, ending 30 June 2017 Source: World Steel Association Management’s Discussion and Analysis (MD&A) For Q2/2017 GSteel 6 The main raw materials (Pig iron, shredded scrap) the price movement of the main raw
sector for the private (Translation) 3 sector’s bidding, both rail and expressway systems, which are the Company’s core businesses, including as the Company’s working capital. The deposition of such shares
preferred shares and warrants of U City via private placement and a rights offering and (iii) the disposal of certain non-core assets 22 January 2018: Private Placement as part of capital increase. The
projects to be launched by the government sector for the private sector’s bidding, both rail and expressway systems, which are the Company’s core businesses, including as the Company’s working capital. The
by the government sector for the private (Translation) 3 sector’s bidding, both rail and expressway systems, which are the Company’s core businesses, including as the Company’s working capital. The
income mainly includes interest income and consultation income arising from the interest from time deposit account, which is occasional and not related to the Company’s core business. Cost of sales and
which has similar supervision to that of the Office; (6) “Company” means any limited company or public limited company; (7) “Holding company” means any company undertaking core business in holding shares
undertaking core business in holding shares of other companies with a purpose to gain control in such companies rather than to invest for ordinary returns; (8) “Subsidiary company” means (a) Any company whose
provision of consultation services related to solar power business, which is occasional and not related to the Company’s core business. Cost of sales and services Cost of sales and services consists of cost