Financial Performance - The company's revenue for the first half of 2025 was approximately RMB 41,291.8 million, a decrease of about 9.38% compared to the same period last year[5]. - The net profit attributable to shareholders for the same period was approximately RMB 4,631.0 million, an increase of about 32.83% year-on-year[5]. - Basic earnings per share for the first half of 2025 were RMB 0.88, an increase of RMB 0.22 per share compared to the previous year[2]. - The company's main business revenue reached 34,836.86 million CNY, an increase of 2.31% year-on-year[26]. - The overall gross profit margin for the company's products improved to 28.41%, up by 5.70 percentage points compared to the previous year[22]. - The company's operating profit surged by 42.55% year-on-year, totaling 5,741.83 million CNY[26]. - The net profit attributable to shareholders was 4,367.87 million CNY, reflecting a year-on-year increase of 31.34%[26]. - Gross profit increased to RMB 9,891,857 thousand, up 21.0% from RMB 8,171,530 thousand year-over-year[48]. - Operating profit rose to RMB 6,149,113 thousand, reflecting a 29.3% increase from RMB 4,753,134 thousand in the previous year[48]. - Net profit for the period was RMB 4,660,531 thousand, an increase of 31.5% compared to RMB 3,547,266 thousand in 2024[49]. Assets and Liabilities - The total assets as of June 30, 2025, were approximately RMB 253,139.5 million, a slight decrease of 0.59% from the end of 2024[6]. - The total liabilities decreased by 4.29% to approximately RMB 51,970.6 million compared to the end of 2024[5]. - The total assets reported as of June 30, 2025, amounted to RMB 253,139,538 thousand, up from RMB 243,734,511 thousand in 2024, indicating an increase of approximately 3.3%[71]. - The total liabilities reported as of June 30, 2025, were RMB 51,970,562 thousand, compared to RMB 47,580,120 thousand in 2024, reflecting an increase of about 9.9%[71]. - Current liabilities decreased to RMB 27,466,956 thousand from RMB 28,892,092 thousand at the end of 2024[52]. - Non-current liabilities totaled RMB 24,503,606 thousand, down from RMB 25,406,350 thousand in the previous year[52]. Cash Flow and Investments - The net cash flow from operating activities for the first half of 2025 was RMB 8,286.5 million, representing a year-on-year increase of 20.61%[6]. - The company's main source of funds during the reporting period was net cash flow generated from operating activities[35]. - The net cash flow from operating activities for the first half of 2025 was 82.87 billion yuan, an increase of 1.416 billion yuan year-on-year, primarily due to a decrease in procurement costs of raw materials[37]. - Capital expenditures for the reporting period amounted to approximately 6.21 billion yuan, mainly for project construction and external investment[38]. - The total approved and contracted capital commitments as of June 30, 2025, were 10.57 billion yuan, down from 11.04 billion yuan at the end of 2024[38]. Shareholder Information - As of the end of the reporting period, the total number of registered shareholders was 224,128, with the top ten shareholders holding a significant portion of the shares[8]. - The mid-term dividend for 2025 is set at 0.24 yuan per share, with a total distribution amounting to 1.26649 billion yuan, representing 29% of the net profit attributable to ordinary shareholders for the first half of 2025[45]. - The company provided guarantees for bank loans amounting to RMB 814,000,000 for subsidiaries as of June 30, 2025, down from RMB 2,276,071,475 at the end of 2024[89]. Market and Operational Developments - The company signed a contract for the Xinjiang Yaobai project, strengthening its regional market layout in the cement industry[18]. - After acquiring West Papua Conch Cement Co., the company improved its market competitiveness in Indonesia[18]. - The company is actively developing clean energy projects, including a 100 MW wind power project and multiple photovoltaic projects[18]. - The company has implemented AI digital tools across 40 application scenarios, optimizing production processes and enhancing resource utilization[17]. - The company is expanding its product line by establishing new aggregate and concrete projects, further extending its industrial chain[18]. Taxation and Compliance - The effective corporate income tax rate for the company's subsidiaries in mainland China is generally 25%, with several subsidiaries benefiting from a reduced rate of 15% due to high-tech enterprise status[78]. - Xiangshan Conch obtained high-tech enterprise certification in 2024, allowing a preferential income tax rate of 15% from 2024 to 2026[83]. - Yangchun Conch also received high-tech enterprise certification in 2024, benefiting from a 15% preferential income tax rate from 2024 to 2026[83]. - The tax rate for small and micro enterprises is reduced by 25%, with a corporate income tax rate of 20%, effective until December 31, 2027[84].

