Group 1 - The core viewpoint of the article highlights that Hangzhou Steel Group Co., Ltd. (杭钢股份) held its 18th meeting of the 9th board of directors on August 21, 2025, to review various management system amendments [1] - For the fiscal year 2024, the revenue composition of Hangzhou Steel is as follows: 47.17% from scrap materials, 31.96% from black metal smelting and rolling processing, 19.75% from raw materials and metal trading, 0.96% from other industries, and 0.16% from other businesses [1]