Group 1: Banking and Financial Services - Multiple bank wealth management subsidiaries are applying for membership in the China Insurance Asset Management Association, with plans for all to join, potentially leading to a name change for the association to encompass the entire banking insurance asset management industry [1] - City commercial banks are gradually lowering deposit rates to align with national banks, reducing their competitive advantage in attracting savings [1] - Industrial and Commercial Bank of China has adjusted its deposit rates for various terms, now aligning with several joint-stock banks [1] Group 2: Automotive Industry - A price war in the Chinese automotive market, initiated by companies like BYD and Geely, is putting significant pressure on suppliers, with profit margins dropping to around 10% and extended payment terms of up to 120 days [2] - Industry experts warn that this price war could lead to supplier losses and potential safety issues in automotive quality [2] Group 3: Technology and Semiconductor - BOE Technology Group has commenced full-scale production of its 6th generation new semiconductor display device production line in Beijing, representing a significant advancement in China's high-end display sector with a total investment of 29 billion yuan and a designed monthly capacity of 50,000 pieces [1] Group 4: Corporate Financial Performance - Xiaomi Group reported a net profit of 10.676 billion yuan for Q1 2025, a year-on-year increase of 64.5%, with total revenue reaching 111.293 billion yuan, up 47.4% [2] - Zhihu reported a net loss of 10.1 million yuan for Q1 2025, a significant reduction of 93.9% compared to the previous year, with total revenue of 730 million yuan [3] Group 5: Legal and Regulatory Issues - Shaanxi Construction Group is involved in 76 litigation and arbitration cases, with a total amount in dispute of 3.02 billion yuan, affecting the company's current and future profits [3] - Sunac Real Estate Group has been executed for a total of 2.52 billion yuan across multiple cases, with over 416 billion yuan in total execution information [5] Group 6: Corporate Governance - Xu Ruizhe has been appointed as the new chairman of LQ Group, taking over from his father, who significantly expanded the company's operations across various sectors [5] Group 7: Market Activity - The Shanghai Composite Index experienced a slight decline of 0.18% amid a trading volume of 998.9 billion yuan, with mixed performance across sectors [10]

Core Viewpoint - The company has announced the upgrade and construction of its blast furnace equipment, specifically the replacement of existing furnaces with new ones, which will increase production capacity from 2.71 million tons to 3.08 million tons [1][2]. Group 1: Project Details - The original plan involved replacing two existing 450m³ furnaces and two 1000m³ furnaces with two 1550m³ furnaces, with a total production capacity of 2.71 million tons per year [1]. - The revised plan now includes replacing the existing furnaces with one 2290m³ furnace and one 1200m³ furnace, resulting in an increased capacity of 3.08 million tons [1][2]. - The replacement ratio has changed from 1.25:1 to 1.1:1 [2]. Group 2: Regulatory Compliance - The project has been verified and approved by the Liaoning Provincial Department of Industry and Information Technology, confirming that it meets the requirements of the "Steel Industry Capacity Replacement Implementation Management Measures" [2]. - The new 2290m³ furnace has been confirmed to align with the announced capacity replacement plan and is deemed ready for production [2].

2023 年 11 月 24 日和 12 月 12 日，鉴于目前的市场形势，并结合股东等行业 专家意见，公司对 1#-4#高炉装备升级建设项目方案进行变更，并召开第九届董 事会第三次会议和 2023 年第五次临时股东大会审议通过了《关于 1#-4#高炉装备 升级建设项目方案变更的议案》，将原"置换成 2 座容积 1550m³高炉"变更为"置 换成 1 座 2290m 3高炉和 1 座 1200m 3高炉"，置换后产能由 271 万吨变为 308 万吨， 置换比例由 1.25：1 变为 1.1:1。2023 年 11 月 25 日、2023 年 12 月 6 日、2023 年 12 月 13 日和 2025 年 2 月 18 日，公司在《中国证券报》《证券时报》及上海证 券交易所网站刊登的《凌源钢铁股份有限公司关于变更、启动固定资产投资项目 的公告》（临 2023-073）、《凌源钢铁股份有限公司关于 1#—4#高炉装备升级建设 项目进展的公告》（临 2023-077）、《凌源钢铁股份有限公司 2023 年第五次临时股 东大会决议公告》（临 2023-079）和《凌源钢铁股份有限公司关于 1#—4#高炉装 备升 ...

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。 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 5 月 14 日（星期三） 15:00-16:00 通过在"价值在线"（www.ir-online.cn）以网络互动形式召开了 凌源钢铁股份有限公司 2024 年度暨 2025 年第一季度业绩说明会。公司董事长张 鹏先生，董事、副总经理、总会计师由宇先生，董事会秘书王宝杰先生和独立董 事姜作玖先生参加了本次会议，针对公司 2024 年度及 2025 年第一季度的经营成 果及财务指标的具体情况与投资者进行互动交流和沟通。 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.公司的产品已经远销东南亚、中东、欧洲、美洲、非洲等 30 多个国家和 地区。请问公司未来是否有计划进一步拓展国际市场？具体计划是什么？是否 有计划通过国际化战略来进一步提升公司的全球市场份额？ 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 2025-035 凌源钢铁股份有限公 ...

