一、会计师事务所履职情况评估 （一）会计师事务所基本信息 1．机构名称：中审众环会计师事务所（特殊普通合伙） 新余钢铁股份有限公司 关于中审众环会计师事务所 2024 年度履职 情况的评估报告 新余钢铁股份有限公司（以下简称"公司"）聘请中审 众环会计师事务所（特殊普通合伙）（以下简称"中审众环"） 作为公司 2024 年度财务报告审计机构及内部控制审计机构。 根据财政部、国务院国资委、中国证监会颁布的《国有企业、 上市公司选聘会计师事务所管理办法》，公司对中审众环 2024 年度审计过程中的履职情况进行评估。经评估，公司认 为，中审众环在资质等方面合规有效，履职能够保持独立性， 勤勉尽责，公允表达意见。具体情况如下： 6．2024 年末合伙人数量 216 人、注册会计师数量 1,304 人、签署过证券服务业务审计报告的注册会计师人数 723 人。 7．2023 年经审计总收入 215,466.65 万元、审计业务收 入 185,127.83 万元、证券业务收入 56,747.98 万元。 8．2023 年度上市公司审计客户家数 201 家，主要行业 涉及制造业，批发和零售业，房地产业，电力、热力、燃气 及水 ...

新钢股份（600782）公告，2024年营业收入为418.04亿元，同比下降41.24%。归属于上市公司股东的净 利润为3278.07万元，同比下降93.41%。公司拟以实施权益分派股权登记日的总股本为基数，向实施权 益分派股权登记日的全体股东每10股派发现金红利0.1元(含税)，剩余未分配利润结转下一年度。公司不 进行资本公积金转增股本。上述利润分配预案已经公司第十届董事会第七次会议审议通过，尚需公司 2024年度股东大会审议批准后实施。 ...

Investment Rating - The report maintains a "Positive" investment rating for the non-ferrous and steel industry [5] Core Viewpoints - Continuous attention is recommended for investment opportunities in the steel sector, especially given the recent changes in tariffs and the domestic market's pricing dynamics [14][8] - The steel industry has experienced a three-year adjustment period, and current valuations present a high cost-performance ratio [14] - The upstream iron ore supply landscape is expected to undergo significant changes, potentially leading to a recovery of profitability within the domestic steel industry [14] Summary by Sections 1. Core Viewpoints - Continuous focus on investment opportunities in the steel sector is emphasized, particularly in light of recent tariff increases and potential economic stagnation in the U.S. [14] - The steel sector has seen a three-year downturn, but current conditions suggest improved profitability and stability for leading companies [14] 2. Steel Market Overview - The weekly consumption of rebar increased to 2.74 million tons, reflecting an 8.37% week-on-week rise [15][18] - The overall price index for common steel decreased by 0.72%, with specific products showing varied price movements [15][37] 3. Industrial Metals - The copper smelting fee has deepened into negative territory, indicating challenges in the copper market [17] - The production costs for electrolytic aluminum have decreased significantly, leading to improved profitability for producers [17] 4. Precious Metals - Gold prices have shown a notable increase, with COMEX gold closing at $3,341.3 per ounce, a 2.65% rise week-on-week [17] - The increase in tariffs is expected to drive demand for gold as a safe-haven asset, suggesting potential investment opportunities in the gold sector [17] 5. New Energy Metals - Lithium production in China saw a significant year-on-year increase of 57.44% in February 2025, indicating strong growth in the new energy sector [16] - The demand for nickel and cobalt remains robust, with notable increases in production and consumption in the electric vehicle market [45][50]

