Financial Performance - The company's operating revenue for Q1 2025 was CNY 6,614,111,791.79, a decrease of 14.51% compared to CNY 7,736,437,619.53 in the same period last year[5] - The net profit attributable to shareholders was a loss of CNY 117,415,223.32, an improvement from a loss of CNY 333,758,307.26 in the previous year[5] - The company achieved a profit of CNY 5,130,000 in March 2025, marking a turnaround from previous losses[7] - Operating profit for Q1 2025 was a loss of approximately ¥111.10 million, an improvement from a loss of ¥324.22 million in Q1 2024[27] - Net profit for Q1 2025 was a loss of approximately ¥117.42 million, compared to a loss of ¥333.76 million in Q1 2024, indicating a significant reduction in losses[27] - The company reported a net loss of CNY 12,282,614,111.63 as of March 31, 2025, compared to a loss of CNY 12,165,198,888.31 at the end of 2024[24] Cash Flow - The net cash flow from operating activities was CNY 408,717,209.61, a significant recovery from a negative cash flow of CNY 832,893,230.43 in the same period last year[5] - Cash flow from operating activities for Q1 2025 was approximately ¥408.72 million, a significant recovery from a negative cash flow of ¥832.89 million in Q1 2024[33] - Cash inflow from financing activities was 536,532,239.67 CNY, down from 727,700,000.00 CNY in the previous period[34] - The net cash flow from financing activities was 15,701,282.92 CNY, compared to -26,991,635.16 CNY previously[35] - The ending cash and cash equivalents balance was 2,849,766,372.57 CNY, up from 773,365,182.88 CNY year-over-year[35] Assets and Liabilities - The total assets at the end of the reporting period were CNY 35,382,025,206.81, a slight decrease of 0.27% from CNY 35,479,243,942.55 at the end of the previous year[7] - The total liabilities as of March 31, 2025, were CNY 18,883,239,180.56, slightly up from CNY 18,872,607,958.20, showing a marginal increase of 0.06%[23] - The total equity attributable to shareholders decreased to CNY 16,498,786,026.25 from CNY 16,606,635,984.35, a decline of approximately 0.65%[24] - The total current liabilities were CNY 16,895,346,238.28, a slight decrease from CNY 16,927,242,278.46, reflecting a reduction of about 0.19%[22] - The total liabilities and shareholders' equity amounted to CNY 35,132,638,076.88 as of the latest reporting period[43] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 180,503[12] - The largest shareholder, Chongqing Changshou Steel Co., Ltd., holds 23.69% of the shares[14] Operational Efficiency - The company has implemented measures to enhance operational efficiency and reduce costs, which contributed to the reduction in losses[11] Research and Development - Research and development expenses for Q1 2025 were approximately ¥5.95 million, down 41.5% from ¥10.13 million in Q1 2024[26] - Research and development expenses in Q1 2025 were CNY 5,953,818.74, down from CNY 10,130,322.07 in Q1 2024, showing a reduction of 41.5%[44] Other Income and Expenses - The company received government subsidies amounting to CNY 604,900.93, which were recognized as non-operating income[8] - The company reported other income of approximately ¥20.35 million in Q1 2025, an increase from ¥19.05 million in Q1 2024[27] - The company reported interest expenses of CNY 49,097,020.62 in Q1 2025, compared to CNY 45,990,470.00 in Q1 2024, indicating a slight increase of 4.6%[44]

重庆钢铁（601005）公告，2025年第一季度营业收入66.14亿元，同比下降14.51%。归属于上市公司股 东的净亏损1.17亿元，去年同期净亏损3.34亿元。经营活动产生的现金流量净额4.09亿元，去年同期净 流出8.33亿元。基本每股收益-0.01元/股，去年同期-0.04元/股。 ...

