http://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2023 年 6 月 5 日(星期一)16:00 前登录上证路演中心网站首页点 击"提问预征集"栏目或通过公司邮箱 irjg@jiugang.com 进行提问，公司将在说明 会上对投资者普遍关注的问题给予答复。 一、 业绩说明会类型 证券代码：600307 证券简称：酒钢宏兴 公告编号：2023-017 甘肃酒钢集团宏兴钢铁股份有限公司 关于召开 2022 年度暨 2023 年第一季度业绩说明会的公告 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个别及连带责任。 重要内容提示： 会议召开时间：2023 年 6 月 7 日(星期三)上午 10:00-11:00 会议召开网址：上海证券交易所上证路演中心（网址： 甘肃酒钢集团宏兴钢铁股份有限公司（以下简称"公司"）已于 2023 年 4 月 29 日披露了公司 2022 年年度报告、2023 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成果、财务状况，公司拟定于 20 ...

Financial Performance - The company reported a net loss attributable to shareholders of CNY 2,476,396,213.37 for the year 2022, resulting in a cumulative distributable profit of CNY -3,263,838,883.64[15] - The company will not distribute profits or increase capital reserves due to the negative distributable profit condition as of the end of 2022[15] - The company is under a three-year shareholder dividend return plan from 2022 to 2024, which will be affected by the current financial situation[15] - The company's operating revenue for 2022 was approximately ¥44.61 billion, a decrease of 8.34% compared to 2021[20] - The net profit attributable to shareholders was approximately -¥2.48 billion, indicating a significant loss compared to a profit of ¥1.49 billion in 2021[20] - The net cash flow from operating activities decreased by 59.69% to approximately ¥1.54 billion[20] - The total assets at the end of 2022 were approximately ¥40.38 billion, down 3.67% from the previous year[20] - The weighted average return on equity was -19.83%, a decrease of 31.22 percentage points from 2021[20] - The company reported a quarterly revenue of ¥8.10 billion in Q4 2022, down from ¥10.32 billion in Q3 2022[32] - The company experienced a net loss of approximately -¥1.49 billion in Q3 2022, following a loss of -¥948.84 million in Q4 2022[32] - The net assets attributable to shareholders decreased by 18.83% to approximately ¥11.19 billion at the end of 2022[20] - The company recognized non-recurring gains of approximately ¥322.31 million in 2022, contrasting with a loss of -¥59.04 million in 2021[24] Audit and Compliance - The audit report issued by Da Hua Accounting Firm confirmed the financial statements with a standard unqualified opinion[14] - The company has not experienced any non-operating fund occupation by controlling shareholders or related parties[15] - There are no violations of decision-making procedures regarding external guarantees[15] - The company has established a compliance management committee to enhance risk control and operational efficiency across its business units[48] Research and Development - The company’s R&D expenses increased by 12.86% to approximately CNY 836.58 million, up from CNY 741.28 million[45] - The company has initiated 45 research projects and implemented 24 key projects to enhance production processes and product structure[48] - The company’s focus on technological innovation led to the development of several leading technologies, including a new steel for fourth-generation nuclear reactors, and the "5G + smart mine" project was recognized as a national intelligent manufacturing demonstration factory[49] Market and Production - The total steel production in China for 2022 was approximately 1,017.96 million tons, with steel product output at 1,340.34 million tons[38] - The company achieved an output of 9.71 million tons of iron ore from its own mines in 2022[41] - The company’s comprehensive steel production capacity exceeds 10 million tons annually, supported by a complete steel industry chain and a diverse product structure[52] - The company plans to produce 7.6 million tons of pig iron, 9.01 million tons of steel (including 940,000 tons of stainless steel), and 8.83 million tons of steel products (including 880,000 tons of stainless steel products) in 2023, aiming for a revenue of 44.07 billion yuan[110] Financial Position and Assets - Total assets decreased from ¥41.92 billion in 2021 to ¥40.38 billion in 2022, a decline of approximately 3.68%[62] - Current assets decreased from ¥14.23 billion in 2021 to ¥10.73 billion in 2022, a decline of approximately 24.06%[62] - Inventory decreased significantly from ¥8.14 billion in 2021 to ¥5.39 billion in 2022, a decline of approximately 33.9%[62] - The company's equity attributable to shareholders decreased from ¥13.79 billion in 2021 to ¥11.19 billion in 2022, a decline of approximately 18.9%[63] - The company’s total comprehensive income for the year was negative, contributing to the decrease in owner's equity[77] Strategic Initiatives - The company aims to optimize its product structure and adjust production operations based on market conditions to improve overall efficiency[48] - The company is committed to green development, having been recognized as a "green factory" and an "excellent enterprise in steel green development" by relevant authorities[55] - The company will implement its "14th Five-Year" development strategy and the 2023-2025 high-quality development plan to enhance core competitiveness and achieve its operational goals for 2023[110] - The company aims to focus on green transformation and carbon management, actively engaging with financial institutions to secure green financing for environmental governance[111] Risk Management - The company has established risk management