Core Insights - The article provides a comprehensive overview of the silicon steel industry chain, highlighting its upstream, midstream, and downstream components, as well as the geographical distribution of key players and the pricing structure of the industry [1][3][5]. Industry Chain Overview - Silicon steel serves as a primary raw material for various components, with a relatively simple upstream consisting of silicon iron, industrial silicon, and synthetic metals, along with production fuels [1][3]. - The midstream involves the production and processing of various types of silicon steel, with major players including Baosteel, Shougang, and Taiyuan Iron and Steel [3][4]. - The downstream applications encompass large motors, household appliances, new energy vehicles, and transformers [1][4]. Geographical Distribution - The silicon steel industry is predominantly concentrated in North China, with upstream companies located in resource-rich regions such as Inner Mongolia, Shanxi, and Hebei [5]. - The industry chain is well-developed in East China, particularly in Jiangxi, while Central China, especially Henan, has a robust industry chain as well [5]. - Key upstream players in Inner Mongolia include Junzheng Group and Ordos Metallurgy, while major midstream companies include Baotou Steel [5]. Value Chain Dynamics - The market price of the silicon steel industry is influenced by supply, manufacturing, and application sectors, with costs driven by raw materials, labor, and energy prices [7]. - The transmission of prices from the supply side to the manufacturing side creates production costs, which then affect consumer pricing based on market demand elasticity [7]. Pricing Structure Analysis - According to Mysteel data, the average cost for domestic short-process production in 2024 is projected to be 4,690 yuan per ton, with an average gross profit of 223 yuan per ton, resulting in an overall gross margin of approximately 5% [10]. - Recent trends indicate that short-process silicon steel producers are experiencing relatively low profit margins, with some firms even facing losses [10].

Investment Rating - The report maintains a "Buy" rating for several key companies in the steel industry, including Hualing Steel, Nanjing Steel, Baosteel, and New Steel [8]. Core Insights - The steel industry is experiencing a significant recovery in production and demand, with March crude steel daily output increasing by 5.2% year-on-year and 6.3% month-on-month, indicating a strong recovery in steel mills' production enthusiasm [2][6]. - The apparent consumption of steel in March 2025 reached 82.89 million tons, a year-on-year increase of 4.9%, with a notable acceleration in downstream demand [2]. - The net export of steel in March was 9.96 million tons, up 7.4% year-on-year, driven by price advantages and export factors [3]. Summary by Sections Production and Demand - In March 2025, crude steel production was 92.84 million tons, a year-on-year increase of 4.6%, with a daily average of 2.995 million tons [6]. - The manufacturing sector showed strong growth, with the manufacturing purchasing managers' index (PMI) at 50.5, indicating expansion [2]. Export and Import Trends - March steel exports were 10.46 million tons, a year-on-year increase of 5.7%, while imports decreased by 18.8% [6]. - Iron ore imports in March were 93.97 million tons, down 6.7% year-on-year, influenced by high port inventories [6]. Government Policy and Industry Outlook - The government is expected to continue implementing crude steel production controls to promote industry restructuring, with some steel mills already announcing production cuts [3]. - The report suggests that the steel industry's medium to long-term fundamentals are likely to improve, supported by government fiscal measures and supply-side adjustments [7].

Market Overview - A-shares experienced narrow fluctuations with all three major indices closing slightly lower, with the Shanghai Composite Index down 0.04% at 3368.7 points, the ChiNext Index down 0.26% at 2139.9 points, and the Shenzhen Component Index down 0.05% at 10643.82 points [1] - Total trading volume in the two markets reached 11,543 billion yuan, a decrease of 1,039 billion yuan from the previous trading day [1] Sector Performance - The banking and electric power sectors saw significant declines, with major banks like China Merchants Bank dropping over 5% [3] - The automotive sector showed gains in the afternoon, with several stocks reaching their daily limit or increasing by over 10% [3] - The real estate sector remained strong, with stocks like Rongsheng Development and Jingji Agricultural Technology hitting their daily limit [3] - The steel sector faced declines, with companies like Xining Special Steel and Bayi Iron & Steel dropping over 3% [4] - Public utilities also performed poorly, with stocks like Xinjiang Haoyuan and Mingxing Electric Power falling over 5% [4] Investment Opportunities - There are structural gaming opportunities in certain consumer sectors, particularly in home appliances and consumer electronics, as policies to stimulate consumption are being implemented [5] - The average price-to-earnings ratios for the Shanghai Composite Index and ChiNext Index are at 14.32 times and 37.58 times, respectively, indicating a suitable environment for medium to long-term investments [6] - The market is expected to show characteristics of technology leadership, dividend defense, consumer recovery, and domestic demand-driven growth, suggesting a balanced approach to investment across financial, dividend, consumer, and technology sectors [7]

