Board press release

The 17th meeting of the 14th Board of Directors of China Steel Corporation (CSC) was held on March 22, 2013. Major items of the agenda adopted were:

1. 2012 financial results
CSC's operation results in 2012: revenues NT$207,193 million, income before income tax NT$6,131 million, net income NT$5,811 million, earnings per common share (after tax) NT$0.38.

2. Appropriation of distributable earnings for 2012
CSC's distributable earnings for 2012 are NT$7,706 million including the listed unappropriated earnings from special reserve. Dividends will be appropriated according to CSC's Articles of Incorporation. In addition to the appropriation of distributable earnings for legal reserve, compensation to directors and supervisors and bonus to employees, the meeting suggested to appropriate NT$1.40 per share (stock dividend NT$0.1 and cash dividend NT$1.3) for dividends of preferred stocks and NT$0.5 per share (stock dividend NT$0.1 and cash dividend NT$0.4) for common stocks. The above resolutions will be proposed at stockholders' meeting on June 19, 2013.

3. Capital increase from earnings in 2012
The meeting resolved to appropriate NT$1,531,074,450 from the distributable earnings in 2012 as a capital increase for replenishment of CSC's working capital. 153,107,445 common shares with NT$10 par value will be issued in one time. The rights and obligations of new shares are the same as current common shares.

4. Revamping portion of staves for No.1 blast furnace
This project is to maintain the production capacity of No. 1 blast furnace. Major revamping items include portion of staves, cooling plates and needed repairs. The project will commence in April 2013 and is scheduled for completion in June 2015. Total investment amount is estimated to be NT$1,300 million.

5. Addition of quenching plate equipment for plate mill
The direct quenching plate which will improve CSC's competitiveness is a product of hi-tech threshold and high value added. It will increase 1,700 metric tons of quenching plates per year for CSC when the project completes. The project will commence in April 2013 and is scheduled for completion in August 2015. Total investment amount is estimated to be NT$2,180 million.

6. Construction of titanium and nickel alloy finishing line
Titanium and nickel alloy materials are good for high temperature resistance, low temperature resistance, strong acid resistance, alkali resistance, high strength and low density, as well as being popularly used in the industries of aerospace, biomedicine, petrochemical and electronics. In order to promote competitiveness of products, CSC will invest NT$1,818 million in the construction of titanium and nickel alloy finishing line with 7,767 metric tons of annual production capacity. The project will commence in April 2013 and is scheduled for completion in June 2015.

7. Joint venture with Rechi Precision Co., Ltd. to establish a brushless direct current motor company
Brushless direct current motor has the properties of noiseless, low wear and long life cycle. Its highly efficient output is especially excellent in energy saving, environmental protection and motor efficiency. In order to expand and develop electrical sheets and raise the added value of iron oxide powder, CSC plans to invest NT$400 million in the establishment of a brushless direct current motor company through the joint ventures with Rechi Precision Co., Ltd., motor distributors and key component partners. CSC's ownership in the new company will be 25%. The new company will set up plants at Pingtung Export Processing Zone in Taiwan and Jiujiang, Jiangxi, China respectively. Annual production capacity of motors will be 24 million sets. Pingtung plant will be positioned as the design and R&D center.

8. To participate in cash capital increase of Kaohsiung Rapid Transit Corporation
Kaohsiung Rapid Transit Corporation's (KRTC) board meeting has resolved to increase capital by NT$1,500 million. CSC's board meeting approved a ceiling of NT$806 million to participate in KRTC's capital increase in order to help KRTC's operation and fulfill social responsibilities.

9. Date and venue for CSC's 2013 shareholders' meeting
Date: June 19, 2013 (Wednesday) 9:00 a.m.
Venue: CSC Auditorium (1, Chung Kang Road, Siaogang District, Kaohsiung, Taiwan)
Date and place for accepting stockholders' draft resolutions and candidate nomination of directors and supervisors
Date: April 12-22, 2013
Place: China Steel Corporation (1, Chung Kang Road, Siaogang District, Kaohsiung, Taiwan)

The 16th meeting of the 14th Board of Directors of China Steel Corporation (CSC) was held on December 27, 2012. Major items of the agenda adopted were:

1.Revamp of pre-programmed automatic and electrical control system for No. 2 hot strip mill of Rolling Mill Department II─Hot Rolled Products
No.2 hot strip mill of Rolling Mill Department II has been in operation for 16 years. It is estimated to spend NT$2,270 million to revamp the pre-programmed automatic and electrical control system for No.2 hot strip mill from January 2013 to December 2017, a five-year project, in order to reduce the risk of breakdown of equipment, as well as promote processing capacity of the production line to develop new steel grades. The benefits of this project include reducing the rate of loss by delay, improving equipment properties and functions, and reducing CO2 emission by total of 2,988.56 metric tons per year through power saving and low-temperature rolling.