policies to identify and mitigate credit, liquidity, and market risks associated with its financial instruments[158] - The company’s liquidity risk management includes continuous monitoring of cash flow forecasts to ensure sufficient cash reserves for short-term and long-term needs[158] - The company faces risks from a stable downstream steel demand and intensified competition among steel enterprises, with 2022 steel prices declining and costs remaining high, leading to a significant reduction in profit margins[111] Related Party Transactions - The company engaged in related party transactions totaling approximately RMB 686.58 million with Jiugang Logistics, a decrease from RMB 918.43 million in the previous period[141] - The company reported a total of RMB 447.82 million in related party transactions with Hongsheng Electric Heating, an increase from RMB 387.57 million in the previous period[141] - The company’s revenue from related party transactions with Runyuan Environment was RMB 214.96 million, showing a decrease from RMB 251.42 million in the previous period[141] Accounting Policies - The financial statements are prepared based on the going concern assumption and comply with the accounting standards set by the Ministry of Finance[84] - The company adopts a 12-month operating cycle for classifying the liquidity of assets and liabilities[85] - The company recognizes gains or losses from sales in sale-leaseback transactions based on the fair value of the asset transferred[172] - The company has adopted the new accounting standards effective from January 1, 2022, with no significant impact on the financial statements for the reporting period[175]

Financial Performance - The company's operating revenue for Q1 2023 was CNY 10,423,327,500.86, a decrease of 5.47% compared to the same period last year[2] - Net profit attributable to shareholders was CNY 30,738,650.90, an increase of 181.74% year-on-year[2] - The net profit after deducting non-recurring gains and losses was CNY 16,273,654.82, up 106.26% from the previous year[2] - The basic earnings per share were CNY 0.0049, reflecting an increase of 182.03%[2] - Total operating revenue for Q1 2023 was CNY 10,423,327,500.86, a decrease of 5.5% compared to CNY 11,026,492,127.01 in Q1 2022[15] - Net profit for Q1 2023 increased to CNY 30,738,650.90, compared to CNY 10,910,127.61 in Q1 2022, representing a growth of 182.3%[15] - The company reported a basic earnings per share of CNY 0.0049 for Q1 2023, compared to CNY 0.0017 in Q1 2022, an increase of 188.2%[15] - The diluted earnings per share for Q1 2023 is CNY 0.0049, compared to CNY 0.0017 in Q1 2022, representing a significant increase[16] Assets and Liabilities - Total assets at the end of the reporting period were CNY 42,024,254,636.00, representing a 4.06% increase from the end of the previous year[2] - The company's total assets as of March 31, 2023, were CNY 42,024,254,636.00, up from CNY 40,383,993,945.28 at the end of 2022, indicating a growth of 4.1%[12] - Current assets totaled CNY 11,479,125,230.22 as of March 31, 2023, compared to CNY 10,733,576,417.15 at the end of 2022, marking an increase of 6.9%[11] - Total liabilities as of January 1, 2023, are CNY 29,210,997,817.87, compared to CNY 29,194,532,779.91 at the end of 2022[22] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 428,297,036.38, a decline of 152.33% year-on-year[3] - The net cash flow from operating activities for Q1 2023 is CNY -428,297,036.38, a decrease from CNY 818,449,800.42 in Q1 2022[17] - The company reported a decrease in cash received from sales of goods and services, totaling CNY 7,835,658,879.78 in Q1 2023, down from CNY 8,631,806,546.11 in Q1 2022[17] - Total cash and cash equivalents at the end of Q1 2023 is CNY 2,063,933,493.78, down from CNY 2,279,321,179.09 at the end of Q1 2022[17] Investments and Financing - The company's cash and cash equivalents decreased by 32.92% due to increased fixed asset investments and changes in the collection structure of steel sales[3] - Cash inflow from financing activities in Q1 2023 is CNY 6,695,875,000.00, an increase from CNY 3,563,440,000.00 in Q1 2022[17] - The net cash flow from investing activities for Q1 2023 is CNY -833,910,616.00, compared to CNY -317,791,527.00 in Q1 2022[17] Operational Metrics - Accounts receivable increased by 38.48%, primarily due to increased receivables from strategic partners[3] - The company reported a significant increase in other income, which rose by 667.29% due to increased government subsidies[3] - The weighted average return on equity was 0.27%, an increase of 0.19 percentage points compared to the previous year[2] Future Outlook and Strategy - Future outlook includes a projected revenue growth of 10% for the next quarter, driven by increased demand in the construction sector[23] - The company plans to invest 200 million CNY in new product development, focusing on high-strength steel products[23] - Market expansion efforts include entering two new provinces, aiming for a 5% market share increase in those regions by the end of 2023[23] - The company is exploring potential mergers and acquisitions to enhance its production capacity and market presence[23] - A new technology initiative is expected to reduce production costs by 12% through automation improvements[23] - The company has set a target to achieve a 15% reduction