Anyang Steel shareholders approve guarantees for key subsidiaries

Anyang Steel held its third extraordinary general meeting of shareholders for 2025 on September 18, 2025, in Anyang City, Henan Province. The meeting, chaired by chairman Cheng Guanjiang, reported a total of 431 attendees, representing 1,630,325,418 shares, which accounts for 56.7578% of the company's total voting shares. All resolutions presented were passed without objection.

A significant agenda item involved the approval of guarantees for two of its controlling subsidiaries. Shareholders voted to provide guarantees for Henan Anyang Steel Zhoukou Iron and Steel Co., Ltd., with 99.0687% of A-shares voting in favor. Similarly, a guarantee for Henan Anyang Steel Southern Electromagnetic New Materials Technology Co., Ltd. was approved with 99.0714% of A-shares in favor.

The resolutions reflect continued financial support for the group's strategic investments in its subsidiaries.