Group 1 - The core viewpoint of the news is that Ansteel Group Corporation (鞍钢股份) has experienced a decline in stock price and trading volume, while showing significant growth in net profit for the first quarter of 2025 despite a decrease in total revenue [1][3] - As of August 12, 2025, Ansteel's stock closed at 2.77 yuan, down 1.42%, with a trading volume of 470,500 hands and a transaction amount of 131 million yuan [1] - The company's latest financial report indicates total revenue of 25.079 billion yuan for Q1 2025, a year-on-year decrease of 9.89%, while net profit attributable to shareholders reached 554 million yuan, a year-on-year increase of 66.55% [1] Group 2 - Ansteel has a liquidity ratio of 0.608 and a quick ratio of 0.291, with a debt-to-asset ratio of 52.08% [1] - The company has made investments in 52 enterprises and participated in 5,000 bidding projects, indicating active engagement in the market [2] - Ansteel holds 5 trademark registrations and 5,000 patent registrations, along with 615 administrative licenses, showcasing its intellectual property and regulatory compliance [2]

Group 1: Investment Plans - In 2025, the company plans to invest RMB 31.60 billion in fixed assets and external investments, funded through self-owned funds, bank loans, and bond issuance [2] - The fixed asset investment will primarily focus on technological upgrades, major equipment repairs, and information technology construction [2] Group 2: Core Competitiveness - The company has a strong brand advantage, recognized for its high reputation and leading products in shipbuilding, automotive, and heavy rail industries [2] - As a key national steel enterprise, it holds the top market share in railway locomotive steel, nuclear power steel, and X80 high-end pipeline steel [2] - The company leads in technological innovation with advanced processes in low-carbon metallurgy and clean steel smelting, ranking third in patent innovation index among Chinese steel enterprises [2] - Digital transformation is ongoing, with a 92.4% CNC rate in key processes, and recognized as a "Digital Pioneer" by the Ministry of Industry and Information Technology [2] - The company emphasizes green low-carbon development, supported by a comprehensive low-carbon competitiveness strategy [2] Group 3: Resource Security - The company benefits from abundant iron ore resources in the Anshan region, with domestic mining capabilities of 88 million tons/year and a leading position in iron concentrate production [3] - The overseas Karara iron ore base has an annual production capacity of 800 million tons, enhancing international trade capabilities [3] Group 4: Production and Financial Performance - In the first half of 2025, the steel industry showed some improvement compared to the same period last year, although steel prices and raw material costs continued to decline [3] - The company achieved a reduction in net profit loss by 57.46% year-on-year [3]

| | | | | | | | | | 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 | | | | | | | | | | | | | 不對因本公告全部或任何部分內容而產生或因倚賴該等內容而引致的 | | | | | | | | | | | | | | | | | | | | | | | 任 | 何 | 損 | ...

格隆汇8月11日丨鞍钢股份(00347.HK)公告，董事会会议将于2025年8月26日(星期二)举行，藉以(其中包 括)考虑及酌情批准公司及其子公司截至2025年6月30日止6个月的业绩。 ...

Core Viewpoint - Ansteel Corporation (00347.HK) announced that its board meeting will be held on August 26, 2025, to consider and potentially approve the company's and its subsidiaries' performance for the six months ending June 30, 2025 [1] Summary by Category - **Company Announcement** - Ansteel Corporation's board meeting is scheduled for August 26, 2025 [1] - The meeting will focus on the performance review for the six months ending June 30, 2025 [1]

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 不對因本公告全部或任何部分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。 （股份編號：0347） 董事會會議通告 本公告乃根據香港聯合交易所有限公司證券上市規則第13.43條 而 作 出。 鞍 鋼 股 份 有 限 公 司（「本公司」）董 事 會（「董事會」）謹 此 宣 佈，董 事 會 會 議 將 於 二 零 二 五 年 八 月 二 十 六 日（星 期 二）舉 行，藉 以（其 中 包 括）考 慮 及 酌 情 批 准 本 公 司 及 其 子 公 司 截 至 二 零 二 五 年 六 月 三 十 日 止 六 個 月 的 業 績。 承董事會命 鞍鋼股份有限公司 王 軍 執行董事兼董事長 中國遼寧省鞍山市 二零二五年八月十一日 於 本 公 告 日 期，董 事 會 成 員 如 下： 執 行 董 事： 王 軍 張紅軍 李景東 非 執 行 董 事： 譚宇海 獨 立 非 執 行 董 事： 王旺林 朱克實 胡彩梅 劉朝建 職 工 ...

