证券代码：600507 证券简称：方大特钢 公告编号：临2026-016 方大特钢科技股份有限公司 2025 年度利润分配预案公告 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： 本次利润分配方案尚需提交公司股东会审议。 一、利润分配预案内容 （一）利润分配方案的具体内容 经中审华会计师事务所（特殊普通合伙）审计，截至 2025 年 12 月 31 日， 公司母公司报表中期末未分配利润为人民币 3,058,900,619.56 元。经董事会决议， 公司 2025 年度拟以实施权益分派股权登记日登记的总股本扣除公司回购专用证 券账户的股份数为基数分配利润。本次利润分配方案如下： 上市公司拟向全体股东每 10 股派发现金红利 2 元（含税）, 不送红股，不 进行资本公积金转增股本。截至 2025 年 12 月 31 日，公司总股本 2,313,187,890 股，扣除公司回购专用证券账户 50,052,659 股后为 2,263,135,231 股，以此计算 1 合计拟派发现金红利 452,627,046.20 元 ...

方大特钢科技股份有限公司 2025 年年度报告 公司代码：600507 公司简称：方大特钢 方大特钢科技股份有限公司 2025 年年度报告 1 / 244 方大特钢科技股份有限公司 2025 年年度报告 重要提示 一、本公司董事会及董事、高级管理人员保证年度报告内容的真实性、准确性、完整性，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。 二、公司全体董事出席董事会会议。 三、中审华会计师事务所（特殊普通合伙）为本公司出具了标准无保留意见的审计报告。 四、公司负责人梁建国、主管会计工作负责人简鹏及会计机构负责人（会计主管人员）周雪 声明：保证年度报告中财务报告的真实、准确、完整。 五、董事会决议通过的本报告期利润分配预案或公积金转增股本预案 公司于2026年3月20日召开第九届董事会第十三次会议，审议通过《2025年度利润分配预案》 ，公司拟定2025年度利润分配方案为：每10股派发现金红利2元（含税），不送红股，不进行资本 公积金转增股本。本预案尚需提交股东会审议。 截至报告期末，母公司存在未弥补亏损的相关情况及其对公司分红等事项的影响 □适用 √不适用 六、前瞻性陈述的风险声明 √适用 ...

证券代码：600507 证券简称：方大特钢 公告编号：临 2026-014 方大特钢科技股份有限公司 2026年第二次临时股东会决议公告 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法律责任。 重要内容提示： 本次会议是否有否决议案：无 一、会议召开和出席情况 (一)股东会召开的时间：2026 年 3 月 18 日 (二)股东会召开的地点：公司四楼会议室（江西省南昌市青山湖区冶金大道475 号） (三)出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： | 1、出席会议的股东和代理人人数 | 563 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 1,098,612,097 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | 48.54 | | 份总数的比例（%） | | 注：根据《上市公司股份回购规则》第十三条，"上市公司回购的股份自过户至上市公 司回购专用账户之日起即失去其权利，不享有股东会表决权、利润分配、公积金转增股本、 认购新股和可转换公司债券等权利，不得质押 ...

国浩律师(南昌)事务所 方大特钢科技股份有限公司 2026 年第二次临时股东会 之 法律意见书 江西省南昌市红谷滩区凤凰中大道 1115 号北京银行 22 楼 邮编：330038 22th Floor,Bank of Beijing,No. 1115 Phoenix Middle Avenue,Honggutan Area,Nanchang,Jiangxi,330038,China 电话/Tel: +86 791 86598129 传真/Fax: +86 791 86598050 网址/Website:http://www.grandall.com.cn 二〇二六年三月 关 于 国浩律师(南昌)事务所 法律意见书 国浩律师(南昌) 事务所 关于方大特钢科技股份有限公司 2026 年第二次临时股东会之 法律意见书 赣国浩律(顾)字[2026]第 002 号 致:方大特钢科技股份有限公司 根据《中华人民共和国公司法》(以下简称"《公司法》")、《中华人民共和 国证券法》(以下简称"《证券法》")和中国证券监督管理委员会《上市公司股 东会规则》(以下简称"《股东会规则》"）的规定,国浩律师(南昌)事务所 (以下简称 ...

