Group 1 - The company, 找钢集团-W (06676.HK), announced a joint venture agreement with Lykos [1] - The company will invest RMB 45 million in cash to establish the joint venture [1] - The company will hold an 8.57% equity stake in the joint venture, 宗金汇(上海)信息技术有限公司 [1]

Core Viewpoint - The collaboration between the company and Trafigura Group aims to establish a comprehensive e-commerce platform for the non-ferrous metal industry, enhancing operational efficiency and providing superior trading experiences [1][2][3] Group 1: Joint Venture and Investment - The company announced a joint venture agreement with Lykos Holding Hong Kong Limited, a subsidiary of Trafigura Group, to establish a non-ferrous metal industry internet platform named ZongJinHui [1] - The company will invest RMB 45 million in cash to hold an 8.57% stake in the joint venture, ZongJinHui (Shanghai) Information Technology Co., Ltd [1] Group 2: Business Expansion and Digital Transformation - The partnership allows the company to accelerate its expansion into the non-steel sector and develop a comprehensive industrial internet platform [2] - The company established the PangMao Industrial Products Division, which has been rebranded to Zhaogang Industrial Products, leveraging infrastructure developed for the steel industry to facilitate non-steel trade [2] - As of December 31, 2024, the non-steel trade business collaborated with 371 suppliers and 1,728 customers, covering over 68,000 SKUs and completing 19,811 transactions, generating a total merchandise transaction value (GMV) of RMB 408 million, a year-on-year increase of 192.7% [2] Group 3: Platform Functionality and Customer Experience - The ZongJinHui platform provides real-time access to reliable supply and pricing information, enabling customers to place orders and complete transactions efficiently [2] - The platform's capabilities are supported by a core software system that enhances procurement efficiency and strengthens financial risk control [2] - The company aims to leverage its national sales network to distribute non-ferrous metal products to industrial and construction end-users, enhancing the platform's capabilities [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失承擔任何責任。 本公告僅供參考，並不構成收購、購買或認購本公司證券之邀請或要約。 ZG Group 找鋼產業互聯集團 （於開曼群島註冊成立以不同投票權控制的有限公司，以ZGW之名稱於香港進行業務） 托克及LYKOS （股份代號：6676） （權證代號：2572） 自願公告 合作協議 本公司董事會（「董事會」）欣然宣佈，於2025年7月2日，本公司透過其全資附 屬公司與LYKOS HOLDING HONG KONG LIMITED（「Lykos」，TRAFIGURA GROUP PTE. LTD.*（「托克」）之全資附屬公司）訂立合資協議及一套相關公司章 程，以共同設立有色金屬行業的產業互聯網平台（「合作」），宗金匯平台。 本公告由找鋼產業互聯集團（「本公司」，連同其附屬公司統稱「本集團」）自願作 出。 1 合作詳情 本公司以現金出資人民幣45百萬元與Lykos Holding Hong Kong Limited共同設立 ...

ZG Group 找鋼產業互聯集團 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。 本公告僅供參考，並不構成收購、購買或認購本公司證券之邀請或要約。 （於開曼群島註冊成立以不同投票權控制的有限公司，以ZGW之名稱於香港進行業務） （股份代號：6676） （權證代號：2572） 2025年6月27日（星期五）舉行的股東週年大會投票結果 茲提述找鋼產業互聯集團（「本公司」）日期為2025年5月15日載列（其中包括）本公 司股東週年大會（「股東週年大會」）通告（「通告」）的通函（「通函」）。除非文義另 有所指，否則本公告所用詞彙與通函所界定者具有相同涵義。 本公司董事（「董事」）會（「董事會」）欣然宣佈，於2025年6月27日舉行的股東週年 大會上，通告所載的所有建議決議案均已進行投票表決。有關於股東週年大會上 提呈的決議案的投票結果如下： | | 普通決議案 | | 投票數目(%) | | 投票 | 附投票權股份 | | --- | --- | --- ...

