Huaxi Steel: Sinotrust Life Insurance acquires a stake in our company through the secondary market.

Huaxin Steel announced that the company has purchased 345,431,662 shares of the company through a centralized bidding method in the secondary market, accounting for 5.00% of the total share capital. Xintai Life Insurance stated in its equity change report that based on its positive outlook on the development prospects of Huaxin Steel and its recognition of its value, it supports Huaxin Steel to become stronger and better, and to share in the long-term dividends of Huaxin Steel's future development. Since January 2025, Xintai Life Insurance has cumulatively increased its holdings of the company's shares by 343 million shares through a centralized bidding method in the secondary market, and now holds a total of 345 million shares of the company, accounting for 5.00% of the total share capital.