Baosteel: Investigation initiated for suspected illegal disclosure of information

Notice from Baosteel Group: On November 7, 2025, the company received a "Notice of Filing" from the China Securities Regulatory Commission. Due to suspected illegal disclosure of information, in accordance with the "Securities Law of the People's Republic of China" and "Administrative Penalty Law of the People's Republic of China" and other laws and regulations, the China Securities Regulatory Commission has decided to file a case against the company. The company will strictly fulfill its disclosure obligations in accordance with regulatory requirements.