钢铁股集体重挫，截至发稿，马鞍山钢铁股份(00323)跌19.44%，报1.45港元；鞍钢股份（000898） (00347)跌17.96%，报1.37港元；中国东方集团(00581)跌17.19%，报1.06港元；重庆钢铁（601005）股份 (01053)跌16.09%，报0.73港元。 民生证券指出，贸易摩擦担忧升级，钢材价格承压。4月2日，特朗普宣布对贸易伙伴征收所谓的"对等 关税"措施，4月9日将实施34%所谓的"对等关税"。钢铁产品不受本次关税约束，但其下游制成品将受 到关税影响。根据钢联测算，2024年钢铁间接对美出口约1000万吨，其他国家对美出口的钢材也有部分 来自于中国，整体影响量预计不低于2000万吨，约占总需求的2%。长期来看，粗钢仍有产量调控预 期，原料端铁矿、焦煤供给趋于宽松，若限产幅度超过2000万吨，钢企盈利能力有望修复。 信达证券（601059）表示，虽然钢铁行业现阶段面临供需矛盾突出等困扰，行业利润整体下行，但伴随 系列"稳增长"政策纵深推进，钢铁需求总量有望在房地产筑底企稳、基建投资稳中有增、制造业持续发 展、钢铁出口高位等支撑下保持平稳或甚至边际略增，反观平控政策预期下 ...

Financial Performance - The company reported a net loss of RMB 3.169 billion for the fiscal year ending December 31, 2024, with retained earnings at RMB -12.335 billion, leading to no profit distribution for the year [3]. - Operating revenue fell by 30.71% to RMB 27.244 billion from RMB 39.318 billion in the previous year [14]. - The net profit attributable to shareholders was RMB -3.196 billion, a significant decline from RMB -1.494 billion in 2023 [14]. - The weighted average return on equity decreased to -17.53%, down from -7.26% in the previous year, indicating a significant decline in profitability [14]. - The company reported a significant increase in accounts payable, rising from RMB 3.887 billion in 2023 to RMB 4.960 billion in 2024, an increase of about 28% [76]. - Operating loss for 2024 was RMB 3.32 billion, compared to a loss of RMB 1.76 billion in 2023, indicating a worsening financial performance [83]. - Net loss attributable to shareholders for 2024 was RMB 3.20 billion, compared to a loss of RMB 1.49 billion in 2023, reflecting a significant increase in losses [83]. - The company reported a significant asset impairment loss of RMB 1.23 billion in 2024, significantly higher than RMB 303.33 million in 2023 [81]. Revenue and Sales - The company reported a total revenue of RMB 27.24 billion, a decrease of 30.71% compared to the previous year [26]. - The sales volume of finished products was 7.5994 million tons, a decrease of 26.14% year-on-year [26]. - The average selling price of finished products was RMB 3,367 per ton, a decrease of 7.45% year-on-year, leading to a revenue loss of RMB 2.481 billion [29]. - The company’s main business revenue for 2024 was RMB 26.998 billion, a decrease of 30.83% year-on-year [29]. - The total revenue for 2024 was RMB 26,997,779 thousand, a decrease of 30.83% compared to RMB 39,030,451 thousand in 2023 [30]. - The sales volume of total products in 2024 was 759.94 million tons, down 26.14% from 1,028.95 million tons in 2023 [31]. - The revenue from board materials was RMB 8,355,106 thousand in 2024, down 13.01% from RMB 9,604,212 thousand in 2023 [30]. Assets and Liabilities - Total assets decreased by 5.03% to RMB 35.479 billion compared to RMB 37.357 billion in 2023 [14]. - Current liabilities increased from RMB 13.864 billion in 2023 to RMB 16.927 billion in 2024, representing an increase of about 22% [76]. - The company's total liabilities increased from RMB 17.503 billion in 2023 to RMB 18.873 billion in 2024, marking an increase of about 8% [76]. - The company's fixed assets decreased from RMB 26.159 billion in 2023 to RMB 24.524 billion in 2024, a decline of approximately 6% [74]. - The total equity decreased from RMB 19,644,531,907.31 in 2023 to