安徽海螺水泥股份有限公司 第一章 总 则 第一条 为进一步提高安徽海螺水泥股份有限公司（以下简称 "公司"或"本公司"）的规范运作水平，增强信息披露的真实性、 准确性、完整性和及时性，提高年报信息披露的质量和透明度，根 据《公开发行证券的公司信息披露内容与格式准则第2号——年度报 告的内容与格式》，以及有关法律、法规、规范性文件和《安徽海 螺水泥股份有限公司章程》（以下简称"《公司章程》"）、本公 司《信息披露事务管理办法》的有关规定，结合公司实际情况，特 制定本办法。 第二条 本办法是指年报信息披露工作中有关人员不履行或者 不正确履行职责、义务或其他个人原因，对公司造成重大经济损失 或造成不良社会影响时的追究与处理制度。 第三条 本办法适用于公司董事、高级管理人员、各相关单位 负责人、控股股东及实际控制人、以及与年报信息披露工作有关的 其他人员。 第四条 本办法遵循的原则：实事求是、客观公正、有错必究； 过错与责任相适应；责任与权利对等。 第五条 公司董事会秘书室在董事会秘书领导下负责收集、汇 总与追究责任有关的资料，按本办法的规定提出相关处理方案，逐 级上报公司董事会批准。 -1- 第二章 责任的认定及追 ...

第一章 总 则 安徽海螺水泥股份有限公司 关于年报信息披露重大差错责任追究的办法 第一条 为进一步提高安徽海螺水泥股份有限公司（以下简称 "公司"或"本公司"）的规范运作水平，增强信息披露的真实性、 准确性、完整性和及时性，提高年报信息披露的质量和透明度，根 据《公开发行证券的公司信息披露内容与格式准则第2号——年度报 告的内容与格式》，以及有关法律、法规、规范性文件和《安徽海 螺水泥股份有限公司章程》（以下简称"《公司章程》"）、本公 司《信息披露事务管理办法》的有关规定，结合公司实际情况，特 制定本办法。 第二条 本办法是指年报信息披露工作中有关人员不履行或者 不正确履行职责、义务或其他个人原因，对公司造成重大经济损失 或造成不良社会影响时的追究与处理制度。 第三条 本办法适用于公司董事、高级管理人员、各相关单位 负责人、控股股东及实际控制人、以及与年报信息披露工作有关的 其他人员。 第四条 本办法遵循的原则：实事求是、客观公正、有错必究； 过错与责任相适应；责任与权利对等。 第五条 公司董事会秘书室在董事会秘书领导下负责收集、汇 总与追究责任有关的资料，按本办法的规定提出相关处理方案，逐 级上报公司董事 ...

证券代码：600585 证券简称：海螺水泥 公告编号：临 2025-24 安徽海螺水泥股份有限公司 Anhui Conch Cement Company Limited 董事会决议公告 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。 安徽海螺水泥股份有限公司（以下简称"本公司"或"公司"）第十届董事会 第二次会议于 2025 年 8 月 26 日在本公司会议室召开，应到董事 9 人，实到董事 9 人。本次会议由公司董事长杨军先生主持。本次会议的召开符合《公司法》和本公 司《公司章程》的规定，会议程序及所作决议合法有效。本次会议审议的各项议案 表决结果均为：有效表决票数 9 票，其中赞成票 9 票，占有效表决票数的 100%； 反对票 0 票；弃权票 0 票。 本次会议一致通过如下决议： 一、审议通过本公司 2025 年上半年总经理工作报告。 二、审议通过本公司 2025 年半年度报告及其摘要，以及截至 2025 年 6 月 30 日 止半年度业绩公告。 本议案已经董事会审核委员会审阅并同意提呈董事会审议。 安徽海螺水泥股份有限 ...

