Anyang Iron and Steel: Plans to sell 78.1372% equity of Yongtong Company and 100% equity of Yuhe Company.

Announcement from Anyang Iron and Steel: The company plans to sell its holdings of 78.1372% equity in Yongtong Company and 100% equity in Yuhe Company to its controlling shareholder, Angang Group, in cash. Yongtong Company is valued at 540 million yuan, while Yuhe Company is valued at 415 million yuan, with a total transfer price of 837 million yuan. After the transaction is completed, the company will no longer hold any equity in Yongtong Company and Yuhe Company. This transaction constitutes a related party transaction and does not constitute a major asset restructuring, and still requires approval from the shareholder meeting. The transaction is aimed at optimizing the company's asset structure and supplementing operating funds, and will not affect the normal operation of the company's business.