The Board of Angang Steel Company Limited announced that Mr. Lu Yongli ("Mr. Lu") has tendered his resignation as a supervisor of the Company (the "Supervisor") and the chairman of the supervisory committee of the Company (the "Supervisory Committee") due to the change of job; and Ms. Liu Xiaohui ("Ms. Liu") has tendered her resignation as a Supervisor due to the change of job. As the resignation of Mr. Lu and Ms. Liu will result in the number of members of the Supervisory Committee falling below the minimum requirement stipulated under the Company's articles of association, their resignation will take effect upon the appointment of new Supervisors at the EGM.