证券代码：600126 证券简称：杭钢股份 公告编号：临 2026-003 杭州钢铁股份有限公司 关于控股股东非公开发行可交换公司债券 办理完成持有股份担保及信托登记的公告 本次担保及信托登记完成后，杭钢集团直接持有公司股份 1,367,508,156 股， 持股比例为 40.49%；通过担保及信托专户持有公司股份 160,000,000 股，持股比 例为 4.74%。本次担保及信托登记完成后，不会导致公司控股股东及实际控制人 发生变化，不构成要约收购。 公司将持续关注公司控股股东杭钢集团本次可交换债券发行情况及后续进 展，及时履行信息披露义务，敬请广大投资者注意投资风险。 特此公告。 杭州钢铁股份有限公司董事会 2026 年 3 月 24 日 2 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。 杭州钢铁股份有限公司（以下简称"公司"）控股股东杭州钢铁集团有限公 司（以下简称"杭钢集团"）拟以其持有的部分本公司股票为标的，非公开发行 可交换公司债券（以下简称"本次可交换债券"），为保障本次可交换债券持有 人交换标的股票和本次可 ...

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。 杭州钢铁股份有限公司（以下简称"公司"或"杭钢股份"）控股股东杭州 钢铁集团有限公司（以下简称"杭钢集团"）拟以其持有的部分本公司股票为标 的，非公开发行可交换公司债券（以下简称"本次可交换债券"），该事项已取得 上海证券交易所出具的《关于对杭州钢铁集团有限公司非公开发行可交换公司债 券挂牌转让无异议的函》（上证函〔2025〕3648 号）。具体内容详见公司于 2025 年 11 月 11 日在指定信息披露媒体和上海证券交易所网站（www.sse.com.cn）上 披露的《杭州钢铁股份有限公司关于控股股东拟非公开发行可交换公司债券获上 海证券交易所无异议函的公告》（公告编号：2025-058）。 公司于近日收到杭钢集团通知，本次可交换债券发行拟采取股票担保及信托 形式，杭钢集团以其合法持有的公司部分股票作为担保及信托财产办理相关担保 及信托登记，以保障本次可交换债券持有人交换标的股票和本次可交换债券本息 按照约定如期足额兑付。根据《中国证券登记结算有限责任公司可交换公司债券 登记 ...

从资金流向上来看，当日浙江国企改革板块主力资金净流入8.02亿元，游资资金净流出4.2亿元，散户资 金净流出3.82亿元。浙江国企改革板块个股资金流向见下表： 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成 投资建议。 证券之星消息，2月27日浙江国企改革板块较上一交易日上涨1.53%，杭钢股份领涨。当日上证指数报 收于4162.88，上涨0.39%。深证成指报收于14495.09，下跌0.06%。浙江国企改革板块个股涨跌见下 表： ...

Group 1: Rare Earth and Tungsten Industry - The company is one of the six major rare earth groups in the country, having completed the integration of rare earth resources in Fujian Province [2] - The company possesses a complete tungsten industry chain, with significant competitive advantages in tungsten mining, smelting, powder, wire materials, and hard alloy deep processing [2] - The company is the first in China to develop and produce ITER filter tungsten probe components for nuclear fusion devices, capable of precision machining large-sized ITER-grade tungsten materials [2] Group 2: Data Center and AI Computing - The company is planning to acquire a stake in Xiantian Computing and aims to leverage it to acquire control of Zhengzhou Heying, which focuses on third-party large-scale data center operations [3] - The company is collaborating with Alibaba Cloud to jointly invest 15.8 billion yuan in building a cloud computing data center in Zhejiang [3] - The company has established a large data center in Xinjiang Hami, with a total computing power exceeding 80,000 P [3] Group 3: Power and Energy Sector - The company has acquired Honghe Power, a major thermal power plant in southern Yunnan, with a certified installed capacity of 1,300 MW [5] - The company is a leading player in the composite insulator market for high-voltage transmission lines, with a net profit growth of 177.52% year-on-year [5] - The company is expected to achieve a profit of 300 million to 360 million yuan by 2025, marking a turnaround from previous losses [5] Group 4: Semiconductor and AI Technology - The company has developed a low-code platform that integrates AI capabilities and has been applied in various sectors including power, aerospace, and manufacturing [4] - The company is a leading domestic player in crystal oscillators, with products applicable in optical communication and navigation systems [4] - The company has launched a series of AI products and is involved in the construction of AI computing centers across the country [4] Group 5: Renewable Energy and Materials - The company is a leader in the photovoltaic aluminum frame market, with a global market share exceeding 18% [5] - The company is investing 600 million yuan to build a project for producing 10,000 tons of iron phosphate battery precursor materials annually [8] - The company has established a comprehensive lithium battery supply chain, including mining, selection, and processing of lithium carbonate [8]

