Market Overview - The Hong Kong stock market showed mixed performance with the Hang Seng Index rising by 0.62% to 24,221.41 points, while the Hang Seng Tech Index fell by 0.64% to 5,269.11 points, indicating a shift from a structural market to a broader rally requiring stronger fundamental support and policy catalysts [1] Blue Chip Performance - Xinyi Solar (00968) led blue-chip stocks with a rise of 10.84% to HKD 2.76, contributing 1.83 points to the Hang Seng Index. Other notable performers included Xinyi Glass (00868) up 9.55% and Sands China (01928) up 6% [2] - The central financial committee emphasized the need to address low-price competition in the photovoltaic glass industry, which is expected to lead to a collective production cut of 30% starting in July [2][4] Sector Highlights - The photovoltaic sector saw significant gains, with major companies like Fuyat Glass (06865) and Xinyi Solar (00968) rising by 11.01% and 10.84% respectively, amid news of production cuts [4] - Steel stocks surged, particularly Chongqing Steel (01053) which rose by 91.11%, driven by rumors of production limits in Tangshan [3] - The Macau gaming sector reported a 19% year-on-year increase in gross gaming revenue for June, with major operators like Sands China (01928) and Wynn Macau (01128) seeing substantial gains [5] Commodity and Automotive Sector - Gold prices surged above USD 3,350, while copper prices reached a peak of USD 9,984, influenced by geopolitical tensions and low inventory levels [6] - Automotive stocks showed mixed results, with Great Wall Motors (02333) and Geely (00175) rising, while Li Auto (02015) fell by 3.18% [6] Notable Stock Movements - Nayuki Tea (02150) experienced a significant increase of 33.33% to HKD 1.68, driven by strong sales growth [7] - IFBH (06603) rose by 20.38% amid expectations of inclusion in the Hong Kong Stock Connect [8] - New World Development (00017) increased by 9.82% following the announcement of a refinancing agreement covering HKD 88.2 billion in existing debt [9] - CIMC (02039) reached a new high, gaining 5.16% as the central government promotes high-quality development in the marine economy [10] - Kingsoft (03888) saw a decline of 9.66% after the launch of a new game, with mixed reviews affecting market confidence [11]

Group 1 - The Hang Seng Index closed up 0.62%, while the Hang Seng Tech Index fell by 0.64% [1] - The total market turnover reached 240.225 billion HKD [1] - Steel sector stocks saw significant gains, with Chongqing Steel (01053.HK) rising over 90%, Ansteel (00347.HK) up over 12%, and China Oriental Group (00581.HK) increasing over 11% [1] Group 2 - Technology stocks generally declined, with Kingsoft (03888.HK) down 9.66%, Li Auto (02015.HK) and Hua Hong Semiconductor (01347.HK) both falling over 3% [1] - Major tech companies like Tencent (00700.HK), NetEase (09999.HK), and Kuaishou (01024.HK) also closed in the red [1]

Market Overview - The Hang Seng Index closed up by 0.62% [1] - The Hang Seng Tech Index closed down by 0.64% [1] Steel Sector Performance - The steel sector saw significant gains in the afternoon session [1] - Chongqing Steel (01053.HK) surged over 90% [1] - Ansteel (00347.HK) and China Oriental Group (00581.HK) both rose over 10% [1]

Group 1 - The Hang Seng Index rose by 0.62% [1] - The Hang Seng Tech Index fell by 0.64% [1] - Chongqing Steel's shares increased by over 90% [1] - Nayuki's Tea shares rose by over 33% [1] - Dongfang Zhenxuan's shares increased by over 9% [1] - Hongye Futures shares dropped by over 13% [1] - Kingsoft shares fell by over 9% [1]

Group 1 - Chongqing Iron and Steel Co., Ltd. (01053.HK) increased by 92% [1] - Ansteel Co., Ltd. (00347.HK) rose by 46% [1] - Maanshan Iron and Steel Co., Ltd. (00323.HK) saw an increase of 8% [1] Group 2 - The domestic futures market for black metals showed a strong performance across the board [1] - The main contract for silicon iron rose nearly 2% [1]

Meeting Overview - The 15th meeting of the 10th Board of Directors of Chongqing Iron & Steel Company Limited was held on June 30, 2025, via written signature, with all 9 directors present [1][2] - The meeting's convening and procedures complied with relevant laws and regulations [1] Resolutions Passed - The board approved the performance responsibility letter for management personnel for the year 2025, authorizing the chairman to sign it on behalf of the company [1] - The resolution regarding the performance responsibility letter received 7 votes in favor, with no votes against or abstentions [1] - A financial derivatives trading plan for 2025 was also approved to enhance the company's ability to manage price and exchange rate fluctuation risks [2] - This financial derivatives trading plan received unanimous approval with 9 votes in favor [2]

