Investment Rating - The report maintains a "Recommended" rating for the company [4][5]. Core Views - The company achieved a revenue of 72.543 billion yuan in 2023, a year-on-year increase of 2.7%, while the net profit attributable to shareholders decreased by 1.7% to 2.125 billion yuan [2][3]. - The company is focusing on optimizing its product structure and capturing the high-end steel market, with advanced steel material sales increasing by 25.15% to 2.5879 million tons, accounting for 25.06% of total steel product sales [4]. - The company is expanding its overseas market presence, with steel exports increasing by 85% in 2023, achieving a record export volume of 1.2 million tons [4]. Financial Performance Summary - In 2023, the company's total steel sales reached 10.3264 million tons, a year-on-year increase of 5.91% [3]. - The gross profit margin for 2023 was 10.53%, showing a slight decline of 0.16 percentage points year-on-year [3]. - The company’s operating expenses increased by 16.46% in 2023, primarily due to the gradual production of the Indonesian coking coal project and increased depreciation and amortization from green low-carbon and digital transformation projects [3]. Future Outlook - The company is expected to achieve net profits of 2.427 billion yuan, 2.706 billion yuan, and 2.849 billion yuan for the years 2024, 2025, and 2026, respectively, with corresponding PE ratios of 12x, 11x, and 10x [4][5]. - The company is strategically positioning itself along the upstream supply chain by establishing overseas coking coal production bases in Indonesia, with a total annual production capacity of 6.5 million tons [4].