2. Raise capital of CSC's wholly-owned subsidiary “CSC Steel Australia Holdings Pty Ltd” by US$270 million to invest in mineral assets.

3. Consolidation and merger of Horng Yih Investment Corporation, Long Yuan Fa Investment Corporation, and Goang Yaw Investment Corporation
According to the investment agreement when CSC purchased the stocks of Chung Hung Steel Corporation (original name was Yieh Loong Enterprise Co., Ltd.) in February 2000, CSC also bought Horng Yih Investment Corporation, Long Yuan Fa Investment Corporation, and Goang Yaw Investment Corporation, which held the stocks of Chung Hung Steel. In order to simplify CSC Group's financial statements, CSC decides to consolidate and merge the three bought-in corporations. The reference date for the consolidation and merger will be on January 1, 2013.

4. Issuance of domestic corporate bonds amounted to NT$20,000 million
CSC will issue domestic corporate bonds at suitable time before the end of 2013 in order to replenish long-term working capital. Total amount of issuance will be within NT$20,000 million.

The 15th meeting of the 14th Board of Directors of China Steel Corporation (CSC) was held on August 27, 2012. Major items of the agenda adopted were:

1.Financial report for the first half of 2012
Revenues NT$110,675 million, pretax income NT$1,929 million, net income NT$1,943 million and earnings per share (EPS) NT$0.13.

2.Revamp of No. 2 Continuous Annealing Line (No. 2 CAL)
Since No. 2 CAL has been operated for 20 years since 1992, the revamping project was approved in the meeting for the need of developing high-grade and high-strength new steel products. It is estimated that the project will be able to reduce production cost, as well as decrease CO2 emission about 562.4 metric tons per year owing to the saving use of electric power after the project is finished. The project will commence in September 2012 and is scheduled for completion in April 2015, totaling 32 months.

3.Increase of investment in Formosa Ha Tinh Steel Corporation amounted US$40 million
CSC invested US$135 million to own 5% of the charter capital of Formosa Ha Tinh Steel Corporation in 2010. Since the investment project of Formosa Ha Tinh Steel has been revised, its total amount of investment has also been re-estimated to increase US$2,117 million comparing with the original plan. In addition, Formosa Ha Tinh Steel's self-own capital has been increased to be US$3,500 million for improving its financial structure. CSC revalued the project accordingly and still deemed it to be feasible. Therefore, the meeting resolved to increase US$40 million of investment to the project for enabling CSC to keep its 5% of holding ratio in Formosa Ha Tinh Steel's capital.

4.Setup of a steel service center (or coil center) in Qingdao City, Shangdong Province, China
CSC will invest to set up a steel service center in Qingdao City, Shangdong Province, China, with Rechi Precision Co., Ltd. and China Steel Global Trading Corporation in order to explore the sales channels and establish a sales place in Northern China. The planned capital will be US$20 million in which CSC invests US$12 million for holding 60% shares.

The 14th meeting of the 14th Board of Directors of China Steel Corporation (CSC) was held on June 15, 2012. Major items of the agenda adopted were:

1. Addition of waste gas desulfurization system for No.3 sinter plant
This project will commence in July 2012 and is scheduled for completion in October 2014. After completion, the sulfur oxides emission can be not only lowered to less than the emission standard of 100ppm, but also diminished by 4,325kgs per day, which will improve the environmental quality effectively.

2.Budget increase and completion-date extension for the revamp of No.4 Blast Furnace 1st Campaign
This revamping project, approved in the board meeting on July 16, 2010 totaling NT$5 billion, commenced in August 8, 2010 and planned to complete in July 31, 2013. Original project will adopt the cooling copper stave to revamp at the middle and bottom of the blast furnace and the cooling cast iron stave at other portion. However, CSC has recently learnt that some overseas blast furnaces with copper staves have encountered malfunctions. Therefore, for stabilizing the production and preventing the potential costs of future maintenance and suspension, the design of the cooling stave will be changed to use the same cooling plates as the current campaign uses. The budget will be increased by NT$373 million, and the completion date will be extended to November 30, 2014.