（於開曼群島註冊成立以不同投票權控制的有限公司，以ZGW之名稱於香港進行業務） （股份代號：6676） （權證代號：2572） 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。 本公告僅供參考，並不構成收購、購買或認購本公司證券之邀請或要約。 ZG Group 找鋼產業互聯集團 自願公告 本公告由找鋼產業互聯集團（「本公司」，連同其附屬公司統稱「本集團」）董事會 （「董事會」）自願作出。 本集團的產業AI大語言模型通過國家網信辦深度合成算法備案批准 董事會欣然宣佈，根據國家網信辦（「國家網信辦」）於2025年5月19日披露，本集 團的產業AI大語言模型已正式通過國家網信辦第十一批深度合成服務算法備案批 准（「備案批准」）。該里程碑標誌著本集團在產業互聯網領域（特別是鋼鐵貿易行 業）推動AI應用取得了重大成就。 本集團的產業AI大語言模型是本集團通過在行業深耕十餘年沉澱的包括商品、報 價、物流、付款、庫存、客戶等百萬級對話樣本和結構化交易資料為基礎，結合 ...

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通告的內容概不負 責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本通告全部或任 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。 1. 作為普通決議案，省覽、考慮及採納本公司截至2024年12月31日及截至該 日止年度的經審核綜合財務報表及本公司董事會報告及核數師報告； 2. 作為普通決議案，重選本公司以下退任董事： (a) (i) 重選周敏女士為執行董事； (ii) 重選蔣榕烽先生為非執行董事； (iii) 重選王蔚松先生為獨立非執行董事；及 (b) 授權本公司董事會（「董事會」）釐定本公司董事薪酬； 3. 作為普通決議案， （於開曼群島註冊成立以不同投票權控制的有限公司，以ZGW之名稱於香港進行業務） （股份代號：6676） （權證代號：2572） 將於2025年6月27日（星期五）舉行的 股東週年大會 （或其任何續會或延會）的 通告 茲通告找鋼產業互聯集團（「本公司」）謹訂於2025年6月27日（星期五）下午三時 正舉行結合假座中國上海市嘉定區新培路123號5樓找鋼貓會議室的現場會議以及在線 虛擬會議的股東週年大會（「股東週 ...

此乃要件 請即處理 閣下對本通函任何內容或應採取之行動如有任何疑問，應諮詢證券經紀或其他註冊證券交易商、銀行經 理、律師、專業會計師或其他專業顧問。 閣下如已售出或轉讓所有名下找鋼產業互聯集團股份，應立即將本通函及隨附之代表委任表格送交買主或 承讓人，或經手買賣或轉讓之銀行、持牌證券交易商或其他代理商，以便轉交買主或承讓人。 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通函的內容概不負責，對其準確性或完整性亦 不發表任何聲明，並明確表示，概不對因本通函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。 （於開曼群島註冊成立以不同投票權控制的有限公司，以ZGW之名稱於香港進行業務） （股份代號：6676） （權證代號：2572） (1) 建議授出發行股份的一般授權； (2) 建議授出購回股份的一般授權； (3) 建議重選董事； (4) 建議續聘核數師； 及 (5) 股東週年大會通告 董事會函件載於本通函第4至9頁。 本公司謹訂於2025年6月27日（星期五）下午三時正舉行結合假座中國上海市嘉定區新培路123號5樓找鋼 貓會議室舉行的現場會議以及在線虛擬會議的股東週年大會，召開大會的 ...

（於開曼群島註冊成立以不同投票權控制的有限公司，以 ZGW 之名稱於香港進行業務） 股份代號：6676 權證代號：2572 環境、社會及管治報告 2024 目錄 關於本報告 2 CEO致辭 3 關於找鋼產業互聯集團 5 企業榮譽 6 | 1. | ESG管治 | 8 | | --- | --- | --- | | 1.1 | ESG管治架構 | 8 | | 1.2 | 董事會聲明 | 9 | | 1.3 | 利益相關方溝通 | 10 | | 1.4 | 重要性議題識別 | 11 | 2. 高品質的平台與服務 12 | 2.1 | 平台運營 | 12 | | --- | --- | --- | | 2.1.1 | 平台質量管理 | 12 | | 2.1.2 | 負責任營銷 | 14 | | 2.2 | 客戶服務 | 14 | | 2.2.1 | 客戶投訴處理 | 14 | | 2.2.2 | 提高客戶滿意度 | 16 | | 2.3 | 供應商管理 | 17 | | 2.3.1 | 供應商准入管理 | 17 | | 2.3.2 | 准入後的供應商管理 | 18 | | 2.3.3 | 供應商交流 | 19 | ...

