0001144204-16-121217 Sample Contracts

Exhibit B OA Agreement DEBT CANCELLATION AGREEMENT
Debt Cancellation Agreement • August 25th, 2016 • General Steel Holdings Inc • Steel works, blast furnaces & rolling & finishing mills • Hong Kong

This Debt Cancellation Agreement (this “ Agreement ”), is made as of August 19, 2016, among General Steel Holdings, Inc., a Nevada corporation (the “ Company ”), General Steel Investment Co., Ltd., a BVI company and wholly-owned subsidiary of the company (“GS Investment”), and Oriental Ace Limited (the “ Creditor ”).

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Exhibit A GS China Agreement DEBT CANCELLATION AGREEMENT
Debt Cancellation Agreement • August 25th, 2016 • General Steel Holdings Inc • Steel works, blast furnaces & rolling & finishing mills • Hong Kong

This Debt Cancellation Agreement (this “ Agreement ”), is made as of August 19, 2016, among General Steel Holdings, Inc., a Nevada corporation (the “ Company ”), Tongyong Shengyuan (Tianjin) Technology Development Co., Ltd. ( ), a Chinese company and wholly-owned subsidiary of the company (“Tongyong Shengyuan”), and General Steel (China) Co., Ltd. (the “ Creditor ”).

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