Maanshan Iron and Steel Co., Ltd.: Zhang Wenyang resigns as a director of the company, a member of the board's Strategic and Sustainable Development Committee, and as general manager and chief financial officer.
On the evening of August 15, Maanshan Iron and Steel Corporation announced that the Board of Directors had recently received a resignation letter from Zhang Wenyang. Zhang Wenyang resigned from the positions of director, member of the Board of Directors Strategic and Sustainable Development Committee, and General Manager and Chief Financial Officer due to other job arrangements and his resignation will be effective from August 15, 2025. The resignation will not result in the number of existing board members falling below the statutory minimum, will not affect the normal operation of the Board of Directors, and will not have any adverse effects on the company's daily production and operation. The Board of Directors has agreed to appoint Chen Guorong as the Deputy General Manager and Chief Financial Officer of the Company. Chen Guorong's term of office will begin on the date of his appointment by the Board of Directors and last until the end of the tenth session of the Board of Directors.
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