XD Inc. — Board/Management Information 2019

Mar 29, 2019

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

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PROPOSED APPOINTMENT OF SUPERVISOR

Chongqing Iron & Steel Company Limited (the “ Company ”) announces that, as considered and approved at the sixth meeting of the eighth session of the supervisory committee, Mr. Zhang Wenxue (張文學) was nominated as a candidate for shareholder representative supervisor of the eighth session of the supervisory committee of the Company. The supervisor candidate will be proposed at the 2018 annual general meeting (the “ AGM ”) for consideration and approval.

Biographical details of the aforesaid supervisor candidate are as follows:

Mr. Zhang Wenxue, born in May 1963, is a senior engineer. He graduated from Central South Institute of Mining and Metallurgy (中南礦冶學院) majoring in pressure processing in 1984, and obtained a master degree in industrial relations from West Virginia University of the USA. Mr. Zhang was the director of the hot pressing works and the concurrent system reformation project manager of the hot pressing production line of Baogang Branch under Baoshan Iron & Steel Co., Ltd. (寶山鋼鐵股份有限 公司), the assistant to the general director of Zhanjiang iron and steel engineering headquarters and the concurrent head of the hot pressing project team, the deputy general manager of Zhanjiang Iron and Steel Company, as well as the director of hot pressing works, the assistant to the general manager and the concurrent chief of the business promotion department of Baoshan Iron & Steel Co., Ltd. Mr. Zhang has years of practical experience in construction project management and enterprise factory management.

Save as disclosed above, the aforesaid candidate did not hold any directorship in public companies the securities of which are listed on any securities market in Hong Kong or overseas, or take up a position in any affiliated companies of the Company over the past three years; nor does the aforesaid candidate have any relationship with any other directors, senior management, substantial or controlling shareholders of the Company.

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Save as disclosed above, as at the date of this announcement, the aforesaid candidate does not have any interest in shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance.

Upon approval of his appointment at the AGM, the aforesaid candidate will enter into a service contract with the Company.

No other information relating to the appointment of the aforesaid candidate is required to be disclosed pursuant to Rules 13.51(2)(h) to (v) of the Rules Governing the Listing of Securities on the Main Board of The Stock Exchange of Hong Kong Limited. Save as disclosed herein, there are no other matters that need to be brought to the attention of the shareholders.

By order of the Board Chongqing Iron & Steel Company Limited Meng Xiangyun Secretary to the Board

Chongqing, the PRC, 29 March 2019

As at the date of this announcement, the Directors of the Company are: Mr. Zhou Zhuping (Non-executive Director), Mr. Li Yongxiang (Executive Director), Mr. Tu Deling (Executive Director), Mr. Zhang Shuogong (Executive Director), Mr. Xu Yixiang (Independent Non-executive Director), Mr. Xin Qingquan (Independent Nonexecutive Director) and Mr. Wong Chunwa (Independent Non-executive Director).

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