Market Overview - The A-share market experienced a collective pullback on February 27, with the Shanghai Composite Index closing at 4139.53 points, down 0.17% [2][3] - The semiconductor, communication equipment, electronic components, soft drinks, and building materials sectors saw the largest declines, while the non-ferrous metals sector showed strong gains, particularly tungsten concept stocks [2][3] Sector Performance - The non-ferrous metals sector surged, with rare metals leading the charge and tungsten concept stocks experiencing significant increases [5][6] - The Hang Seng Technology Index rose over 1%, driven by strong performances in the cloud computing sector and tech stocks like SenseTime and Bilibili [4][5] Notable Stocks - Several stocks in the non-ferrous metals sector hit the daily limit, including Dongfang Zirconium, Xianglu Tungsten, and Zhong Rare Metals, all recording gains of 10% [6][7] - Capital Online saw a rise of over 15%, while other companies in the computing power leasing sector also performed well, with Qingyun Technology-U and Xinjun Network both increasing by over 10% [10][11] Price Movements - The domestic light rare earth market saw price increases, with praseodymium and neodymium metal prices rising to 1.08 million CNY/ton and 1.125 million CNY/ton, respectively [9] - The computing power leasing sector continued to rise, reflecting strong demand and growth potential in the AI model API market, where Chinese models surpassed U.S. models in usage [10][11] Industry Insights - Analysts suggest that the increase in domestic AI model usage and monetization expectations may accelerate growth in the data calling volume and model performance, benefiting the domestic computing power industry chain [11] - The software development sector is also experiencing upward momentum, with new AI programming solutions being launched by major cloud service providers [11]

Core Insights - The main focus of the news is on the significant inflow of capital into specific stocks, indicating strong investor interest and potential growth in these companies. Group 1: Stock Performance and Capital Inflow - Top stocks by capital inflow include: - Tuo Wei Information with 1.263 billion yuan and a 10% increase [1] - Baogang Co. with 1.028 billion yuan and a 7.72% increase [2] - Huasheng Tiancheng with 0.961 billion yuan and a 9.31% increase [2] - Shuangliang Energy with 0.668 billion yuan and a 9.43% increase [2] - Yuyin Co. with 0.621 billion yuan and a 9.99% increase [2] - Other notable stocks include: - Hailanxin with 0.615 billion yuan and a 12.12% increase [2] - Junda Co. with 0.591 billion yuan and a 10% increase [2] - Hangang Co. with 0.536 billion yuan and a 9.96% increase [2] - Xianglu Tungsten with 0.472 billion yuan and a 10.01% increase [2] - Luoyang Molybdenum with 0.453 billion yuan and a 3.65% increase [2] Group 2: Sector Analysis - The stocks are categorized into various sectors, including: - Computer sector: Tuo Wei Information, Huasheng Tiancheng, Yuyin Co., and Jinxi Modern [2][3] - Steel sector: Baogang Co. and Hangang Co. [2] - Power equipment sector: Shuangliang Energy, Junda Co., and Maiwei Co. [2][3] - Non-ferrous metals sector: Xianglu Tungsten, Luoyang Molybdenum, and Zinc Industry Co. [2][3] - Machinery equipment sector: Liou Co. [2] - Electronics sector: Xinwei Communication and BOE A [3]

