Xinsteel announced that the company's board of directors has agreed to appoint Mr. Hu Jing as the deputy general manager, with a term starting from the date of approval by this board meeting until the expiration of the company's tenth board of directors. At the same time, Mr. Xiao Yong has been appointed as the secretary of the board of directors, with a term starting from the date of approval by this board meeting until the expiration of the tenth board of directors