The board of directors of Angang Steel Company Limited announced that Mr. Li Zhongwu has tendered his resignation letter to the Board to resign as an executive director of the Company due to job arrangement; and Mr. Zhang Jingfan has tendered his resignation letter to the Board to resign as an executive director of the Company due to job arrangement. Zhang has resigned as a joint company secretary with effect from 10 January 2018. Ma Lianyong has been appointed as a joint company secretary with effect from 10 January 2018. Chen Chun, currently the other joint company secretary of the Company, will remain as the joint company secretary of the Company. The Board also announced that Mr. Zhang has ceased to be an authorized representative of the Company for the purpose of Rule 3.05 of the Listing Rules with effect from 10 January 2018, and Mr. Ma has been appointed as the Company's new Authorized Representative with effect from the same date. In light of the Resignations of Mr. Li Zhongwu and Mr. Zhang, the Board announced that Mr. Li Zhen ("Mr Li Zhen"), Mr. Ma and Mr. Xie Junyong have been nominated as candidates for executive directors of the seventh session of the Board. The appointments of each of Mr. Li Zhen, Mr. Ma and Mr. Xie are subject to the approval of the Shareholders of the Company at the EGM. Li Zhen currently the Deputy General Manager (presiding) of the Company. Ma Lianyong is currently the Deputy General Manager, the Chief Accountant, a Joint Secretary to the Board and a Joint Company Secretary. Xie Junyong currently serves as the deputy general manager of the company.