证券代码：600019 证券简称：宝钢股份 公告编号：临 2024-055 宝山钢铁股份有限公司 关于以集中竞价交易方式回购股份的进展公告 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： | 回购方案首次披露日 | 2023/10/17 | | | --- | --- | --- | | 回购方案实施期限 | 过后 | 待宝钢股份第八届董事会第三十三次会议审议通 12 个月 | | 预计回购金额 | 0 | 万元~300,000 万元 | | 回购用途 | | 用于员工持股计划或股权激励 | | 累计已回购股数 | 40,477.27 | 万股 | | 累计已回购股数占总股本比例 | 1.84% | | | 累计已回购金额 | 249,188.19 | 万元 | | 实际回购价格区间 | 5.57 | 元/股~7.10 元/股 | 三、 其他事项 公司将严格按照《上市公司股份回购规则》《上海证券交易所上市公司自律监 管指引第 7 号——回购股份》等相关规定，在回购期限内根据市场情况择机做出 回购决策并予以实施， ...

二 O 二四年九月十二日 上海 宝山钢铁股份有限公司 2024 年第一次临时股东大会会议资料 宝山钢铁股份有限公司 2024 年第一次临时股东大会 会议资料 宝山钢铁股份有限公司 2024 年第一次临时股东大会会议议程 股东报到登记、入场时间： 会议召开地点：上海市宝山区富锦路 885 号 宝钢股份技术中心 参加会议人员： 1.在股权登记日持有公司股份的股东。 本次股东大会的股权登记日为 2024 年 9 月 5 日，于股权登记日 收市后在中国证券登记结算有限责任公司上海分公司登记在册的公 司股东有权出席股东大会，并可以以书面形式委托代理人出席会议和 参加表决。该代理人不必是公司股东。 2.公司董事、监事和高级管理人员。 3.公司聘请的律师。 审议议题： 2024 年 9 月 12 日 星期四 14:30-15:00 会议召开时间：2024 年 9 月 12 日 星期四 15:00 宝山钢铁股份有限公司 2024 年第一次临时股东大会会议资料 宝山钢铁股份有限公司 2024 年第一次临时股东大会会议资料目录 1.关于续聘安永华明会计师事务所为 2024 年度独立会计师及内控审 计师的议案 .......... ...

编号：2024-002 证券代码：600019 证券简称：宝钢股份 宝山钢铁股份有限公司投资者关系活动记录表 | --- | --- | --- | |--------------|----------------------------------|----------------------------------| | | | | | 投资者关系活 | | 特定对象调研 分析师会议 | | 动类别 | 媒体采访 R | 业绩说明会 | | | 新闻发布会 路演活动 | | | | 现场参观 | | | | 其他 | | | 参与人员姓名 | 通过多个平台直播发布，面向全市场 | | | 时间 | 8 月 29 日（周四）下午 | 14:00-15:30 | | 地点 | 上海证券交易所上证路演中心 | | | | （网址： | https://roadshow.sseinfo.com/ ） | | | 全景投资者关系互动平台 | | | | （中文网址： | https://rs.p5w.net/html/ | | | 143753.shtml | | | | 英文网址： | https://rs.p5 ...

国泰君安版权所有发送给上海东方财富金融数据服务有限公司.东财接收研报邮箱.ybjieshou@eastmoney.com p1 股 票 研 究 公 司 更 新 报 告 证 券 研 究 报 告 -14% -7% 1% 8% 15% 23% 2023-08 2023-12 2024-04 本报告导读： [Table_Market] 交易数据 投资要点： [Table_PicQuote] 52周股价走势图 宝钢股份 上证指数 [Table_Report] 相关报告 龙头保持竞争优势，盈利能力行业领先 宝钢股份(600019) 金属，采矿，制品 [Table_Industry] /原材料 [Table_Invest] 评级： 增持 上次评级: 增持 [Table_Target] 目标价格： 7.19 上次预测: 7.19 [当前价格： Table_CurPrice] 5.96 [table_Authors] 李鹏飞(分析师) 魏雨迪(分析师) 王宏玉(分析师) 010-83939783 021-38674763 021-38038343 lipengfei@gtjas.com weiyudi@gtjas.com wa ...