Investment Rating - The report suggests a positive outlook for the steel industry, indicating that leading companies are expected to benefit from improved supply-demand dynamics and enhanced profitability in the medium to long term [4][21]. Core Insights - The steel sector has shown strong performance in sub-segments such as plate and special steel, with year-to-date increases of 10.37%, 9.31%, and 8.85% for plate, special steel, and pipe segments respectively [4][6]. - The Ministry of Industry and Information Technology (MIIT) has initiated an "Industrial Data Foundation Action" aimed at constructing high-quality industry data sets to empower artificial intelligence applications, with the steel industry identified as a key focus area [4][10]. - The report emphasizes the importance of optimizing product structures and highlights the potential for stable high dividends from leading companies such as Baosteel, Shougang, and CITIC Special Steel [21]. Summary by Sections Market Performance - The steel sector has seen a mixed performance with 19 companies rising in stock value, while 57.78% of stocks experienced declines during the week of March 8 to March 15, 2026 [8]. - The top five performers in the steel sector during this week were Jiugang Hongxing, Hainan Mining, Dazhong Mining, Zhongnan Co., and Anyang Steel, with increases of 17.46%, 10.33%, 10.30%, 3.65%, and 3.44% respectively [8][9]. Industry Events - The MIIT's notification on March 10 outlines a plan to establish a collaborative framework among leading companies in the steel sector to enhance data collection and utilization, aiming for breakthroughs in industrial data bottlenecks by the end of 2026 [10][11]. - The initiative includes the creation of a trusted interconnection platform for industry data, which will facilitate the development of high-quality, standardized, and shareable industry data sets [10][12]. Investment Recommendations - The report recommends focusing on companies with optimized product structures and stable high dividends, such as Baosteel, Shougang, CITIC Special Steel, and Hualing Steel [21]. - It also highlights companies with high technical barriers that can withstand market pressures, suggesting attention to Fangda Special Steel, New Steel, and Jiuli Special Materials [21]. - Additionally, it points to upstream resource companies that may benefit from improved supply dynamics, recommending Baotou Steel, Hainan Mining, Hebei Steel Resources, and Jinling Mining [21].

Investment Rating - The report maintains an "Overweight" rating for the steel industry [4]. Core Insights - Demand is expected to gradually stabilize, and supply-side adjustments are anticipated to continue, leading to a potential recovery in the steel industry's fundamentals [2]. - The report highlights that approximately 60% of steel companies are currently operating at a loss, indicating a market-driven supply clearance is beginning to occur [4]. - The report emphasizes the importance of balancing supply and demand, optimizing product structure, and the necessity for structural reforms in the steel industry during the "14th Five-Year Plan" period [4]. Summary by Sections Demand and Supply - Demand is projected to stabilize, with a decrease in the real estate sector's contribution to steel demand becoming less impactful. Growth in steel demand from infrastructure and manufacturing is expected to be steady [4]. - The total social inventory of major steel products reached 14.23 million tons, an increase of 200,000 tons week-on-week. Steel mill inventories also rose to 5.52 million tons, up by 30,000 tons [9][29]. Profitability - The report notes a rebound in production profits for rebar and hot-rolled steel, with average gross margins for hot-rolled steel increasing by 2 CNY/ton to 46 CNY/ton, and for rebar, the average gross margin rose by 34 CNY/ton to 182 CNY/ton [33][39]. Price Trends - Steel prices have shown a week-on-week increase, with Shanghai rebar prices rising by 60 CNY/ton to 3,260 CNY/ton, and hot-rolled coil prices increasing by 60 CNY/ton to 3,310 CNY/ton [7][39]. - International steel prices have decreased, with U.S. rebar prices dropping by 19 USD/ton to 1,026 USD/ton, and European prices falling by 58 USD/ton to 715 USD/ton [36]. Raw Material Prices - Iron ore spot prices have rebounded, with the price at Rizhao Port increasing by 20 CNY/ton to 799 CNY/ton, while futures prices rose by 21.5 CNY/ton to 772 CNY/ton [39][46]. - The report indicates an increase in iron ore port inventories, which rose by 700,000 tons to 17.182 million tons [46]. Recommendations - The report recommends focusing on leading companies with technological and product structure advantages, such as Baosteel, Hualing Steel, and Shougang, as well as low-cost and flexible steel companies like Fangda Special Steel and New Steel [4].

Investment Rating - The report maintains a "Buy" rating for the steel industry, recommending several key companies [2][4]. Core Insights - The report highlights increased disturbances in the raw material sector, emphasizing the need to monitor geopolitical changes and negotiation developments [8]. - Steel prices have risen, with specific increases noted in various steel products, indicating a potential upward trend in the market [13][14]. - The report suggests that while short-term uncertainties exist due to geopolitical tensions and raw material negotiations, long-term prospects for steel companies remain positive due to supply-side constraints and carbon reduction requirements [8]. Summary by Sections Domestic Steel Market - As of March 13, 2026, the price of 20mm HRB400 rebar in Shanghai is 3,260 CNY/ton, up 90 CNY/ton from the previous week [13]. - Other steel products also saw price increases, with hot-rolled steel at 3,310 CNY/ton and cold-rolled steel at 3,660 CNY/ton, both rising by 40 CNY/ton [14]. Profitability - The report indicates a decrease in steel profits, with average margins for rebar, hot-rolled, and cold-rolled steel declining by 5 CNY/ton, 12 CNY/ton, and 12 CNY/ton respectively [8]. Production and Inventory - Total production of major steel products reached 8.21 million tons, an increase of 237,300 tons week-on-week, with rebar production specifically increasing by 219,900 tons to 1.953 million tons [8]. - Total inventory of major steel products rose by 201,900 tons to 14.2168 million tons, indicating a growing supply in the market [8]. Investment Recommendations - Recommended stocks include: 1. General steel leaders: Hualing Steel, Baosteel, Nanjing Steel 2. Special steel sector: Xianglou New Materials, CITIC Special Steel, Fangda Special Steel 3. Pipe materials: Jiuli Special Materials, Youfa Group, Changbao Co. 4. Raw materials: Dazhong Mining (iron ore + lithium), Fangda Carbon [8].