Anhui Conch Cement Company Limited 2025 年度中期利润分配方案公告 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： 每股分配比例：每股派发现金红利人民币 0.24 元（含税）。 股票简称：海螺水泥 股票代码：600585 公告编号：临 2025-25 安徽海螺水泥股份有限公司 公司拟向全体股东每股派发现金红利人民币 0.24 元（含税）。截至本公告披露 之日，公司总股本 5,299,302,579 股，扣除公司回购专用证券账户中的 22,242,535 股 A 股股份，实际可参与利润分配的股数为 5,277,060,044 股，以此计算合计拟派发现 金红利为人民币 1,266,494,410.56 元（含税），占 2025 年上半年归属于上市公司股 东的净利润的 29%。 如在本公告披露之日起至实施权益分派股权登记日期间公司总股本发生变动， 1 公司拟维持每股分配比例不变，相应调整分配总额。如后续总股本发生变化，将另 行公告具体调整情况。 二、公司履行的决策程序 （一）股东 ...

股票简称：海螺水泥 股票代码：600585 公告编号：临 2025-25 ? 每股分配比例：每股派发现金红利人民币 0.24 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（扣除公司回购专 用证券账户中的股份）为基数，股权登记日具体日期将在权益分派实施公告中明确。 在实施权益分派的股权登记日前公司总股本发生变动的，拟维持每股分配比例不 变，相应调整分配总额，并将另行公告具体调整情况。 ? 本次利润分配方案已由公司 2024 年度股东周年大会授权董事会决定。 安徽海螺水泥股份有限公司 Anhui Conch Cement Company Limited 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： 一、2025 年度中期利润分配方案内容 按照中国会计准则，截至 2025 年 6 月 30 日，安徽海螺水泥股份有限公司（以 下简称"本公司"或"公司"）母公司报表中期末未分配利润为人民币 140,386,771,536 元。经董事会决议，公司 2025 年度中期利润分配方案如下： 公司拟向全体股 ...

一、审议通过本公司 2025 年上半年总经理工作报告。 证券代码：600585 证券简称：海螺水泥 公告编号：临 2025-24 安徽海螺水泥股份有限公司 Anhui Conch Cement Company Limited 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。 安徽海螺水泥股份有限公司（以下简称"本公司"或"公司"）第十届董事会 第二次会议于 2025 年 8 月 26 日在本公司会议室召开，应到董事 9 人，实到董事 9 人。本次会议由公司董事长杨军先生主持。本次会议的召开符合《公司法》和本公 司《公司章程》的规定，会议程序及所作决议合法有效。本次会议审议的各项议案 表决结果均为：有效表决票数 9 票，其中赞成票 9 票，占有效表决票数的 100%； 反对票 0 票；弃权票 0 票。 本次会议一致通过如下决议： 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》《香港联合 交易所有限公司证券上市规则》等法律法规、规范性文件及本公司《公司章程》的 相关规定，结合公司实际情况，对以下 11 项治理制度进行了修 ...

