证券代码：600307 证券简称：酒钢宏兴 公告编号：2025-077 甘肃酒钢集团宏兴钢铁股份有限公司 第九届董事会第二次会议决议公告 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。 甘肃酒钢集团宏兴钢铁股份有限公司第九届董事会第二次会议通知于 2025 年 11 月 21 日以邮件方式发送给各位董事及高级管理人员。会议于 2025 年 11 月 26 日以现 场结合通讯方式召开，由董事长杜昕先生召集主持，应参加表决的董事 9 人，实际表 决的董事 9 人。公司高级管理人员列席了本次会议。会议符合《公司法》和《公司章 程》的有关规定。会议以记名投票的方式审议并通过以下议案： 1.审议通过了《公司关于设立钢铁新材料全资子公司的议案》； 详见《酒钢宏兴关于投资设立钢铁新材料全资子公司的公告》（公告编号： 2025-078）。 表决结果：同意 9 票 反对 0 票 弃权 0 票 2.审议通过了《公司关于制订<董事和高级管理人员持有和买卖本公司股票管理 制度>的议案》。 表决结果：同意 9 票 反对 0 票 弃权 0 票 特此 ...

Core Viewpoint - The company plans to invest CNY 200 million to establish a wholly-owned subsidiary in Jiuquan, Gansu Province, to enhance market-oriented operations and optimize resource allocation in response to changes in the steel industry's supply-demand dynamics and demand upgrade trends [1] Group 1: Investment and Asset Transfer - The new subsidiary will receive a total asset transfer of CNY 4,306.05 million and a total liability transfer of CNY 3,491.26 million, resulting in a net asset of CNY 814.79 million [1] - The establishment of the subsidiary and the transfer of related assets will facilitate rapid operational commencement, supporting the company's strategy of extending and supplementing the industrial chain [1] Group 2: Strategic Transformation - This initiative is a significant step towards the company's strategic transformation into a high-end materials supplier, enhancing its market competitiveness and risk resistance capabilities [1]

Core Insights - The steel sector experienced a slight decline of 0.0% on November 24, with Sansteel Mingguang leading the losses [1] - The Shanghai Composite Index closed at 3836.77, up 0.05%, while the Shenzhen Component Index closed at 12585.08, up 0.37% [1] Steel Sector Performance - Major steel stocks showed mixed performance, with notable gainers including: - Maanshan Iron & Steel (600808) at 3.87, up 2.11% with a trading volume of 562,600 shares and a turnover of 217 million yuan - Nanjing Steel (600282) at 5.60, up 1.63% with a trading volume of 401,900 shares and a turnover of 225 million yuan - Wujin Stainless Steel (603878) at 9.43, up 1.51% with a trading volume of 137,400 shares and a turnover of 128 million yuan [1] - Conversely, Sansteel Mingguang (002110) fell to 4.21, down 2.09% with a trading volume of 242,500 shares and a turnover of 103 million yuan [2] Capital Flow Analysis - The steel sector saw a net inflow of 120 million yuan from institutional investors, while retail investors experienced a net outflow of 131 million yuan [2] - Specific stock capital flows included: - Baogang Group (600010) with a net outflow of 57.72 million yuan from institutional investors - Chongqing Steel (601005) with a net inflow of 29.54 million yuan from institutional investors [3] - Retail investors showed a net inflow of 11.73 million yuan overall, indicating a mixed sentiment in the market [2]

Group 1: Corporate Governance - The China Securities Regulatory Commission has officially released the revised "Corporate Governance Guidelines for Listed Companies," marking a transition from "formal compliance" to "substantive effectiveness" in corporate governance [3] - The China Listed Companies Association has recognized 240 "Best Practice Cases," 190 "Excellent Practice Cases," and 156 "Typical Practice Cases" for corporate governance in 2025, highlighting the importance of effective board operations and governance structures [2] Group 2: Sustainable Development - Six companies from Gansu have been awarded for their sustainable development practices, with Dayu Water-saving (300021) recognized as a "Best Practice Case" for integrating smart water management and digital twin technology [4] - Jiu Steel Hongxing (600307) and Gansu Energy (000791) have been acknowledged for their innovative approaches to sustainability, including the development of a photovoltaic and ecological governance model [5] Group 3: Internal Control - Gansu Energy (000791) has been awarded for its compliance and risk control efforts that enhance its internal control system, while Dayu Water-saving (300021) received recognition for its transition from "risk prevention" to "value creation" [6]