In addition, the board meeting on February 21, 2012 approved the investment of 10% of shares of MCG Coal Holdings' MDL162 mine via China Steel Australia Holdings Pty Ltd, amounting to AUD50 million, and in addition to the future capital expenditures of construction and development according to the shareholding rate. However, because Peabody, the major shareholder of MDL162, determined to execute its pre-emptive right, the transaction has been failed. Since CSC hasn't paid the sums, the board meeting therefore approved to cancel the transaction.

The 13th meeting of the 14th Board of Directors of China Steel Corporation (CSC) was held on May 14, 2012. Major items of the agenda adopted were:

1. Consolidated balance sheets on the IFRS transition date as of January 1, 2012 and ROC GAPP consolidated financial statements for the first quarter of 2012
Pursuant to the “Regulations Governing the Preparation of Financial Reports by Securities Issuers” announced by Financial Supervisory Commission, Executive Yuan on December 22, 2011, and the first-time adoption for the accounting policies of International Financial Reporting Standards (IFRS), CSC has prepared its IFRS opening consolidated balance sheets on the transition date as of January 1, 2012, showing the total assets NT$618.221 billion, total liabilities NT$308.757 billion, stockholders' equity of parent company NT$286.252 billion and non-controlling interest NT$23.212 billion. Under ROC Generally Accepted Accounting Principles (ROC GAAP), consolidated operating revenues were NT$93.926 billion, total consolidated net income NT$323 million, and net losses per basic common share NT$0.05.

2.Material Information Declaration of financial effects on CSC's IFRS conversion
The outcome of the financial effects for CSC's first time to adopt IFRS on the opening date as of January 1, 2012 will increase consolidated assets and consolidated liabilities by NT$6.536 billion and NT$9.179 billion respectively, as well as will decrease consolidated stockholders' equity by NT$2.643 billion or book value per share by NT$0.16.

3.The issuing period of domestic common corporate bonds to be issued in fiscal year 2012 will be extended
Concerning the issuing time of domestic common corporate bonds totaling no more than the amount of NT$20 billion to be issued in fiscal year 2012, which has been approved in the board meeting since December 28, 2011, will be extended from 3-7 years to 5-10 years in order to grasp the proper issuing time.

中鋼公司於101年3月21日召開第十四屆第十二次董事會，通過主要議案如下：

一、100年度財務報告案
中鋼公司100年度經營結果：營業收入2,403.76億元，稅前淨利202.85億元，本期淨利194.94億元，普通股每股盈餘1.36元。

二、100年度盈餘分配案
中鋼公司100年度可供分配盈餘為176.58億元，依公司章程規定分配，除提列法定公積、董事監察人酬勞金、員工紅利外，建議分配特別股股東股息紅利為每股1.4元，其中股票0.15元，現金1.25元；普通股股東紅利為每股1.16元，其中股票0.15元，現金1.01元。

三、100年度盈餘轉增資案
為充實營運資金需求，自100年度可分配盈餘項下提撥新台幣2,262,671,600元，辦理盈餘轉增資，發行普通股226,267,160股，每股面額10元，一次發行，新股之權利義務與原普通股相同。

四、解除董事競業禁止案
為維護投資權益，依公司法第209條第一項規定，通過：董事宋志育兼任中鴻鋼鐵股份有限公司董事；董事李慶超兼任中宇環保工程股份有限公司董事長及台塑河靜鋼鐵興業責任有限公司董事；董事劉季剛兼任中鴻鋼鐵股份有限公司、CSC STEEL HOLDINGS BHD(中馬控股公司)、CSC STEEL SDN BHD(中鋼馬來西亞公司)、東亞聯合鋼鐵株式會社等4家公司董事。並提101年6月15日股東常會公決。

The 11th meeting of the 14th Board of Directors of China Steel Corporation (CSC) was held on February 21, 2012. Major items of the agenda adopted were:

1. Investment of 10% interest of MCG's MDL162 totaled AUD102 millionT
CSC will purchase 10% of MCG Coal Holdings' interest in MDL162 mine through CSC Steel Australia Holdings Pty Ltd amounted to AUD50 million. In addition, about AUD52 million in the future capital expenditures of construction and development will be needed from CSC. Both amounts totaled AUD102 million (about NT$3,060 million). CSC will off take about 600,000 metric tons of metallurgical coal per year by execution of an off-take agreement when this project completes.

