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

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

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