in carbon emissions by 2025 as part of its sustainability strategy[23] - Strategic partnerships with local suppliers are being established to improve supply chain efficiency and reduce lead times[23] Inventory and Borrowings - Inventory as of March 31, 2023, was CNY 6,624,069,567.16, up from CNY 5,386,806,748.84 at the end of 2022, reflecting an increase of 23.0%[11] - Short-term borrowings decreased slightly to CNY 7,189,000,000.00 from CNY 7,306,000,000.00 at the end of 2022, a reduction of 1.6%[12] - Long-term borrowings increased significantly to CNY 8,463,190,000.00 from CNY 5,794,012,777.78, representing a rise of 46.0%[12] Other Information - The company has implemented new accounting standards effective January 1, 2023, related to deferred income tax assets and liabilities[18] - The company’s net loss for Q1 2023 is reflected in the retained earnings, with an accumulated deficit of CNY -3,263,838,883.64 as of January 1, 2023[22] - User data indicated a 20% increase in customer base, with total users reaching 500,000 by the end of Q1 2023[23] - Gansu Jiu Steel Group Hongxing Steel Co., Ltd. reported a revenue increase of 15% year-over-year for Q1 2023, reaching 1.2 billion CNY[23] - The company achieved a net profit margin of 8% in Q1 2023, compared to 6% in the same period last year[23]

Financial Performance - The company's operating revenue for Q3 2022 was ¥10,319,594,246.30, a decrease of 26.76% compared to the same period last year[5]. - The net profit attributable to shareholders was -¥1,484,936,524.26, with a year-to-date net profit of -¥1,527,551,314.80[5]. - The total operating revenue for the first three quarters of 2022 was RMB 36.51 billion, a decrease of 9.3% compared to RMB 40.38 billion in the same period of 2021[25]. - The company reported a net loss of RMB 1.61 billion in the first three quarters of 2022, compared to a profit of RMB 2.93 billion in the same period of 2021[25]. - The net profit for the first three quarters of 2022 was -1,527,551,314.80 CNY, compared to a net profit of 2,481,864,453.38 CNY in the same period of 2021, indicating a significant decline[27]. - The basic and diluted earnings per share for the first three quarters of 2022 were both -0.2439 CNY, compared to 0.3962 CNY in the same period of 2021[27]. Assets and Liabilities - Total assets at the end of the reporting period were ¥39,866,057,795.15, down 4.90% from the end of the previous year[7]. - The total assets decreased to RMB 39.87 billion as of September 30, 2022, from RMB 41.92 billion at the end of 2021, reflecting a decline of 4.9%[25]. - The total liabilities amounted to RMB 27.61 billion, a slight decrease from RMB 28.14 billion at the end of 2021[25]. - The company's cash and cash equivalents stood at RMB 4.67 billion, slightly down from RMB 4.77 billion at the end of 2021[23]. - The company’s cash and cash equivalents at the end of the period were 3,225,286,525.09 CNY, down from 3,344,590,937.13 CNY at the beginning of the period[29]. Cash Flow - Cash flow from operating activities showed a significant decline of 69.96% year-to-date[5]. - The operating cash flow for the first three quarters of 2022 was 1,684,618,918.33 CNY, down from 5,608,250,621.95 CNY in the same period of 2021, reflecting a decrease of approximately 70%[27]. - The total cash inflow from operating activities was 31,014,472,576.90 CNY, while the total cash outflow was 29,329,853,658.57 CNY, resulting in a net cash flow from operating activities of 1,684,618,918.33 CNY[27]. - The cash flow from investment activities was -1,369,624,695.57 CNY, indicating a negative cash flow compared to -550,986,120.00 CNY in the previous year[29]. - The cash flow from financing activities resulted in a net outflow of -434,370,456.77 CNY, compared to a much larger outflow of -5,861,019,341.06 CNY in the same period of 2021[29]. Inventory and Costs - The company reported a 33% reduction in inventory due to optimized capital allocation and inventory management[9]. - The inventory decreased significantly to RMB 5.45 billion as of September 30, 2022, down from RMB 8.14 billion at the end of 2021, representing a reduction of 33%[23]. - The total operating costs for the first three quarters of 2022 were RMB 38.37 billion, an increase of 2.5% from RMB 37.44 billion in the previous year[25]. Operational Challenges - The company faced significant pressure from falling steel prices and high raw material costs, leading to a challenging operational environment in Q3 2022[19]. - The company has initiated internal cost-reduction measures, including "cost reduction and efficiency enhancement" actions, in response to the challenging market conditions[19]. - The company is committed to enhancing production quality and efficiency while prioritizing safety and ecological considerations in its operations[19]. Investment and Shareholder Information - The company recorded a 125% increase in investment income, primarily from the sale of a 20% stake in a subsidiary[12]. - The total number of ordinary shareholders at the end of the reporting period was 225,809[14]. - The company received 10,170,020,000.00 CNY in cash from borrowings during the financing activities, which was slightly lower than the previous year's figure of 10,658,815,722.20 CNY[29]. - Research and development expenses increased by 26% due to higher investment in R&D activities[12].