2.Date and venue for CSC's 2012shareholders' meeting
Date: June 15, 2012 (Friday) 9:00 a.m.
Venue: CSC Auditorium (1, Chung Kang Road, Siaogang District, Kaohsiung, Taiwan)
Date and place for accepting stockholders' draft resolutions
Date: April 11-22, 2012
Place: CSC (1, Chung Kang Road, Siaogang District, Kaohsiung, Taiwan)

3.Change of part management positions to be effective on March 1, 2012
The current Executive Vice President Mr. King-Ling Du will retire on March 1, 2012. Vice President of Corporate Planning Mr. Kin-Tsau Lee will be promoted to succeed Mr. Du. Former Assistant Vice President of Engineering, current President of InfoChamp Systems Corporation, Mr. Mou-Pin Wang will be promoted as Vice President of Corporate Planning.

The 10th meeting of the 14th Board of Directors of China Steel Corporation (CSC) was held on December 28, 2011. Major items of the agenda adopted were:

1.To subscribe for 1.6 billion shares of Dragon Steel Corporation (DSC) through the private offering of capital increase
A resolution of capital increase through private offering was made by DSC's board meeting on December 23, 2011 for the funding of DSC's expansion project. DSC will issue 1.6 billion common shares with the share price of NT$10 (par value NT$10) to raise NT$16 billion. CSC, the sole shareholder with 100% ownership of DSC, will subscribe for the total amounts.

2.To issue domestic corporate bonds amounted to NT$20,000 millio
In order to replenish working capital, CSC will issue domestic corporate bonds at suitable time before the end of 2012. Total amount of issuance will not exceed NT$20,000 million.

3. Vice President of Production Mr. Jyh-Yuh Sung will be promoted as President
The current President Mr. Ou Chaw-Hwa will retire on February 1, 2012. Vice President of Production Mr. Jyh-Yuh Sung will be promoted to succeed Mr. Ou.

4.To change part of management positions

(1) Vice President of Engineering Mr. Tsung-Ren Jeng will be transferred to the new position as Vice President of Production. Former General Manager of Plant Engineering and Maintenance Department, currently President of China Steel Machinery Corporation, Mr. Wen-Du Hsu will be promoted as Vice President of Engineering. The change will be effective on February 1, 2012.
(2) Vice President of Technology Mr. Yu-Soong Chen will leave his office to act as the Chairman of Chung Hung Steel Corporation. Assistant Vice President of Technology Mr. Shyi-Chin Wang will be promoted as Vice President of Technology. This change will be effective on January 1, 2012.

The 8th meeting of the 14th Board of Directors of China Steel Corporation (CSC) was held on August 23, 2011. Major items of the agenda adopted were:

1. Financial report for the first half of 2011
Revenues NT$120,134 million, pretax income NT$17,304 million, net income NT$15,344 million and earnings per share (EPS) NT$1.1.

2. Investment of NT$ 200 million in "Taiwan Medtech Fund " (the Company)
One of the Company's shareholders is National Development Fund, Executive Yuan. The fund scale to be collected is US$200 million (no less than NT$5,000 million). Fund life will be 10 years, available to extend one time but no more than 3 years. The Company will focus its major investments on medical devices industry.

3. Investment of US$66.58 million in India for setting up a production line of electrical steels
In order to grasp the opportunity of high growth of demand in India for electrical steels, as well as to enter the markets Middle East, Europe and North Africa via India, CSC will co-invest with international strategic partners for building an annealing-and-coating line to produce electrical steel coils at Bharuch District of Cujarat State in India. The production line will produce 200 thousand metric tons of non-oriented electrical steels per year. Total investment amount of the project will be round US$178 million in which CSC will invest about US$66.58 million. The project will commence in September 2011 and is scheduled for starting test run in October 2013.

