Mr. Zhang Wenyang, a director and general manager of Maanshan Iron & Steel Company Limited tendered his resignation as general manager of the company to the board of directors of the company due to work rearrangement. The forty-first meeting of the ninth session of the Board of the company approved the resignation of Mr. Zhang Wenyang as general manager on 16 March 2021, with effect from the date of approval by the Board. Mr. Mao Zhanhong served as the director of the production department of Baoshan Iron & Steel Co. Ltd.