MAANSHAN IRON & STEEL COMPANY LIMITED Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
(A joint stock limited company incorporated in the People's Republic of China)
(Stock Code: 00323)Maanshan Iron & Steel Company Limited (the "Company") and members of the board of directors (the "Board") warrant that there are no false representations, misleading statements contained in, or material omissions from this announcement, and severally and jointly accept full responsibility for the truthfulness, accuracy and completeness of the content of this announcement.
This announcement is made pursuant to Rule 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.
The eighteenth meeting of the eighth session of the Board (the "Meeting") of Maanshan Iron & Steel Company Limited was held at the office building of the Company on 29 January 2016. There were seven directors eligible for attending the Meeting, and six of them attended it. Mr. Qian Haifan, director, had appointed chairman Ding Yi to attend the Meeting on his behalf and exercise his voting right according to his decision. Mr. Ding Yi, chairman of the Company, presided over the Meeting. The following resolutions were considered and approved:
Revision of the "Administrative Measures of External Guarantee of the Company" was approved;
The provision of a credit guarantee of RMB80 million to MG-Valdunes S.A.S., a wholly-owned subsidiary of the Company was approved.
The voting result of the above resolutions was as follows: 7 voted in favour, 0 voted against and 0 abstained from voting.
The Board
Maanshan Iron & Steel Company Limited29 January 2016
Maanshan City, Anhui Province, the PRC
As at the date of this announcement, the directors of the Company include: Executive Directors: Ding Yi, Qian Haifan
Non-executive Directors: Su Shihuai, Ren Tianbao
Independent Non-executive Directors: Qin Tongzhou, Yang Yada, Liu Fangduan
Maanshan Iron & Steel Company Limited issued this content on 29 January 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 29 January 2016 12:19:17 UTC
Original Document: http://www.magang.com.hk/download/announcement/1418/eng/E_323_BOD_Resolutions_1800.pdf