RMB 16,405,789,675.35 in 2024, indicating a decline of approximately 16.5% [99]. Cash Flow - Cash flow from operating activities increased by 28.16% to RMB 1.310 billion, up from RMB 1.022 billion in 2023 [14]. - Net cash from financing activities improved significantly to RMB 459,916 thousand from a negative RMB 2,327,132 thousand in the previous year, due to new borrowings [49]. - Cash and cash equivalents increased by RMB 980,577 thousand, reversing a decline of RMB 2,106,168 thousand in the prior year [49]. - The net cash flow from operating activities was RMB 1,309,863,359.77 in 2024, compared to RMB 1,022,038,551.21 in 2023, indicating a year-over-year increase of approximately 28.2% [89]. - Cash inflow from financing activities totaled RMB 2.48 billion in 2024, slightly higher than RMB 2.45 billion in 2023 [109]. Research and Development - Research and development expenses increased by 30.78% to RMB 41.784 million due to the addition of new projects [28]. - The number of R&D personnel was 921, representing 16.73% of the total workforce [41]. - R&D investment for 2024 is projected at RMB 1,045,009 thousand, with RMB 41,784 thousand allocated to R&D expenses [47]. - Research and development expenses increased to approximately RMB 37.98 million in 2024, up from RMB 29.43 million in 2023, highlighting a focus on innovation [102]. Market and Industry Outlook - The domestic steel industry continues to face challenges characterized by high production costs and low demand, impacting overall market conditions [11]. - The company anticipates a challenging external environment in 2025, with increased trade protectionism and economic recession risks [55]. - The steel industry is expected to face continued policy constraints, with a focus on capacity optimization and mergers to reduce competition [55]. - The company has identified a trend towards accelerated mergers in the industry, aiming to form regional or niche market leaders [55]. Strategic Initiatives - The company aims to enhance operational efficiency through intelligent systems and cost management strategies in response to industry challenges [11]. - The company emphasizes cost reduction and efficiency improvement as key strategies to mitigate risks from global economic uncertainties and fluctuating raw material prices [60]. - The company plans to produce 6.67 million tons of iron, 8.01 million tons of steel, and 7.73 million tons of materials by 2025 [58]. - The company aims to achieve zero accidents in safety production by enhancing safety management and control [59]. - The company will focus on green development by creating energy efficiency benchmarks and establishing a model steel plant for energy conservation and emission reduction [59].

重庆钢铁股份有限公司 2024 年度独立董事履职报告 （盛学军） 本人盛学军，作为重庆钢铁股份有限公司（简称"公司"）独立 董事，严格遵照《中华人民共和国公司法》《上市公司独立董事管理 办法》《上海证券交易所股票上市规则》《香港联合交易所有限公司证 券上市规则》等法律法规及《公司章程》的规定，充分利用专业知识 和技能，本着独立、客观、公正的原则，忠实勤勉地履行职责，促进 公司规范运作，切实维护公司、股东尤其是中小股东合法权益，现就 2024 年度履职情况报告如下： 一、独立董事的基本情况 本人盛学军，1969 年 8 月生，现任公司独立董事，西南政法大 学教授、博士生导师，兼任重庆市人大常委会立法咨询专家，深圳市 中级人民法院、重庆市第五中级人民法院咨询专家，重庆啤酒股份有 限公司、重庆再升科技股份有限公司独立董事。 本人于 2021 年 8 月 12 日起任公司独立董事，2024 年 6 月 27 日 获选连任，并兼任公司董事会提名委员会主席，董事会审计委员会委 员和董事会薪酬与考核委员会委员。 作为公司独立董事，本人不存在《上市公司独立董事管理办法》 《上海证券交易所上市公司自律监管指引第 1 号——规范 ...

