Core Viewpoint - The company Lingang Co., Ltd. (stock code: 600231) has announced a forecast for its 2025 performance, expecting a net loss attributable to shareholders of between 1.45 billion to 1.67 billion yuan, compared to a loss of 1.678 billion yuan in the same period last year [4] Financial Performance - The forecasted net profit loss for 2025 is between 1.464 billion to 1.684 billion yuan, with the previous year's loss being 1.471 billion yuan [4] - The company's price-to-book ratio (LF) is approximately 1.31 times, and the price-to-sales ratio (TTM) is about 0.39 times based on the latest closing price [4] Industry Context - The steel industry is still in a phase of "reduction and optimization," facing challenges of strong supply and weak demand in 2025 [12] - The company is dealing with internal challenges, including delays in the commissioning of its No. 6 blast furnace and comprehensive annual repairs on the No. 5 blast furnace, which collectively reduced iron production by 500,000 tons [12] - The company is focusing on "reduction and quality improvement," emphasizing intensive production, quality enhancement, and cost control, although it has not yet turned around its loss situation [12] Non-Operating Income - Non-operating gains have increased by 22.198 million yuan compared to the previous year, primarily due to asset disposal losses related to the replacement of blast furnace capacity and various environmental improvement projects [12]

Group 1 - Shoukai Co. achieved a signed area of 125.72 million square meters and a signed amount of 17.845 billion yuan in 2025 [1] - Tongda Hai expects a net loss for the year 2025 [2] - Jiuri New Materials' subsidiary has entered the trial production phase for a project with an annual capacity of 350 tons of hydroxy ketone [3] Group 2 - Jixin Technology's shareholder plans to reduce their stake by up to 1% [4] - Fulai New Materials received approval from the CSRC for a stock issuance [5] - Yaqi International plans to sign a strategic cooperation framework agreement with Zhongnong Holdings [6] Group 3 - Sanwei Co.'s controlling shareholder plans to transfer up to 5.10% of shares [7] - Lekai Film's subsidiary plans to invest 97.6675 million yuan in a TAC functional film production line [8] - China Power Construction's subsidiary signed two major contracts totaling approximately 15.589 billion yuan [9] Group 4 - Shunhao Co. plans to increase its investment in a subsidiary by 74.98 million yuan [10] - Jieneng Wind Power reported a cumulative power generation of 12.417 billion kWh in 2025, a year-on-year increase of 1.43% [11] - Zhongjian Technology's H-share issuance application has been accepted by the CSRC [12] Group 5 - Hendi Pharmaceutical expects a net profit decrease of 57.4% to 66.14% in 2025 [13] - Haopeng Technology anticipates a net profit increase of 113.69% to 141.09% in 2025 [14] - Lingang Co. expects a net loss of 1.45 billion to 1.67 billion yuan in 2025 [15] Group 6 - Chuan Investment Energy reported a cumulative power generation of 6.627 billion kWh in 2025, a year-on-year increase of 13.85% [16] - Tengyuan Cobalt expects a net profit increase of 50.02% to 69.87% in 2025 [17] - Huazhi Jie plans to repurchase shares worth 30 million to 50 million yuan [18] Group 7 - Opto has won a bid for a 120 million yuan project from GoerTek [19] - Shanghai Construction reported a new contract amount of 252.942 billion yuan in 2025, a year-on-year decrease of 34.98% [20] - Hangfa Control expects a net profit decrease of 52.02% to 58.02% in 2025 [22] Group 8 - Shimao Energy is planning a change in control and will continue to suspend trading [23] - Shenwan Hongyuan Securities received approval for a bond issuance of up to 60 billion yuan [24] - Jingjiawei signed a strategic cooperation letter of intent with Jing'an Technology [25] Group 9 - Pianzaihuang completed the first subject enrollment for a clinical trial of a new drug [26] - Placo's subsidiary received a new veterinary drug registration certificate [27] - Zhongli Co. plans to reduce its stake by up to 0.75% [28] Group 10 - Solar Energy received renewable energy subsidies of 3.318 billion yuan in 2025, a year-on-year increase of 142.9% [29] - Palm Co. has filed a lawsuit to recover 144 million yuan in project payments [30][31] - Yongjin Co. plans to invest 2.658 billion yuan in a new stainless steel project [32] Group 11 - BAIC Blue Valley plans to increase its stake by 14.5 million to 16.4 million yuan [33] - Lingyun Light's stock issuance application has been approved by the CSRC [34] - Hongbo New Materials expects a net loss in 2025 [35] Group 12 - Shanghai Pharmaceuticals received approval for the listing of a new antifungal drug [36] - Changjiang Electric reported a net profit of 34.167 billion yuan in 2025, a year-on-year increase of 5.14% [37] - Weilan Bio received a new veterinary drug registration certificate [38] Group 13 - Pingzhi Information's subsidiary is expected to win a procurement project worth approximately 37.5884 million yuan [39]

