The annual general meeting of Neyriz Ghadir Steel Complex shareholders was held on Monday, January 1, 2024, at the Presidential Cultural Complex. The meeting concluded with the presentation of a brilliant performance report for the fiscal year 1402 and a bright outlook for the future, including entering the Stock Market.

Unparalleled Performance in Fiscal Year 1402:

• 31% growth in operating income, indicating economic prosperity and precise corporate planning.
• Production of 727,000 tons of high-quality sponge iron, a significant step towards meeting the needs of the country's steel industry.
• Achieving a net profit of 3,533 billion tomans, indicating remarkable profitability and economic stability of the company.

Entering the Stock Market, a Major Step Towards Development:

• The most important program of the current year: entering the stock market, an opportunity to attract new capital and develop the company's activities.
• Holding an acceptance session in the Fara Bourse in the near future, heralding the beginning of trading the company's shares on the stock market.
• The expectation of growth and development of the company with the support of shareholders, depicts a bright outlook for the future.
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Dr. Mohsen Mostafapour, CEO of  Neyriz Ghadir Steel Complex, in this meeting, pointed to the completion and commissioning of key projects, including the steelmaking plant, in the past year, and explained the company's achievements. He emphasized smart production despite limitations and forced outages, and announced the production of 727,000 tons of high-quality sponge iron.

Dr. Seyed AbuTorab Fazel, CEO of Ghadir industries and mines Holding, also pointed to the strong financial discipline and the impressive speed of the company's development, expressing hope that with the support of shareholders and the increase in the credibility of the brand of the Neyriz Ghadir Steel Complex, the final stages of acceptance of the company in faraborus have been completed quickly and next year the General Assembly will be held with the participation of public shareholders. The entry of Neyriz Ghadir Steel Complex into the stock market 

promises a bright future for the company and a valuable opportunity for investors in the capital market.

The enthusiastic presence of shareholders in this meeting indicates their trust and confidence in the bright future of Neyriz Ghadir Steel Complex.

Considering the strong performance and ambitious development plans, Neyriz Ghadir Steel Complex is ready to conquer new heights in the stock market. The entry of this company into the capital market will be a valuable opportunity for investors to benefit from the profitability and growth of the company in the coming years.