Group 1 - Major declines observed in the stock prices of several companies, including Dawi Technology, which hit the daily limit down, and Guanghuan Xinwang and Yuntian Lifeng, both dropping over 10% [1] - Other companies experiencing significant declines include Aofei Data, Wangsu Technology, Dataport, Qingyun Technology, Yunsai Zhili, Dongfang Guoxin, Yakang Co., and Hang Steel, all of which are among the top losers [1]

Market Performance - On February 11, the Zhejiang state-owned enterprise reform sector rose by 0.34% compared to the previous trading day, with Haining Picheng leading the gains [1] - The Shanghai Composite Index closed at 4131.98, up 0.09%, while the Shenzhen Component Index closed at 14160.93, down 0.35% [1] Individual Stock Performance - Haining Picheng (002344) closed at 5.16, up 4.45% with a trading volume of 518,800 shares and a transaction value of 265 million [1] - ST Shuyuan (000909) closed at 5.75, up 4.17% with a trading volume of 51,000 shares and a transaction value of 29.09 million [1] - Hangang Co. (600126) closed at 9.24, up 2.33% with a trading volume of 1,065,100 shares and a transaction value of 976 million [1] - Other notable stocks include Yunda Co. (300772) up 2.07%, Wuchan Jinlun (002722) up 1.44%, and Haizheng Shengcai (688203) up 1.34% [1] Capital Flow Analysis - The Zhejiang state-owned enterprise reform sector experienced a net outflow of 1.54 billion in main funds, while retail investors saw a net inflow of 1.476 billion [2] - The main capital flow for Huashu Media (000156) showed a net inflow of 71.00 million, while it faced a net outflow of 89.85 million from retail investors [3] - Hangang Co. (600126) had a net inflow of 53.54 million from main funds but a net outflow of 611,490 from retail investors [3]

Group 1 - The Ministry of Industry and Information Technology (MIIT) has initiated the construction of a national computing power interconnection node system, marking a shift from "dispersed construction" to "networked scheduling" in computing infrastructure [1] - The policy outlines a dual-layer computing network architecture consisting of regional and industry nodes, aimed at standardizing interconnection and efficient flow of computing resources across different regions and entities [1] - This initiative is seen as a systematic restructuring of the computing supply side, following the "East Data West Computing" strategy [1] Group 2 - Analysts highlight the significance of this notification for the computing power industry, emphasizing the integration and enhancement of resource utilization during a period of rapid expansion [2] - The notification is expected to further standardize domestic computing power construction, providing a clearer direction for development during the 14th Five-Year Plan and into the 15th Five-Year Plan [2] - The first year of the 15th Five-Year Plan is anticipated to focus on computing infrastructure as a core area of attention [2] Group 3 - Hangzhou Steel Group has partnered with Alibaba to build a cloud computing data center in Zhejiang, planning for approximately 30,000 cabinets, leveraging energy recovery from steel production to achieve a PUE as low as 1.25, resulting in overall computing costs being about 30% lower than the industry average [3] - Runjian Co. has established its own cloud computing center, "Wuxiang Cloud Valley," with around 20,000 cabinets, and is collaborating deeply with Alibaba Cloud in edge computing and AI intelligent operation and maintenance [3]

Core Viewpoint - Hangzhou Steel Group Co., Ltd. (杭钢股份) expects to achieve a net profit attributable to shareholders of approximately 22 million yuan for the fiscal year 2025, indicating a turnaround from a loss in the previous year [2] Financial Performance - The company anticipates a net profit of around 22 million yuan for 2025, compared to the previous year's statutory disclosure data, which indicates a significant improvement [2] - The expected net profit after deducting non-recurring gains and losses for 2025 is projected to be approximately -115 million yuan [2]