Group 1 - The company, Lingang Co., expects a net loss of between -1.67 billion to -1.45 billion yuan for the year 2025, primarily due to challenges in its main business operations [1] - The steel industry is still in a phase of "reduction development and stock optimization," facing strong supply and weak demand challenges in 2025 [1] - Internal factors such as delays in the commissioning of the No. 6 blast furnace and comprehensive annual repairs on the No. 5 blast furnace resulted in a reduction of iron output by 500,000 tons, contributing to the financial losses [1] Group 2 - The company has incurred significant annual repair costs and high initial costs associated with new production, alongside an increase in income tax expenses by 419 million yuan due to unrecognized deferred tax assets related to losses [1] - Despite the inability to reverse the loss situation, the company has achieved a reduction in losses by focusing on "reduction and quality improvement," emphasizing intensive production and efficiency [1] - The company is actively expanding procurement channels and optimizing product structure while controlling energy consumption, costs, and expenditures [1]

凌钢股份(600231.SH)发布公告，公司预计2025年将出现亏损，实现归属于母公司所有者的净利润亏损 14.5亿元至16.7亿元。 2025年，钢铁行业仍处于"减量发展和存量优化"阶段，仍需应对强供给、弱需求的挑战。同时受公司内 部6#高炉投产滞后、5#高炉等全面年修影响，合计减少铁产量50万吨，大额年修费用和投产初期较高成 本，以及母公司对亏损未确认递延所得税资产影响，所得税费用增加4.19亿元。公司面对内外复杂形 势，聚焦"减量提质"，坚持集约生产，提质达效，全力拓展采购渠道，调品种、优结构、降能耗、降费 用、控支出、精机构、强协同，虽未能扭转亏损状态，但已实现减亏。 ...

Group 1 - The company, Lingang Steel (600231.SH), expects to report a net loss attributable to shareholders of the parent company ranging from 1.45 billion to 1.67 billion yuan in 2025 [1] - The steel industry is still in a phase of "reduction development and stock optimization," facing challenges of strong supply and weak demand in 2025 [1] - Internal factors such as the delayed production of the No. 6 blast furnace and comprehensive annual maintenance of the No. 5 blast furnace are expected to reduce iron output by 500,000 tons [1] Group 2 - The company anticipates significant annual maintenance costs and higher initial costs due to the delayed production, which will impact financial performance [1] - The increase in income tax expenses by 419 million yuan is attributed to the company's unrecognized deferred tax assets related to the losses [1] - Despite the inability to turn around the loss situation, the company has achieved a reduction in losses by focusing on "reducing quantity and improving quality" and optimizing production [1]

（文章来源：每日经济新闻） 每经AI快讯，1月13日，凌钢股份(600231.SH)公告称，凌钢股份发布2025年度业绩预告，预计归属于母 公司所有者的净利润亏损14.50亿元到16.70亿元。上年同期净利润为-16.78亿元。 ...

