On Feb 18th, 2017, Ministry of Commerce of the People's Republic of China and General Administration of Customs People’s republic of China issued No. 12 Announcement, which indicated that the importing of the coal from Democratic People’s Republic of Korea was forbidden temporarily in the year of 2017. Under this circumstance, our company stopped importing the coal from Democratic People’s Republic of Korea immediately.
Meanwhile, we Rizhao Steel Holding Group will not importing any goods or service from Democratic People’s Republic of Korea until getting the permission from relevant authorities of China and the United Nations.
Rizhao Steel Holding Group Co., Ltd.
18th July, 2017