About SHOUCHENG Company

Shougang Holdings Limited (the “Company”) and its subsidiaries (the “Group”) are Hong Kong-listed companies under Shougang Group Limited (“Shougang Group”) and one of the first red chip stocks listed in Hong Kong. The Group is based on China's core infrastructure assets and is committed to making the Group a leading service provider for core infrastructure assets in China. Since 2017, the Group has been committed to a comprehensive strategic transformation, continuing to promote the divestiture or restructuring of old businesses through the sale of non-main assets, and actively integrating into domestic and foreign capital markets to bring in strategic investors. The Group's main strategic shareholders include Shougang Group, ORIX Co., Ltd., Xinchuang Group Co., Ltd., Beijing State-owned Capital Operation and Management Co., Ltd., Sunshine Insurance Group Co., Ltd., and HOPU Investments Co.III Ltd., which have provided strong support for the Group's development since the strategic shareholders took the shares. Shoucheng Holdings aims to become a listed company that has spanned the economic cycle, good cash flow, and stable and healthy operations, and will continue to seize development opportunities in the future. Based on rich asset operation experience and professional asset financing capabilities, the Group has created an “asset circulation+strong operation” business model to continuously release the company's operating efficiency, consolidate capital market brand building, strive to create maximum value for shareholders, and enable investors to obtain rich benefits.