北京市中伦（重庆）律师事务所 关于重庆钢铁股份有限公司 2024 年第二次临时股东大会 2024 年第一次 A 股类别股东大会 2024 年第一次 H 股类别股东大会的 法律意见书 二〇二四年十二月 北京市中伦（重庆）律师事务所 关于重庆钢铁股份有限公司 2024 年第二次临时股东大会、2024 年第一次 A 股类别股东大会、 1 法律意见书 本法律意见书仅供公司本次股东大会之目的使用，不得被其他任何人用于其 他任何目的。本所律师同意将法律意见书随公司本次股东大会其他信息披露资料 予以公告。 本所律师根据现行有效的中国法律、法规及规范性文件的要求，按照中国律 师行业公认的业务标准、道德规范和勤勉尽责精神，对公司提供的本次股东大会 相关文件和有关事实进行了核查和验证，现就本次股东大会出具的法律意见如下： 一、本次股东大会的召集、召开程序 （一）本次股东大会的召集 1. 本次股东大会由 2024 年 12 月 9 日召开的公司第十届董事会第九次会议 作出决议召集。 2024 年第一次 H 股类别股东大会的 法律意见书 致：重庆钢铁股份有限公司 北京市中伦（重庆）律师事务所（以下简称"本所"）受重庆钢铁股份有限 公 ...

证券代码：601005 股票简称：重庆钢铁 公告编号：2024-062 重庆钢铁股份有限公司 Chongqing Iron & Steel Company Limited （在中华人民共和国注册成立的股份有限公司） 第十届监事会第六次会议决议公告 本次会议表决并通过《关于董事、监事及高级管理人员 2024-2026 年薪酬方案的议案》。 公司根据战略发展、生产经营目标，拟定了 2024-2026 年董 事、监事及高级管理人员薪酬方案。 表决结果：同意 5 票，反对 0 票，弃权 0 票。 公司 2024-2026 年董事、监事薪酬方案作为《关于董事、监 事 2024-2026 年薪酬方案的议案》提交股东大会审议。 特此公告。 重庆钢铁股份有限公司监事会 本公司监事会及全体监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法律责任。 一、会议召开情况 重庆钢铁股份有限公司（简称"公司"）第十届监事会第六次会议于 2024 年 11 月 25 日以书面传签方式召开，会议通知已于 2024 年 11 月 20 日以电子邮件方式发出。本次会议由吴小平主席召集，会议应 ...

Financial Performance - Operating revenue for the third quarter was CNY 5,512,047,598.34, a decrease of 38.88% compared to the same period last year[3]. - Net profit attributable to shareholders of the listed company was a loss of CNY 660,538,170.33 for the quarter, with a cumulative loss of CNY 1,349,750,756.89 year-to-date[3]. - Total revenue for the first three quarters of 2024 was CNY 20,598,066,793.49, a decrease from CNY 30,012,810,005.27 in the same period of 2023, representing a decline of approximately 31.3%[19]. - Net profit for the first three quarters of 2024 was CNY -1,349,750,756.89, compared to CNY -592,322,396.82 in the same period of 2023, indicating a worsening of approximately 128.3%[23]. - Operating profit for the first three quarters of 2024 was CNY -1,591,661,400.94, compared to CNY -697,912,750.15 in the same period of 2023, reflecting an increase in losses of approximately 128.5%[23]. - Total comprehensive income for the first three quarters of 2024 was CNY -1,349,750,756.89, compared to CNY -588,072,396.82 in the same period of 2023, indicating a worsening of approximately 129.1%[24]. Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date period was CNY 1,090,217,210.52, an increase of 124.53% compared to the same period last year[3]. - Cash flow from operating activities for the first three quarters of 2024 was CNY 1,090,217,210.52, a significant increase from CNY 485,559,661.12 in the same period of 2023, representing an increase of approximately 124.8%[27]. - The total cash inflow from operating activities for the first three quarters of 2024 was CNY 18,871,268,090.17, down from CNY 34,033,125,253.99 in the same period of 2023, representing a decrease of approximately 44.5%[26]. - The cash inflow from financing activities in the first three quarters of 2024 was 1,340,458,957.12 RMB, down from 2,200,000,000.00 RMB in 2023, reflecting a significant decrease of approximately 39.1%[29]. - The net cash flow from financing activities improved to 95,919,821.38 RMB in 2024, compared to a negative cash flow of -1,166,508,587.31 RMB in 2023, showing a turnaround in financing operations[29]. - The company's cash and cash equivalents increased to 2,419,074,633.71 RMB by the end of September 2024, compared to 2,706,075,242.17 RMB at the end of 2023, indicating a decrease of about 10.6%[29]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 35,914,510,869.26, reflecting a decrease of 3.86% from the previous year-end[3]. - Total current assets decreased to ¥5,142,598,207.08 from ¥6,051,987,303.55, reflecting a decline of approximately 15%[14]. - Total current liabilities rose to ¥16,164,867,199.61 from ¥13,863,584,109.59, an increase of