Financial Performance - The company reported a loss for the year 2022 and will not distribute profits or increase capital reserves[6]. - The company's operating revenue for 2022 was CNY 21.56 billion, a decrease of 17.57% compared to CNY 26.15 billion in 2021[23]. - The net profit attributable to shareholders was a loss of CNY 833.66 million, a decline of 190.75% from a profit of CNY 918.65 million in 2021[23]. - The net cash flow from operating activities was a negative CNY 785.34 million, down 221.73% from a positive CNY 645.14 million in 2021[23]. - The total assets at the end of 2022 were CNY 16.63 billion, a decrease of 5.56% from CNY 17.61 billion at the end of 2021[23]. - The basic earnings per share for 2022 was -CNY 0.29, compared to CNY 0.32 in 2021, reflecting a decrease of 190.63%[24]. - The weighted average return on equity was -9.63% in 2022, down 20.02 percentage points from 10.39% in 2021[24]. - The total profit for the reporting period was -109,371.90 million RMB, a significant decrease from 120,877.62 million RMB in the previous year[55]. - Operating profit dropped to -94,392.16 million RMB, representing a decline of 86.30% compared to the previous year's profit of 126,947.43 million RMB[55]. - The company reported a significant reduction in R&D expenses by 36.44% to 7.635 million RMB[52]. Risk Management and Compliance - The audit report issued by the accounting firm was a standard unqualified opinion, ensuring the accuracy and completeness of the financial report[5]. - The company has detailed potential risks in the management discussion and analysis section of the report[8]. - The company has a comprehensive risk disclosure in the report, highlighting various risks it may face in the future[8]. - The company is committed to maintaining transparency and accountability in its financial disclosures[9]. - The company has not engaged in non-operating fund occupation by controlling shareholders or related parties[8]. - There are no violations of decision-making procedures regarding external guarantees[8]. - The company aims to enhance its governance capabilities and risk control measures, particularly regarding financial obligations to its controlling shareholder[109]. - The company has established independent committees within the board to enhance governance and oversight functions[111]. - The independent directors have played a significant role in the formulation of the company's development strategy and financial auditing[111]. - The company has ensured compliance with laws and regulations regarding related party transactions and will disclose any relevant information promptly[175]. Operational Efficiency and Production - The company achieved a monthly production record for steel and materials, with a 59.8% variety ratio for medium and wide strip steel[32]. - The company maintained a low-cost strategy, with processing costs for rebar and ordinary carbon round steel among the industry's lowest[32]. - The company produced 5.1011 million tons of steel, a decrease of 5.65% year-on-year[51]. - The company achieved pig iron production of 4.816 million tons, exceeding the plan by 2.47%, and steel production of 5.1011 million tons, completing 99.05% of the plan[103]. - The company plans to replace two 450m³ and two 1000m³ blast furnaces with two 1550m³ furnaces, with a replacement ratio of 1.251:1, aiming for an annual capacity of 271 million tons[38]. - The company’s steel production capacity is 7.01 million tons, including 1.4 million tons of strip steel and 0.6 million tons of wire rod[38]. - The company has implemented multiple operational improvements, achieving an effective operation rate of 78.9% for the main shaft lifting system[90]. Environmental Initiatives - The company invested over 4 million RMB in environmental projects, including a coal-to-electricity initiative in the Tiedanshan area[89]. - The company has been recognized for its operational standards, being one of the first to pass the Ministry of Industry and Information Technology's review[48]. - The company maintained a focus on green development, achieving low emissions with specific metrics for pollutants per ton of steel produced[50]. - The company has established a comprehensive emergency response system for environmental incidents, with regular drills conducted to enhance risk management[161]. - The company achieved zero wastewater discharge and implemented energy recovery systems, leading to significant reductions in emissions and resource utilization[168]. - The HRB600 high-strength