Core Insights - The China Listed Companies Association announced the "2025 Best Practices for Sustainable Development" and "2025 Excellent Practices for Sustainable Development" at the 2025 Sustainable Development Conference, highlighting the achievements of listed companies in Gansu province [1][2] Group 1: Best Practices and Recognition - Dayu Water-saving Group Co., Ltd. was recognized as a "Best Practice Case" for its long-term commitment to rural revitalization [1] - Five companies, including Gansu Electric Power Investment Energy Development Co., Ltd., Jinhui Mining Co., Ltd., and others, were selected as "Excellent Practice Cases" for their unique contributions in ecological governance and green manufacturing [1][2] Group 2: Innovative Practices - Dayu Water-saving's case focuses on integrating technology into agriculture, utilizing AI and big data to enhance water-saving and increase farmers' income [2] - Gansu Energy implemented a "photovoltaic + ecological governance" model, achieving significant environmental benefits, including the delivery of 217 million kWh of green electricity [3] - Jinhui Mining emphasized refined water resource management, achieving a 100% compliance rate in water quality by 2024 through innovative monitoring and recycling practices [3] Group 3: Financial and Social Contributions - Lanzhou Bank developed a "comprehensive financial service" model to support local agricultural industries, demonstrating its commitment to social responsibility [3] - Jiugang Hongxing focused on green manufacturing and technology independence, ensuring compliance with environmental standards while enhancing production efficiency [4] - Blue Science and Technology High-tech Equipment Co., Ltd. established a support system for local development through donations and community assistance, contributing to social welfare [4] Group 4: Future Outlook - The recognition of these companies reflects a growing emphasis on sustainable development as a core competitive advantage, with expectations for Gansu listed companies to deepen their green innovation practices [4]

来源：上期所发布 〔2025〕145号 近期，我所收到酒泉钢铁（集团）有限责任公司等6家不锈钢期货注册企业变更产品标牌的申请，根据 《上海期货交易所钢材交割商品注册管理规定》等有关规定以及《上海期货交易所不锈钢期货合约》 《上海期货交易所不锈钢期货业务细则》相关要求，经研究决定： 一、同意酒泉钢铁（集团）有限责任公司等6家不锈钢期货注册企业变更产品标牌，详见附件。 二、自公告之日起，使用新产品标牌的产品可生成标准仓单。 特此公告。 ...

Market Overview - On November 19, the general steel sector declined by 0.86%, with Jiugang Hongxing leading the drop [1] - The Shanghai Composite Index closed at 3946.74, up 0.18%, while the Shenzhen Component Index closed at 13080.09, unchanged [1] Individual Stock Performance - Notable gainers included: - Nanjing Steel (600282) with a closing price of 5.58, up 1.09% [1] - Shougang Group (000959) at 4.48, up 0.67% [1] - Baotou Steel (600010) at 2.56, up 0.39% [1] - Significant decliners included: - Jiugang Hongxing (600307) at 1.66, down 3.49% [2] - Bayi Steel (600581) at 3.66, down 3.43% [2] - Anyang Steel (600569) at 2.46, down 3.15% [2] Trading Volume and Capital Flow - The total net outflow of main funds in the general steel sector was 330 million yuan, while retail investors saw a net inflow of 308 million yuan [2] - The trading volume for key stocks showed varied capital flows, with New Steel (600782) experiencing a net inflow of 25.7 million yuan from main funds [3] Capital Flow Analysis - Main funds showed a net inflow in: - Shandong Steel (600022) with 20.05 million yuan [3] - Ling Steel (600231) with 7.18 million yuan [3] - Main funds experienced a net outflow in: - Baotou Steel (600010) with a net outflow of 1.89 million yuan [3] - Anyang Steel (600569) with a net outflow of 1.99 million yuan [3]