Financial Performance - The company's operating revenue for 2023 was CNY 72.54 billion, an increase of 2.65% compared to CNY 70.67 billion in 2022[22]. - The net profit attributable to shareholders for 2023 was CNY 2.13 billion, a decrease of 1.67% from CNY 2.16 billion in 2022[22]. - The net cash flow from operating activities decreased by 28.71% to CNY 2.68 billion in 2023 from CNY 3.75 billion in 2022[22]. - The basic earnings per share for 2023 was CNY 0.3447, down 1.84% from CNY 0.3512 in 2022[23]. - The total assets as of the end of 2023 were CNY 73.18 billion, a decrease of 2.01% from CNY 74.67 billion at the end of 2022[22]. - The company's operating costs rose to approximately ¥64.85 billion, reflecting a 2.83% increase from ¥63.07 billion year-on-year[79]. - The net profit for the reporting period was approximately ¥2.24 billion, a decrease of 3.40% compared to the previous period[81]. - The total operating revenue reached approximately ¥72.36 billion, reflecting a year-on-year increase of 2.94%[84]. Dividends and Shareholder Returns - The company plans to distribute a cash dividend of RMB 2.5 per 10 shares to all shareholders, pending approval at the 2023 annual general meeting[7]. - The company has established a cash dividend policy, committing to distribute no less than 30% of the annual net profit attributable to shareholders as cash dividends for the years 2024-2026[193]. - For the fiscal year 2022, the company approved a cash dividend of 0.25 yuan per share, totaling approximately 1.54 billion yuan distributed to shareholders[194]. - The total cash dividend amount (including tax) is CNY 1,541,272,752.75, which accounts for 72.52% of the net profit attributable to ordinary shareholders of the listed company in the consolidated financial statements[198]. Audit and Compliance - The company reported a standard unqualified audit opinion from Tianheng Accounting Firm for the financial statements[6]. - The board of directors has confirmed that all members attended the board meeting, ensuring accountability for the report's accuracy[5]. - The financial report includes signatures from the legal representative and accounting personnel, ensuring its authenticity[13]. - The company has not violated decision-making procedures for external guarantees[9]. - There are no non-operating fund occupations by controlling shareholders or related parties[9]. Risk Management - The company has outlined potential risks in its future development, which are detailed in the management discussion and analysis section[10]. - The report emphasizes the importance of understanding the differences between plans, forecasts, and commitments, highlighting investment risks[8]. - The company has identified various risks associated with commodity futures hedging, including basis risk, policy risk, and operational risk[125]. - The company has implemented risk control measures, including establishing a digital risk management system and enhancing the professional knowledge of hedging personnel[125]. Production and Sales - The company's steel production increased to 10.3987 million tons, a year-on-year rise of 5.63%[31]. - Advanced steel material sales amounted to 2.5879 million tons, a year-on-year increase of 25.15%, accounting for 25.06% of total steel product sales[29]. - The company recorded a non-operating income of CNY 211.32 million from government subsidies in 2023, indicating support from local policies[26]. - The company achieved a reduction in M-end process costs by 1.919 billion RMB year-on-year[31]. - The company exported 1.25 million tons of steel, setting a historical record, with a 44% year-on-year increase in high-end steel supply for international projects[40]. Research and Development - The company invests over 3% of its revenue in R&D annually, developing advanced steel materials for various industries[55]. - The company has maintained R&D investment at over 3% for several consecutive years, focusing on technological innovation to drive industry development[72]. - The company has developed 231 products and technological achievements, with 151 reaching international leading or advanced levels[74]. - The R&D department has made advancements in eco-friendly steel production techniques, aiming to reduce carbon emissions by 15%[165]. Environmental and Sustainability Initiatives - The company aims to achieve carbon peak by 2030 and carbon neutrality by 2050, with a low-carbon energy strategy committee established to enhance energy efficiency[43]. - The company is committed to innovation in the green low-carbon sector, focusing on wastewater treatment and solid waste management services[65]. - The company is addressing environmental risks by advancing its ultra-low emissions transformation and focusing on clean production and low-carbon development[151]. Governance and Management - The company has established an independent accounting system and financial management framework, ensuring no interference from the controlling shareholder in financial decisions[155]. - The company has committed to avoiding competition with its controlling shareholder, with relevant commitments documented in the report[156]. - The company has established specialized committees under the board, including audit, nomination, remuneration, and strategic committees[180]. - The company has a diverse board with a mix of independent and non-independent directors, ensuring a balanced governance structure[161]. Market Expansion and Strategic Initiatives - The company is expanding its market presence in Southeast Asia, targeting a 25% increase in sales in that region over the next year[162]. - The company plans to enhance its global competitiveness by focusing on advanced materials and smart manufacturing[140]. - The company is actively pursuing a three-year action plan for energy efficiency, targeting green energy and breaking down barriers to green development[146]. Subsidiary Performance - The company’s subsidiary, Nanjing Jinhan Environmental Technology Co., Ltd., reported a net profit of RMB 20.39 million for the year 2023[133]. - The company’s subsidiary, Jin An Mining, reported a net profit of RMB 314.04 million for the year 2023[133]. - The company’s subsidiary, Nanjing Jinkeng Environmental Technology Co., Ltd., reported a net loss of RMB 1.31 million for the year 2023[133]. - The company’s subsidiary, Nansteel Development, reported a net profit of RMB 768.38 million for the year 2023[133].

证券代码：600282 证券简称：南钢股份 公告编号：临 2024-028 南京钢铁股份有限公司 2023 年年度利润分配预案的公告 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： 每股分配比例：A 股每股派发现金红利 0.25 元（含税）。 本次利润分配以实施权益分派股权登记日登记的总股本为基数，具体日 期将在权益分派实施公告中明确。 根据公司 2024 年第一次临时股东大会审议通过的《南京钢铁股份有限公司 未来三年（2024-2026 年度）股东回报规划》，公司拟于 2024-2026 年度缩短分 红周期，将分红周期从年度变更为半年度。公司 2024 年上半年现金分红金额不 低于该半年度合并报表归属于上市公司股东的净利润的 30%，且比例不超过 2023 年度现金分红占当年度归属于上市公司股东的净利润的比例。 提请股东大会授权公司董事会，根据股东大会决议在符合利润分配的条件下 制定具体的 2024 年上半年利润分配方案。 上述 2024 年上半年利润分配上限未超过相应期间归属于上市公司股东的净 利润。 在实 ...

