Shougang Group to sell 19.18% equity of Jingtang Company

Beijing Shougang Co.Asian Metal Copyright1823% equity in Shougang Jingtang Company to Beijing Jingtou Investment Holding Co.Asian Metal Copyright, Ltd.Asian Metal Copyright and Beijing Jingguorui State-owned Enterprise Reform and Development Fund limited partnership through non-public agreement.Asian Metal Copyright announced on the evening of December 6 that it recently received a notice from its controlling shareholder Shougang Group that Shougang Group planned to sell its 19.Asian Metal Copyright1823% equity in Shougang Jingtang Company to Beijing Jingtou Investment Holding Co.Asian Metal Copyright1823% equity in Shougang Jingtang Company to Beijing Jingtou Investment Holding Co.Asian Metal CopyrightBeijing Shougang Co.Asian Metal Copyright, Ltd.Asian Metal Copyright Shougang Jingtang Company is a company jointly invested by Beijing Shougang holds 51% equity and Shougang Group holds 49% equity.Asian Metal Copyright and Beijing Jingguorui State-owned Enterprise Reform and Development Fund (limited partnership) through non-public agreement.

Shougang Jingtang Company is a company jointly invested by Beijing Shougang (holds 51% equity) and Shougang Group (holds 49% equity). Beijing Shougang intended to waive the preemptive right enjoyed in this equity transfer.

.Asian Metal Copyright, LtdAsian Metal Copyright