Financial Performance - The company's operating revenue for the first half of 2022 was ¥26,194,240,378.73, a decrease of 0.36% compared to ¥26,288,108,313.16 in the same period last year [22]. - The net profit attributable to shareholders of the listed company was -¥42,614,790.54, compared to a profit of ¥1,945,953,836.97 in the same period last year [22]. - The net cash flow from operating activities decreased by 44.21%, amounting to ¥1,864,260,666.17, down from ¥3,341,398,802.42 in the previous year [22]. - The total assets at the end of the reporting period were ¥41,681,709,858.41, a decrease of 0.57% from ¥41,921,367,505.77 at the end of the previous year [22]. - The net assets attributable to shareholders of the listed company were ¥13,757,788,917.21, a slight decrease of 0.20% from ¥13,785,068,139.75 at the end of the previous year [22]. - The basic earnings per share for the first half of 2022 was -¥0.0068, compared to ¥0.3107 in the same period last year [23]. - The weighted average return on net assets was -0.31%, a significant decline from 14.61% in the previous year [23]. - Operating revenue for the current period is ¥26,194,240,378.73, a decrease of 0.36% compared to ¥26,288,108,313.16 in the same period last year [31]. - Operating costs increased by 10.93% to ¥24,436,674,019.19 from ¥22,027,943,500.77 year-on-year [31]. - R&D expenses surged by 96.27% to ¥404,625,407.46, up from ¥206,157,730.03 in the previous year [31]. Production and Operations - The production of pig iron was 43,892.7 million tons, and steel production was 52,687.7 million tons, both showing a year-on-year decrease of 6.5% [26]. - The company achieved a domestic GDP of 562,641.6 billion yuan, with a year-on-year growth of 2.5% [26]. - The company has an annual steel production capacity exceeding 10 million tons, positioning itself as a comprehensive steel enterprise in the northwest region [26]. - The company produced 5.3383 million tons of steel and sold 4.8823 million tons, generating revenue of 26.194 billion yuan, with a net profit attributable to shareholders of -0.043 billion yuan [28]. - The company implemented cost reduction and efficiency enhancement activities, achieving a 9.7% reduction in steel costs and a 13.2% decrease in financial expenses [28]. - The company increased its new product output by 44% year-on-year, with trial product output rising by 39% [28]. - The company improved its comprehensive energy consumption per ton of steel by 5.16% and 3.34% in different plants [28]. - The company enhanced its market response capabilities, with sales volume in the Northwest region increasing by 5.9% and direct supply sales rising by 9.5% [28]. Environmental and Regulatory Compliance - The company reported emissions of 2,211.56 tons of sulfur dioxide and 2,023.59 tons of nitrogen oxides during the reporting period, adhering to pollution discharge standards [51]. - The company has implemented 249 sets of waste gas treatment facilities and 12 wastewater treatment systems at its main production site [51]. - The self-monitoring plan completion rate for environmental monitoring was 100%, with a monitoring data compliance rate also reaching 100% [51]. - The company has been recognized as a key pollutant discharge unit, with ongoing efforts to reduce emissions and improve resource utilization efficiency [51]. - The company is committed to improving environmental protection awareness and ensuring compliance with ultra-low emission standards [41]. - The company has initiated ultra-low emission transformation projects in the steel industry to further reduce pollutant emissions [51]. - The company’s environmental management activities have been certified under the ISO 14001 system [51]. Corporate Governance and Management - The company appointed Mr. Du Xin as the new General Manager and Mr. Wang Yong and Ms. Chen Yilin as Deputy General Managers following the resignation of previous executives [48]. - The company has described potential risks in the "Management Discussion and Analysis" section of the report [9]. - There were no plans for profit distribution or capital reserve transfer to increase share capital during the reporting period [7]. - The company has not disclosed any new stock incentive plans or employee stock ownership plans during this reporting period [48]. - The company has taken necessary measures to maintain the independence of its operations and avoid unfair related transactions with its controlling shareholder [58]. Community Engagement and Social Responsibility - The company purchased agricultural products worth CNY 164,500 from Gulang during the reporting period to support local farmers [56]. - The company organized a large-scale tree planting activity, planting a total of 11,000 trees in the supported villages [56]. - The company actively participated in pandemic prevention efforts, including daily disinfection and temperature checks in villages [56]. - The company has focused on rural revitalization efforts, preventing large-scale poverty return and enhancing community support initiatives [54]. - The company has established a monitoring information database for poverty alleviation, focusing on key risk groups and implementing targeted assistance measures [56]. Financial Position and Liabilities - The total liabilities decreased from CNY 28.14 billion to CNY 27.92 billion, a decline of about 0.8% [86]. - The company's cash and cash equivalents decreased from CNY 4.77 billion to CNY 4.07 billion, a decrease of approximately 14.6% [83]. - Short-term borrowings decreased by 19.06% to ¥7,704,000,000.00 from ¥9,517,772,000.00 year-on-year [34]. - Accounts payable increased by 26.45% to ¥7,228,194,451.75, driven by ongoing construction projects under the company's "14th Five-Year Plan" [34]. - The company reported a significant increase of 80.03% in construction in