Maanshan Iron & Steel Company Limited announced that Mr. Ding Yi, Mr. Qian Haifan, Mr. Ren Tianbao, Mr. Zhang Wenyang, Ms. Zhang Chunxia, Ms. Zhu Shaofang, and Mr. Wang Xianzhu were appointed as Directors for the ninth session of the Board. All candidates for Directors were appointed for a term of three years, among which Ms. Zhang Chunxia, Ms. Zhu Shaofang, and Mr. Wang Xianzhu were appointed as independent non-executive Directors. Mr. Zhang Qianchun, Ms. Yang Yada and Mr. Qin Tongzhou were appointed as Supervisors of non-staff representatives for the ninth session of the Supervisory Committee of the Company. All candidates for Supervisors were appointed for a term of three years, among which Ms. Yang Yada and Mr. Qin Tongzhou were appointed as independent Supervisors. In addition, Mr. Zhang Xiaofeng and Mr. Yan Kailong were appointed by staff-representative union as staff-represented Supervisors. From August 2013, Mr. Ding served as chairman of the Company. In addition, Mr. Ding also serves as chairman of Magang Group Finance Co. Ltd., and Masteel (Hong Kong) Co. Ltd. and director of Magang Group Investment Limited. Mr. Qian is the chairman of Mascometal Co. Ltd., MG Trading and Development GmbH, Masteel America INC., Maanshan Iron and Steel (Australia) Proprietary Limited, Ma Steel (Hefei) Iron & Steel Co., Limited and Ma Steel (Hefei) Sheet Co., Limited and director of Magang Group Investment Limited and Masteel (Hong Kong) Co. Ltd. Mr. Ren Tianbao was appointed by Magang (Group) Holding Company Limited as its deputy general manager and resigned as the deputy general manager and the Company's secretary to the Board in May 2015. Besides, Mr. Ren was also appointed as chairman of Anhui Ma Steel Engineering & Technology Group. Mr. Zhang was appointed as deputy general manager of the Company in February 2017. He is also supervisor of Maanshan Masteel Scrap Steel Co. Ltd. Ms. Zhang Chunxia has been a doctoral advisor at the National Key Advanced Steel Process and Materials Laboratory at the Central Iron and Steel Research Institute since January 2006. Ms. Zhu Shaofang is the executive director of the Jiangsu Institute of Certified Public Accountants and one of the first fellow members of the Chinese Institute of Certified Public Accountants. From February 1999 to October 2016, she served as manager of the audit department, partner and managing partner of the Nanjing Branch of Deloitte Touche Tohmatsu Certified Public Accountants LLP. Mr. Wang Xianzhu has been a member of the Standing Committee of the Maanshan City Huashan District Party Committee and the deputy head of the district government (temporary) since November 2016. Mr. Zhang Xiaofeng is presently the chairman of the Supervisory Committee of the Company. Mr. Zhang was appointed chairman of the Labor Union of Magang Group and the Company in August 2008. Mr. Zhang was appointed chairman of the Supervisory Committee of the Company on 31 August 2008. Mr. Yan Kailong has been a staff Supervisor of the Company since December 2015. Mr. Zhang Qianchun served as the deputy chief accountant of Magang (Group) Holding Company Limited in September 2014. Ms. Yang Yada was appointed as independent Director of the Company on 31 August 2011. The term of office of the above Supervisors will commence on 30 November 2017 for a period of three years and they will enter into service contract with the Company for such term.