Financial Performance - Revenue for 2024 reached RMB 1,551,043 thousand, representing a 32.7% increase from RMB 1,168,451 thousand in 2023[13] - Gross profit for the year was RMB 426,189 thousand, up 12.1% from RMB 380,173 thousand in the previous year[13] - The net cash generated from operating activities was RMB 419,945 thousand, a significant increase of 98.4% compared to RMB 211,709 thousand in 2023[13] - The adjusted net loss (non-IFRS measure) improved to RMB 53,717 thousand, a reduction of 33.0% from RMB 80,151 thousand in the prior year[13] - The adjusted EBITDA (non-IFRS measure) increased by 56.1% to RMB 7,129 thousand from RMB 4,567 thousand in 2023[13] - The company reported a net loss of RMB 68.7 million for 2024, a significant improvement from a loss of RMB 469.6 million in 2023[17] - Adjusted net loss (non-IFRS measure) for 2024 was RMB 53.7 million, down from RMB 80.2 million in 2023, reflecting a 33.1% improvement[19] - Revenue for 2024 reached RMB 1.6 billion, representing a 32.7% increase compared to the previous year[23] - The gross profit for 2024 was RMB 426.2 million, showing a year-on-year growth of 12.1%[23] - Adjusted EBITDA (non-IFRS measure) for 2024 was RMB 7.1 million, up 56.1% from RMB 4.6 million in 2023[23] - Total GMV for 2024 was RMB 188.0 billion, a decrease of 3.8% from RMB 195.5 billion in 2023[35] - Gross profit margin for 2024 was 27.5%, down from 32.5% in 2023[37] - Revenue for continuing operations increased by 32.7% to RMB 1,551.0 million in 2024 from RMB 1,168.5 million in 2023[38] - Revenue from transaction support services decreased by 15.1% to RMB 432.1 million in 2024 from RMB 509.0 million in 2023[43] - Revenue from technology subscription services decreased by 16.9% from RMB 34.0 million in 2023 to RMB 28.3 million in 2024, primarily due to a reduction in events and conferences held with business partners[44] - Total revenue cost rose by 42.7% from RMB 788.3 million in 2023 to RMB 1,124.9 million in 2024, consistent with revenue growth[51] - Gross profit increased by 12.1% from RMB 380.2 million in 2023 to RMB 426.2 million in 2024, while overall gross margin decreased from 32.5% to 27.5%[53] Operational Highlights - The company aims to expand its platform services to include more industrial goods beyond steel, enhancing user stickiness[10] - The logistics platform "Fat Cat Logistics" has become the largest third-party steel terminal logistics service provider in China[10] - The company issued nearly RMB 200 billion in value-added tax invoices in 2024, indicating strong transaction volume[10] - The company’s steel trading platform registered over 15,000 suppliers and 183,000 customers, covering over 630,000 SKUs[23] - The total transaction volume for the steel trading business reached RMB 187.6 billion in 2024[23] - The trading platform's profitability significantly improved, with transaction service revenue increasing by 11.4% and the average commission per ton rising from RMB 5.1 to RMB 5.6, leading to a 28.8% growth in gross profit for SME trading solutions[25] - International business revenue surged from RMB 221.1 million in 2023 to RMB 593.3 million in 2024, marking a 168.4% year-on-year increase, with international transaction volume growing by 174.5%[26] - The non-steel sector's transaction business generated a GMV of RMB 408.4 million, a 192.7% increase compared to 2023, with 371 suppliers and 1,728 customers engaged[29] - The logistics business gross profit increased from RMB 26.2 million to RMB 34.8 million, representing a year-on-year growth of 32.8%[25] Technology and Innovation - The company is leveraging AI technology to improve supplier information processing and transaction efficiency[9] - AI technology has been fully integrated into operations, with the AI trading assistant processing over 10 million messages daily and achieving a 95% accuracy rate in transaction matching[32] - The company’s AI capabilities have improved internal efficiency, generating over 140,000 business documents and processing more than 4.4 million transactions[33] - The company has established a digital trading platform that significantly enhances transaction efficiency and reduces human involvement through its logistics fulfillment network and technology management tools[131] Strategic Initiatives - Following its successful listing in Hong Kong in