rebar product is recognized for its green and low-carbon attributes, saving approximately 45% and 20% in steel usage compared to HRB400 and HRB500, respectively[168]. Strategic Planning and Future Outlook - The company plans to implement a comprehensive cost reduction strategy to mitigate financial risks and improve operational efficiency[106]. - The company provided guidance for 2023, expecting revenue growth of 10% to 12%[119]. - The company plans to enter two new international markets by the end of 2023[119]. - The fixed asset investment plan for 2023 is set at 1.8 billion yuan, focusing on green development and ultra-low emission transformation projects[105]. - The company aims to increase its market share by 3% in the next year through targeted marketing strategies[119]. - The company plans to launch a new marketing campaign with a budget of $10 million to boost brand awareness in Q4 2023[120]. Shareholder Relations and Governance - The company has established a cash dividend policy, ensuring that cash dividends will not be less than 10% of the distributable profits in profitable years[141]. - The company plans not to distribute cash dividends or issue bonus shares for the current reporting period, indicating a focus on retaining earnings[147]. - The company has made timely revisions to its governance documents in response to regulatory changes in 2022[111]. - The company reported a total pre-tax compensation of 1,544.15 million CNY for its directors and senior management during the reporting period[115]. - The company has maintained independence in its operations without significant influence from controlling shareholders[111]. - The company has confirmed that it will not utilize related party transactions to transfer profits from Ling Steel Co. or harm the interests of its shareholders[175]. Market and Competitive Position - The company received the 9th Liaoning Provincial Governor Quality Award, indicating recognition for quality improvements[32]. - The company has been rated as an A-level enterprise in the latest evaluation of steel enterprise development quality and comprehensive competitiveness by the Metallurgical Industry Planning Research Institute[44]. - The company’s "Hualing" brand hot-rolled round steel has passed the IATF16949:2016 automotive quality management system certification, indicating high product quality[39]. - The company’s "Lingyuan" brand rebar is a nationally famous trademark and has been recognized as a quality product in various major construction projects[40]. - The company’s products are exported to over 40 countries and regions, including Southeast Asia, the Middle East, and the Americas[44]. Related Party Transactions - The total amount of related party transactions reached RMB 8,261,259,534.39, with significant transactions including the purchase of iron ore at RMB 1,841,136,181.36, accounting for 34.74% of similar transactions[188]. - The company engaged in related party transactions with its controlling shareholder, Ling Steel Group, for various goods and services, ensuring operational continuity through long-term service agreements[188]. - The company has established independent branding with trademarks such as "Lingyuan" and "Ling Steel," maintaining operational independence while engaging in necessary related transactions[188]. - The company has confirmed a liability of RMB 49,558,237.43 as a result of the court ruling, which was recognized as a liability and reduced the total profit for the year 2022 by the same amount[179].

2023 年第一季度报告 证券代码：600231 证券简称：凌钢股份 转债代码：110070 转债简称：凌钢转债 凌源钢铁股份有限公司 2023 年第一季度报告 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 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整，不存 在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务信息 的真实、准确、完整。 第一季度财务报表是否经审计 □是 √否 一、 主要财务数据 (一)主要会计数据和财务指标 单位：元 币种：人民币 | 项目 | 本报告期 | 本报告期比上年同期增减 | | | --- | --- | --- | --- | | | | 变动幅度(%) | | | 营业收入 | 5,531,291,081.21 | | -8.09 | | 归属于上市公司股东的净利润 | 45,988,853.38 | | -63.65 | | 归属于上市公司股东的扣除非 ...

2022 年第三季度报告 单位：元 币种：人民币 证券代码：600231 证券简称：凌钢股份 转债代码：110070 转债简称：凌钢转债 凌源钢铁股份有限公司 2022 年第三季度报告 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： 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完 整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中 财务信息的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、 主要财务数据 主要会计数据和财务指标 | --- | --- | --- | --- | --- | |-----------------------------------------------|------------------|----------------------------------------|-------------------|------------- ...

