Core Viewpoint - Ansteel Co., Ltd. has experienced fluctuations in its stock price, with a year-to-date increase of 7.92% but a recent decline over the past five and twenty trading days [2]. Group 1: Stock Performance - On September 29, Ansteel's stock rose by 2.37%, reaching 2.59 CNY per share, with a trading volume of 84.93 million CNY and a turnover rate of 0.42%, resulting in a total market capitalization of 24.27 billion CNY [1]. - Year-to-date, Ansteel's stock price has increased by 7.92%, while it has decreased by 1.52% over the last five trading days and 2.26% over the last twenty trading days [2]. Group 2: Financial Performance - For the first half of 2025, Ansteel reported operating revenue of 48.599 billion CNY, a year-on-year decrease of 12.35%, while the net profit attributable to shareholders was -1.144 billion CNY, showing a year-on-year increase of 57.46% [2]. - Cumulatively, Ansteel has distributed 21.437 billion CNY in dividends since its A-share listing, with 6.392 million CNY distributed over the past three years [3]. Group 3: Shareholder Information - As of June 30, 2025, Ansteel had 96,100 shareholders, a decrease of 2.29% from the previous period, with an average of 0 circulating shares per shareholder [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited holds 52.675 million shares, a decrease of 15.5204 million shares from the previous period, while Southern CSI 500 ETF increased its holdings to 35.781 million shares, an increase of 5.1317 million shares [3].

Core Viewpoint - The steel sector in Hong Kong is experiencing a decline, with major companies like Maanshan Iron & Steel and Angang Steel seeing significant drops in stock prices following the release of a new growth plan by the Ministry of Industry and Information Technology, which sets a target for average annual growth in the industry at around 4% for the next two years [1][1][1] Group 1: Market Reaction - Major steel stocks have seen substantial declines, with Maanshan Iron & Steel down 5.41% to HKD 2.45, Angang Steel down 5.48% to HKD 2.07, and Chongqing Steel down 5.04% to HKD 1.32 [1][1][1] - The market's reaction is attributed to the new growth plan emphasizing a controlled growth rate and a prohibition on new capacity, which contrasts with current industry growth rates and market expectations [1][1][1] Group 2: Policy Implications - The "Steel Industry Stabilization and Growth Work Plan (2025-2026)" aims for an average annual growth of around 4% and focuses on "stabilizing growth and preventing internal competition," providing a clear path for structural adjustment and high-quality development in the steel industry [1][1][1] - Analysts from CITIC Futures noted that the emphasis on maintaining a 4% growth rate and the ban on new capacity has led to a cooling of "anti-involution" sentiment, resulting in a slight price correction in the sector [1][1][1] - Galaxy Securities highlighted that under the ongoing supply-side reforms, steel production capacity is increasingly concentrating among high-quality leading companies [1][1][1]

Group 1 - Steel stocks experienced significant declines, with Maanshan Iron & Steel Co. down 5.41% to HKD 2.45, Angang Steel Co. down 5.48% to HKD 2.07, and Chongqing Iron & Steel down 5.04% to HKD 1.32 [1] - The Ministry of Industry and Information Technology and other departments issued the "Steel Industry Growth Stabilization Work Plan (2025-2026)", setting an average annual growth target of around 4% for the industry's added value over the next two years [1] - The plan emphasizes "stabilizing growth and preventing internal competition", providing a clear implementation path for structural adjustment and high-quality development in the Chinese steel industry [1] Group 2 - CITIC Futures noted that the introduction of the "Steel Industry Growth Stabilization Work Plan" emphasizes a 4% average annual growth in industry added value and prohibits new production capacity, leading to a cooling of "anti-internal competition" sentiment and a slight price adjustment in the sector [1] - Galaxy Securities believes that under the ongoing supply-side anti-internal competition, steel industry capacity continues to concentrate towards high-quality leading companies [1]

Group 1 - Steel stocks experienced significant declines, with Maanshan Iron & Steel Co. down 5.41% to HKD 2.45, Angang Steel Co. down 5.48% to HKD 2.07, and Chongqing Iron & Steel Co. down 5.04% to HKD 1.32 [1] - The Ministry of Industry and Information Technology and other departments issued the "Steel Industry Stabilization and Growth Work Plan (2025-2026)", setting an average annual growth target of around 4% for the industry's added value over the next two years [1] - The plan emphasizes "stabilizing growth and preventing internal competition", providing a clear implementation path for structural adjustments and high-quality development in the Chinese steel industry [1] Group 2 - CITIC Futures noted that the introduction of the "Steel Industry Stabilization and Growth Work Plan (2025-2026)" aligns with current industry growth rates and market expectations, leading to a cooling of "anti-internal competition" sentiment and a slight price correction in the sector [1] - Galaxy Securities believes that under the ongoing supply-side anti-internal competition, steel industry capacity will continue to concentrate on high-quality leading companies [1]

