Anyang Steel subsidiaries secure 900m yuan in new financing and guarantees

Anyang Iron & Steel announced on December 4, 2025, that its board approved multiple financing and guarantee measures for its subsidiaries. The board sanctioned Henan Angang Zhoukou Iron and Steel to apply for a trust loan of up to 600m yuan from China Golden Valley International Trust, with Anyang Iron & Steel acting as a co-debtor and guarantor for up to 36 months.

Additionally, the board approved a guarantee for Anyang Steel Group Cold Rolling's application for a 100m yuan comprehensive bank credit line from Industrial and Commercial Bank of China, Anyang High-tech Branch, for a term of one year. Anyang Iron & Steel will provide a joint and several liability guarantee for this facility.

These financing arrangements, along with an additional 200m yuan factoring financing for Zhoukou Company from Industrial Bank Co., Ltd. Chongqing Branch, are intended to support the subsidiaries' operational development and optimize their financing structures. All guarantee matters are subject to shareholder approval at the upcoming 2025 Fifth Extraordinary General Meeting on December 19, 2025.