1st PROOF • (Q:\01. Ann\A2025-08-056_Angang\A2025-08-056_C_Angang) • (11:34 11/08/2025) • (Messi) • (C>E on request) • P.1 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 不對因本公告全部或任何部分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。 （股份編號：0347） 董事會會議通告 王 軍 執行董事兼董事長 中國遼寧省鞍山市 二零二五年八月十一日 於 本 公 告 日 期，董 事 會 成 員 如 下： 執 行 董 事： 王 軍 張紅軍 本公告乃根據香港聯合交易所有限公司證券上市規則第13.43條 而 作 出。 鞍 鋼 股 份 有 限 公 司（「本公司」）董 事 會（「董事會」）謹 此 宣 佈，董 事 會 會 議 將 於 二 零 二 五 年 八 月 二 十 六 日（星 期 二）舉 行，藉 以（其 中 包 括）考 慮 及 酌 情 批 准 本 ...

Group 1 - The Hong Kong steel stocks continue to rise, with notable increases such as 8.5% for Zhaogang Group and nearly 5% for Maanshan Iron & Steel, reaching new highs [1] - Guotai Junan released a report indicating that demand is expected to gradually bottom out, and the steel industry has been experiencing prolonged losses, leading to market-driven supply adjustments [1] - The implementation of new national standards for rebar in September has created panic regarding the inventory and sales of old standard rebar, with expectations that market prices will stabilize as previous declines have absorbed negative sentiments [1] Group 2 - Specific stock performance includes Zhaogang Group at 4.210 with an increase of 8.51%, Maanshan Iron & Steel at 2.650 with an increase of 4.74%, and China Oriental Group at 1.910 with an increase of 3.80% [2] - Other notable performers include Angang Steel at 2.370 with an increase of 2.16%, and China Rare Earth at 2.510 with an increase of 0.80% [2]

Industry Overview - The Hong Kong steel stocks continue to rise, with notable increases such as 8.5% for Zhaogang Group, nearly 5% for Maanshan Iron & Steel, and 3.8% for China Oriental Group [1][1][1] - The report from Guotai Junan indicates that demand is expected to gradually bottom out, and the steel industry has been experiencing prolonged losses, leading to market-driven supply adjustments [1][1][1] - If supply policies are implemented, the contraction of supply will accelerate, facilitating a quicker recovery for the industry [1][1][1] Market Sentiment - The upcoming implementation of new national standards for rebar in September has created panic regarding the inventory and sales of the old standard rebar [1][1][1] - The China Iron and Steel Association has issued six initiatives to stabilize market sentiment among industry stakeholders [1][1][1] - Due to previous declines having largely absorbed negative sentiment, steel companies are reducing production amid losses, leading to structural shortages of the old standard rebar, with expectations that market prices will reach a bottom [1][1][1] Stock Performance - Zhaogang Group (06676) latest price: 4.210, up 8.51% - Maanshan Iron & Steel (00323) latest price: 2.650, up 4.74% - China Oriental Group (00581) latest price: 1.910, up 3.80% - Ansteel (00347) latest price: 2.370, up 2.16% - Other notable stocks include Huajin International Holdings (02738) up 1.49%, Tiangong International (00826) up 1.00%, and China Hanking Holdings (03788) up 0.80% [1][1][1]

Group 1 - The steel sector in Hong Kong has seen significant gains, with Maanshan Iron & Steel rising nearly 13%, and other companies like Da Ming International and Ansteel also experiencing notable increases [1][2] - According to a report from Xinda Securities, despite the steel industry facing challenges such as prominent supply-demand contradictions and overall profit decline, the demand for steel is expected to remain stable or even slightly increase due to supportive factors like real estate stabilization, steady infrastructure investment, ongoing manufacturing development, and high steel exports [1] - The report suggests that the overall supply-demand situation in the steel industry is likely to remain stable, with expectations of tightening supply under the backdrop of policy controls and increasing industry concentration [1] Group 2 - The report indicates a positive outlook for the steel industry's structure, highlighting that some companies are currently undervalued, presenting structural investment opportunities, particularly for high-margin special steel enterprises and leading steel companies with strong cost control and scale effects [1] - The potential for valuation recovery in the future is emphasized, maintaining an optimistic rating for the industry [1]