Anyang Iron and Steel: Intends to raise no more than RMB 1.5 billion for the purpose of supplementing working capital.

Anyang Iron and Steel announced that the company plans to issue A shares to specific targets, raising a total of no more than 1.5 billion yuan. After deducting issuance expenses, the actual net proceeds will be used to supplement working capital. This issuance does not involve approval for investment projects or the use of construction land. The issuance will help enhance the company's financial strength, optimize its capital structure, reduce the asset-liability ratio and financial risks, increase profitability, and benefit all shareholders.