4. Offering to buy all the capital-increase shares amounted to NT$1,000 million in China Steel Global Trading Corporation
China Steel Global Trading Corporation (CSGT), one of CSC's subsidiaries, is responsible for the export of CSC Group's steel products. In order to expand its sales channels and invest in coil centers, CSGT will raise NT$1,000 million through capital increase with price NT$10 per share. CSC will offer to buy all the above capital-increase shares.

5. Approval of “Organizational Regulations for the Compensation Committee of China Steel Corporation”
The Board meeting approved the “Organizational Regulations for the Compensation Committee of China Steel Corporation” which is pursuant to “Article 14-6, Paragraph 1 of the Securities and Exchange Act” and “Regulations Governing the Appointment and Exercise of Powers by the Remuneration Committee of a Company Whose Stock is Listed on the Stock Exchange or Traded Over the Counter” promulgated by the Financial Supervisory Commission, Executive Yuan on March 18, 2011. Three independent directors, Mr. Ting-Peng Liang, Mr. Juu-En Chang and Mr. Shen-Yi Lee, were designated as the committee members. Mr. Ting-Peng Liang was also appointed as the convener for the committee meeting.

6. Issuance of domestic corporate bonds amounted to NT$20,000 million for the fiscal year 2011
In order to increase working capital to meet the principle of long-term stable going concern, CSC will issue its domestic corporate bonds amounted to NT$20,000 million for the fiscal year 2011. The Chairman was authorized to decide the time of issuance according to the status of steel market and CSC's need of working capital.
7. Finance Assistant Vice President Chung-Yi Lin will be promoted to replace Mr. King-Hsing Chang as Finance Vice President to be effective on October 1, 2011. Mr. Chang will retire on the same day.

The 7th meeting of the 14th Board of Directors of China Steel Corporation (CSC) was held on March 23, 2011 Major items of the agenda adopted were:
The 7th meeting of the 14th Board of Directors of China Steel Corporation (CSC) was held in June 15, 2011. The meeting resolved an investment of NT$500 million for establishing TaiAN Green Energy and BioTech Venture Capital Co., Ltd. (a temporary name) with total target capital of NT$1,500 million. The lasting period of the VC company will be seven years and can be extended to ten years upon the consent of the majority of shareholders. TaiAn Technologies Corporation (one of CSC's subsidiaries) is entrusted to manage the above-said VC company. Areas of investment include green energy and biotechnology. Besides CSC, it is planned to invite National Development Fund of Executive Yuan, and other domestic important enterprises interested in biotech and green energy to join this project to enhance the development of the industries of environmental protection, green energy, and biotech.

The 6th meeting of the 14th Board of Directors of China Steel Corporation (CSC) was held on March 23, 2011. Major items of the agenda adopted were:
1.Addition of waste gas desulfurization system for NO.4 sinter plant
CSC will invest NT$1,008 million in this project to reduce the sulfur oxides emission by approximately 4,721 kilograms per day after project completion. The project will commence in April 2011 and is scheduled for completion in September 2013.

2.Addition of B4154 crane and move of ladle building area for Basic Oxygen Furnace I of Steelmaking Department

CSC will invest NT$897 million in this project to raise the safety level of the crane operation and smooth the production, by adding new plant buildings at ladle area to separate the production and maintenance activities. The project will commence in April 2011 and is scheduled for completion in February 2014.

3.Revamping the welder for No.2 Pickling & Cold Rolling Mill of Rolling Mill Department Ⅲ

CSC will invest NT$290 million in this project to replace the existing flash butt welder at No.2 Pickling & Cold Rolling Mill by the laser beam welder. When the project completes, it will (1) increase the high-grade steel production, (2) reduce operation cost, and (3) reduce the emission of carbon dioxide by 748.6 metric tons per year owing to the less consumption of electricity, water, nitrogen and oxygen. The project will commence in April 2011 and is scheduled for completion in October 2013.

4.Purchase of the buildings from China Steel Structure Co. Ltd.

he land owned by CSC located at Darengong section Nos. 1001 and 1002, Siaogang District, Kaohsiiung, is currently leased to China Steel Structure Co. Ltd. (CSSC). To retrieve the land for building the Non-Grain-Oriented electrical steel sheets production line, CSC has negotiated with CSSC to move CSSC's machines and facilities out. CSC will pay NT$181 million in total to buy 29 units of CSSC's buildings on the above land according to the leasing contract.

