On September 9th, Sinosteel Luonai held a cadre meeting and announced the decision of the Zhonggang Group Party Committee on the adjustment of the leadership team of Sinosteel Luonai. Li Rongting, Deputy Secretary of the Party Committee and Deputy General Manager of China Steel Group, Zhao Chunyang, Deputy General Manager of China Steel Group, Hou Yannan, Minister of the Organization Department (Human Resources Department) of the Party Committee of China Steel Group, and the leadership team, Secretary of the Board of Directors, and middle-level executives of China Steel Luonai Co., Ltd. attended the meeting. The meeting was chaired by Zhao Chunyang.

Comrade Hou Yannan read out the decision of the Party Committee of China Steel Group on the adjustment of the main responsible persons of China Steel Luonai. It is decided to appoint Comrade Xiong Jian as the Party Secretary of Sinosteel Luonai Materials Technology Corporation., recommend him as a candidate for the position of Director, and appoint him as a candidate for the position of Chairman.

Comrade Xiong Jian, Secretary of the Party Committee of Sinosteel Luonai, stated in his speech that we must conscientiously study and implement Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, deeply understand the spirit of the 20th National Congress of the Communist Party of China and the Third Plenary Session of the 20th Central Committee, enhance our political stance, and strengthen our sense of mission. In the face of the difficulties in the transformation and development of China Steel Luoyang and its current operations, we will adhere to a problem oriented approach, seek truth from facts, and be pragmatic. We will unite and lead the team and the vast number of cadres and employees to overcome difficulties, take the lead in learning and implementing the work requirements of China Baowu's "Four Modernizations", "Four Haves", and "Accounting Management", and implement the work deployment of the China Steel Group Party Committee. Secondly, we must take the initiative to learn and integrate, inherit excellent traditions, promote the spirit of scientists, and lead cadres and workers to strengthen their confidence and explore innovation. At present, Sinosteel Luonai is facing a severe internal and external situation, which is in a period of long-term decline in the external market, deep implementation of internal reforms, and substantial promotion of factory institute integration. Cadres and employees should unify their thinking, gather consensus, unite and overcome current difficulties, and embark on a new journey of high-quality development together with the enterprise. We must take responsibility, strengthen unity, lead the team to take the lead in tackling difficulties, and promote the sustainable development of the enterprise. We will take the lead and set an example, unite and lead the team with the vast number of cadres and workers to do a good job in Sinosteel Luonai's own affairs, and not disappoint the trust of the organization, the needs of the enterprise, and the expectations of the employees. Fourth, we must take the lead in strengthening the study of party discipline and rules, adhere to clean and honest practices in our work, conduct ourselves with integrity, perform our duties with honesty and impartiality. Take the lead in living a tight life and accept the supervision of cadres and workers at any time.

Bo Jun, Deputy Secretary of the Party Committee and General Manager of Sinosteel Luonai, made a statement: We firmly support the decision of the Party Committee of Zhonggang Group, thank Zhonggang Group for its long-term care, support, and assistance to Sinosteel Luonai, and believe that under the leadership of Zhonggang Group and Comrade Xiong Jian, Sinosteel Luonai will unite and overcome difficulties, and will definitely create new glory for Sinosteel Luonai and achieve high-quality development.

Li Rongting, Deputy Secretary of the Party Committee and Deputy General Manager of China Steel Group, on behalf of the Party Committee of China Steel Group, has put forward specific work requirements for the current operation and development of China Steel Luonai: firstly, to continuously strengthen political guidance and inherit the red gene.   We need to strengthen the prevention and control of integrity risks, enhance the awareness of discipline and rules among cadres and employees, implement the main responsibility of building a clean and honest party, inherit the red gene, promote the spirit of our predecessors, strengthen our confidence in development, effectively transform our scientific research advantages into productivity and benefits, and provide strong spiritual impetus for the reform and development of enterprises. Secondly, we need to continuously enhance the overall synergy of the team and unite as one. Faced with the new strategy and positioning of China Steel Group, as well as the complex situation and situation of the development of China Steel Luonai, the leadership team of China Steel Luonai should unite as one, stick to the bottom line principle, and be brave enough to take on responsibilities; We must deeply understand that integration and fusion are not only changes and integrations in organizational structure, but also deep integration of ideas and concepts. We must unify the thoughts of all cadres and employees with the decision-making and deployment of the Party Committee of China Steel Group and the overall survival and development of China Steel Luonai. We must work together, transform traditional development thinking, firmly establish a "customer-centric" business awareness, practice the "four modernizations" and "four haves", accelerate the transformation of scientific and technological achievements, deepen accounting operations, continuously reduce costs and increase efficiency, strengthen accounts receivable collection, grasp the "money bag", live a "tight life", and effectively promote the effectiveness of various work. We must focus on our main responsibilities and businesses, transform our business models, and make practical and detailed plans for development. We need to identify strategic positioning, product positioning, production line positioning, and market positioning, and take concrete measures to anchor our goals. To focus on serving the steel industry, reducing costs, improving quality, and increasing efficiency; We must dare to break traditional thinking patterns, use new ideas and methods to solve new problems, optimize marketing models, and achieve the transformation of business models from manufacturing to service, and from on-site to market-oriented, in order to continuously create value for customers. To continuously improve personnel efficiency by improving the level of informatization, automation, and intelligence, and using modern management methods and means to guide cost control and other management work. All cadres and employees should think and work together, relying on the natural advantages of the Baowu industrial ecosystem, making good use of the company's brand, talent, and technological advantages, and with the full support of China Steel Group, moving towards the goal of integrated and benign operation, striving to create a new chapter of high-quality development for the enterprise.

We hope that all cadres and employees of Sinosteel Luonai will continue to work hard, work together to overcome difficulties, move forward courageously, shoulder the mission with a spirit of striving and advancing, continuously increase the promotion of various work, and fully serve, guarantee, and support the reform and development of the enterprise to make new progress and reach new heights, making greater contributions to the high-quality development of Zhonggang Group.