Liuzhou Iron & Steel adjusts board committee membership, approves hedging, elects new director

Liuzhou Iron & Steel Company Limited announced resolutions from its ninth board of directors' fourteenth meeting, held on September 16, 2025. The board unanimously approved adjustments to the composition of its specialized committees. The revised committees include: audit committee, led by Chi Zhaomei; strategy committee, chaired by Lu Chunning; remuneration committee, headed by Luo Qi; and nomination committee, led by Hu Zhenhua. These appointments are consistent with the current term of the board.

Concurrently, the company held its third interim shareholder meeting on September 16, 2025, where 898 shareholders representing 1,939,749,517 shares (75.6888% of total voting shares) participated. Key resolutions passed include the approval for the company and its controlled subsidiaries to engage in hedging activities, with 99.9474% of A-shares voting in favor.

Additionally, the shareholder meeting approved the election of Wang Jianhua as an independent director for the ninth board of directors, securing 1,934,003,704 votes, representing 99.7037% of the effective votes cast. This election further strengthens the board's independent oversight.