Hesteel Group: Injects 4.7 billion yuan into its controlling subsidiary.

Hebei Iron and Steel Group announced that, in order to supplement the capital of Jingang Steel, optimize the financial structure of Jingang Steel, the company unilaterally increased the capital of Jingang Steel by 4.7 billion yuan in cash. After this capital increase is completed, the registered capital of Jingang Steel will increase to 21.272 billion yuan, of which Hebei Iron and Steel Group holds 80.21% and the Transformation Fund holds 19.79%. This capital increase constitutes a related party transaction and requires approval of the company's shareholders' meeting. Related parties must abstain from voting.