Sansteel MinGuang names new general manager and deputies, returns to profit

Sansteel MinGuang Co. Ltd. reported a net profit attributable to shareholders of 137,718,172.95 yuan for the first half of 2025, a significant increase from a net loss in the prior year. The company's total operating revenue for the period was 22,060,480,307.31 yuan.

The company's Eighth Board of Directors approved the 2025 semi-annual report at its 28th meeting on August 28, 2025. Concurrently, leadership changes were enacted: Pan Jianzhou was appointed general manager, and Ke Jianxiang, Luo Zhaoming, and Ye Pan were appointed deputy general managers. These appointments are effective until the expiration of the Eighth Board of Directors' term.

The company also saw the resignation of former chairman He Tianren and former general manager Liu Meixuan due to work adjustments. Liu Meixuan was elected as the new chairman.