Market Overview - On September 1, the special steel sector rose by 0.15% compared to the previous trading day, with Jinzhu Pipeline leading the gains [1] - The Shanghai Composite Index closed at 3875.53, up 0.46%, while the Shenzhen Component Index closed at 12828.95, up 1.05% [1] Stock Performance - Jinzhu Pipeline (002443) closed at 7.47, with a gain of 4.33% and a trading volume of 263,600 shares [1] - Fangda Special Steel (600507) closed at 5.71, up 2.33%, with a trading volume of 345,300 shares and a transaction value of 196 million yuan [1] - Shengde Zhengtai (300881) closed at 35.00, up 2.07%, with a trading volume of 19,100 shares and a transaction value of 65.98 million yuan [1] - Other notable stocks include: - Jincheng Special Steel (000708) at 13.19, up 1.00% [1] - Xining Special Steel (600117) at 3.41, up 0.89% [1] - Changbao Co. (002478) at 5.52, unchanged [1] - Fushun Special Steel (6660009) at 5.57, unchanged [1] - Jiuli Special Materials (002318) at 22.37, down 0.67% [1] - Shagang Co. (002075) at 6.24, down 1.42% [1] Capital Flow - The special steel sector experienced a net outflow of 68.61 million yuan from institutional investors, while retail investors saw a net inflow of 5.06 million yuan [2] - Notable capital flows include: - Jinzhu Pipeline had a net inflow of 14.53 million yuan from institutional investors, but a net outflow of 9.11 million yuan from retail investors [3] - Fangda Special Steel saw a net outflow of 5.39 million yuan from institutional investors [3] - Shengde Xintai had a net inflow of 6.24 million yuan from retail investors [3] - Tai Steel (000825) experienced a significant net outflow of 9.61 million yuan from institutional investors [3]

Core Viewpoint - Xining Special Steel (600117) reported a revenue increase of 7.0% year-on-year for the first half of 2025, with total revenue reaching 2.886 billion yuan and a net profit attributable to shareholders of -235 million yuan, showing a 20.09% improvement in losses [1] Financial Performance - Total revenue for Q2 2025 was 1.78 billion yuan, up 15.99% year-on-year, while the net profit for the same period was -85.21 million yuan, reflecting a 16.88% improvement in losses [1] - The company's gross margin increased by 52.87% year-on-year, while the net margin improved by 20.87% [1] - Total expenses (selling, administrative, and financial) amounted to 202 million yuan, accounting for 7.0% of revenue, a decrease of 1.83% year-on-year [1] - Earnings per share were -0.07 yuan, with a year-on-year increase of 22.22% [1] Operational Metrics - The company reported a significant increase in production, with iron output at 1.2768 million tons (up 90.25% year-on-year), steel output at 1.3969 million tons (up 89.17%), and steel product output at 1.3571 million tons (up 94.63%) [2] - The capacity utilization rate has significantly improved, indicating better operational efficiency [2]

Group 1 - The supervisory board of Xining Special Steel Co., Ltd. held its 13th meeting of the 10th session, which was legally convened with all three members present [1] - The board approved several resolutions, including an increase in the estimated amount for daily related party transactions for 2025 [2] - The board also approved the upgrade of the digital control center and industrial internet transformation to accelerate the company's digital transformation strategy [2] Group 2 - The board approved the disposal of certain fixed assets, with details available in the accompanying announcements [3] - The board reviewed and approved the 2025 semi-annual report and its summary, which were recognized by the audit committee [3] - The board approved the reappointment of financial and internal control audit institutions for 2025 [3] Group 3 - The board approved the cancellation of the supervisory board and the revision of the company's articles of association [4] - The board approved the revision of certain governance systems within the company [4] - The board approved the purchase of liability insurance for the company and its directors and senior management [4]

Group 1 - The company, Xining Special Steel Co., Ltd., is holding its third extraordinary general meeting of shareholders on September 15, 2025 [1][2] - The meeting will utilize a combination of on-site and online voting methods, with the online voting system provided by the Shanghai Stock Exchange [2][3] - Shareholders must register to attend the meeting, with the registration period set from September 8 to September 9, 2025 [6] Group 2 - The voting for the meeting will take place on the same day, with specific time slots allocated for both trading and internet voting [2][3] - Shareholders holding multiple accounts can vote through any of their accounts, and the total voting rights are based on the aggregate shares held across all accounts [3][4] - The company has specified that certain related shareholders, such as Tianjin Jianlong Steel Industry Co., Ltd., must abstain from voting [1]

Core Viewpoint - The board of directors of Xining Special Steel Co., Ltd. held its 17th meeting of the 10th session, where several key resolutions were passed, including increasing the expected amount of daily related transactions for 2025 and upgrading the digital control center and industrial internet [1][2]. Group 1: Board Meeting Details - The board meeting was held on August 28, 2025, with 8 out of 9 directors present, and the meeting complied with relevant laws and regulations [1]. - The meeting's resolutions were passed with a majority vote, with specific votes recorded for each agenda item [2][3]. Group 2: Resolutions Passed - The board approved an increase in the expected amount for daily related transactions for 2025, with 6 votes in favor and 3 abstentions [2]. - The board agreed to upgrade the digital control center and industrial internet, with unanimous support (9 votes in favor) [2]. - The board approved the disposal of certain fixed assets, also with unanimous support (9 votes in favor) [3]. - The board approved the 2025 semi-annual report and its summary, with unanimous support (9 votes in favor) [3]. - The board decided to renew the financial and internal control audit institutions for 2025, with unanimous support (9 votes in favor) [4]. - The board approved the cancellation of the supervisory board and the revision of the company’s articles of association, with unanimous support (9 votes in favor) [5]. - The board approved the revision of certain governance systems, with unanimous support (9 votes in favor) [5]. - The board discussed purchasing liability insurance for the company and its directors, with all directors abstaining from the vote due to conflict of interest [6]. - The board approved the notice for the third extraordinary general meeting of shareholders to be held on September 15, 2025, with unanimous support (9 votes in favor) [6].