progress, primarily due to investments in optimization and upgrading projects [34]. Legal Matters - The company is involved in a lawsuit with Hebei Jiuzhou Environmental Protection Equipment Engineering Co., Ltd. regarding a labor contract dispute, with the amount in question being 22.98 million RMB [61]. - The company is also facing a lawsuit from Nippon Steel Corporation concerning patent rights, with no court summons received as of June 30, 2022 [64]. Research and Development - The company is investing $50 million in research and development for new technologies aimed at enhancing user experience [121]. - Research and development expenses rose significantly to ¥404,625,407.46 from ¥206,157,730.03, indicating increased investment in innovation [92]. Market Strategy and Growth - The company is focused on expanding its market presence and enhancing its product offerings in the steel industry [111]. - The company completed a strategic acquisition of a competitor for $300 million, expected to enhance product offerings and market presence [121]. - The company plans to increase its marketing budget by 15% to support new product launches and market expansion [121].

Financial Performance - The company achieved a total operating revenue of ¥48,668,438,514.38 in 2021, representing a 31.46% increase compared to ¥37,021,045,089.81 in 2020[21]. - The net profit attributable to shareholders of the listed company for 2021 was ¥1,487,640,358.03, a significant increase of 187.31% from ¥517,778,385.46 in 2020[21]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥1,546,684,670.01, up 220.85% from ¥482,056,770.82 in the previous year[21]. - The net cash flow from operating activities reached ¥3,828,716,502.22, an increase of 242.35% compared to ¥1,118,355,848.02 in 2020[21]. - As of the end of 2021, the net assets attributable to shareholders amounted to ¥13,785,068,139.75, reflecting an 11.92% increase from ¥12,317,019,703.48 at the end of 2020[21]. - Total assets at the end of 2021 were ¥41,921,367,505.77, a slight increase of 1.14% from ¥41,446,666,538.99 in 2020[21]. - The company achieved a basic earnings per share of CNY 0.2375 in 2021, a 186.49% increase compared to CNY 0.0829 in 2020[22]. - The weighted average return on equity rose to 11.39% in 2021, an increase of 7.11 percentage points from 4.28% in 2020[22]. - The company reported a total profit of CNY 1.708 billion in 2021, an increase of CNY 1.195 billion from the previous year[28]. Operational Highlights - The company completed 139 technology projects and developed 57,410 tons of new products in 2021, with 261 new patent applications filed[28]. - The company’s direct supply volume reached 4.283 million tons in 2021, with a direct supply rate of 48.9%, an increase of 336,000 tons year-on-year[28]. - The company’s production of iron, steel, and materials reached 7.61 million tons, 8.75 million tons, and 8.70 million tons respectively in 2021[28]. - The company completed 173 key tasks with a completion rate of 96.1%, an increase of 14 percentage points year-on-year, enhancing operational efficiency[31]. - The company organized 160 inspections during the pandemic, addressing over 110 issues to ensure effective COVID-19 prevention measures[31]. Research and Development - Research and development expenses increased by 45.73% to 741.28 million RMB, reflecting the company's commitment to innovation[43]. - The number of R&D personnel was 972, making up 5.34% of the total workforce[55]. - Total R&D expenditure was 741,284,649.04 yuan, which is 1.52% of the operating revenue[54]. Environmental and Social Responsibility - The company emitted 10,779.2 tons of particulate matter, 3,773.15 tons of sulfur dioxide, and 4,005.13 tons of nitrogen oxides, all within permitted limits[133]. - The company constructed 293 sets of air pollution control facilities, including 178 bag filters and 23 desulfurization and denitrification facilities[134]. - The company paid 15.77 million yuan in environmental protection taxes for the year[140]. - The company implemented a consumption assistance model, purchasing over 700,000 jin of agricultural products worth more than 1.6 million RMB, benefiting over 10,000 people in the supported areas[149]. - The company has published its 2021 Corporate Social Responsibility Report, detailing its commitment to social responsibility[146]. Governance and Compliance - The company held six board meetings during the reporting period to review proposals, ensuring effective governance and decision-making[85]. - The company has improved its information disclosure quality, ensuring timely and accurate communication with investors[85]. - The company has established a system for managing insider information, ensuring compliance and protecting investor rights[85]. - The company has implemented measures to maintain the independence of its operations, ensuring no significant conflicts of interest with controlling shareholders[88]. - The company has established a comprehensive internal control system, issuing over 80 regulations and conducting evaluations to ensure compliance and effectiveness[128]. Future Outlook - The company plans to allocate all profits from 2021 to offset previous years' losses, resulting in no profit distribution or capital reserve increase for the year[5]. - The company aims to achieve operating revenue of RMB 54 billion in 2022[80]. - The company plans to enhance resource security, improve cost control, and optimize its marketing system to achieve its production and operational goals for 2022[80]. - The company is committed to implementing its "14th Five-Year" development strategy to ensure stable production and operational performance[80]. - The company plans to maintain its support for rural revitalization initiatives, ensuring that efforts remain consistent and aligned with local development needs[149].