证券代码：600231 证券简称：凌钢股份 公告编号：临 2025-034 转债代码：110070 转债简称：凌钢转债 凌源钢铁股份有限公司 关于以集中竞价交易方式回购股份的回购报告书 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、准确性和完整性依法承担法律责任。 重要内容提示： ● 相关股东是否存在减持计划：截至 2025 年 4 月 21 日，公司控股股东、董事、 监事、高级管理人员未来 3 个月、未来 6 个月无减持计划（通过股权激励计划实 施的减持除外）；公司实际控制人未来 3 个月、未来 6 个月不存在在二级市场直接 减持公司股票的计划；持股 5%以上的股东天津泰悦投资管理有限公司和九江萍钢 钢铁有限公司未来 3 个月、未来 6 个月不存在减持公司股票的计划。 ● 相关风险提示： 1.本次回购尚存在因公司股票价格持续超出回购方案披露的价格上限，导致回购方 案无法实施的风险。 2.本次回购尚存在因公司生产经营、财务状况、外部客观情况发生重大变化等原因， ● 回购股份金额：不低于人民币 5,000 万元且不超过人民币 10,000 万元。 ● 回购 ...

本公告经营数据未经审计，请投资者注意投资风险并审慎使用。 凌源钢铁股份有限公司 2025 年第一季度经营数据公告 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。 根据上海证券交易所《上市公司自律监管指引第 3 号-行业信息披露》第七号-钢铁的相关规定，现将公司 2025 年第一季度 经营数据公告如下： | 项目 | | | | | 产量（吨） | | | | | | | 销量（吨） | | | | | 平均售价（元/吨）（不含税） | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 2025 年 1 | | 季度 | 2024 | 年 1 | | 季度 | 变动比例（%）2025 | 年 1 | 季度 | 2024 | 年 1 | 季度 | 变动比例（%）2025 | 年 1 季度 | 2024 | 年 1 季度 | 变动比例（%） ...

证券代码：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2025-033 重要内容提示： 一、说明会类型 凌源钢铁股份有限公司（以下简称"公司"）已于 2025 年 4 月 1 日和 2025 年 4 月 30 日在上海证券交易所网站（www.sse.com.cn）分别披露了《凌源钢铁 股份有限公司 2024 年年度报告》《凌源钢铁股份有限公司 2024 年年度报告摘要》 和《凌源钢铁股份有限公司 2025 年第一季度报告》。为便于广大投资者更加全 面深入地了解公司经营业绩、发展战略等情况，公司定于 2025 年 05 月 14 日（星 会议召开时间：2025 年 05 月 14 日（星期三）15:00-16:00 会议召开地点：价值在线（www.ir-online.cn） 会议召开方式：网络互动方式 会 议 问 题 征 集 ： 投 资 者 可 于 2025 年 05 月 14 日 前 访 问 网 址 https://eseb.cn/1nnDtgGbP0I 或使用微信扫描下方小程序码进行会前提 问，公司将通过本次业绩说明会，在信息披露允许范围内就投资者普遍 关注的问题 ...

Financial Performance - The company reported a basic earnings per share of -0.0900 yuan for Q1 2025, an improvement of 18.18% compared to -0.1100 yuan in Q1 2024, but a decline from 0.0200 yuan in Q1 2023 [1] - The company's operating revenue decreased by 25.15% to 3.881 billion yuan in Q1 2025 from 5.185 billion yuan in Q1 2024, and also down from 5.531 billion yuan in Q1 2023 [1] - The net profit for Q1 2025 was -0.252 billion yuan, showing a 21.25% improvement from -0.320 billion yuan in Q1 2024, but a significant decline from a profit of 0.046 billion yuan in Q1 2023 [1] - The net asset return rate was -4.58% in Q1 2025, slightly worse than -4.40% in Q1 2024, and significantly lower than 0.56% in Q1 2023 [1] Shareholder Structure - The top ten unrestricted shareholders collectively hold 221,043.14 million shares, accounting for 78.4% of the circulating shares, with a decrease of 830.65 million shares compared to the previous period [1] - The largest shareholder, Lingyuan Steel Group Co., Ltd., holds 105,786.70 million shares, representing 37.52% of the total share capital, with an increase of 336.69 million shares [2] - Tianjin Taiyue Investment Management Co., Ltd. and Jiujiang Pinggang Steel Co., Ltd. maintained their holdings at 59,553.08 million shares (21.12%) and 31,117.96 million shares (11.04%) respectively [2] Dividend Policy - The company has announced that it will not distribute dividends or allocate bonus shares this time [3]

