Group 1 - The A-share market saw significant gains with Linggang Co., Ltd. rising by 6.52% and Jinling Mining increasing by 5.62% [1] Group 2 - Dalian Commodity Exchange's iron ore futures for the near-month contract broke the historical threshold of 1000 yuan/ton, reaching a peak of 1000.5 yuan/ton [2] - The exchange implemented measures to cool down the iron ore futures market, limiting non-futures company members or clients to a maximum daily opening position of 5000 lots for the I2105 contract starting December 14 [2] - This marks the fourth intervention by the exchange in the past seven days, reflecting the regulatory body's commitment to the stable development of the commodity [2] - According to Yong'an Futures' research report, the recent alleviation of supply pressures and stable demand, coupled with steel mills' need to replenish stocks at year-end, have contributed to the upward price movement of iron ore [2]

Core Viewpoint - The report indicates a decline in China's wire rod (coil) production, with a projected output of 11.38 million tons in July 2025, representing a year-on-year decrease of 1.9% [1] Industry Summary - According to the National Bureau of Statistics, the cumulative production of wire rod (coil) in China from January to July 2025 is 78.96 million tons, showing a slight decline of 0.1% [1] - The report titled "Market Development Scale and Industry Demand Analysis of China's High-Speed Wire Rod Industry from 2025 to 2031" by Zhiyan Consulting provides insights into the market trends and future demand [1] Company Summary - Listed companies in the wire rod industry include Hangang Co., Ltd. (600126), Shagang Co., Ltd. (002075), Yongxing Materials (002756), Fangda Special Steel (600507), Linggang Co., Ltd. (600231), Fushun Special Steel (600399), *ST Xigang (600117), Liugang Co., Ltd. (601003), Magang Co., Ltd. (600808), and New Steel Co., Ltd. (600782) [1]

股票代码：600231 转债代码：110070 股票简称：凌钢股份 转债简称：凌钢转债 编 号：临 2025-073 凌源钢铁股份有限公司 关于持股 5%以上股东股份解除质押 及再质押的公告 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： 截至 2025 年 9 月 25 日，凌源钢铁股份有限公司（以下简称"公司"）持 股 5%以上的股东九江萍钢钢铁有限公司（以下简称"九江萍钢"）持有公司无 限售条件的流通股 311,179,639 股，占公司总股本的 10.91%，本次全部进行解 除质押及再质押。本次解除质押及再质押后，累计质押公司股份 311,179,639 股，占其持有公司股份比例为 100%。 途的情形。 3、股东累计质押股份情况 2025 年 1 月 20 日，九江萍钢将所持有公司 311,179,639 股股份质押给鞍资 (天津)融资租赁有限公司，质押到期日为 2028 年 08 月 23 日，具体内容详见公 司于 2025 年 1 月 21 日披露的《凌源钢铁股份有限公司凌源钢铁股份有限公司股 份 ...

Core Viewpoint - The company reported a significant decline in production and net profit for the first half of 2025, primarily due to weak demand in the steel industry and falling prices, despite efforts to reduce costs and improve efficiency [1][2]. Group 1: Financial Performance - The company produced 2.249 million tons of steel, a year-on-year decrease of 21.09% [1] - Iron production was 2.11 million tons, down 18.09% year-on-year [1] - The total sales volume of products reached 2.1868 million tons, a decline of 21.97% compared to the previous year [1] - The net profit for the first half of 2025 was a loss of 578 million yuan [1] - The net cash flow from operating activities turned positive at 104 million yuan, a significant improvement from the previous year [2] Group 2: Strategic Initiatives - The company is implementing a "two advances, one retreat" strategy, reducing rebar production while increasing the output of high-quality round steel and specialty strip steel [1] - Equipment upgrades and low-emission transformation projects have been completed, focusing on product research and production line upgrades [3] - The company is actively developing international markets, particularly in Southeast Asia and South Korea, and is working to increase exports [3] Group 3: Industry Position and Future Outlook - By December 2024, the company officially joined the Ansteel Group, enhancing its competitive advantage with an annual crude steel production capacity of 6 million tons [2] - The company aims to leverage its collaboration with Ansteel Group to enhance competitiveness and value in the evolving steel industry landscape [3] - The company is pursuing opportunities in overseas markets, including securing certifications for rebar sales in Russia and Thailand, and restoring the rebar market in Mongolia [3]

Core Viewpoint - Ling Steel Co., Ltd. reported a significant decline in production and net profit for the first half of 2025, primarily due to the ongoing weak demand in the steel industry and falling steel prices, despite efforts to reduce costs and improve efficiency [1][2]. Group 1: Financial Performance - The company produced 2.249 million tons of steel, a year-on-year decrease of 21.09% [1] - Iron production was 2.11 million tons, down 18.09% year-on-year [1] - The total sales of products reached 2.1868 million tons, a decline of 21.97% compared to the previous year [1] - The net profit for the first half of the year was a loss of 578 million yuan [1] - Operating cash flow turned positive, achieving 104 million yuan, a significant improvement from the previous year [2] Group 2: Strategic Initiatives - The company is implementing a "two in, one out" strategy, reducing rebar production while increasing the output of high-quality round steel and specialty strip steel [1] - Equipment upgrades and low-emission transformation projects have been completed, enhancing production capacity and efficiency [3] - The company is focusing on product research and development, as well as production line upgrades to increase the proportion of high-value-added products [3] Group 3: Market Expansion - Ling Steel is actively developing international markets, particularly in Southeast Asia and South Korea, to increase export volumes [3] - The company aims to leverage opportunities in the Belt and Road Initiative and is working on certifications for rebar sales in Russia and Thailand [3] - There is a focus on restoring the rebar market in Mongolia and promoting the use of grinding ball steel products there [3]