2022 年第一季度报告 证券代码：600307 证券简称：酒钢宏兴 甘肃酒钢集团宏兴钢铁股份有限公司 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。 公司负责人张正展、主管会计工作负责人赵利军及会计机构负责人（会计主管人员）逯玉龙保证 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 (一)主要会计数据和财务指标 | --- | --- | --- | --- | |-----------------------------------------------|-------------------|--------------------------------|----------------------------------------| | | | | 单位：元 币种： ...

Financial Performance - The company's operating revenue for Q3 2021 reached ¥14,089,477,017.50, representing a year-on-year increase of 30.99%[6] - Net profit attributable to shareholders was ¥535,790,400.50, up 21.44% compared to the same period last year[6] - The net profit after deducting non-recurring gains and losses was ¥514,539,253.93, reflecting a 14.20% increase year-on-year[6] - Total operating revenue for the first three quarters of 2021 reached ¥40,377,585,330.66, a significant increase of 51.9% compared to ¥26,582,844,020.35 in the same period of 2020[29] - Net profit attributable to shareholders of the parent company for the first three quarters of 2021 was ¥2,481,744,237.47, compared to ¥358,298,395.80 in the same period of 2020, reflecting a growth of 692.5%[31] - The company reported a net profit of CNY 348,539,039.92, recovering from a loss of CNY 2,133,205,197.55 in the previous year[26] - The company’s total profit for the first three quarters of 2021 was ¥2,854,430,832.79, compared to ¥341,367,331.16 in the same period of 2020, marking a substantial increase[29] Assets and Liabilities - Total assets at the end of the reporting period were ¥39,459,597,925.10, a decrease of 4.79% from the previous year[9] - The company’s total liabilities decreased by 4.79% compared to the previous year, indicating improved financial stability[9] - As of September 30, 2021, the total assets of Gansu Jiugang Group Hongxing Steel Co., Ltd. amounted to CNY 39,459,597,925.10, a decrease from CNY 41,446,666,538.99 at the end of 2020, representing a decline of approximately 4.8%[23] - The company's current assets totaled CNY 12,045,317,408.43, down from CNY 13,931,300,549.67, indicating a decrease of about 13.5% year-over-year[23] - The total liabilities of the company decreased to CNY 24,615,679,848.92 from CNY 29,098,481,643.22, marking a decline of approximately 15.9%[26] - The equity attributable to shareholders of the parent company increased to CNY 14,843,918,076.18 from CNY 12,317,019,703.48, representing an increase of about 20.5%[26] Cash Flow and Expenses - The company reported a significant increase in cash flow from operating activities, with a net cash flow of ¥5,608,250,621.95, up 169.36% year-on-year[10] - The company reported a net cash flow from operating activities of ¥5,608,250,621.95 for the first three quarters of 2021, up from ¥2,082,047,290.96 in the same period of 2020[32] - Cash and cash equivalents at the end of the period were ¥2,545,167,144.45, down from ¥3,291,971,085.09 at the end of the same period in 2020[32] - The company incurred financial expenses of ¥480,588,285.80 in the first three quarters of 2021, compared to ¥448,768,099.00 in the same period of 2020[29] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 218,498, reflecting a stable shareholder base[15] Research and Development - Research and development expenses increased by 38.95% due to higher investment in new product development[12] - Research and development expenses increased to ¥477,618,838.72 in the first three quarters of 2021, compared to ¥343,740,934.18 in the same period of 2020, indicating a focus on innovation[29] Earnings Per Share - The basic earnings per share for the period was ¥0.0855, an increase of 21.44% year-on-year[6] - Basic and diluted earnings per share for the first three quarters of 2021 were both ¥0.3962, compared to ¥0.0572 in the same period of 2020[31]

Financial Performance - The company's operating revenue for the first half of 2021 reached ¥26,288,108,313.16, representing a 66.10% increase compared to ¥15,826,338,629.78 in the same period last year[18]. - The net profit attributable to shareholders of the listed company was ¥1,945,953,836.97, a significant recovery from a loss of ¥82,883,582.24 in the previous year[18]. - The net cash flow from operating activities was ¥3,341,398,802.42, showing a substantial increase of 276.42% from ¥887,677,711.07 in the same period last year[18]. - Basic earnings per share for the first half of 2021 were ¥0.3107, compared to a loss of ¥0.0132 per share in the same period last year[19]. - The weighted average return on net assets was 14.61%, a significant improvement from -0.70% in the previous year[19]. - The company's operating revenue increased by 66.10% to