Ansteel Group's cornerstone mining company increased its capital to approximately 4.04 billion, an increase of about 102%.

Tianyancha's business information shows that recently, Angang Fundament Mining Co., Ltd. underwent a business change, with its registered capital increasing from 2 billion RMB to about 4.04 billion RMB, an increase of approximately 102%. At the same time, there were changes in some key personnel. Angang Group Mining Co., Ltd. was established in September 2022 with Guo Zhidong as the legal representative. Its business scope includes the extraction of non-coal mineral resources, sales of non-metallic minerals and products, and research and development of high-efficiency energy-saving technologies in the mining industry. Shareholder information shows that the company is wholly owned by Angang Resources Co., Ltd.