SGIS Songshan: Share freeze lifted for controlling shareholder

Guangdong SGIS Songshan Iron and Steel Co., Ltd. (SZSE:000717) announced that a portion of shares held by its controlling shareholder, Baowu Group Songshan Iron and Steel Co., Ltd., has been released from judicial freeze. Specifically, 136,075,950 shares, representing 10.60% of Baowu Group Songshan Iron and Steel's holdings and 5.61% of SGIS Songshan's total share capital, were unfrozen. The judicial execution was carried out by the People's Court of Tianhe District, Guangzhou City, between December 17, 2024, and March 11, 2025. Following this release, Baowu Group Songshan Iron and Steel continues to hold 1,283,512,890 shares, or 52.95% of the company, with no remaining frozen shares. Supporting documents, including shareholder equity change details, are available for review.