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： 一、本期业绩预告情况 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 2026-002 凌源钢铁股份有限公司 2025 年年度业绩预亏公告 （一）业绩预告期间 2025 年 1 月 1 日至 2025 年 12 月 31 日。 （二）业绩预告情况 经财务部门初步测算，公司预计 2025 年将出现亏损，实现归属于母公司所 有者的净利润-167,000 万元到-145,000 万元。 预计 2025 年归属于母公司所有者的扣除非经常性损益后的净利润-168,407 万元到-146,407 万元。 （三）本次业绩预告未经注册会计师审计。 本期业绩预告适用于净利润为负值的情形。 凌源钢铁股份有限公司（以下简称"公司"）预计 2025 年将出现亏损， 实现归属于母公司所有者的净利润-167,000 万元到-145,000 万元。 归属于母公司所有者的扣除非经常性损益后的净利润预计-168,407 万 元到-146,407 ...

人民财讯1月13日电，凌钢股份（600231）1月13日公告，预计2025年将出现亏损，实现归属于母公司所 有者的净利润亏损14.5亿元—16.7亿元，上年同期亏损16.78亿元。2025年，钢铁行业仍处于"减量发展 和存量优化"阶段，仍需应对强供给、弱需求的挑战。同时受公司内部6#高炉投产滞后、5#高炉等全面 年修影响，合计减少铁产量50万吨，大额年修费用和投产初期较高成本，以及母公司对亏损未确认递延 所得税资产影响，所得税费用增加4.19亿元。 ...

Core Viewpoint - Ling Steel Co., Ltd. has shown a mixed performance in stock price and financial results, with a notable decline in revenue but an increase in net profit year-over-year [2][3]. Group 1: Stock Performance - On January 6, Ling Steel's stock price increased by 2.35%, reaching 2.18 CNY per share, with a trading volume of 40.26 million CNY and a turnover rate of 0.66%, resulting in a total market capitalization of 6.212 billion CNY [1]. - Year-to-date, Ling Steel's stock price has risen by 1.87%, with a 5-day increase of 2.35%, a 20-day change of 0.00%, and a 60-day decline of 0.46% [1]. Group 2: Financial Performance - For the period from January to September 2025, Ling Steel reported an operating revenue of 11.759 billion CNY, a year-over-year decrease of 15.31%, while the net profit attributable to shareholders was -844 million CNY, reflecting a year-over-year increase of 38.12% [2]. - The company has not distributed any dividends in the past three years, with a total payout of 1.758 billion CNY since its A-share listing [3]. Group 3: Shareholder Information - As of September 30, 2025, the number of shareholders for Ling Steel increased to 48,400, a rise of 10.78%, while the average circulating shares per person decreased by 9.73% to 58,190 shares [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited holds 15.007 million shares, an increase of 2.7707 million shares from the previous period, while Guotai CSI Steel ETF is a new entrant with 8.6321 million shares [3].

凌源钢铁股份有限公司 可转债转股结果暨股份变动公告 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： 一、可转债发行上市概况 经中国证券监督管理委员会《关于核准凌源钢铁股份有限公司公开发行可转 换公司债券的批复》（证监许可[2020]204号）核准，凌源钢铁股份有限公司（以 下简称公司或本公司）于2020年4月13日公开发行440万张可转换公司债券，每张 面值人民币100元，发行总额为人民币4.40亿元，期限6年，票面利率为：第一年 为0.40%、第二年为0.70%、第三年为1.10%、第四年为1.60%、第五年为2.00%、 第六年为2.20%。 经上海证券交易所"自律监管决定书[2020]121号"文同意，公司本次发行 的4.40亿元可转换公司债券于2020年5月13日起在上海证券交易所上市交易，债 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 2026-001 公司本次发行的"凌钢转债"的转股期为2020年10月19日至2026年4月12日。 自 202 ...