证券日报网讯 8月28日晚间，西宁特钢发布公告称，2025年半年度公司实现营业收入2，886，113， 406.80元，同比增长7.00%；归属于上市公司股东的净利润为-234，712，087.35元。 （编辑 何成浩） ...

Group 1 - The company reported a total operating revenue of 2.886 billion yuan for the first half of 2025, representing a year-on-year increase of 7% [1] - The net profit attributable to shareholders of the parent company was -235 million yuan, which is a reduction in loss by 59.0166 million yuan compared to the same period last year [1] - The basic earnings per share stood at -0.07 yuan [1]

西宁特殊钢股份有限公司 西宁特殊钢股份有限公司 募集资金使用管理制度 第一章 总则 第一条 为规范西宁特殊钢股份有限公司（以下简称"公司"）募集资金的存放、使用和 管理，提高募集资金使用效率和效益，保护投资者的合法权益，根据《中华人民共和国公司法》 《中华人民共和国证券法》《上市公司证券发行注册管理办法》《上市公司募集资金监管规则》 《上海证券交易所股票上市规则》（以下简称"《股票上市规则》"）《上海证券交易所上市 公司自律监管指引第 1 号——规范运作》等法律、法规以及《西宁特殊钢股份有限公司章程》 （以下简称"《公司章程》"）的有关规定，并结合公司实际情况，制定本制度。 第二条 本制度所称"募集资金"是指公司通过发行股票或者其他具有股权性质的证券， 向投资者募集并用于特定用途的资金，不包括公司为实施股权激励计划募集的资金。 第三条 发行股票或者其他具有股权性质的证券的募集资金到位后，公司应及时办理验资 手续，由具有证券从业资格的会计师事务所出具验资报告。 第四条 公司董事会对募集资金的管理和使用勤勉尽责。在公开募集前，应根据公司发展 战略、主营业务、市场形势和国家产业政策等因素，对募集资金拟投资项目可行性 ...

第八条 独立董事应当对年度报告签署书面确认意见。独立董事对年度报告内容的真实性、 准确性、完整性无法保证或者存在异议的，应当在书面确认意见中陈述理由和发表意见。 西宁特殊钢股份有限公司 独立董事年报工作制度 第一条 为规范和促进西宁特殊钢股份有限公司（以下简称"公司"）年报工作程序，提高 年报工作质量，充分发挥独立董事的专业性及独立性作用，完善年报披露工作水平，为广大投资 者投资决策提供有效依据，根据《上市公司独立董事管理办法》《上市公司信息披露管理办法》 等法律、法规以及《西宁特殊钢股份有限公司章程》（以下简称"《公司章程》"）《独立董事 工作制度》的有关规定，并结合公司实际情况，制定本制度。 第二条 独立董事应按照有关法律法规和《公司章程》的相关规定，在公司年报编制和披露 过程中切实履行独立董事的责任和义务，勤勉尽责。 第三条 独立董事对公司聘请的会计师事务所是否具有证券、期货相关业务资格，以及为公 司提供年报审计的注册会计师（以下简称"年审注册会计师"）的从业资格进行核查。 第四条 每个会计年度结束后，公司经理层应向独立董事全面汇报公司本年度的生产经营情 况、财务情况和重大事项的进展情况，形成书面记录， ...

西宁特殊钢股份有限公司 西宁特殊钢股份有限公司 董事会审计委员会工作细则 第一章 总则 第一条 为了完善西宁特殊钢股份有限公司（以下简称"公司"）治理结构，充分发挥审 计委员会对公司财务信息、内部控制、内外部审计等工作的监督作用，健全公司内部监督机制， 根据《中华人民共和国公司法》（以下简称"《公司法》"）、《中华人民共和国证券法》《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——规范运作》《上 海证券交易所股票上市规则》等法律、行政法规、规范性文件以及《西宁特殊钢股份有限公司 章程》（以下简称"《公司章程》"）的有关规定，公司董事会设立董事会审计委员会（以下 简称"审计委员会"），并制定本工作细则。 第二条 审计委员会是董事会根据《公司章程》设立的专门工作机构，主要负责审核公司 财务信息及其披露、监督及评估内外部审计工作和内部控制。 第三条 审计委员会成员由 3 名董事组成，其中 2 名为独立董事，且至少有 1 名独立董事 为专业会计人士，审计委员会成员应当为不在公司担任高级管理人员的董事，其中独立董事应 当过半数，并由独立董事中会计专业人士担任召集人。审计委员会成员应当具备履 ...