CITIC (00267): Chen Bin was elected as the employee representative director of Nanjing Iron & Steel (600282.SH)

CITIC (00267) issues announcement for its subsidiary Nanjing Iron & Steel (600282.SH). In accordance with the relevant provisions of the Company Law of the People's Republic of China (Revised in 2023) (hereinafter referred to as the "Company Law"), in order to continuously promote the improvement of corporate governance and standardized operation level, Nanjing Iron & Steel Co., Ltd. (hereinafter referred to as the "Company") convened the second extraordinary general meeting of shareholders in 2025 on September 5, 2025 to deliberate and pass the proposal on amending the "Articles of Association of Nanjing Iron & Steel Co., Ltd.". The board of directors of the company shall include one representative of the company's employees, who shall be elected through democratic elections by the company's employees through a representative assembly, general assembly or other forms, without the need for approval by the shareholders' meeting. On September 16, 2025, the company held a representative assembly of employees and elected Chen Bin as the employee representative director of the ninth board of directors of the company. Chen Bin will work together with eight directors elected by the shareholders' meeting to form the ninth board of directors of the company. The term of office shall be from the date of resolution of the employee representative assembly until the expiration of the term of the ninth board of directors of the company.