Core Viewpoint - Ansteel Co., Ltd. has shown fluctuations in stock performance, with a recent increase in share price and notable changes in shareholder structure and financial performance [1][2][3]. Financial Performance - As of June 30, 2025, Ansteel reported operating revenue of 48.599 billion yuan, a year-on-year decrease of 12.35% [2]. - The company experienced a net profit attributable to shareholders of -1.144 billion yuan, which represents a year-on-year increase of 57.46% [2]. Stock Performance - Ansteel's stock price increased by 9.17% year-to-date, but has seen a decline of 1.87% over the last five trading days and 4.38% over the last twenty days [1]. - The stock was trading at 2.62 yuan per share, with a market capitalization of 24.547 billion yuan [1]. Shareholder Structure - As of June 30, 2025, the number of shareholders decreased by 2.29% to 96,100 [2]. - The top ten circulating shareholders include Hong Kong Central Clearing Limited and Southern CSI 500 ETF, with notable changes in their holdings [3]. Dividend Distribution - Ansteel has cumulatively distributed 21.437 billion yuan in dividends since its A-share listing, with 6.392 million yuan distributed over the last three years [3]. Business Overview - Ansteel is primarily engaged in black metal smelting and steel rolling processing, with steel products accounting for 88.87% of its main business revenue [1].

Group 1 - Ansteel Corporation (鞍钢股份) announced the appointment of Tian Yong as an executive director, approved by shareholders at an extraordinary general meeting [1] - The appointment will take effect on September 19, 2025 [1]

Group 1 - An announcement was made by Angang Steel Company (鞍钢股份) regarding the appointment of Mr. Tian Yong as an executive director, which was approved by shareholders at an extraordinary general meeting through an ordinary resolution [1]

Group 1 - The company Ansteel Group Corporation (鞍钢股份) announced the appointment of Mr. Tian Yong as an executive director, approved by shareholders at an extraordinary general meeting [1] - The appointment will take effect on September 19, 2025 [1]

執行董事 王 軍 （董 事 長） 田 勇 李景東 非執行董事 獨立非執行董事 王旺林 朱克實 胡彩梅 劉朝建 （股份編號：0347） 董事名單與其角色和職能 鞍 鋼 股 份 有 限 公 司 董 事 會（「董事會」）成 員 載 列 如 下： 董 事 會 設 立 四 個 委 員 會。下 表 提 供 各 董 事 會 成 員 在 各 委 員 會 中 所 擔 任 的 職 位： | 委員會 | 薪酬與 | | 審計與 | | | --- | --- | --- | --- | --- | | 董 事 | 考核委員會 | 提名委員會 | 風險委員會 | 戰略委員會 | | 王 軍 | 成 員 | 成 員 | | 主 席 | | 田 勇 | | | | | | 李景東 | | | | | | 譚宇海 | 成 員 | 成 員 | 成 員 | 成 員 | | 王旺林 | | | | 成 員 | | 朱克實 | 成 員 | 成 員 | 主 席 | 成 員 | | 胡彩梅 | 主 席 | 成 員 | 成 員 | 成 員 | | 劉朝建 | 成 員 | 主 席 | 成 員 | 成 員 | | 趙忠民 | | | 成 員 | | 二零二 ...

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） 公 告 二零二五年九月十九日舉行的 二零二五年第三次臨時股東會表決結果 董 事 會 欣 然 宣 佈，臨 時 股 東 會 通 告 所 載 於 二 零 二 五 年 九 月 十 九 日 舉 行的二零二五年第三次臨時股東會之建議決議案已經本公司股東以 投 票 表 決 方 式 正 式 通 過。 合 共445名 股 東 或 其 代 理 人 出 席 了 臨 時 股 東 會，合 共 持 有5,355,444,249股 股 份，約 佔 具 有 投 票 權 的 股 份 總 數 的57.16%。其 中，444名 為A股 持 有 人， 合共持有5,145,470,504股 股 份，約 佔 具 有 投 票 權 的 股 份 總 數 的54.92%，1 名 為H股 持 有 人，合 共 持 有209,973,745股 股 份，約 佔 具 有 投 ...