Financial Performance - The company reported a half-year revenue of 600 million RMB, reflecting a 10% increase compared to the same period last year[1]. - The net profit for the first half of 2022 was 80 million RMB, representing a 15% year-on-year growth[1]. - The company's operating revenue for the first half of 2022 was ¥12,870,939,837.02, representing a 2.10% increase compared to ¥12,605,743,300.67 in the same period last year[24]. - The net profit attributable to shareholders of the listed company decreased by 82.90% to ¥131,004,877.00 from ¥765,975,234.25 year-on-year[24]. - The total profit for the reporting period was CNY 193.28 million, a significant decrease from CNY 1,208.78 million in the previous year, representing a decline of 83.99%[49]. - Operating profit decreased to CNY 195.47 million from CNY 1,269.47 million, a drop of 84.63% year-over-year[49]. - The total comprehensive income attributable to the parent company's owners was CNY 131,004,877.00, a decrease from CNY 765,975,234.25 in the previous period[177]. - Basic earnings per share decreased by 81.48% to ¥0.05 from ¥0.27 in the same period last year[25]. Market Expansion and Product Development - The company has expanded its production capacity by 20%, aiming to meet the increasing market demand for steel products[1]. - User data indicates a 25% increase in customer base, with significant growth in the construction and manufacturing sectors[1]. - The company plans to launch a new line of eco-friendly steel products by Q4 2022, targeting a 30% market share in this segment[1]. - The company is exploring potential mergers and acquisitions to enhance its market position and diversify its product offerings[1]. - The company’s main products include hot-rolled round steel and rebar, which have received multiple quality awards and certifications, enhancing their market position[32]. - The company exports its products to over 30 countries and regions, including Southeast Asia, the Middle East, and Africa, indicating strong international market presence[32]. Research and Development - The company has invested 50 million RMB in R&D for new technologies aimed at improving production efficiency[1]. - The company continues to focus on R&D and has received various quality certifications for its products, which are widely used in major infrastructure projects[32]. - The company has developed over 20 personalized products, including Q390MC and A572-GR50, utilizing advanced micro-alloying techniques, and has achieved full coverage of pipeline steel grades below X60[39]. - Research and development expenses for the first half of 2022 were ¥3,593,990.38, down from ¥4,173,784.29 in the same period of 2021, indicating a decrease of about 13.8%[172]. Financial Position and Cash Flow - The net cash flow from operating activities was ¥558,254,019.20, a significant recovery from a negative cash flow of -¥180,901,702.03 in the previous year[24]. - Cash flow from operating activities improved significantly, with a net cash flow of 558.25 million yuan compared to -180.90 million yuan in the previous year[47]. - The company reported a net cash outflow from investing activities of ¥126,321,657.92, a recovery from a net outflow of ¥67,884,403.15 in the same period last year[187]. - The ending cash and cash equivalents balance was ¥1,460,378,211.51, an increase from ¥1,355,259,537.84 at the end of the first half of 2021[187]. Environmental Management and Sustainability - The company has achieved significant reductions in emissions, with organized particulate matter emissions at 0.34 kg per ton of steel and sulfur dioxide emissions at 0.23 kg per ton of steel[42]. - The company is actively pursuing low-carbon transformation and energy efficiency improvements in response to national policies on carbon emissions and environmental regulations[75]. - The company has established a carbon resource management system to enhance carbon reduction efforts and comply with local regulatory requirements[75]. - The company is focused on maintaining compliance with environmental standards, as evidenced by the consistent performance across various emission points[91]. - The company plans to invest over 700 million yuan in comprehensive governance and ultra-low emission transformation across various production areas, enhancing its environmental performance[101]. Challenges and Risk Factors - Risk factors have been identified, including fluctuations in raw material prices and potential regulatory changes impacting the steel industry[1]. - The company faced significant challenges during the reporting period, with national pig iron, crude steel, and steel output decreasing by 4.7%, 6.5%, and 4.6% respectively, totaling 439 million tons, 527 million tons, and 667 million tons[35]. - The steel market experienced a trend of reduced supply, weak demand, rising inventory, falling prices, increased costs, decreased revenue, and profit contraction due to complex international conditions and domestic pandemic outbreaks[35]. - Financial risks remain due to high asset-liability ratios in the steel industry, with the company focusing on expanding financing channels and optimizing capital structure[75]. Corporate Social Responsibility - The company directly procured nearly CNY 300,000 worth of agricultural products from the village as part of the "Consumption Assistance New Spring Action" during the poverty alleviation efforts[105]. - The pig farm and planting project in Guojia Village is expected to generate profits exceeding CNY 500,000 for the year, providing funds of CNY 73,300 to 108 registered impoverished households[105]. - The company created 30 jobs through poverty alleviation projects and provided 26 public welfare positions, distributing CNY 52,000 in wages to impoverished individuals[105]. - The company donated CNY 14,000 worth of free medical services to Guojia Village residents through collaboration with a local hospital[105].