approximately 16.6%[16]. - Non-current liabilities decreased to ¥1,295,479,969.13 from ¥3,639,119,621.10, a reduction of about 64.4%[17]. - Total liabilities slightly decreased to ¥17,460,347,168.74 from ¥17,502,703,730.69, a decrease of approximately 0.2%[17]. - The company's total equity decreased to ¥18,454,163,700.52 from ¥19,854,330,951.97, a decrease of approximately 7%[18]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 162,854[8]. - The largest shareholder, Chongqing Changshou Iron & Steel Co., Ltd., holds 23.51% of the shares[8]. Operational Insights - The company reported a significant decline in sales volume and prices of commodity steel products, contributing to the drop in revenue[6]. - Research and development expenses for the first three quarters of 2024 were CNY 5,096,513.47, down from CNY 6,379,094.14 in the same period of 2023, indicating a decrease of approximately 20.1%[21]. - The company aims to enhance market expansion and product development strategies in response to the current financial performance[36].

重要内容提示： 证券代码：601005 证券简称：重庆钢铁 公告编号：2024-054 重庆钢铁股份有限公司 关于召开 2024 年半年度业绩说明会的公告 本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法律责任。 会议召开时间：2024 年 10 月 15 日(星期二)上午 11:00-12:00 会议召开地点：上海证券交易所上证路演中心（网址： https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2024 年 10 月 08 日(星期二)至 10 月 14 日(星期 一)16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或 通过公司邮箱 ir_601005@baowugroup.com 进行提问。公司将在说明 会上对投资者普遍关注的问题进行回答。 重庆钢铁股份有限公司（以下简称"公司"）已于 2024 年 8 月 31 日发布公司 2024 年半年度报告，为便于广大投资者更全面深入地 了解公司 2024 年上半年经营成果、财务状况，公司计划于 2024 年 10 月 ...

Financial Performance - The operating revenue for the first half of 2024 was ¥15,086,019,195.15, a decrease of 28.14% compared to ¥20,994,831,477.22 in the same period last year[15]. - The net profit attributable to shareholders of the listed company was -¥689,212,586.56, compared to -¥434,740,206.19 in the previous year, indicating a worsening financial performance[16]. - The total profit for the group in the first half of 2024 was a loss of RMB 813 million, a decrease of RMB 298 million year-on-year[37]. - The company reported a basic and diluted earnings per share of -0.08 CNY, compared to -0.05 CNY in the same period last year, indicating a decrease[19]. - The weighted average return on equity decreased to -3.54%, down 1.48 percentage points from -2.06% in the previous year[19]. - The company's operating revenue for the first half of 2024 was RMB 15.09 billion, a decrease of 28.14% compared to RMB 21.00 billion in the same period last year[35]. - The company reported a significant decline in sales across various steel products, with plate sales down 6.10%, hot rolled down 4.97%, and rebar down 100%[43]. - The company reported a net loss of CNY 702.11 million for the first half of 2024, compared to a net loss of CNY 446.17 million in the same period of 2023, indicating a 57.3% increase in losses[181]. Cash Flow and Assets - The net cash flow from operating activities increased by 98.48%, reaching ¥822,749,668.37, up from ¥414,520,654.04 in the same period last year[17]. - The company's cash flow from operating activities for the first half of 2024 was RMB 822,749,668.37, an increase from RMB 414,520,654.04 in the same period of 2023[169]. - The company's cash and cash equivalents at the end of the period were RMB 2,092,148,155.40, representing 5.73% of total assets, an increase of 8.10%[48]. - The total assets at the end of the reporting period were ¥36,496,090,054.00, a decrease of 2.30% from ¥37,357,034,682.66 at the end of the previous year[18]. - The total cash balance is approximately ¥187.70 million, with restricted cash due to margin and frozen deposits[53]. - The company’s total assets at the end of the reporting