ANGANG STEEL (00347) announced that Mr. Zhang Hongjun submitted his resignation letter to the company on August 25, 2025, requesting to resign from his positions as executive director, general manager, and member of the board's strategic committee due to job changes. The resignation takes effect from the date the resignation letter is delivered to the board of directors. Following his resignation, Mr. Zhang will not hold any position in the company or its controlled subsidiaries. As of the announcement date, Mr. Zhang holds 132,000 A shares of the company and has committed not to transfer his shareholdings in the company within six months after his departure.

Mr. Deng Qiang also submitted his resignation letter to the company on August 25, 2025, requesting to resign from his position as deputy general manager due to job changes. The resignation takes effect from the date the resignation letter is delivered to the board of directors. Following his resignation, Mr. Deng will not hold any position in the company or its controlled subsidiaries. As of the announcement date, Mr. Deng does not hold any shares in the company.