General Steel Holdings, Inc. (OTCMKTS:GSIH) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On November 13, 2019, the board of directors (the “Board”) of General Steel Holdings, Inc. (the “Company”), received a resignation letter from Mr. Zhiguang Liu to resign from his position as the Chief Financial Officer of the Company, effective immediately. Mr. Liu indicated his resignation is not because of any disagreement with the Company, its management or its other directors. Mr. Liu will remain as a director of the Board.
About General Steel Holdings, Inc. (OTCMKTS:GSIH)
General Steel Holdings, Inc., through its subsidiary, General Steel Investment Co., Ltd., operates steel companies serving various industries in the People’s Republic of China (PRC). The Company manufactures and sells steel products, such as steel rebar, hot-rolled carbon and silicon sheets and spiral-weld pipes. The Company sells its products primarily to distributors and related parties. The Company has controlling interests in a trading subsidiary and an Internet-of-things subsidiary: Tianjin Shuangsi Trading Co., Ltd. (Tianjin Shuangsi) and Tongyong Shengyuan (Tianjin) Technology Development Co., Ltd. (Tongyong Shengyuan). Tianjin Shuangsi is a trading company that primarily trades iron ore, nickel-iron-manganese alloys and other steel-related products. Tongyong Shengyuan is a holding company of Tianjin Shuangsi.
