Shandong Iron and Steel: Establish Sales Subsidiary Completes Industrial and Commercial Registration.

Shandong Iron and Steel Announcement: In order to better leverage the advantages of enterprise-land coordination, optimize regional operations and market layout, the company intends to invest in establishing a sales subsidiary in Gangcheng District, Jinan City, Shandong Province. This matter was deliberated and approved at the 12th meeting of the 8th Board of Directors held on May 15, 2025. On May 20, 2025, the company completed the industrial and commercial registration of the sales subsidiary and obtained the "Business License" issued by the Administrative Approval Service Bureau of Gangcheng District, Jinan City. The company is named Jinan Shangang Steel Sales Co., Ltd., with a registered capital of 20 million yuan, and the legal representative is Sun Zhengxiao.