（一）本次交易的基本情况 证券代码：600507 证券简称：方大特钢 公告编号：临 2026-013 方大特钢科技股份有限公司 关于出售参股公司股权的公告 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： 方大特钢科技股份有限公司（以下简称"方大特钢"或"公司"）拟向东吴 证券股份有限公司（以下简称"东吴证券""交易对手"）出售持有的参股公司东海 证券股份有限公司（以下简称"东海证券""标的公司"或"交易标的"）1.62%股份， 对应 30,000,000 股（以下简称"标的资产"），东吴证券拟通过发行股份及支付现 金方式购买公司所持标的资产（以下简称"本次交易"）。2026 年 3 月 13 日，公 司与东吴证券签署了《东吴证券股份有限公司发行股份及支付现金购买资产框架 协议书》。 因本次交易涉及的对东海证券的审计以及资产评估工作尚未完成，标的 资产的交易价格将以资产评估机构出具的资产评估报告确定的评估结果为基础， 由交易双方协商确定。最终交易价格及交易对价支付方式将另行签署正式协议确 定。 本次签署协议事项已 ...

2026 年第二次临时股东会文件目录 2026 年 3 月 18 日 | 2026 年第二次临时股东会会议议程 3 | | --- | | 关于修订《公司章程》的议案 5 | | 关于修订《对外投资管理办法》的议案 6 | 方大特钢科技股份有限公司 2026 年第二次临时股东会会议文件 2026 年第二次临时股东会会议议程 一、会议安排 （一）会议时间：2026 年 3 月 18 日（星期三）14 点 30 分。 （二）会议地点：公司四楼会议室（江西省南昌市青山 湖区冶金大道 475 号）。 （三）与会人员：公司董事、高级管理人员和其他相关 人员。 （四）会议主持：公司董事长梁建国。 二、会议议程 （一）会议主持人介绍本次会议人员出席情况，介绍到 会董事、高级管理人员和其他相关人员情况。 （二）会议主持人宣布会议开始。 （三）宣读议案。 （七）会议主持人宣布会议闭幕，相关人员签署相关文 件。 关于修订《公司章程》的议案 各位股东： 根据《中华人民共和国公司法》《上海证券交易所股票 上市规则》的有关规定，结合公司实际情况，公司调整《公 司章程》中关于董事会职权的相关规定。 具体内容详见 2026 年 3 月 3 ...

Investment Rating - The report maintains a "Buy" rating for the steel industry, recommending several key companies [2][3]. Core Insights - The report emphasizes the urgency of carbon reduction goals, with the government targeting a 3.8% reduction in carbon intensity per unit of GDP. This highlights the steel industry's significant role as the second-largest carbon emitter after electricity [7]. - International tensions are driving up raw material prices, with costs remaining relatively firm due to rising oil and coal prices. The supply-demand recovery in the steel sector is slow, but the long-term carbon reduction requirements are expected to constrain supply, potentially leading to a recovery in steel company profits [7]. - The report identifies leading companies in various segments: 1. General steel leaders: Hualing Steel, Baosteel, Nanjing Steel 2. Special steel segment: Xianglou New Materials, CITIC Special Steel, Fangda Special Steel 3. Pipe materials: Jiuli Special Materials, Youfa Group, Changbao Co. 4. Raw materials: Dazhong Mining (iron ore + lithium ore), Fangda Carbon [7]. Summary by Sections Domestic Steel Market - As of March 6, 2026, steel prices in Shanghai showed fluctuations, with rebar (20mm HRB400) priced at 3170 CNY/ton, down 30 CNY/ton from the previous week. Hot-rolled and cold-rolled prices also experienced minor changes [14][15]. Profit Situation - The report indicates a decline in steel profits, with average weekly gross margins for rebar, hot-rolled, and cold-rolled steel decreasing by 31 CNY/ton, 11 CNY/ton, and 21 CNY/ton respectively compared to the previous week [7]. Production and Inventory - As of March 6, 2026, the total production of five major steel varieties reached 7.97 million tons, with a slight increase of 0.47 million tons week-on-week. Total inventory also rose by 1.07 million tons to 14.01 million tons [7]. Raw Material Market - The report notes that domestic iron ore prices are fluctuating, while imported ore prices are stable to slightly increasing. As of March 6, 2026, domestic iron ore prices varied, with Anshan iron concentrate at 750 CNY/ton and imported Brazilian powder at 888 CNY/ton [30].