CNY 26.29 billion compared to CNY 15.83 billion in the same period last year[32]. - Operating costs rose by 55.30% to CNY 22.03 billion, primarily due to increased usage and prices of raw materials[32]. - The company reported a significant increase in net profit, attributed to effective market strategies and operational improvements[35]. - The company reported a net loss of approximately ¥187.25 million, an improvement from a loss of ¥2.13 billion in the previous period[99]. - The net cash flow from financing activities was -CNY 3,100,240,464.75, worsening from -CNY 2,727,795,901.83 in the previous year, indicating a decline of about 13.7%[118]. Assets and Liabilities - The total assets at the end of the reporting period were ¥40,419,499,634.46, a decrease of 2.48% from ¥41,446,666,538.99 at the end of the previous year[18]. - The total liabilities decreased to approximately ¥26.12 billion from ¥29.10 billion, a reduction of about 10.2%[99]. - The company's total equity increased to ¥18,798,932,979.78 as of June 30, 2021, compared to ¥16,888,265,827.32 at the end of 2020, reflecting a growth of about 11.3%[104]. - The company's long-term borrowings increased to approximately ¥4.20 billion from ¥1.33 billion, reflecting a significant increase of about 215.0%[99]. - The company reduced short-term borrowings by 26.95% to CNY 10.47 billion, improving its financial stability[35]. Production and Operations - In the first half of 2021, the company achieved a steel production of 5.1609 million tons and sales of 5.0944 million tons, with a revenue of 26.288 billion yuan and a net profit attributable to shareholders of 1.946 billion yuan[24]. - The company has a production capacity of over 10 million tons of steel annually and has developed a complete titanium product processing capability, marking a significant advancement in the domestic market[24]. - The company implemented a "sales-driven production" model, reducing the risk of bad debts through a "prepayment" sales strategy[25]. - The company reported a significant improvement in operational efficiency, with 13 out of 17 comprehensive indicators showing year-on-year progress, including a notable increase in labor productivity[29]. Environmental and Social Responsibility - The company is committed to innovation-driven strategies, increasing investment in technology and product development to enhance competitiveness in the steel industry[29]. - The company has established a comprehensive safety management system, conducting thorough inspections and implementing measures to address identified hazards[29]. - The company is actively promoting ecological restoration work in the Qilian Mountains and integrating its ultra-low emission implementation plan with the 14th Five-Year Plan[58]. - The company helped local farmers in Gulang sell seasonal fruits and vegetables, as well as beef and lamb products, with a total value of 783,400 yuan during the reporting period[66]. - The company emphasized the importance of industry and employment support, actively promoting subsidy applications and assisting farmers in developing self-sustaining industries[65]. Legal and Regulatory Matters - The company is involved in a legal arbitration case with Yude Gas Co., with a total claim amount of RMB 12.65 million, and has recognized a provision of RMB 9 million for this case[74]. - The company is facing a lawsuit from Nippon Steel Corporation regarding patent infringement, with a claim amount of RMB 4.2 million, and is actively responding to the legal proceedings[74]. - The company has maintained strict compliance with legal and regulatory requirements, ensuring no significant debts were unpaid during the reporting period[80]. Corporate Governance - The board of directors and supervisory board have undergone changes, with several new appointments made during the annual shareholders' meeting[44]. - The company has not proposed any profit distribution or capital reserve transfer plans for the half-year period[48]. - The company reported a total of 3,431,600,950 shares held by its largest shareholder, accounting for 54.79% of total shares, with 700,000,000 shares pledged[88]. Financial Reporting and Accounting Policies - The company’s financial statements are prepared in accordance with the accounting standards issued by the Ministry of Finance[145]. - The company has specific accounting policies and estimates tailored to its operational characteristics, including methods for recognizing revenue and assessing credit losses[144]. - The company consolidates all subsidiaries under its control in the consolidated financial statements, reflecting the overall financial position and performance of the group[156].

