Shougang revises shareholder meeting proposal for independent director election

Beijing Shougang Company Limited (SZSE:000959) has issued an announcement regarding an adjustment to a sub-proposal for its 2025 Third Extraordinary General Meeting of Shareholders. The meeting, scheduled for December 23, 2025, will proceed as planned, but with a revised independent director election.

The change follows the withdrawal of Mr. Liu Shen from the independent director election. Consequently, the sub-proposal "2.02 Election of Liu Shen as Independent Director" under "2.00 Election of Independent Directors for Board Re-election" has been canceled. The number of independent directors to be elected has been reduced from four to three.

All other aspects of the shareholder meeting, as outlined in the original notice disclosed on December 6, 2025, remain unchanged. The company held its 8th Board of Directors 23rd Meeting on December 5, 2025, where the notice for the shareholder meeting was approved.