Financial Performance - The company's operating revenue for the first quarter was ¥3,880,702,054.33, a decrease of 25.15% compared to ¥5,184,547,532.62 in the same period last year[4] - The net profit attributable to shareholders was -¥251,907,534.31, an improvement from -¥319,584,884.42 year-on-year[4] - The net cash flow from operating activities was -¥133,264,154.37, showing a significant improvement from -¥632,253,269.77 in the previous year[4] - Basic and diluted earnings per share were both -¥0.09, compared to -¥0.11 in the same period last year[5] - The company's total revenue from sales in Q1 2025 was 4,170,882,358.88 RMB, down from 4,950,438,170.44 RMB in Q1 2024, reflecting a decrease of about 15.7%[23] - The net profit for the first quarter of 2025 was -251,907,534.31 RMB, compared to -319,584,884.42 RMB in the same period of 2024, showing an improvement of approximately 21.1%[22] - The company reported a total comprehensive income of -251,907,534.31 RMB for Q1 2025, compared to -319,584,884.42 RMB in Q1 2024, reflecting an improvement of approximately 21.1%[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥15,198,336,723.82, a slight decrease of 0.37% from ¥15,254,977,735.56 at the end of the previous year[5] - The company's total liabilities as of March 31, 2025, were RMB 9,835,456,010.49, compared to RMB 9,628,103,242.85 at the end of 2024[19] - The company's non-current assets totaled RMB 11,696,561,667.89 as of March 31, 2025, slightly up from RMB 11,683,382,887.13 at the end of 2024[18] - The company's inventory decreased to RMB 1,226,280,925.41 as of March 31, 2025, down from RMB 1,622,178,063.75 on December 31, 2024, reflecting a reduction of approximately 24.4%[17] Shareholder Information - The top shareholder, Lingyuan Iron and Steel Group Co., Ltd., holds 37.09% of the shares, with a total of 1,057,866,966 shares[8] - The company has a total of 45,010 common shareholders at the end of the reporting period[8] - The second largest shareholder, Tianjin Taiyue Investment Management Co., Ltd., holds 595,530,829 shares, accounting for 20.88%[10] - The company has pledged 311,179,639 shares, which is 97.63% of the total shares held by Jiujing Pinggang Steel Co., Ltd., and 10.91% of the company's total share capital[13] - The company has a repurchase account holding 32,072,049 shares, which is 1.12% of the total share capital[10] Operational Efficiency and Cost Management - The company has established a strong focus on maintaining its operational efficiency and cost management through strategic sourcing and partnerships[12] - The company reported significant related party transactions, including the purchase of coke for CNY 257,471,025.48 at a market price of CNY 1,393.07 per ton, which constitutes 36.01% of similar transactions[11] - The purchase of scrap steel amounted to CNY 259,104,805.85 at a market price of CNY 2,316.95 per ton, representing 99.30% of similar transactions[11] - The company engaged in various purchases from its controlling shareholder, including electricity at CNY 332,761,491.55, which is 95.84% of similar transactions[12] - The company has also sold steam for CNY 41,761,800.00 at an agreement price of CNY 50.00, which is 99.33% of similar transactions[12] Future Plans and Strategies - The company plans to continue its market expansion and product development strategies in the upcoming quarters[10] - The company plans to increase its A-share holdings with a maximum investment of RMB 40 million and a minimum of RMB 22 million over the next 12 months[14] Executive Changes - The company appointed new vice presidents and a chief accountant, effective until September 2026, following the resignation of two executives[15] Research and Development - The company incurred research and development expenses of 2,982,940.79 RMB in Q1 2025, up from 1,776,431.22 RMB in Q1 2024, representing an increase of approximately 67.8%[22] Cash Flow and Financial Expenses - Cash and cash equivalents at the end of Q1 2025 were 1,280,809,246.57 RMB, compared to 1,156,993,727.95 RMB at the end of Q1 2024, showing an increase of about 10.7%[24] - The total cash flow from financing activities in Q1 2025 was 413,901,429.60 RMB, compared to -13,584,863.43 RMB in Q1 2024, marking a significant turnaround[24] - The company reported a decrease in financial expenses from 20,494,512.00 RMB in Q1 2024 to 13,752,560.02 RMB in Q1 2025, a reduction of approximately 32.8%[22]

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 2025-031 凌源钢铁股份有限公司 关于取得金融机构股票回购专项贷款承诺函的公告 2、贷款额度：不超过人民币 9000 万元（大写：玖仟万元整），且不超过本 次股票回购资金总额的 90%； 3、贷款期限：不超过 36 个月； 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： 凌源钢铁股份有限公司（以下简称"公司"）于近日收到中国工商银行股份 有限公司辽宁省分行（以下简称"工行辽宁分行"）出具的《贷款承诺函》，工 行辽宁分行承诺对公司股票回购贷款不超过人民币 9000 万元（大写：玖仟万元 整），且不超过本次股票回购资金总额的 90%，贷款期限不超过 36 个月。 一、股份回购的基本情况 公司于 2025 年 4 月 21 日召开第九届董事会第二十四次会议，审议通过了《关 于以集中竞价交易方式回购公司股份的议案》，同意公司使用自有资金及自筹资 金以集中竞价交易方式回购公司股份，拟回购资金总额不低于人民币 5,00 ...