中信证券股份有限公司 关于 收购 南京钢铁股份有限公司 之 2024 年三季度持续督导意见 泰富特钢（江苏）有限公司 财务顾问 二零二四年十一月 1 释 义 本持续督导意见中，除非文意另有所指，下列简称具有如下含义： | 本持续督导意见 | 指 | 《中信证券股份有限公司关于泰富特钢（江苏）有限公司收购 | | | --- | --- | --- | --- | | | | 南京钢铁股份有限公司之 2024 年三季度持续督导意见》 | | | 本持续督导期 | 指 | 年 日至 年 月 日 2024 6 25 2024 9 30 | 月 | | 本次收购 | 指 | 江苏特钢以协议转让的方式取得新冶钢持有的南钢集团 | | | | | 55.2482%股权，间接合计控制南钢股份 59.10%股份 | | | 江苏特钢/收购人 | 指 | 泰富特钢（江苏）有限公司 | | | 新冶钢/一致行动人 | 指 | 湖北新冶钢有限公司 | | | 南钢股份/上市公司/ | 指 | 南京钢铁股份有限公司 | | | 公司 | | | | | 中信集团 | 指 | 中国中信集团有限公司 | | | 中信泰富 | 指 | 中 ...

之 2024 年三季度持续督导意见 财务顾问 关于 二零二四年十一月 湖北新冶钢有限公司 要约收购 南京钢铁股份有限公司 1 中信证券股份有限公司 释 义 本持续督导意见中，除非文意另有所指，下列简称具有如下含义： 作为本次要约收购的财务顾问，中信证券出具的持续督导意见是在假设本 次收购的各方当事人均按照相关协议条款和承诺全面履行其所有职责的基础上 提出的。本财务顾问特作如下声明： | 本持续督导意见 | 指 | 《中信证券股份有限公司关于湖北新冶钢有限公司要约收 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | 购南京钢铁股份有限公司之 2024 年三季度持续督导意见》 | | | | | | | | | 本持续督导期 | 指 | 年 月 2024 1 2024 9 | 1 | 日至 | 年 | 月 | 30 | 日 | | | 本次要约收购/本次收 购 | 指 | 收购人以要约价格向南钢股份除南京钢联、南钢联合以外 的其他所有持有上市流通普通股（A 股）的股东发出全面 | | | | | ...

证券代码：600282 证券简称：南钢股份 公告编号：临2024-072 南京钢铁股份有限公司 关于对外提供担保的进展公告 被担保人：安阳复星合力新材料科技有限公司（以下简称"安阳合力科 技"）。 本次担保金额及已实际为其提供的担保余额：南京钢铁股份有限公司（以下 简称"公司"，含子公司）为控股子公司安阳合力科技提供总额度不超过2,500万元 的担保。公司2024年已实际为安阳合力科技提供的新增担保余额为3,000万元，为 安阳合力科技提供的担保总余额为5,385万元（含存续）。前述担保余额不含本次担 保。 截至本公告出具日，公司无逾期担保的情形。 安阳合力科技股东安阳复星合力新材料股份有限公司（以下简称"安阳合 力"）及安阳合力科技为安阳合力科技提供反担保，对公司因本次担保而承担的全 部担保责任承担连带责任。安阳合力股东湖南福天兴业投资集团有限公司（以下简 称"福天兴业"）、翟文为安阳合力科技提供反担保，分别对公司因本次担保而承 担的全部担保责任的11.42%、37.58%承担连带责任。 一、担保情况概述 公司于2024年1月30日召开的第九届董事会第一次会议、2024年2月20日召开 的2024年第二次临 ...

证券代码：600282 证券简称：南钢股份 公告编号：临 2024-071 南京钢铁股份有限公司 关于 2024 年第三季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。 南京钢铁股份有限公司（以下简称"南钢股份"或"公司"）于 2024 年 10 月 28 日（星期一）上午 10:00-11:00 通过上证路演中心网络互动方式，在上海 证券交易所上证路演中心（网址：http://roadshow.sseinfo.com/）召开了公司 2024 年第三季度业绩说明会。公司董事长黄一新、总裁祝瑞荣、独立董事王全 胜、总会计师梅家秀、董事会秘书唐睿出席了本次业绩说明会。本次业绩说明会 由公司董事会秘书唐睿主持。 公司本次与投资者交流如涉及对行业的预测、公司发展战略规划等相关内 容，不能视作公司或管理层对公司发展或业绩的保证，公司将根据相关要求及时 履行信息披露义务，请广大投资者注意投资风险。 本次业绩说明会的主要内容详见附件。 （一）征集问题回答 1、集团第一次党代会上提出建设世界一流高科技企业，介绍一下 ...