Financial Performance - In 2020, the company achieved a net profit attributable to shareholders of RMB 517,778,385.46, a decrease of 58.15% compared to RMB 1,237,328,548.85 in 2019[18]. - The company's operating income for 2020 was RMB 37,021,045,089.81, down 20.79% from RMB 46,736,057,848.24 in 2019[18]. - The net cash flow from operating activities decreased by 64.33% to RMB 1,118,355,848.02 in 2020 from RMB 3,134,989,458.92 in 2019[18]. - The company reported a net profit after deducting non-recurring gains and losses of RMB 482,056,770.82, a decrease of 57.89% from RMB 1,144,621,184.19 in 2019[18]. - Basic earnings per share for 2020 were RMB 0.0829, down 58.05% from RMB 0.1976 in 2019[19]. - The company achieved a net profit of -RMB 15,701.5 million in 2020[58]. - The company reported a net profit of RMB 518,921,363.69 for 2020, down from RMB 1,243,569,810.04 in 2019, representing a decline of about 58.3%[192]. - Operating profit for 2020 was RMB 528,036,174.89, significantly lower than RMB 1,282,425,824.49 in 2019, indicating a decrease of approximately 58.8%[192]. Assets and Liabilities - The total assets at the end of 2020 were RMB 41,446,666,538.99, an increase of 4.70% compared to RMB 39,587,050,412.83 at the end of 2019[18]. - The total liabilities increased to RMB 29,098,481,643.22, up from RMB 27,724,275,413.66, indicating a rise of 4.6%[183]. - The total equity attributable to shareholders increased to RMB 12,317,019,703.48, up from RMB 11,808,752,785.11, marking a growth of 4.3%[183]. - The company's cash and cash equivalents were reported at RMB 4,391,454,968.15, which is a 5.9% increase from RMB 4,149,824,837.96 in 2019[177]. - The total amount of fixed assets was RMB 23,170,453,341.21, an increase of 4.94% compared to the previous year[47]. - The total liabilities reached RMB 26,539,990,372.36, an increase from RMB 25,548,752,050.94 in 2019, representing a growth of about 3.9%[190]. Operational Highlights - The company achieved a sales volume of 6.75 million tons in the northwest region, accounting for 77.37% of total sales[24]. - The total operating income for the year was 37.02 billion RMB, with Q2 and Q3 showing significant recovery compared to Q1[20]. - The company achieved an iron ore output of 9.0638 million tons in 2020, leveraging its own mining resources to maintain a low-cost advantage amid high domestic and international iron ore prices[27]. - The company successfully completed its production plan for iron and steel products, contributing to a significant increase in industrial output value, breaking the historical loss trend in December[29]. - The company reported a significant reduction in financial expenses by 30.26% to 510.97 million RMB[35]. Research and Development - Research and development expenses increased by 28.13% to 508.66 million RMB, indicating a focus on innovation[35]. - The company focuses on product research and development, successfully launching representative products such as zinc-aluminum-magnesium and antibacterial stainless steel, which support high-quality sustainable development[27]. - The company plans to enhance production efficiency and reduce costs through various strategies, including improving technical economic indicators and strengthening resource supply chains[63]. Environmental and Social Responsibility - The effective operation rate of environmental protection facilities reached 100%, with a 7.7% year-on-year decrease in sulfur dioxide emissions and a 68% reduction in chemical oxygen demand[32]. - The company has made significant progress in ecological environment protection, rectifying over 8,000 environmental issues throughout the year[32]. - The company invested 34 million yuan in the optimization of the rainwater discharge system, significantly improving wastewater management[110]. - The company has established a poverty alleviation warning mechanism to ensure the sustainability of poverty alleviation efforts[101]. - A total of 384 registered impoverished individuals were helped to escape poverty during the reporting period[97]. Governance and Compliance - The company has maintained compliance with legal and regulatory requirements, ensuring no significant debts remain unpaid and no violations occurred during the reporting period[87]. - The company has implemented a cumulative voting system for the election of directors and supervisors to protect minority shareholders' interests[154]. - The audit committee is chaired by a qualified accounting professional, ensuring effective oversight of financial matters[156]. - The company has established a system for managing insider information to protect investor rights and ensure fair disclosure[153]. Future Outlook - The company plans to produce 8.3 million tons of pig iron, 9.6 million tons of steel (including 990,000 tons of stainless steel), and 9.5 million tons of steel products (including 920,000 tons of stainless steel) in 2021, targeting an operating revenue of RMB 40.5 billion[63]. - The company anticipates that steel prices will remain strong due to high demand and supply conditions, although the operating environment remains challenging due to high costs[63]. - The company plans to focus on market expansion and new product development in the upcoming year[196].