Anyang Iron & Steel completes subsidiary equity sale for 836.65m yuan

Anyang Iron & Steel Company Limited has announced the completion of the shareholder change registration for its controlling subsidiaries, Anyang Angang Yongtong Ductile Iron Pipe Co., Ltd. and Anyang Yuhe Yongtong Pellet Co., Ltd. The company will no longer hold equity in either company.

The transaction, approved by the company's board of directors and shareholders in November 2025, involved the sale of 78.1372% of Yongtong Company's equity and 100% of Yuhe Company's equity to its controlling shareholder, Anyang Iron & Steel Group Co., Ltd. The total equity transfer price was 836,650,400 yuan.

This strategic divestment was initially disclosed on November 8, 2025, and November 27, 2025. Investors are advised to exercise caution and make rational investment decisions.