Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On November 13, 2019, the board of directors (the "Board") of General Steel Holdings, Inc. (the "Company"), received a resignation letter from Mr. Zhiguang Liu to resign from his position as the Chief Financial Officer of the Company, effective immediately. Mr. Liu indicated his resignation is not because of any disagreement with the Company, its management or its other directors. Mr. Liu will remain as a director of the Board.

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