2022 年第一季度报告 证券代码：600231 证券简称：凌钢股份 转债代码：110070 转债简称：凌钢转债 凌源钢铁股份有限公司 2022 年第一季度报告 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个别及连带责任。 重要内容提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整，不存 在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务报表 信息的真实、准确、完整。 第一季度财务报表是否经审计 □是 √否 一、 主要财务数据 | --- | --- | --- | --- | --- | --- | --- | --- | |----------|----------------------------------------------|------------|------------------|-------|-------|------------------------------------- ...

Dividend and Shareholder Returns - The company plans to distribute a cash dividend of 0.97 RMB per 10 shares to all shareholders based on the total share capital as of the dividend distribution date[5]. - The company has committed to maintaining the distribution ratio per share even if the total share capital changes before the dividend distribution date[5]. - The company has cumulatively distributed CNY 1.48 billion in cash dividends since its listing, excluding loss years[191]. Financial Performance - The company's operating revenue for 2021 was CNY 26.15 billion, an increase of 28.85% compared to CNY 20.30 billion in 2020[22]. - The net profit attributable to shareholders for 2021 was CNY 918.65 million, representing a 64.61% increase from CNY 558.07 million in 2020[22]. - The net cash flow from operating activities decreased by 61.92% to CNY 645.14 million in 2021, down from CNY 1.69 billion in 2020[22]. - The total assets at the end of 2021 were CNY 17.61 billion, a 10.08% increase from CNY 15.99 billion at the end of 2020[22]. - The basic earnings per share for 2021 were CNY 0.32, up 60.00% from CNY 0.20 in 2020[23]. - The weighted average return on equity increased by 3.44 percentage points to 10.39% in 2021, compared to 6.95% in 2020[23]. - The company reported a net profit of CNY 238.21 million in Q1 2021, with a total operating revenue of CNY 5.78 billion for the same period[29]. - The company experienced a net loss of CNY 175.67 million in Q4 2021, despite generating CNY 6.07 billion in operating revenue[29]. - The company achieved an operating income of 26.154 billion RMB, a year-on-year increase of 28.85%[55]. - The net profit for the reporting period was 919 million RMB, reflecting a year-on-year growth of 64.61%[52]. - The total assets at the end of the reporting period were 17.608 billion RMB, an increase of 10.08% from the beginning of the year[52]. - The company maintained a debt-to-asset ratio of 47.46%, a decrease of 0.80 percentage points compared to the beginning of the year[52]. Operational Efficiency and Production - The company achieved a historical high in operational performance, with a significant focus on cost reduction and innovation, leading to a profit increase of over ¥500 million annually from improved pricing strategies[33]. - The average daily production of special steel increased from 6,700 tons to 7,100 tons, marking a historic breakthrough in production efficiency[36]. - The company produced 5.4068 million tons of steel, a year-on-year decrease of 6.96%[52]. - The company achieved a year-on-year increase of 14.2% in the national industrial producer's ex-factory prices, with mining industry prices rising by 34.4% and raw material prices increasing by 15.8%[41]. - The company’s steel pipe production decreased by 38.99% year-on-year to 57,900 tons, with an operating income of ¥38,263.05 million, down 10.52% year-on-year[107]. Market Expansion and Product Development - The company successfully entered the photovoltaic support and other new energy sectors, enhancing its market presence[33]. - The company has developed a range of products including HRB600 and HRB500E rebar, becoming the first in Northeast China to produce large specifications[48]. - The