5.Relief of Business Strife Limitation for Directors

For safeguarding the rights and interests of investments, the following concurrent positions of directors were approved in the meeting pursuant to Article 209 of Company Law:
─ Chairman Jo-Chi Tsou concurrently Director of China Ecotek Corporation
─ Director Chaur-Hwa Ou concurrently Director of China Hi-ment Corporation
─ Director King-Ling Du concurrently Chairman of China Ecotek Corporation
─ Director Jyh-Yuh Sung concurrently Director of China Ecotek Corporation and Director of Taiwan Rolling Stock Co., Ltd.
The above resolutions will be proposed at stockholders' meeting on June 15, 2011.

6.Date and venue for CSC's 2011 shareholders' meeting
Date: June 15, 2011 (Wednesday) 9:00 a.m.
Venue: CSC Auditorium, No.1, Chung Kang Road, Siaogang District, Kaohsiung,?????? Taiwan

China Steel Corporation (CSC) held its board meeting on February 22, 2011. Major items of the agenda adopted were:
1.2010 financial results

CSC's operation results in 2010: revenues NT$239,187 million, income before income tax NT$44,094 million, net income NT$37,587 million, earnings per common share NT$2.83.

2.Appropriation of net income for 2010
CSC's distributable earnings for 2010 totaled NT$33,893 million. According to CSC's Articles of Incorporation, after appropriating the annual income for legal reserve, compensation to directors and supervisors, and bonus to employees, the remainder shall be appropriated for dividends of preferred stocks and common stocks. The Board suggested that the dividend for both preferred stocks and common stocks is NT$2.49 per share (NT$0.5 for stock dividend and NT$1.99 for cash dividend).

3.Capital increase from earnings for 2010

For fleshing CSC's working capital out, the meeting decided to appropriate NT$6,783,084,450 from the distributable earnings in 2010 as a capital increase. 678,308,445 common shares with NT$10 par value will be issued in one time. The rights and obligations of new shares will be the same as current common shares.

4.Date and venue for CSC's 2011 shareholders' meeting

Date: June 15, 2011 (Wednesday) 9:00 a.m.
Venue: CSC Auditorium (1, Chung Kang Road, Siaogang District, Kaohsiung, Taiwan)
Date and place for accepting stockholders' draft resolutions
Date: April 12-21, 2011
Place: CSC (1, Chung Kang Road, Siaogang District, Kaohsiung, Taiwan)

5.Increase cash capital and issue new stocks to participate in the issuance of global depository receipts (GDR)

CSC will increase cash capital and issue new stocks to participate in the issuance of GDR in order to enlarge production capacity, promote product grade and consecutively push several large scale investment projects. Number of stocks to be issued will be between 700 millions and 840 millions.

6.Change of partial management personnel to be effective on March 1, 2011 for meeting business needs
(1) Corporate Planning Vice President King-Ling Du will be promoted to replace Mr. Lo-Min Chung as Executive Vice President.
(2) Administration Assistant Vice President Mr. Hsiung Lee will be promoted to replace Mr. Kin-Tsau Lee as Administration Vice President and Mr. Kin-Tsau Lee will succeed as Corporate Planning Vice President.
(3) Commercial Assistant Vice President Mr. Jih-Gang Liu will be promoted to replace Mr. Tsong-Ying Huang as Commercial Vice President.

中鋼公司於99年8月26日召開董事會，通過重要議案如下：

一、本公司九十九年上半年度營業收入112,508,620仟元，稅後淨利23,818,359仟元，每股盈餘1.86元。

二、董事會決議投資新台幣1,989,683仟元進行第二轉爐連鑄工場轉爐氣顯熱回收計畫
(1) 投資計畫內容：預計投資新台幣1,989,683仟元進行第二轉爐連鑄工場轉爐氣顯熱回收計畫。
(2) 預計投資投入日期：99/09/01~102/12/31。
(3) 資金來源:除公司自有資金外，其餘為向銀行借款。
(4) 具體目的:滿足客戶未來新增之蒸汽需求，減少二氧化碳排放。