Financial Performance - In Q2 2024, Baosteel achieved a total profit of 3.44 billion yuan, a quarter-on-quarter increase of 23.5% [3] - For the first half of 2024, the total profit reached 6.23 billion yuan, maintaining the leading position in the domestic industry [3] Strategic Focus - The company will advance its "Four Modernizations" strategy, focusing on enhancing product profitability, optimizing procurement and sales collaboration, and improving manufacturing capabilities [3][4] - Emphasis on digital transformation, green low-carbon development, and internationalization to strengthen resilience through economic cycles [4] Market Outlook - The steel industry is currently in a weak cycle, presenting both challenges and opportunities for mergers and acquisitions [4][7] - The electrical steel market is expected to grow, with oriented silicon steel supply increasing by over 20% last year, though growth has slowed to about 5% in the first half of this year [6] Challenges and Responses - The company acknowledges the significant decline in hot-rolled demand since July, particularly in construction-related sectors due to adverse weather and economic conditions [9] - Strategic measures include enhancing cash flow management and cost control, especially in procurement of coking coal and iron ore [8][10] International Expansion - Baosteel is focusing on expanding its overseas market presence, particularly in the Middle East, with a significant project in Saudi Arabia increasing investment from $437.5 million to $1 billion [12][14] - The company aims to achieve an export scale exceeding 10 million tons by 2028, leveraging its product diversity and technological advantages [13] Collaborative Ventures - A joint venture with Baowu Aluminum and Kobe Steel aims to produce automotive aluminum sheets, reflecting Baosteel's strategic shift towards materials beyond steel [11]

宝钢股份（600019.SH）2024 年半年报点评 重点项目持续推进，产品结构不断优化 2024 年 08 月 29 日 推荐 维持评级 当前价格： 5.99 元 ➢ 事件描述：公司发布 2024 年半年报。2024H1，公司实现营收 1632.51 亿 元，同比减少 4.1%；归母净利润 45.45 亿元，同比减少 0.2%；扣非归母净利 42.35 亿元，同比增长 12.8%。2024Q2，公司实现营收 824.37 亿元，同比减少 9.7%、环比增长 2%；归母净利润 26.18 亿元，同比减少 3.3%、环比增长 35.9%； 扣非归母净利 26.59 亿元，同比增长 28.6%、环比增长 68.7%。 ➢ 点评：销量持续增加，毛利率同比增长 ① 量：销量同比下滑。2024H1，公司钢材销量 2551 万吨，同比下滑 0.2%。 其中板带材销量同比增长 1.54%，钢管销量同比下滑 5.21%，其他钢材销量同比 下滑 17.53%。 ② 价：毛利率同比增长。2024H1，公司产品均价为 4702 元/吨，同比下滑 4.97%。2024H1，公司毛利率为 5.73%，同比增长 0.63pct，2024 ...

Investment Rating - The investment rating for Baosteel Co., Ltd. is "Outperform the Market" [1][4][8] Core Views - In H1 2024, the company's net profit attributable to shareholders decreased by 0.2% year-on-year, with revenue of 163.2 billion yuan, down 3.9% year-on-year. The non-recurring net profit attributable to shareholders increased by 14.1% to 4.24 billion yuan, while operating cash flow was 5.74 billion yuan, down 8% [1][5] - The steel industry is under pressure, but the company's operations remain relatively stable. Domestic steel demand is weak, and the overall industry is characterized by strong supply, weak demand, high costs, and low prices. The company produced 24.12 million tons of iron and 26.31 million tons of steel in H1 2024, with a record export order of 3.035 million tons [1][5] - The company has implemented cost-cutting measures, achieving a cost reduction of 4.55 billion yuan in H1 2024. It also focused on product differentiation, with sales of differentiated products increasing by 16.5% year-on-year [1][5] Financial Summary - For 2024-2026, the projected revenues are 337.2 billion yuan, 339.6 billion yuan, and 342.1 billion yuan, with year-on-year growth rates of -2.2%, 0.7%, and 0.7% respectively. The net profit attributable to shareholders is expected to be 9.36 billion yuan, 10.59 billion yuan, and 11.71 billion yuan, with growth rates of -21.7%, 13.2%, and 10.5% respectively [1][8] - The diluted EPS for the same period is projected to be 0.42 yuan, 0.48 yuan, and 0.53 yuan, with corresponding P/E ratios of 14.2x, 12.5x, and 11.3x [1][8] - The company maintains its position as an industry leader, demonstrating stable operations despite overall industry pressures [1][8]