March, the company is focused on increasing market recognition and understanding[11] - The company aims to strategically consolidate and expand its operations in 2024, marking a key year for growth[22] - The company plans to continue optimizing its logistics business structure, focusing on lower-cost but higher-margin short-distance transportation services[56] - The company aims to optimize supply chain management and enhance market competitiveness by leveraging digital management and high-value product layouts[27] Financial Position and Liabilities - Total assets decreased by 14.6% to RMB 10,048.6 million in 2024 from RMB 11,764.7 million in 2023[14] - Total liabilities decreased from RMB 10,676.4 million as of December 31, 2023, to RMB 9,181.8 million as of December 31, 2024, mainly due to reduced transaction volume and lower average steel prices[83] - Cash and cash equivalents decreased from RMB 1,053.2 million to RMB 746.9 million between December 31, 2023, and December 31, 2024[92] - The company reported a net loss attributable to owners of RMB 6,506.4 million as of December 31, 2024, compared to RMB 6,438.1 million as of December 31, 2023[86] - The company’s debt-to-asset ratio was 164.7%, up from 154.7% in 2023, primarily due to the impact of convertible preferred shares[102] Compliance and Governance - The company has complied with relevant laws and regulations that significantly impact its operations during the reporting period[122] - The company is committed to fulfilling social responsibilities and promoting sustainable growth, as detailed in the environmental, social, and governance report[121] - The independent auditor confirmed that the ongoing related party transactions are conducted under normal commercial terms and are fair and reasonable[160] - The company has complied with the disclosure requirements under the relevant listing rules regarding related party transactions[162] Shareholder Structure and Risks - The company operates under a dual-class share structure, where Class A shareholders have one vote per share and Class B shareholders have ten votes per share[165] - The company’s B-class shareholders hold significant influence, which may not always align with the best interests of independent shareholders[123] - The largest customer accounted for 13.9% of total revenue, while the top five customers contributed 28.5% of total revenue for the year ending December 31, 2024[169] - The largest supplier represented 10.9% of total procurement, with the top five suppliers making up 33.2% of total procurement for the same period[169] - The company faces significant liquidity risks due to past operating cash outflows, which may limit operational flexibility and adversely affect financial condition and expansion capabilities[118] - The company is exposed to risks related to fluctuations in supply and demand for steel products in both domestic and overseas markets, which could negatively affect business and financial performance[117] - The company’s financial condition and operating performance may be adversely affected by customer concentration risks[120] Employee and Community Engagement - The company employed 1,120 full-time employees as of December 31, 2024, and maintained good working relationships without any significant labor disputes during the reporting period[107] - The company made charitable donations amounting to RMB 210,000 during the reporting period[179] - The total remuneration paid to directors during the reporting period was approximately RMB 6.4 million, including salaries, bonuses, and other benefits[191] Miscellaneous - The company did not declare any annual dividends for the year ending December 31, 2024[182] - There were no bonds issued by the group during the reporting period[180] - The company did not purchase, sell, or redeem any of its listed securities during the reporting period[199]

Dear Non-registered Holder, Arrangement of Electronic Dissemination of Corporate Communications ZG Group 找钢产业互联集团 (A company controlled through weighted voting rights, incorporated in the Cayman Islands with limited liability and carrying on business in Hong Kong as ZGW) （Stock Code：6676） (Warrant Code：2572) Pursuant to the amended Rules (the "Listing Rules") Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Stock Exchange") effective from 31 December 2023, the Company has ...