Ling Steel Co., Ltd. announced that on October 15, 2026, the board of directors of the company received a written resignation report from Yu Yu, a non-independent director, deputy general manager, and chief accountant. Yu applied to resign from the above position due to job changes. After his resignation, he no longer held any position in the company. The resignation report took effect from the date it was delivered to the board of directors. This resignation did not cause the number of members of the company's board of directors to fall below the quorum, and will not affect the normal operation of the board of directors. The company will complete the by-election of non-independent directors as soon as possible. As of the disclosure date of the announcement, Yu Yu holds 460,000 restricted shares that have been granted by the company but the sales restrictions have not yet been lifted. The repurchase and cancellation procedures will be carried out in the future in accordance with relevant regulations.

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