Investment Rating - The report maintains a "Recommended" rating for the company [4][6]. Core Insights - The company reported a revenue of 49.291 billion yuan for the first three quarters of 2024, a year-on-year decrease of 12.5%, while the net profit attributable to shareholders was 1.754 billion yuan, an increase of 5.3% year-on-year [2]. - In Q3 2024, the company achieved a revenue of 15.612 billion yuan, down 19.7% year-on-year and 7.1% quarter-on-quarter, with a net profit of 520 million yuan, a decrease of 23.1% year-on-year and 23.4% quarter-on-quarter [2][3]. - The company is focusing on capturing the high-end steel market and optimizing its product structure, with significant certifications obtained for high-end products [4]. Financial Performance Summary - For Q1-Q3 2024, total steel sales were 6.943 million tons, a decline of 10.27% year-on-year, with Q3 sales at 2.1602 million tons, down 17.41% year-on-year [3]. - The gross profit margin for Q1-Q3 2024 was 11.88%, an increase of 1.25 percentage points year-on-year, while Q3 gross profit margin was 13.47%, up 2.69 percentage points year-on-year [3]. - The company’s total revenue for 2024 is projected to be 69.276 billion yuan, with a net profit of 2.353 billion yuan, reflecting a growth rate of 10.7% [5][7]. Future Outlook - The company is enhancing its upstream supply chain by establishing a coke production base in Indonesia, with a total annual production capacity of 6.5 million tons [4]. - The projected net profits for 2024, 2025, and 2026 are 2.353 billion yuan, 2.492 billion yuan, and 2.819 billion yuan respectively, with corresponding PE ratios of 11x, 11x, and 10x [4][5].

Investment Rating - The report maintains a "Buy" rating for the company [4][12]. Core Views - The company demonstrates steady performance with a notable high dividend attribute, achieving a net profit of 1.754 billion yuan in the first three quarters of 2024, a year-on-year increase of 5.31% despite a 12.55% decrease in revenue [1][2]. - The transition to high-value-added products is evident, with the proportion of special steel long products increasing to 32.5% and specialized plates to 55.13% in the first three quarters of 2024 [1]. - Following the change of actual controller to CITIC Group, the company is expected to leverage shareholder resources for synergistic benefits and financial resource sharing [2]. Financial Performance Summary - For the first three quarters of 2024, the company reported revenue of 49.291 billion yuan, a decrease of 12.55% year-on-year, while net profit reached 1.754 billion yuan, reflecting a 5.31% increase [1]. - The company’s quarterly net profit for Q3 2024 was 520 million yuan, down 23.06% year-on-year and 23.43% quarter-on-quarter [1]. - The company’s gross profit margin has shown improvement, with quarterly figures of 10.50%, 10.30%, 12.00%, and 13.47% from Q4 2023 to Q3 2024 [1]. Production and Sales - The company produced 6.9568 million tons of steel in the first three quarters of 2024, a decrease of 10.43% year-on-year, with sales of 6.943 million tons, down 10.27% [1]. - The production of construction rebar significantly declined, with a year-on-year drop of 40% [1]. Dividend Policy - The company plans to distribute a cash dividend of 0.10 yuan per share in the first half of 2024, totaling 617 million yuan, which represents 50% of the net profit attributable to shareholders [2].

