Xining Special Steel announcement, the company's shareholder Western Mining Group holding more than 5% of the shares signed a share transfer agreement with Xining Capital Management. Western Mining Group intends to transfer 170,553,803 shares held by it to Xining Capital Management. This share transfer is a transfer of shares between different entities under the same control, and does not involve increasing or decreasing the company's shares in the market, and will not result in a change of the company's controlling shareholder or actual controller.