Investment Rating - The report maintains a rating of "Accumulate" for Baosteel Co., Ltd. [2] Core Views - In H1 2024, the company achieved operating revenue of 163.25 billion yuan, a year-on-year decrease of 4.1%, while the net profit attributable to shareholders was 4.545 billion yuan, a slight decrease of 0.17%. However, the net profit after deducting non-recurring gains and losses increased by 12.84% year-on-year to 4.235 billion yuan [2][3] - The company’s Q2 2024 results showed a significant recovery, with a net profit of 2.618 billion yuan, up 35.93% quarter-on-quarter and down 3.29% year-on-year. The net profit after deducting non-recurring gains and losses reached 2.659 billion yuan, marking a year-on-year increase of 28.55% and a quarter-on-quarter increase of 68.72% [3] - The company’s product structure is expected to continue upgrading, with the "1+1+N" product sales increasing by 16.5% year-on-year to 15.09 million tons in H1 2024 [3] Summary by Sections Financial Performance - H1 2024 operating revenue was 163.25 billion yuan, down 4.1% year-on-year; net profit attributable to shareholders was 4.545 billion yuan, down 0.17%; net profit after deducting non-recurring gains and losses was 4.235 billion yuan, up 12.84% [2] - Q2 2024 operating revenue was 82.437 billion yuan, down 9.74% year-on-year but up 2.01% quarter-on-quarter; net profit was 2.618 billion yuan, down 3.29% year-on-year but up 35.93% quarter-on-quarter; net profit after deducting non-recurring gains and losses was 2.659 billion yuan, up 28.55% year-on-year and 68.72% quarter-on-quarter [3] Sales and Production - In H1 2024, the company’s sales volume of steel products was 25.514 million tons, a slight decrease of 0.19% year-on-year; the average profit per ton of steel was 180.10 yuan, an increase of 15.09% year-on-year [2] - The company plans to sell 52.22 million tons of steel in 2024, with expected sales of 26.706 million tons in H2 2024, a year-on-year increase of 1.38% [2] Profitability and Efficiency - The company’s Q2 2024 annualized ROE was approximately 4.77% [3] - The company’s profitability is expected to improve with ongoing product structure optimization and cost control measures [3] Market Outlook - The company achieved a record high in export orders in H1 2024, totaling 3.035 million tons, but faces uncertainties in exports for H2 2024 due to increased tariff barriers and rising international trade protectionism [2][3]

宝钢股份（600019.SH） 扣非净利改善，盈利韧性凸显 | --- | |-------------------------------------------------------------------| | 事件：公司发布 2024 年半年度报告。公司上半年实现营业收入 1632.51 | | 下降 3.89%；归属于上市公司股东的净利润 45.45 亿元，同比下降 0.17% | | 市公司股东的扣除非经常性损益的净利润 42.35 亿元，同比增长 12.84% | | 益 0.21 元。 | | --- | |----------------------------------------------------------------------------| | 扣非净利改善，盈利韧性凸显。公司 2024 年二季度实现归母净利 26.18 | | 降 3.29%，环比增长 35.93%，实现扣非归母净利 26.59 亿元，同比增长 | | 比增长 68.72%；2024 年上半年黑色金属冶炼和压延加工业利润总额大幅下滑，中钢 | | 协统计数据显示重点企业亏损面接近 50%，公司业绩与行业 ...

证券代码：600019 证券简称：宝钢股份 公告编号：临 2024-050 宝山钢铁股份有限公司 第八届监事会第四十四次会议决议公告 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、监事会会议召开情况 （一）会议召开符合有关法律、法规情况 本次监事会会议经过了适当的通知程序，会议程序符合有关法律 法规和《公司章程》的规定。 （二）发出会议通知和材料的时间和方式 公司于 2024 年 8 月 20 日以书面和电子邮件方式发出召开监事会 的通知及会议材料。 （三）会议召开的时间、地点和方式 本次监事会会议以现场结合通讯的方式于 2024 年 8 月 27 日在上 海召开。 （四）监事出席会议的人数情况 本次监事会应出席监事 7 名，实际出席监事 7 名。 （五）会议的主持人和列席人员 （一）2024 年上半年度内部审计工作报告 全体监事一致通过本提案。 （二）关于审议董事会"关于 2024 年二季度末母公司提取各项 资产减值准备的议案"的提案 全体监事一致通过本提案。 - 1 - 证券代码：600019 证券简称：宝钢股份 公 ...