Core Viewpoint - The company plans to implement a financial derivatives trading plan for 2025 to enhance its ability to manage price and exchange rate fluctuations, thereby improving financial stability [1][2][3] Summary by Sections Trading Purpose - The objective is to improve the company's capability to respond to price and exchange rate volatility, better hedge against risks, and enhance financial robustness [2][3] - The steel market has experienced significant price fluctuations, with historical price ranges between 500-1300 RMB per ton, posing challenges for sales and inventory management [2] Trading Instruments and Scale - The trading instruments include iron ore futures, hot-rolled coil futures, forward foreign exchange contracts, and currency swaps [1][2] - The planned trading scale is capped at 200,000 tons for iron ore futures, 100,000 tons for hot-rolled coil futures, up to 200 million USD for forward foreign exchange contracts, and 50 million USD for currency swaps [1][3] Funding Sources - The funding for the derivatives trading will come from the company's own funds, without involving raised capital or bank credit [4] Trading Feasibility - The company has established management guidelines and internal control processes to ensure the feasibility and necessity of the derivatives trading, aligning with its overall interests and long-term development [4][5] Risk Management - The company has identified potential risks associated with derivatives trading and has implemented measures to mitigate these risks, including internal training and adherence to established management protocols [5][6] - The trading will focus on hedging against exchange rate and price risks, avoiding speculative trading [6] Impact on the Company - Engaging in financial derivatives trading is expected to partially offset the impact of exchange rate fluctuations on profits and shareholder equity, thereby enhancing the company's financial stability [6][7]

证券代码：601005 股票简称：重庆钢铁 公告编号：2025-023 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） 关于 2025 年金融衍生品交易计划的公告 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。 重要内容提示： 交易目的：提高公司应对价格和汇率波动风险的能力， 更好地规避和防范价格和汇率波动风险，增强财务稳健性。 交易品种：铁矿石、热卷、美元汇率。 交易工具：铁矿石期货、热卷期货、远期购汇、货币 掉期。 交易场所：境内/外的场内或场外。 交易规模：铁矿石期货不超过 20 万吨、热卷期货不超 过 10 万吨，美元远期购汇总额不超过 2 亿美元、美元货币掉期 总额不超过 0.5 亿美元。 已履行审议程序：2024 年 6 月 30 日，公司第十届董事 会第十五次会议、第十届监事会第十一次会议审议通过了《关 于 2025 年金融衍生品交易计划的议案》，该事项在董事会审批 权限内，无需提交股东大会审批。 特别风险提示：公司对 ...

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 年年度股东大会的 法律意见书 二〇二五年六月 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 年年度股东大会的 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 公司（以下简称"公司"）委托，指派律师出席公司 2024 年年度股东大会（以下 简称"本次股东大会"），并就贵公司本次股东大会的召集和召开程序、召集人资 格、出席会议人员资格、本次股东大会的表决程序、表决结果等相关问题出具本 法律意见书。 本法律意见书根据已发生或存在的事实，根据《中华人民共和国公司法》（以 下简称"《公司法》"）、《上市公司股东会规则》等法律、法规、规范性文件以及 《上海证券交易所上市公司自律监管指南第 2 号-业务办理：第四号-股东大会网 络投票》（以下简称"《2 号指南》"）、《重庆钢铁股份有限公司章程》（以下简称 "《公司章程》"）的相关规定出具。 本法律意见书仅供贵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贵公司本次股东大会其他信息披露 资 ...

重庆钢铁股份有限公司 2024年度股东大会决议公告 证券代码：601005 证券简称：重庆钢铁 公告编号：2025-022 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。 重要内容提示： 本次会议是否有否决议案：无 一、 会议召开和出席情况 (一)股东大会召开的时间：2025 年 6 月 27 日 (二)股东大会召开的地点：重庆市长寿区江南街道江南大道 2 号重庆钢铁会议室 (三)出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： | 1、出席会议的股东和代理人人数 | 867 | | --- | --- | | 其中：A 股股东人数 | 866 | | 境外上市外资股股东人数（H 股） | 1 | | 2、出席会议的股东所持有表决权的股份总数（股） | 2,159,654,491 | | 其中：A 股股东持有股份总数 | 2,158,529,166 | | 境外上市外资股股东持有股份总数（H 股） | 1,125,325 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | | | 份总数的比例（%） ...