company is currently implementing a project to replace three 35-ton converters with one 120-ton converter, which will result in a net capacity increase of 135,000 tons per year[44]. - The company is focusing on market expansion and optimizing product structure to adapt to changing market conditions[107]. - The company is considering strategic acquisitions to enhance its product portfolio, with a budget of 300 million allocated for potential deals[132]. Environmental Compliance and Sustainability - The company has been recognized as a "green factory" at both provincial and national levels, emphasizing its commitment to environmental sustainability[51]. - The company has achieved zero emissions for wastewater and steel slag, and all energy-saving and emission reduction indicators are at industry-leading levels[193]. - The company has implemented measures to ensure that all environmental protection facilities operate in accordance with national discharge permit requirements[183]. - The company invested CNY 330 million to build complete environmental protection facilities for a 320m² sintering machine, achieving ultra-low emission standards[189]. - The company has dispatched 7 first secretaries and 1 working team to support rural revitalization and poverty alleviation efforts[194]. Risk Management and Governance - The company emphasizes the importance of understanding the difference between plans, forecasts, and commitments in its forward-looking statements[6]. - The company has detailed potential risks in the section "Management Discussion and Analysis" of the report[6]. - The company faces significant market risks due to complex external environments, including demand contraction and supply shocks, with a focus on maintaining core competitiveness through a low-cost strategy and digital transformation[119]. - New policies on steel production and energy efficiency standards pose regulatory risks, necessitating proactive measures for low-carbon transformation and compliance with national policies[119]. - The company has established a three-year shareholder return plan (2021-2023) to enhance shareholder value and governance practices[123]. Remuneration and Management Structure - The total pre-tax remuneration for the board members and senior management during the reporting period amounted to CNY 1,525.85 million[127]. - The company has established a performance evaluation mechanism for directors and senior management, with compensation linked to performance metrics[167]. - The remuneration system for directors and senior management is proposed by the remuneration and assessment committee and approved by the shareholders' meeting[144]. - The company has a performance assessment system for determining annual performance remuneration for directors and senior management[144]. Employee and Training Initiatives - The total number of R&D personnel is 243, accounting for 3.23% of the company's total workforce[73][75]. - In 2022, the company plans to conduct 362 training sessions, training 22,326 participants with a total of 5,895 teaching hours[159]. - The workforce consists of 6,247 production personnel, 124 sales personnel, 1,019 technical personnel, 56 financial personnel, and 88 administrative personnel[153].

2021 年第三季度报告 证券代码：600231 证券简称：凌钢股份 转债代码：110070 转债简称：凌钢转债 凌源钢铁股份有限公司 2021 年第三季度报告 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个别及连带责任。 重要内容提示： 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务 报表信息的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、 主要财务数据 (一)主要会计数据和财务指标 | --- | --- | --- | --- | --- | --- | --- | |------------------|------------------------------|------------------|--------------------------------------|-------|----------------- ...

