It was announced on December 30 that the board of directors deliberated and adopted the proposal on dismissing Xiao Mingfu as deputy general manager of the company.
On September 18, 2021, the company issued Angang Steel Company Limited(000898) announcement on the disciplinary review and supervision investigation of the company’s senior executives, announcing that Xiao Mingfu, deputy general manager of the company, is suspected of serious violation of discipline and law. At present, he is subject to the disciplinary review of the Discipline Inspection Committee of the Communist Party of China Anshan Iron and Steel Group Co., Ltd. and the supervision and investigation of Guang’an Supervision Committee of Sichuan Province. In view of the fact that the relevant review and investigation are still in progress and Xiao Mingfu is unable to perform his duties as deputy general manager, the board of directors decided to dismiss Xiao Mingfu as deputy general manager of the company.
The resolution shall take effect from the date of approval by the board of directors. As of the date of this announcement, Xiao Mingfu holds 450000 A-share restricted shares of the company. Within six months after he leaves office, his A-share restricted shares are locked, and he cannot actively transfer his shares of the company.
Xiao Mingfu, the deputy general manager of the company, is still subject to the discipline review of the Discipline Inspection Committee of the Communist Party of China Angang Group Co., Ltd. and the supervision and investigation of the supervision committee of Guang’an City, Sichuan Province, and is unable to perform his duties as deputy general manager. The board of directors dismissed him as deputy general manager, and the procedure is legal and effective.
(interface News)
