Group 1 - The company Maanshan Iron & Steel Co., Ltd. (Ma Steel) announced on September 22 that its 10th Board of Directors held its 45th meeting via telecommunication, discussing a proposal regarding the capital reduction of Baowu Water Technology Co., Ltd. [1] - For the fiscal year 2024, Ma Steel's revenue composition is as follows: the steel industry accounts for 93.93% and other businesses account for 6.07% [1]. - As of the report date, Ma Steel's market capitalization is 30.2 billion yuan [1].

股票代码：600808 股票简称：马钢股份 公告编号：2025-043 马鞍山钢铁股份有限公司 董事会决议公告 马鞍山钢铁股份有限公司（"本公司"或"公司"）董事会及全体董事保证本 公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容的真实性、 准确性和完整性承担个别及连带责任。 一、董事会会议召开情况 2025 年 9 月 22 日，公司以通讯方式召开第十届董事会第四十五 次会议，会议应到董事 5 名，实到董事 5 名，会议由董事长蒋育翔先 生主持。本次董事会会议的召开符合有关法律法规及公司章程的规 定。 二、董事会会议审议情况 批准关于马鞍山钢铁有限公司对宝武水务科技有限公司减资的 议案。具体内容详见本公司同日发布的《马鞍山钢铁股份有限公司关 于控股子公司对其参股公司减资暨关联交易公告》（公告编号： 2025-045）。 本议案为关联交易事项，关联董事蒋育翔先生回避表决，由非关 联董事表决的结果为：同意 4 票，反对 0 票，弃权 0 票。该议案已经 公司独立董事专门会议审议通过。 特此公告。 马鞍山钢铁股份有限公司董事会 2025 年 9 月 22 日 1 ...

每经AI快讯，9月22日，钢铁股早盘普涨，截至发稿，重庆钢铁股份(01053.HK)涨2.92%，报1.41港元； 马鞍山钢铁股份(00323.HK)涨1.61%，报2.52港元；中国罕王(03788.HK)涨1.1%，报3.67港元。 ...

Group 1 - Steel stocks experienced a broad increase, with Chongqing Steel rising by 2.92% to HKD 1.41, Maanshan Steel up by 1.61% to HKD 2.52, and China Hanking increasing by 1.1% to HKD 3.67 [1] - The Ministry of Industry and Information Technology and other departments issued the "Steel Industry Growth Stabilization Work Plan (2025-2026)" on September 22, setting an annual growth target of around 4% for the steel industry's added value over the next two years [1] - The plan emphasizes "stabilizing growth and preventing internal competition," guiding structural adjustments and high-quality development in China's steel industry [1] Group 2 - The work plan proposes precise control of capacity and output, prohibits new capacity additions, and encourages resource allocation towards leading enterprises to achieve dynamic balance between supply and demand [1] - Experts highlight that "equipment upgrading" and "low-carbon transformation" will be the two core competitive issues for the future, with a requirement for steel enterprises to accelerate the elimination of outdated equipment [1] - By the end of 2025, over 80% of steel production capacity is expected to complete ultra-low emission transformations [1] Group 3 - CICC anticipates that in the second half of 2025, production control is likely to be implemented against the backdrop of preventing internal competition, with an expected recovery in market sentiment and improvement in industry supply and demand [2] - The steel industry is currently at the left side of a major cycle bottom reversal, with the bottom of the cycle becoming increasingly clear, indicating a potential upward trend in the industry cycle [2] - The deteriorating raw material landscape is expected to enhance the certainty and elasticity of profit cycle recovery [2]

Core Viewpoint - The Hong Kong steel stocks experienced a general increase on September 12, with notable gains in several companies [2] Company Performance - Ansteel Corporation (00347.HK) rose by 5.63%, reaching HKD 2.25 [2] - Chongqing Iron and Steel Company (01053.HK) increased by 4.55%, trading at HKD 1.38 [2] - Maanshan Iron and Steel Company (00323.HK) saw a rise of 2.85%, with a price of HKD 2.53 [2]

Group 1 - Steel stocks mostly rose, with Angang Steel (000898) up 5.63% to HKD 2.25, Chongqing Steel (601005) up 4.55% to HKD 1.38, and Maanshan Steel (00323) up 2.85% to HKD 2.53 [1] - According to Galaxy Securities, steel demand is transitioning from real estate to high-end manufacturing, indicating a potential continuous recovery in steel production as the domestic manufacturing sector upgrades [1] - The "anti-involution" policy is promoting supply-side reforms, which are expected to stabilize and recover corporate profits, while infrastructure demand is anticipated to be released in a concentrated manner, leading to an overall stabilization in future demand [1] Group 2 - As the manufacturing sector accelerates its transformation and upgrading, the marginal improvement in steel demand from high-end manufacturing industries is expected [1] - The development of downstream industries such as aerospace, automotive manufacturing, and the replacement of old home appliances is benefiting special steel consumption, indicating a favorable outlook for special steel enterprises to achieve stable growth [1]