Financial Performance - Operating revenue for Q3 2024 was CNY 15.61 billion, a decrease of 19.72% year-on-year[2] - Net profit attributable to shareholders for Q3 2024 was CNY 520.21 million, down 23.06% compared to the same period last year[2] - Total operating revenue for the first three quarters of 2024 was CNY 49.29 billion, a decrease of 12.5% compared to CNY 56.36 billion in the same period of 2023[13] - Net profit for the first three quarters of 2024 was CNY 1.77 billion, a decrease of 2.9% compared to CNY 1.82 billion in the same period of 2023[14] - The company reported a total comprehensive income of CNY 1.38 billion for the first three quarters of 2024, compared to CNY 1.65 billion in 2023, a decrease of 16.2%[15] Assets and Liabilities - Total assets at the end of Q3 2024 were CNY 67.66 billion, a decrease of 7.54% from the end of the previous year[3] - The company's current assets totaled CNY 25.81 billion, down from CNY 31.42 billion at the end of 2023, representing a decrease of about 17.9%[10] - The total liabilities amounted to CNY 49.99 billion, compared to CNY 54.00 billion at the end of 2023, indicating a decrease of approximately 7.4%[11] - The total liabilities decreased to CNY 40.14 billion in Q3 2024 from CNY 44.84 billion in Q3 2023, a reduction of 10.0%[12] - The total equity attributable to shareholders at the end of Q3 2024 was CNY 25.76 billion, a decrease of 2.96% from the end of the previous year[3] Cash Flow - The net cash flow from operating activities for the first nine months of 2024 was CNY 1.69 billion, down 28.70% year-on-year[2] - Cash flow from operating activities was CNY 40.38 billion in the first three quarters of 2024, down 11.5% from CNY 45.45 billion in 2023[16] - Operating cash inflow for Q3 2024 was CNY 41.22 billion, down from CNY 46.54 billion in Q3 2023, representing a decrease of approximately 11.1%[17] - Cash received from operating activities related to other business amounted to CNY 664.33 million, slightly up from CNY 661.71 million year-on-year[17] - The company reported a net increase in cash and cash equivalents of CNY -1.46 billion for Q3 2024, compared to a net decrease of CNY -1.75 billion in Q3 2023[18] Production and Costs - Steel production for the first nine months of 2024 was 6.96 million tons, a decrease of 10.43% year-on-year[5] - Total operating costs for the first three quarters of 2024 were CNY 47.56 billion, down 12.7% from CNY 54.42 billion in 2023[13] - Research and development expenses increased to CNY 1.90 billion in the first three quarters of 2024, up 11.6% from CNY 1.71 billion in 2023[14] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 64,089[6] - The company has not indicated any changes in its major shareholder structure or significant related party transactions during the reporting period[8] Government Support - The company received government subsidies amounting to CNY 67.75 million during the reporting period[4]

一、公司主要财务数据 证券代码：600282 证券简称：南钢股份 公告编号：临 2024-069 南京钢铁股份有限公司 关于 2024 年第三季度主要经营数据的公告 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。 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》的 相关规定，南京钢铁股份有限公司（以下简称"公司"）现将 2024 年第三季度 的主要经营数据公告如下： 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(%) | 年初至报告期末 | 年初至报告期末比 上年同期增减变动 | | --- | --- | --- | --- | --- | | | | | | 幅度(%) | | 营业收入 | 15,612,491,420.23 | -19.72 | 49,291,087,788.11 | -12.55 | | 归属于上市公司股东的净 | 520,206,600.79 | -23.06 | 1,753,517,272.52 | 5.31 | | 利润 | | | | ...

证券代码：600282 证券简称：南钢股份 公告编号：临 2024-068 南京钢铁股份有限公司 第九届监事会第六次会议决议公告 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 10 月 15 日以直接 送达的方式发出召开第九届监事会第六次会议通知及会议材料。本次会议于 2024 年 10 月 25 日采用通讯表决的方式召开。会议应出席监事 5 名，实际出席 监事 5 名。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 监事会认为：本次签订《股份转让协议之补充协议（二）》事项，审议程序 合法合规，不存在损害公司利益及全体股东，特别是中小股东利益的情形。 1 表决结果：5 票同意、0 票反对、0 票弃权。 特此公告 （一）审议通过《2024 年第三季度报告》 监事会对公司 2024 年第三季度报告进行了认真审核，并提出如下审核意见 ...

证券代码：600282 证券简称：南钢股份 公告编号：临 2024-070 南京钢铁股份有限公司 关于出售浙江万盛股份有限公司暨关联交易的进展公告 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。 一、关联交易基本情况 2023年3月14日，南京钢铁股份有限公司（以下简称"公司"、"甲方"）召开 第八届董事会第二十五次会议审议通过了《关于拟出售浙江万盛股份有限公司暨关联 交易的议案》。同日，公司与上海复星高科技（集团）有限公司（以下简称"复星高 科"、"乙方"）共同签订《股份转让协议》（以下简称"《原协议》"），约定复 星高科通过协议转让方式购买公司所持有的全部浙江万盛股份有限公司（证券代码： 603010.SH，以下简称"万盛股份"）174,305,939股股份（约占其总股本的29.5645%， 以下简称"标的股份"）以及衍生的所有权益（以下简称"本次交易"），转让价格 为人民币26.5亿元（如自协议签署之日至标的股份的股份转让过户登记完成日期间， 标的股份进行分红，则标的股份相应分红款应从转让价款中扣除）。2023年3月31 ...