三、董事會決議投資新台幣1,523,546仟元進行三階煉焦場焦炭乾式淬火設備更新計畫
(1) 投資計畫內容:預計投資新台幣1,523,546仟元進行三階煉焦場焦炭乾式淬火設備更新計畫。
(2) 預計投資投入日期:99/09/01~102/08/31。
(3) 資金來源:除公司自有資金外，其餘為向銀行借款。
(4) 具體目的:增加廢熱能源回收，減少二氧化碳排放。

董事會決議認購中國鋼鐵結構股份有限公司發行之私募普通股相關資料
(1) 標的物之名稱及性質：中國鋼鐵結構股份有限公司發行之私募普通股。
(2) 交易數量、每單位價格及交易總金額：上限新台幣8億元。
(3) 交易相對人及其與公司之關係：中國鋼鐵結構股份有限公司，中鋼持有該公司股份比率17.89%。

四、董事會決議投資台塑河靜鋼鐵興業責任有限公司5%股權
(1) 交易數量、每單位價格及交易總金額：台塑河靜鋼鐵興業責任有限公司總資本額27億美金，本公司投資5%股權須出資1.35億美金。
(2) 交易相對人：台塑河靜鋼鐵興業責任有限公司(台塑集團於越南成立的鋼鐵公司)。

中鋼公司於99年7月16日召開董事會，通過重要議案如下：

一、投資高規格非方向性電磁鋼片產線
中鋼已完成開發0.35mm與0.50mm各品級高規格非方向性電磁鋼片，因其具有低鐵損及高磁通之電磁特性，為典型綠色環保產品，已廣泛應用於高效能馬達及變頻壓縮機馬達領域。為改善設備能力，通過投資高規格非方向性電磁鋼片產線。本產線將設置退火酸洗線、往復式冷軋機及退火塗覆線三條主要生產線，計畫工期預計自99年8月開始，至103年5月完工，為期3年10個月。

二、投資肆號高爐第一爐代更新計畫
中鋼肆號高爐第一爐代自民國85年11月開爐，運轉迄今已達13年7個月，經評估後，預計至民國101年10月將完成第一爐代之生產任務，爐代壽命可達到15年11個月，屆時必須進行停爐更新工程，更新計畫期間自民國99年8月1日至民國102年7月31日止，為期3年。

三、投資興建條線成品立體倉庫案
由於市場因素、客戶對品質與交期要求，且傳統條線倉儲作業，成品彼此緊密堆疊，易遭捆綁之鋼帶割傷或遭堆高機牙叉架撞傷。中鋼投資興建條線成品立體倉庫，可透過堆取機自動化入儲及出庫作業，條線成品各捲分離，可完全解決平面堆存造成之擦刮傷問題，不僅可提升產品外觀品質、客戶滿意度及產品形象外，並可滿足產線後勤支援及提升土地利用率。工期自99年08月至102年2月，為期2年7個月。

四、投資興建熱軋半成品嘉興儲區
中鋼熱軋鋼帶工場因受限土地，儲區不足，造成物流問題、產線停機及延遲交貨。本計畫預計於小港區嘉興街興建2棟倉庫，可儲存7.8萬噸熱軋鋼捲及3.1萬噸扁鋼胚等。工期自民國99年8月至101年2月，為期1年7個月。

五、修訂組織規程增設能源環境事務推動辦公室
為求永續發展，實踐地球公民責任，致力節能減碳，中鋼公司成立非正式組織之「集團能源環境委員會」，主要功能為中鋼集團能源環保政策及方向擬定、共識之形成及集團公司溝通協調之平台，由董事長擔任主任委員，總經理及執行副總經理擔任副主任委員，各副總經理及相關子公司總經理擔任委員。因應「集團能源環境委員會」運作，設置「能源環境事務推動辦公室」為專責單位，直接隸屬總經理，負責集團企業能源環境政策規劃、相關法規風險評估與相關因應策略之規劃、執行等事項。

本公司第十四屆第一次董事會(99年6月23日)議通過議案符合上市公司重大訊息之查證暨公開處理程序者如下：

一、本公司董事長變動：
舊任者姓名簡歷:張家祝，本公司原任董事長新任者姓名及簡歷:鄒若齊，本公司原任總經理新任生效日期:99/06/23

二、本公司總經理變動：
舊任者姓名及簡歷:鄒若齊，本公司原任總經理新任者姓名及簡歷:歐朝華，中龍公司董事長新任生效日期:99/06/23