Hangzhou Iron and Steel: Shareholders with more than 5% of the shares reduced their holdings by 34.6287 million shares, cashing out 300 million yuan.

Hangzhou Iron and Steel announced that shareholder Chengtong Financial Holdings, who holds more than 5% of the shares, has implemented a reduction plan. Before the reduction, Chengtong Financial Holdings held 378 million shares of the company, accounting for 11.21% of the total share capital. From September 15 to September 24, 2025, it reduced a total of 34.6287 million shares through block trades, accounting for 1.03% of the total share capital, with a reduction price range of 8.54 - 8.69 yuan/share, and a total reduction amount of 300 million yuan. As of the disclosure date of the announcement, Chengtong Financial Holdings holds 344 million shares of the company, accounting for 10.18% of the total share capital. The original plan was to reduce no more than 2%, and this reduction has been completed.