股票代码：600231 转债代码：110070 股票简称：凌钢股份 转债简称：凌钢转债 编 号：临 2025-072 凌源钢铁股份有限公司 关于 2025 年半年度业绩说明会召开情况的公告 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。 二、本次说明会投资者提出的主要问题及公司的回复情况 1.贵司优特钢板块增长趋势较好，"去螺增优"战略推进中面临哪些挑战， 如何进一步提高优特钢占比？ 答:优特钢的"小调品"即优钢品种结构调整量化生产困难，如何在现有设 备条件下提高优特钢产量，拟从三个方面发力： (1)深化合作增量。深入对接客户需求，变交易为伙伴，发掘增量机会，通 过增值服务提升客户粘性与复购率，扩大销量。 (2)拓展市场增量。积极开发新渠道、新市场或新应用领域，现有产品寻找 新的客户群体，开辟新的增长点，带动产量提升。 (3)产销联动增量。提高合同到位率，优化产线规格、材质、数量，保证生 产顺行，提高生产效率，从根本上提升产量。 一、本次说明会召开情况 凌源钢铁股份有限公司（以下简称公司）于 2025 年 9 月 16 日（星 ...

Market Performance - On September 16, the steel sector rose by 0.03% compared to the previous trading day, with Linggang Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 3861.87, up 0.04%, while the Shenzhen Component Index closed at 13063.97, up 0.45% [1] Individual Stock Performance - Linggang Co., Ltd. (600231) closed at 2.22, with a gain of 3.26% and a trading volume of 535,500 shares [1] - Shougang Co., Ltd. (000959) closed at 4.56, up 2.93%, with a trading volume of 1,214,500 shares [1] - Bayi Steel (600581) closed at 4.74, up 2.82%, with a trading volume of 1,132,200 shares [1] - Chongqing Steel (601005) closed at 1.58, up 2.60%, with a trading volume of 3,644,500 shares [1] - Shandong Steel (600022) closed at 1.60, up 2.56%, with a trading volume of 2,107,700 shares [1] Capital Flow Analysis - The steel sector experienced a net outflow of 293 million yuan from institutional investors, while retail investors saw a net inflow of 292 million yuan [2] - The main capital inflow and outflow for specific stocks included Shougang Co., Ltd. with a net inflow of 12.7 million yuan from main investors [3] - Huazhong Steel (000932) had a net inflow of 77.78 million yuan from main investors, while experiencing a net outflow of 40.31 million yuan from speculative investors [3]

Core Points - The company has elected Mr. Liu Zhengdong as the employee representative director of the ninth board of directors, effective from September 12, 2025 [1] - Mr. Liu meets the qualifications and conditions for directorship as per the Company Law and the company's articles of association [1] - The board composition remains compliant with regulations, ensuring that the number of directors who are also senior management or employee representatives does not exceed half of the total board members [1] Summary by Sections - **Election Announcement** - The company held an employee representative assembly on September 12, 2025, to elect Mr. Liu Zhengdong as the employee representative director [1] - His term will last until the end of the ninth board's term [1] - **Qualifications of Mr. Liu** - Mr. Liu is 55 years old, a member of the Communist Party, and holds a university degree [1] - He has extensive experience in various roles within the Ansteel Group, including positions related to management and legal affairs [1] - **Current Holdings** - Mr. Liu currently holds 550,000 restricted A-shares of the company [2] - He does not have any relationships with other directors, senior management, or significant shareholders as per the relevant regulations [2]

Group 1 - The company announced the election of Liu Zhengdong as the employee representative director of the ninth board of directors during the employee representative assembly scheduled for September 12, 2025 [2] - Liu Zhengdong's term will commence from the date of election approval at the employee representative assembly and will last until the end of the ninth board's term [2]

董事会 股票代码：600231 转债代码：110070 编 号：临 2025-071 股票简称：凌钢股份 转债简称：凌钢转债 凌源钢铁股份有限公司 关于选举职工代表董事的公告 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。 为进一步完善凌源钢铁股份有限公司（以下简称公司）治理结构，根据《中 华人民共和国公司法》（以下简称《公司法》）、《凌源钢铁股份有限公司章程》 （以下简称《公司章程》）等相关规定，公司于 2025 年 9 月 12 日召开职工代表 大会，选举刘政东先生（简历附后）为公司第九届董事会职工代表董事，任期自 本次职工代表大会选举通过之日起至公司第九届董事会任期届满之日止。 刘政 东先生符合《公司法》《公司章程》等规定的关于董事任职的资格和条件，并将 按照有关规定行使职权。 刘政东先生当选公司职工代表董事后，公司董事会中兼任高级管理人员职务 的董事以及由职工代表担任的董事未超过公司董事总人数的二分之一，符合相关 法律法规及规范性文件的要求。 特此公告。 凌源钢铁股份有限公司 2025 年 9 月 16 日 -1- 职 ...