Anyang Iron and Steel plans to provide joint liability guarantee for 1 billion financing for its subsidiary.

On September 23, 2025, the 12th temporary board meeting of Anyang Iron and Steel passed a resolution proposing to provide joint and several guarantees for a financing of up to 100 million yuan for its holding subsidiary Henan Angang Zhoukou Iron and Steel Co., Ltd., with a financing period not exceeding 3 years. This resolution still needs to be deliberated by the shareholders' meeting. As of the announcement date, the company has provided guarantees totaling 3,424.62 million yuan to Zhoukou Company, excluding this one. Zhoukou Company has good credit, and recent financial indicators show some changes in its assets and revenue over the past year. Currently, the total guarantees provided by the company and its holding subsidiaries amount to 5,014.63 million yuan, accounting for 189.42% of the latest audited net assets, with no overdue guarantees. However, the total guarantees provided by the company and its holding subsidiaries exceed 50% of the latest audited net assets, prompting caution to be paid to the risk.