您可使用手机"扫一扫"或进入"注册会计师行业统一监管平台（http://acc.mof.gov.cn/ 报告红 南京钢铁股份有限公司 募集资金年度存放与使用情况的鉴证报告 天衡专字(2024) 00114 号 天衡会计师事务所(特殊普通合伙) 南京钢铁股份有限公司 募集资金年度存放与使用情况的鉴证报告 天衡专字(2024) 00114 号 南京钢铁股份有限公司全体股东: 我们接受委托,对后附的南京钢铁股份有限公司(以下简称"南钢股份")截至 2023 年 12月 31 日止的《募集资金年度存放与使用情况的专项报告》进行了鉴证工作。 一、对报告使用者和使用目的的限定 本鉴证报告仅供南钢股份年度报告披露时使用,不得用作任何其他目的。我们同意将本 鉴证报告作为南钢股份年度报告的必备文件,随同其他文件一起报送并对外披露。 二、公司的责任 南钢股份的责任是提供真实、合法、完整的相关资料,按照《上海证券交易所上市公司 自律监管指引第1号 -- 规范运作》及相关格式指引编制《募集资金年度存放与使用情况的 专项报告》,并保证其内容真实、准确、完整,不存在虚假记载、误导性陈述或重大遗漏。 三、注册会计师的责任 我们的责任是在实 ...

做 全 球 绿 色 钢 铁 的 先 行 者 可持续发展报告 2023 年 南京钢铁股份有限公司 2023年度可持续发展报告 目录 目录 | 关于本报告 | 03 | | --- | --- | | 董事长致辞 | 05 | | 历史沿革： | 07 | | 挺钢铁脊梁，服务国之大者 | | | 走进南钢 | 09 | | 环境、社会及治理（ESG）管理 | 13 | | 行稳致远 | | | --- | --- | | 夯实高质量南钢 | | | 提升公司治理 | 21 | | 强化合规风控 | 24 | | 保障信息安全 | 26 | | 践行商业道德 | 28 | | 绿色环保 | | | --- | --- | | 建设美丽南钢 | | | 环境管理体系 | 45 | | 推进极致能效 | 46 | | 水资源管理 | 50 | | 强化污染防治 | 51 | | 推进产城融合 | 55 | | 保护生物多样性 | 57 | | 守正创新 | | | --- | --- | | 铸造精品南钢 | | | 科技创新引领 | 69 | | 深耕产品品质 | 72 | | 提升服务质效 | 75 | | 携手 ...

证券代码：600282 证券简称：南钢股份 公告编号：临 2024-029 南京钢铁股份有限公司 关于 2023 年度日常关联交易执行情况的公告 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。 重要内容提示： 2023 年度日常关联交易执行情况尚需提交南京钢铁股份有限公司（以下 简称"公司"或"南钢股份"）2023 年年度股东大会审议。 公司的关联交易符合相关法律、法规、规章的规定，与关联方的交易行 为在市场经济的原则下公开合理地进行，以达到互惠互利、共同发展的目的。公 司的关联交易没有损害本公司及非关联股东的利益。日常关联交易不影响公司独 立性，公司业务亦不会因此类交易而对关联人形成依赖。 一、日常关联交易基本情况 本公告中涉及公司简称的释义如下： | 南钢股份、公司 | 指 | 南京钢铁股份有限公司 | | --- | --- | --- | | 南钢集团 | 指 | 南京钢铁集团有限公司 | | 南京钢联 | 指 | 南京南钢钢铁联合有限公司 | | 南钢联合 | 指 | 南京钢铁联合有限公司 | | 中信特钢 | 指 ...

国泰君安证券股份有限公司 关于南京钢铁股份有限公司 2023 年度募集资金存放和实际使用情况的专项核查意见 国泰君安证券股份有限公司（以下简称"国泰君安"或"保荐机构"）作为南京 钢铁股份有限公司（以下简称"南钢股份"或"公司"）2017 年非公开发行股票的保 荐机构，根据《证券发行上市保荐业务管理办法》《上海证券交易所股票上市规则》 《上市公司监管指引第 2 号——上市公司募集资金管理和使用的监管要求》和《上 海证券交易所上市公司自律监管指引第 1 号——规范运作》等有关规定，以及国泰 君安与南钢股份签订的关于保荐工作的协议等文件的相关约定，就公司 2023 年度募 集资金的存放和实际使用情况进行了专项核查，具体核查情况如下： 一、募集资金基本情况 （一）实际募集资金金额、资金到位情况 经中国证券监督管理委员会《关于核准南京钢铁股份有限公司非公开发行股票 的批复》（证监许可[2017]1299 号）核准，南京钢铁股份有限公司以非公开发行股票 的方式发行人民币普通股（A 股）股票 446,905,000 股，发行价格为 4.00 元/股，募集 资 金 总 额 为 人 民 币 1,787,620,000.00 ...

