Anyang Iron and Steel: Holding subsidiary intends to carry out financing lease business not exceeding 100 million yuan.

Ansteel Steel announced that on November 14, 2025, the 15th interim board meeting of 2025 approved a proposal for its subsidiary, Ansteel Electromagnetic New Materials Company, to conduct financing leasing business with Jiuding Jinzhu through equipment direct leasing. The leased items are some equipment from the Ansteel Electromagnetic New Materials Phase II Project, with a planned financing amount not exceeding 100 million yuan and a financing period not exceeding 3 years. Jiuding Jinzhu has no related relationship with the company or its controlling shareholders, and the transaction does not constitute a related party transaction and does not require approval by the shareholders' meeting. This business will not have a significant impact on the company's profits.