bar mill central zone rolling line upgrade project, the formulation of the "Dividend Distribution Management Measures," and revisions to the "Fund Raising Management Measures." All these resolutions received unanimous approval from the 8 attending directors.