BEIJING, Feb. 4, 2016 /PRNewswire/ -- General Steel
Holdings, Inc. ("General Steel" or the "Company") (NYSE: GSI),
announced today that the Company's board of directors (the "Board")
has dismissed the Company's current Chief Executive Officer, Ms.
Yunshan Li, effective immediately.
Mr. Henry Yu, Chairman of General
Steel, has been appointed as interim Chief Executive Officer
pending the appointment of a permanent successor.
About General Steel Holdings, Inc.
General Steel Holdings, Inc. is headquartered in Beijing, China, and trades iron ore and steel
products. To be added to the General Steel email list to receive
Company news, or to request a hard copy of the Company's Annual
Report on Form 10-K, please send your request to investor.relations@gshi-steel.com.
Forward-Looking Statements
This press release may contain certain forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. These statements are based on management's
current expectations or beliefs about future events and financial,
political and social trends and assumptions it has made based on
information currently available to it. The Company cannot assure
that any expectations, forecasts or assumptions made by management
in preparing these forward-looking statements will prove accurate,
or that any projections will be realized. Actual results could
differ materially from those projected in the forward-looking
statements as a result of inaccurate assumptions or a number of
risks and uncertainties. These risks and uncertainties are set
forth in the Company's filings under the Securities Act of 1933 and
the Securities Exchange Act of 1934 under "Risk Factors" and
elsewhere, including those disclosed in the Company's most recent
Annual Report on Form 10-K, filed with the United States Securities
and Exchange Commission. Forward-looking statements contained
herein speak only as of the date of this release. The Company does
not undertake any obligation to update or revise publicly any
forward-looking statements, whether to reflect new information,
future events or otherwise.
Contact Us
Asia Bridge Capital Limited
Carene Toh
Tel: +1-888-957-3362
Email: generalsteel@asiabridgegroup.com
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/general-steel-announces-change-in-management-team-300215265.html
SOURCE General Steel Holdings, Inc.
