Publicity on the capacity replacement plan of Changzhou Dongfang Special Steel Co., Ltd.

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Changzhou City Economic and Information Commission application (Changjingxin Material [2018] No. 177) and our committee reviewed, Changzhou Dongfang Special Steel Co., Ltd. capacity replacement project in line with the "Guiding Opinions of the State Council on Resolving the Contradictions of Serious Overcapacity" (Guo Fa [2013 〕 No. 41), "Opinions of the State Council on Resolving the Excessive Capacity of the Iron and Steel Industry to Realize the Development of the Depletion" (Guo Fa [2016] No. 6) and the Notice of the Ministry of Industry and Information Technology on Printing and Distributing the Implementation Measures for Capacity Replacement in the Cement Glass Industry [2017] No. 337) The relevant regulations are now publicized and the public is welcome to supervise. The publicity time is from August 2nd to August 11th, 2018 (10 days in total). If you have any objections, please report to the Provincial Economic and Information Committee in writing.

Contact number (business consultation, and fax); 025-83305200 (Regional Discipline Inspection and Supervision Team)

Mailing address: Room 1607, No. 16, Beijing West Road, Gulou District, Nanjing, Jiangsu, China

Zip code: 210008

Jiangsu Provincial Economic and Information Commission

August 2, 2018

Remarks:

1. The number of exits and construction capacity during the replacement process shall be converted according to the original capacity conversion table of the Ministry of Industry and Information Technology [2017] No. 337. The capacity conversion table is used to calculate the replacement ratio and is not used as the basis for the approved production capacity.

2. The crude steel production capacity of the construction project is 2.3 million tons. According to the ratio of reduction and replacement, the crude steel production capacity for replacement is 2.875 million tons. The company's total crude steel production capacity was 3.12 million tons, and the remaining crude steel production capacity was 245,000 tons.

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