MAANSHAN IRON (00323)

Auditor	From	To	Release Date / Document Links	Reason for Change
Deloitte	30-Oct-25
Ernst & Young (China)	27-Nov-24	24-Dec-25	04-Dec-25	EYHM was recently rotated out of China Baowu’s latest list of domestic audit institutions for annual financial accounts. The company’s list of annual financial audit institutions must align with that of China Baowu. Consequently, the company proposed to change its accounting firm for the year 2025, ceasing the appointment of EYHM as its accounting firm for the year 2025.
Kpmg (China)	19-May-23	19-Jun-24	07-Nov-24 1 07-Nov-24 2 07-Nov-24 3	Subsequent to the 2023 annual general meeting of the Company held on 19 June 2024, KPMG Huazhen was being rotated and no longer included in China Baowu’s list of domestic financial audit institutions. Accordingly, the Company’s list of domestic financial audit institutions was also updated, and the management of the Company considered that it would be more appropriate to engage auditor currently on the updated list of domestic financial audit institutions of the Company and China Baowu, as the auditor of the Company for the year 2024.