Core Viewpoint - The company reported a decline in revenue but an increase in net profit, indicating improved operational efficiency despite challenging market conditions [2][3][4]. Company Overview and Key Financial Indicators - The company, Anhui Conch Cement Company Limited, operates primarily in the production and sale of cement, clinker, aggregates, and concrete [2]. - Total assets as of June 30, 2025, were CNY 253.14 billion, a decrease of 0.59% from the previous year [2][3]. - The net profit attributable to shareholders was CNY 4.37 billion, an increase of 31.34% year-on-year [3][4]. Management Discussion and Analysis Industry Overview - The cement industry faced a decline in demand, with national cement production dropping by 4.3% year-on-year in the first half of 2025 [4]. - Infrastructure investment increased by 4.6%, providing some support to cement demand, while real estate development investment fell by 11.2% [4]. Company Business Introduction - The company’s main products include various grades of cement, which are widely used in large infrastructure projects and urban real estate development [4]. - The company has established over 500 marketing departments to enhance its sales network [4]. Changes in Core Competitiveness - The company has focused on innovation and technology, achieving 162 authorized patents and 13 invention patents during the reporting period [4]. - The company is advancing its digital transformation and green technology integration in cement manufacturing [4]. Operational Performance Analysis - The company achieved a total revenue of CNY 41.29 billion, a decrease of 9.38% year-on-year, while net profit increased by 32.83% [3][4]. - The company’s gross profit margin improved, reflecting better cost control and pricing strategies [5]. Revenue and Cost Analysis - The company’s main business revenue from cement and clinker sales was CNY 34.84 billion, an increase of 2.31% year-on-year [5]. - The overall gross profit margin for self-produced products increased by 5.84 percentage points compared to the previous year [5][6]. Financial Condition - The company’s total liabilities decreased by 4.28% to CNY 51.94 billion, with a debt-to-asset ratio of 20.52% [6][10]. - Cash flow from operating activities was CNY 8.29 billion, a year-on-year increase of 20.61% [11]. Cash Flow Analysis - The company experienced a net cash outflow from investing activities, primarily due to reduced recoveries from term deposits [11]. - The company’s capital expenditures were approximately CNY 6.21 billion, mainly for project construction and external investments [11].

Core Viewpoint - The company reported a decline in revenue for the first half of 2025, while net profit showed significant growth, indicating a mixed performance amidst challenging market conditions [1] Financial Performance - The company achieved operating revenue of 41.292 billion yuan, a year-on-year decrease of 9.38% [1] - The net profit attributable to shareholders was 4.368 billion yuan, reflecting a year-on-year increase of 31.34% [1] - Basic earnings per share were reported at 0.83 yuan [1] - The company proposed a cash dividend of 0.24 yuan per share (tax included) [1] Capacity Expansion - During the reporting period, the company added new clinker capacity of 1.8 million tons overseas [1] - New cement capacity increased by 4 million tons [1] - Aggregate capacity rose by 3.5 million tons, and ready-mixed concrete capacity increased by 525 million cubic meters [1] - The company also expanded its renewable energy generation capacity by 200 megawatts [1]

安徽海螺水泥股份有限公司 Anhui Conch Cement CompanyLimited （A股：600585 H股：00914） 2025年半年度报告 中国·安徽·芜湖 1 重要提示 一、本公司董事会及董事、高级管理人员保证本报告内容的真实、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。 二、公司全体董事出席第十届董事会第二次会议。 三、本半年度报告未经审计。 四、本公司负责人杨军先生、主管会计工作负责人虞水先生及会计机构负责人凡展先生 声明：保证本报告中财务报告的真实、准确、完整。 3 五、经本公司第十届董事会第二次会议审议的 2025 年度中期利润分配方案为：每股派 发现金红利 0.24 元人民币（含税），不实施公积金转增股本。 六、前瞻性陈述的风险声明：本半年度报告涉及的未来经营发展规划等前瞻性陈述不构 成对投资者的实质承诺，敬请投资者注意投资风险。 七、报告期内，不存在控股股东及其关联方非经营性占用本公司资金的情况。 八、报告期内，不存在违反规定决策程序对外提供担保的情况。 九、公司不存在半数以上董事无法保证本报告内容的真实性、准确性和完整性的情况。 十、除非另 ...