智通财经APP获悉，钢铁股多数走高，截至发稿，鞍钢股份(00347)涨5.63%，报2.25港元；重庆钢铁股 份(01053)涨4.55%，报1.38港元；马鞍山钢铁股份(00323)涨2.85%，报2.53港元。 消息面上，银河证券认为，目前钢铁需求从房地产向高端制造转型过程中，国内制造业有望不断转型升 级，钢厂有望继续复产，制造业对钢材需求存在刚性支撑。"反内卷"政策的影响下，供给侧改革不断推 进，企业利润有望企稳回升。基建需求有望集中释放，未来总需求有望企稳回升。随着制造业转型升级 进程加快，高端制造行业的钢铁需求有望边际改善。加之受益于下游航空航天、汽车制造、家电以旧换 新等产业不断发展，特钢消费前景较好，特钢企业有望稳定增长。 ...

Core Viewpoint - Maanshan Iron & Steel Company Limited (Ma Steel) has shown a mixed performance in stock price and financial results, with a notable increase in stock price year-to-date but a decline in revenue for the first half of 2025 [1][2]. Financial Performance - As of June 30, 2025, Ma Steel reported a revenue of 38.08 billion yuan, a year-on-year decrease of 11.47% [2]. - The company recorded a net profit attributable to shareholders of -74.78 million yuan, which represents a significant year-on-year increase of 93.47% [2]. Stock Market Activity - On September 12, 2023, Ma Steel's stock price increased by 2.20%, reaching 3.72 yuan per share, with a trading volume of 175 million yuan and a turnover rate of 0.80% [1]. - Year-to-date, Ma Steel's stock price has risen by 20.39%, with a 3.91% increase over the last five trading days, a 4.62% decrease over the last 20 days, and a 6.59% increase over the last 60 days [1]. Shareholder Information - As of June 30, 2025, the number of shareholders for Ma Steel was 127,400, a decrease of 6.09% from the previous period [2]. - The top ten circulating shareholders include Hong Kong Central Clearing Limited, which holds 38.66 million shares, a decrease of 10.63 million shares from the previous period [3]. Dividend Distribution - Since its A-share listing, Ma Steel has distributed a total of 15.90 billion yuan in dividends, with 155 million yuan distributed over the last three years [3]. Industry Classification - Ma Steel is classified under the steel industry, specifically in the sub-sector of general steel and plate products, and is associated with concepts such as railway infrastructure and central enterprise reform [2].

网上集体接待日活动的公告 股票代码：600808 股票简称：马钢股份 公告编号：2025-042 马鞍山钢铁股份有限公司 关于参加2025年安徽上市公司投资者 马鞍山钢铁股份有限公司（"本公司"或"公司"）董事会及全体董事保证本公告内容不存在任何虚假记 载、误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 为进一步加强与投资者的互动交流，公司将参加由安徽证监局指导，安徽上市公司协会及上海陆家嘴管 理局主办，深圳市全景网络有限公司协办的2025年安徽上市公司投资者网上集体接待日活动，现将有关 事项公告如下： 本次活动将采用网络远程的方式举行，投资者可登录"全景路演"网站（http://rs.p5w.net）参与本次互动 交流，活动时间为2025年9月15日（星期一）15:00-17:00。 特此公告。 马鞍山钢铁股份有限公司董事会 2025年9月9日 届时公司管理层将在线就公司治理、发展战略、经营状况等投资者关心的问题，与投资者进行沟通与交 流，欢迎广大投资者踊跃参与。 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內 容 概 不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示 概 不 就因本公告全部或任何部份內容而產生或因倚賴該等內容而引致的任 何 損 失 承 擔 任 何 責 任。 馬鞍山鋼鐵股份有限公司 Maanshan Iron & Steel Company Limited （在中華人民共和國註冊成立之股份有限公司） （股票代號：00323） 海外監管公告 關於參加2025年安徽上市公司 蔣育翔 董事長 2025年9月9日 中國安徽省馬鞍山市 投資者網上集體接待日活動的公告 本公告乃根據香港聯合交易所有限公司證券上市規則之13.10B條而作出。 為 進 一 步 加 強 與 投 資 者 的 互 動 交 流，馬 鞍 山 鋼 鐵 股 份 有 限 公 司（「本公司」） 將參加由安徽證監局指導，安徽上市公司協會及上海陸家嘴管理局主辦， 深圳市全景網 絡 有限公司協辦的2025年安徽上市公司投資者網上集體 接 待 日 活 動，現 將 有 關 事 項 公 告 如 下： 本 次 活 動 將 採 用 網 絡 遠 程 的 方 式 ...