On February 15, 2016, Ms. Angela He resigned as a member of the Board of Directors of General Steel Holdings, Inc., effective immediately. On February 28, 2016, the remaining members of the Board appointed Ms. Tong Yin, to serve as a member of the Board, effective immediately, and to assume the position of Ms. He on the Audit, Compensation and Governance and Nominating Committees of the Board. Ms. Yin has 20 years accounting, finance and management experience in the manufacturing and mining sectors.

Ms. Yin served as Corporate Controller and subsequently VP Corporate Development of RB Energy Inc. from 2011 to 2015.