南京钢铁股份有限公司董事会 二〇二四年三月八日 南京钢铁股份有限公司董事会 关于独立董事独立性的专项评估意见 根据《上市公司独立董事管理办法》《上海证券交易所上市公司自律监管指 引第 1 号——规范运作》的规定，独立董事应当每年对任职独立性进行自查，并 将自查情况提交董事会。董事会应当每年对在任独立董事独立性情况进行评估并 出具专项意见。基于此，南京钢铁股份有限公司（以下简称"公司"）董事会根 据法规并结合独立董事出具的《南京钢铁股份有限公司独立董事独立性自查情况 表》，就公司在任独立董事的独立性情况进行评估，并出具如下专项意见： 经公司独立董事自查及董事会核查独立董事在公司的履职情况，董事会认为 公司全体独立董事均具备胜任独立董事岗位的资格。独立董事及其配偶、父母、 子女、主要社会关系未在公司或公司附属企业任职，未在公司主要股东及其附属 企业任职，未与公司存在重大的持股关系，与公司以及主要股东之间不存在重大 业务往来关系或提供财务、法律、咨询、保荐等服务关系。 因此，公司独立董事不存在任何妨碍其进行独立客观判断的关系，不存在影 响独立董事独立性的情况，符合《上市公司独立董事管理办法》等法律法规及《南 京钢铁 ...

国泰君安证券股份有限公司 关于南京钢铁股份有限公司 募集资金投资项目结项并将节余募集资金 永久补充流动资金的核查意见 一、募集资金基本情况 经中国证券监督管理委员会《关于核准南京钢铁股份有限公司非公开发行股票 的批复》（证监许可[2017]1299 号）核准，南京钢铁股份有限公司以非公开发行股票 的方式发行人民币普通股（A 股）股票 446,905,000 股，发行价格为 4.00 元/股，募集 资 金 总 额 为 人 民 币 1,787,620,000.00 元 ， 扣 除 本 次 发 行 费 用 （ 含 税 ） 人 民 币 28,858,133.05 元，募集资金净额为人民币 1,758,761,866.95 元，募集资金在扣除承销费 用后已于 2017 年 9 月 14 日到账。以上募集资金到位情况，已经天衡会计师事务所 （特殊普通合伙）验证，并出具了天衡验字[2017]第 00118 号《南京钢铁股份有限公 司新增注册资本实收情况的验资报告》。 根据《上市公司监管指引第 2 号——上市公司募集资金管理和使用的监管要 求》《上海证券交易所股票上市规则》《上海证券交易所上市公司自律监管指引第 1 号——规 ...

证券代码：600282 证券简称：南钢股份 公告编号：临 2024-026 南京钢铁股份有限公司 第九届监事会第二次会议决议公告 本公司监事会及全体监事保证本公告的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、监事会会议召开情况 南京钢铁股份有限公司（以下简称"公司"）于 2024 年 2 月 27 日以直接送 达的方式发出召开第九届监事会第二次会议通知及会议材料。本次会议于 2024 年 3 月 8 日下午在公司 203 会议室召开。会议应出席监事 5 名，实际出席监事 5 名（其中，张红军以通讯表决方式出席会议）。会议由监事会主席周宇生先生主 持。会议的召集和召开符合有关法律、法规、规章和《南京钢铁股份有限公司章 程》（以下简称"《公司章程》"）的规定。 二、监事会会议审议情况 （一）审议通过《董事 2023 年度履职情况报告》 表决结果：5 票同意、0 票反对、0 票弃权。 （二）审议通过《监事会工作报告》 本议案尚需提交公司 2023 年年度股东大会审议。 表决结果：5 票同意、0 票反对、0 票弃权。 （三）审议通过《2023 年度财务决算报 ...