Group 1 - The A-share market saw a collective decline in steel stocks, with notable drops including AnTai Group and Hainan Mining hitting the 10% limit down, while SanGang MinGuang fell over 8% [1] - Other steel companies such as Anyang Steel, Shandong Steel, LingSteel, JinLing Mining, LiuGao Steel, JiuGang Hongxing, Xining Special Steel, and HeGang also experienced declines exceeding 5% [1] Group 2 - Specific stock performance data shows AnTai Group and Hainan Mining both down by 10.01%, with market capitalizations of 6.242 billion and 25.7 billion respectively [2] - SanGang MinGuang decreased by 8.26% with a market cap of 10.8 billion, while Anyang Steel fell by 7.01% with a market cap of 7.239 billion [2] - Other notable declines include Shandong Steel down by 5.92% (17 billion), LingSteel down by 5.84% (6.896 billion), and LiuGao Steel down by 5.60% (13.4 billion) [2]

Core Viewpoint - The stock of Jiugang Hongxing has experienced fluctuations, with a recent decline of 2.21% and a year-to-date increase of 11.32% [1] Group 1: Stock Performance - As of November 17, Jiugang Hongxing's stock price is 1.77 CNY per share, with a market capitalization of 11.086 billion CNY [1] - The stock has seen a trading volume of 47.57 million CNY and a turnover rate of 0.42% [1] - Year-to-date, the stock has increased by 11.32%, with a 1.14% rise over the last five trading days, 5.36% over the last 20 days, and 4.73% over the last 60 days [1] Group 2: Financial Performance - For the period from January to September 2025, Jiugang Hongxing reported operating revenue of 23.757 billion CNY, a year-on-year decrease of 7.77% [2] - The company recorded a net profit attributable to shareholders of -711 million CNY, which represents a year-on-year increase of 63.48% [2] Group 3: Shareholder Information - As of September 30, 2025, the number of shareholders for Jiugang Hongxing is 186,500, an increase of 0.65% from the previous period [2] - The average circulating shares per shareholder is 33,579 shares, a decrease of 0.65% from the previous period [2] - The company has distributed a total of 2.174 billion CNY in dividends since its A-share listing, with no dividends paid in the last three years [3] Group 4: Major Shareholders - As of September 30, 2025, Hong Kong Central Clearing Limited is the second-largest circulating shareholder, holding 39.9874 million shares, an increase of 3.844 million shares from the previous period [3] - The Guotai CSI Steel ETF (515210) is the third-largest circulating shareholder, holding 31.236 million shares, an increase of 19.4971 million shares from the previous period [3]

Core Viewpoint - The average stock price of A-shares is 13.92 yuan, with 20 stocks priced below 2 yuan, the lowest being *ST Yuan Cheng at 0.58 yuan [1] Stock Price Distribution - As of November 14, the Shanghai Composite Index closed at 3990.49 points, with a relatively small proportion of high-priced and low-priced stocks in the A-share market [1] - Among the low-priced stocks, 8 are ST stocks, accounting for 40% of those priced below 2 yuan [1] Market Performance - Out of the low-priced stocks, 18 saw an increase today, with notable gains from Rongsheng Development (10.17%), Yongtai Energy (9.82%), and *ST Jinke (4.76%) [1] Low-Priced Stock Rankings - The table lists various low-priced stocks, including their latest closing prices, daily price changes, turnover rates, price-to-book ratios, and industries [1] - For example, *ST Yuan Cheng has a closing price of 0.58 yuan, while *ST Suwu and *ST Jinke are at 0.97 yuan and 1.54 yuan respectively [1]