period were approximately RMB 20.71 billion, compared to RMB 21.16 billion at the end of the first half of 2023[184]. Operational Efficiency and Cost Management - The company aims to enhance operational efficiency and reduce costs amidst a challenging production environment, adhering to its operational principles[29]. - The company aims to reduce costs by RMB 200 per ton of steel through ongoing cost-cutting initiatives[37]. - Financing costs decreased by 5.6% compared to the beginning of the year, reflecting effective cost management strategies[32]. - The company achieved a self-generated power rate of 88.22%, an increase of 3.33% from the previous year, with a record high of 95.36% in February[30]. - Research and development expenses increased by 34.88% to RMB 19.64 million, reflecting a greater investment in R&D projects[35]. Market and Industry Context - The steel industry faced challenges with crude steel production decreasing by 1.1% to 531 million tons, while steel prices continued to decline[23]. - The company maintained its focus on high-end production, intelligent upgrades, green transformation, and efficient development in response to industry downturns[25]. - The company operates in a favorable geographical location in Chongqing, benefiting from logistics advantages and government policies supporting regional development[27]. - The company’s products are well-recognized in the southwestern market, with applications in major infrastructure projects such as the Yuwang High-speed Railway and Yunyang Fuxing Yangtze River Bridge[28]. Environmental and Social Responsibility - The company reported total pollutant emissions for the first half of 2024 did not exceed the permitted total indicators[69]. - The company achieved a reduction in comprehensive energy consumption to 501.64 kgce/t in the first half of 2024, down 2.2% from 512.95 kgce/t in 2023[78]. - The company donated 520,000 yuan for housing repairs and road lighting projects in nine villages to improve living conditions[79]. - The company has implemented a self-monitoring plan for environmental risks, covering water, air, soil, and noise[76]. Corporate Governance and Management Changes - The company appointed Hu Enlong and He Hongxia as employee representative supervisors for the tenth supervisory board[65]. - The company experienced changes in senior management, including the resignation of Chairman Xie Zhixiong and Director Zou An due to work adjustments[66]. - The company will submit the newly elected directors and supervisors for shareholder meeting approval[66]. - The company has adhered to the corporate governance code as per the Hong Kong Stock Exchange regulations during the reporting period[133]. Related Party Transactions - The total amount of related party transactions reached approximately 2.19 billion, with a significant portion being procurement of raw materials[115]. - The company engaged in significant related transactions with various partners, including sales to Guangdong Guangwu Zhongnan Building Materials Group Co., Ltd. totaling CNY 997.11 million, and Shanghai Ouye Material Technology Co., Ltd. totaling CNY 890.51 million[112]. - The company has a maximum daily deposit limit of 2 billion yuan with related parties, with a total deposit amount of 3,435,167,418.62 yuan during the reporting period[126]. Shareholder Information - The largest shareholder, Chongqing Changshou Steel Co., Ltd., held 2,096,981,600 shares, representing 23.51% of the total shares[143]. - As of June 30, 2024, the total number of ordinary shareholders was 162,405[141]. - The company did not declare any interim dividend for the six months ending June 30, 2024, due to accumulated undistributed profits remaining negative[135].