Jinchiang Shazhou completes tender offer for Fushun Special Steel

Fushun Special Steel announced the completion of the tender offer by Ningbo Meishan Bonded Port Area Jinchiang Shazhou Equity Investment Co., Ltd. (Jinchiang Shazhou) to acquire a portion of the company's shares. The offer, which ran from August 12, 2025, to September 10, 2025, aimed to acquire 98,605,000 shares at a price of 5.60 yuan per share, representing 5% of the company's total share capital.

During the tender offer period, 366 shareholder accounts submitted pre-acceptances for a total of 19,893,572 shares, constituting 1.01% of Fushun Special Steel's current share capital. Following the completion of clearing and transfer procedures on September 15, 2025, Jinchiang Shazhou now holds 31,328,072 shares, or 1.59% of the company's total share capital.

Including its concerted parties, Northeast Special Steel Group Co., Ltd. (13.99%) and Jiangsu Shagang Group Co., Ltd. (15.43%), the acquiring party and its concerted parties collectively hold 31.00% of Fushun Special Steel's equity.