山东钢铁股份有限公司第八届董事会第十八次会议决议公告

Group 1 - The board of directors of Shandong Steel Co., Ltd. held its 18th meeting of the 8th session, where several resolutions were passed, including adjustments to the board's specialized committees and revisions to various management systems [2][5][10] - The board approved the adjustment of the Strategic Planning and ESG Committee, with Mao Zhanhong as the chairman, while other committees remained unchanged [2][3] - The meeting was conducted in accordance with relevant laws and regulations, with all nine directors present and voting unanimously in favor of the resolutions [4][9] Group 2 - The board approved a resolution for the subsidiary, Laiwu Steel Metallurgical Ecological Engineering Technology Co., Ltd., to apply for bankruptcy liquidation due to its inability to pay debts, with total assets of 9.12 million and total liabilities of 3,380.55 million as of October 31, 2025 [23][24][25] - The bankruptcy application is expected to result in a gain of 15.88 million in the consolidated net profit for the company, as the subsidiary will no longer be included in the consolidated financial statements [26] - The liquidation process is aimed at focusing on the main business and optimizing resource allocation, which is in the best interest of the company and its shareholders [26]