Financial Performance - The company reported a significant increase in revenue for the first half of 2021, with total revenue reaching RMB 1.2 billion, representing a year-on-year growth of 15%[17]. - The company's operating revenue for the first half of the year reached ¥12,605,743,300.67, representing a 36.31% increase compared to ¥9,247,858,332.46 in the same period last year[24]. - Net profit attributable to shareholders was ¥765,975,234.25, a significant increase of 404.02% from ¥151,974,486.06 year-on-year[24]. - The basic earnings per share rose to ¥0.27, marking a 440.00% increase from ¥0.05 in the previous year[25]. - The total profit for the reporting period was 1.011 billion RMB, a 32.92% increase from the previous year's 760.721 million RMB[43]. - The company reported a significant increase in taxes and additional fees, totaling 897.351 million RMB, up 58.86% from the previous year[42]. - The company reported a net cash flow from operating activities of approximately ¥222.74 million, a decrease from ¥1.25 billion in the first half of 2020[183]. Market Expansion and Strategy - The company plans to expand its market presence by entering two new provinces, aiming for a 10% increase in market share by the end of 2021[17]. - The company has no plans for major acquisitions in the near term but is exploring strategic partnerships to enhance its supply chain efficiency[17]. - The company aims to enhance its brand by developing low-carbon products and providing personalized solutions through advanced technologies like 5G and AI[39]. - The company is focusing on optimizing its production processes to achieve a cost reduction strategy, aiming to be in the top quartile of the industry for main process costs[39]. - The company plans to implement a digital empowerment strategy to enhance manufacturing efficiency and reduce costs through smart technologies[39]. Research and Development - The company has allocated RMB 50 million for research and development in advanced steel manufacturing technologies for 2021[17]. - R&D expenses increased by 40.71% to 4.174 million RMB, reflecting a commitment to innovation and high-end product development[42]. - The company has developed new steel grades such as Q235BGQ and Q420MB for specific infrastructure projects, demonstrating its innovation capabilities[36]. - The company has received multiple quality awards for its products, including the "Metallurgical Product Quality Gold Cup Award" and is recognized as a key brand in Liaoning Province[30]. Environmental Compliance and Sustainability - The company reported a particulate matter emission of 0.46 kg per ton of steel and sulfur dioxide emission of 0.31 kg per ton of steel[36]. - The company has implemented continuous monitoring for emissions, ensuring compliance with environmental standards[81]. - The company has a wastewater treatment facility that recycles water, ensuring compliance with environmental regulations[81]. - The company has maintained a normal operation status for all major pollution control facilities[79]. - The company has implemented measures to reduce carbon emissions, including a 0.2 kg reduction in the comprehensive coke ratio and an 11.8 kg reduction in iron consumption per ton of steel[91]. Financial Health and Risks - The company has maintained a strong liquidity position with a current ratio of 1.5, ensuring sufficient funds for operational needs and investments[17]. - Risk factors include fluctuations in raw material prices, which could impact profit margins if not managed effectively[17]. - Financial risks are present due to high asset-liability ratios and reliance on guarantees from the controlling shareholder, necessitating improved financing strategies[69]. - The company emphasizes a low inventory strategy to enhance capital efficiency and reduce financing costs[69]. Related Party Transactions - The total amount of related party transactions during the reporting period reached approximately RMB 3.78 billion, with significant transactions including the purchase of iron concentrate for RMB 1.04 billion, accounting for 28.06% of similar transactions[104]. - The company provided guarantees to its controlling shareholder, Lingang Group, as per the mutual guarantee agreement, with ongoing updates disclosed throughout the reporting period[103]. - The company continues to engage in related transactions with Lingang Group, which do not affect its independence[106]. Shareholder Information - The largest shareholder, Lingyuan Steel Group, holds 1,012,999,876 shares, representing 35.52% of the total shares[128]. - The total number of common shareholders at the end of the reporting period was 56,802[128]. - The company’s major shareholder pledged 14.9 million shares, representing 25.47% of their holdings, and 5.27% of the total shares at the time of the pledge[118]. Operational Efficiency - The company produced 2.7093 million tons of steel, a decrease of 3.84% year-on-year, and 2.5685 million tons of iron, down 3.38% year-on-year[39]. - The company achieved iron concentrate production of 258,800 tons, a year-on-year increase of 0.07%[60]. - The overall ore recovery rate improved to 87.01%, with the original ore grade reaching 23.98%, an increase of 0.26 percentage points from the plan[60].

