Due to the outstanding performance of Shandong Xingding Steel Co., Ltd. in 2024, its sales performance in Asia, Europe and America has increased significantly. 

Shandong Xingding Steel Co., Ltd. 2025 shareholders' meeting resolution: In January 2025, Shandong Xingding Steel Co., Ltd. will be incorporated into the group business, and the foreign trade department of Shandong Xingding Steel Co., Ltd. will be assigned to Tianjin Jiuxin Steel Co. , Ltd. is directly managed. 

Shandong Xingding Steel Co., Ltd.'s business is currently operating normally, and the group will be able to better serve customers after the merger.