公司代码：600231 公司简称：凌钢股份 转债代码：110070 转债简称：凌钢转债 转股代码：190070 转股简称：凌钢转股 凌源钢铁股份有限公司 600231 2021 年第一季度报告 | 一、 | 重要提示 2 | | --- | --- | | 二、 | 公司基本情况 2 | | 三、 | 重要事项 4 | | 四、 | 附录 9 | 2021 年第一季度报告 一、 重要提示 二、 公司基本情况 2.1 主要财务数据 | | 本报告期末 | 上年度末 | 本报告期末比上年度末 | | --- | --- | --- | --- | | | | | 增减(%) | | 总资产 | 16,814,562,526.19 | 15,995,943,735.33 | 5.12 | | 归属于上市公司股东的净资产 | 8,647,712,370.84 | 8,276,791,477.06 | 4.48 | | 归属于上市公司的每股净资产（元） | 3.06 | 2.99 | 2.34 | | | 年初至报告期末 | 上年初至上年报告期末 | 比上年同期增减(%) | | 经营活动产生的现金流量净额 | -34 ...

Dividend Distribution - The company plans to distribute a cash dividend of 0.60 RMB per 10 shares to all shareholders, based on the total share capital on the dividend record date [6]. - In 2020, the company distributed cash dividends of 0.60 RMB per 10 shares, amounting to a total of 169,569,522.90 RMB, which represents 30.38% of the net profit attributable to shareholders [124]. - The cash dividend distribution in 2019 was 0.49 RMB per 10 shares, totaling 135,783,060.06 RMB, which accounted for 31.75% of the net profit attributable to shareholders [124]. Financial Performance - The company's operating revenue for 2020 was CNY 20,297,333,479.25, a decrease of 3.88% compared to 2019 [25]. - The net profit attributable to shareholders for 2020 was CNY 603,390,362.51, an increase of 23.67% year-on-year [25]. - The net cash flow from operating activities reached CNY 1,694,047,188.61, representing a 46.49% increase from the previous year [25]. - The basic earnings per share for 2020 was CNY 0.20, up 33.33% from CNY 0.15 in 2019 [26]. - The total assets at the end of 2020 were CNY 15,995,943,735.33, a slight increase of 0.63% compared to the end of 2019 [25]. - The company's net assets attributable to shareholders increased by 6.81% to CNY 8,276,791,477.06 by the end of 2020 [25]. - The company reported a total of CNY 4,286,988,645.12 in revenue for Q1 2020, with a net profit of CNY 4,459,191.16 [29]. - In Q4 2020, the revenue was CNY 5,644,832,330.44, with a net profit of CNY 137,275,591.59 [29]. - The company recorded non-operating losses of CNY 45,317,126.36 due to various factors, including asset disposal losses [30]. - The weighted average return on net assets for 2020 was 6.95%, an increase of 1.31 percentage points from 2019 [26]. - Revenue for the reporting period was CNY 20.297 billion, a decline of 3.88% compared to the previous year, while net profit increased by 30.48% to CNY 558 million [49]. - The company achieved a total asset growth of 0.63% to CNY 15.996 billion, with total liabilities reduced by 5.25% to CNY 7.719 billion, resulting in an asset-liability ratio of 48.26%, down 2.99 percentage points [49]. Operational Performance - The company produced 5.811 million tons of steel, a year-on-year decrease of 1.58%, while iron production increased by 0.32% to 5.4243 million tons [49]. - The company’s steel production capacity includes 5 blast furnaces with a total pig iron capacity of 5.057 million tons and 6 converters with a crude steel capacity of 5.7 million tons [83]. - The company produced 5,758,292.40 tons of hot-rolled steel in the current year, with a revenue of CNY 1,911,040.92 million [86]. - The production volume of welded pipes was approximately 94,956 tons, with a sales volume of 97,353 tons, reflecting a production increase of 6.50% [58]. - Steel pipe production reached 95,000 tons, a year-on-year increase of 6.5%, with revenue of 42,763.17 million RMB, up 6.02% [105][106]. Risk Management - The company has detailed potential risks in its report, including operational and strategic risks [8]. - The company emphasizes the importance of understanding the differences between plans, forecasts, and commitments in its forward-looking statements [7]. - The company faces significant market volatility risks due to the ongoing impact of the COVID-19 pandemic and high iron ore prices, necessitating a focus on optimizing product variety and production efficiency [119]. Environmental Compliance - The company has made significant progress in environmental compliance, completing carbon emission verification and energy consumption inspections [48]. - The company has established a comprehensive information platform integrating research, production, sales, and service, and has developed 13 provincial and ministerial-level scientific achievements and 16 national utility model patents [41]. - The company has been recognized as a "green factory" at both provincial and national levels, leading the industry in achieving ultra-low emissions and zero wastewater discharge [42]. - The company reported zero wastewater discharge during the reporting period [169]. - The company achieved a dust emission of 584.859 tons, particulate matter 5,633.837 tons, sulfur dioxide 2,237.217 tons, and nitrogen oxides 3,838.595 tons during the reporting period, all meeting the discharge permit requirements [169]. - The company operates 91 sets of environmental protection facilities, including 22 wastewater treatment facilities and 69 air pollution control facilities, all in compliance with discharge standards [176]. Corporate Governance - All board members attended the board meeting, ensuring collective responsibility for the report's accuracy [4]. - The company has not faced any situations where more than half of the directors cannot guarantee the report's authenticity [8]. - The company has confirmed that all commitments made are independently enforceable, ensuring the validity of each commitment [127]. - The company has not reported any significant changes in accounting policies or estimates that would affect prior years [130]. - The company has not disclosed any stock incentive plans or employee stock ownership plans during the reporting period [136]. Social Responsibility - The company actively participated in poverty alleviation efforts, implementing targeted measures in collaboration with local governments and communities [158]. - The company has established a three-year poverty alleviation plan, demonstrating its commitment to social responsibility and community support [158]. - The company has invested a total of 94.61 million RMB in poverty alleviation efforts during the reporting period [160]. - A total of 313 individuals have been helped to escape poverty, with 243 of them being registered poor households [163]. - The company has committed to ensuring that all poverty-stricken individuals in its designated assistance areas achieve stable poverty alleviation [164]. Innovation and Development - The company has made substantial progress in technical innovation, with advancements in various steel production processes and the introduction of new technologies that have reached domestic leading levels [41]. - The company has expanded its product range, including the development of 15 personalized products and new grades such as Q235BGQ and Q420MB for specific applications, enhancing its market competitiveness [41]. - The total R&D investment amounted to 463,213,193.10 yuan, representing 2.28% of operating revenue, with 349 R&D personnel, which is 4.52% of the total workforce [66]. Related Party Transactions - The company has provided guarantees totaling 383,081.36 million RMB to shareholders, actual controllers, and their related parties [146]. - The total amount of related transactions with Lingyuan Steel Group for purchasing iron concentrate was approximately CNY 1.85 billion, accounting for 34.17% of similar transaction amounts [139]. - The company continues to rely on Lingyuan Steel Group for essential supplies such as coke and utilities, ensuring operational continuity [141]. - The company has established long-term agreements with Lingyuan Steel Group to manage necessary related transactions [141]. Financing Activities - The company successfully issued CNY 440 million in convertible bonds and has a CNY 1 billion corporate bond project in progress, optimizing its capital structure [48]. - The company received approval for short-term financing bonds from the interbank market association, enhancing its financing capabilities [4]. - The company plans to issue corporate bonds to professional investors, with the proposal approved by the board and shareholders, and the related materials are currently under review [6].