证券代码：600782 证券简称：新钢股份 公告编号：临2025-017 新余钢铁股份有限公司 关于控股股东获得增持资金贷款承诺函暨 调整增持股份资金来源的公告 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。 一、增持方案基本内容及进展 新余钢铁股份有限公司（简称"新钢股份"或"公司"）于 2024 年 8 月 23 日在上海证券交易所网站披露了《关于控股股东增持公司股份计划 的公告》，基于对公司未来发展的信心和长期投资价值的认可，同时为促 进公司持续、稳定、健康发展，增强投资者信心，公司控股股东新余钢铁 集团有限公司（以下简称"新钢集团"）计划自该公告披露之日起的 12 个月内，通过上海证券交易所允许的方式（包括但不限于集中竞价交易、 大宗交易等）增持公司 A 股股份；增持金额不低于人民币 1.5 亿元、不超 过人民币 3 亿元，增持比例不超过公司已发行股份的 2%。 截至 2025 年 3 月 19 日，新钢集团以集中竞价交易方式累计增持新钢 股份 3,031.73 万股，占公司总股本的 0.96%，最高成交价为 4.20 ...

证券代码：600782 证券简称：新钢股份 公告编号：临2025-016 公司董事会秘书联系方式如下： 联系电话：0790-6290782、6292961 传 真：0790-6294999 电子邮箱：ir_600782@163.com 联系地址: 江西省新余市渝水区冶金路 1 号 新余钢铁股份有限公司 关于公司董事会秘书正式履职的公告 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。 2025 年 2 月 21 日，新余钢铁股份有限公司（以下简称"公司"）召 开第十届董事会第五次会议，会议审议通过了《关于聘任公司董事会秘书 的议案》，同意聘任肖勇先生为公司董事会秘书，任期与公司第十届董事 会任期一致。由于肖勇先生当时尚未取得上海证券交易所颁发的董事会秘 书资格证书，在此期间暂由公司董事长刘建荣先生代行董事会秘书职责， 具体内容详见 2025 年 2 月 22 日公司登载于上海证券交易所网站 （www.sse.com.cn）的《新钢股份关于聘任副总经理和董事会秘书的公告》 （公告编号：2025-007）。 近日，肖勇先生参加了上海 ...

江西华邦律师事务所 关于新余钢铁股份有限公司 2025年第一次临时股东大会的法律意见书 致：新余钢铁股份有限公司 江西华邦律师事务所（以下称"本所"）接受新余钢铁股份有限公司 （以下称"公司"）的委托，指派本所律师出席公司2025年第一次临时股 东大会（以下称"本次股东大会"），对本次股东大会的合法合规性进行 见证。 本所律师根据《中华人民共和国公司法》（以下称"《公司法》"）、 《上市公司股东大会规则》（2022年修订）（以下称"《股东大会规 则》"）等法律、法规和规范性法律文件以及《新余钢铁股份有限公司章 程》（以下称"《公司章程》"）的规定，就公司本次股东大会的召集、 召开程序、出席会议人员的资格、召集人的资格、表决程序和表决结果等 有关事宜出具本法律意见书。 本法律意见书仅供公司本次股东大会相关事项的合法性之目的使用， 不得用作任何其他目的，本所律师同意将本法律意见书随公司本次股东大 会决议一起予以公告，并依法对本法律意见书承担相应的责任。 按照律师行业公认的业务标准、道德规范和勤勉尽责精神，本所律师 对本次股东大会的相关资料和事实进行了核查和验证，现发表法律意见如 下： 一、本次股东大会的召集、召开 ...

证券代码：600782 证券简称：新钢股份 公告编号：临 2025-015 新余钢铁股份有限公司 2025 年第一次临时股东大会决议公告 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) 股东大会召开的时间：2025 年 3 月 14 日 (二) 股东大会召开的地点：江西省新余市渝水区公司会议室 (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 | 432 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 1,656,652,723 | | 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份总 | | | 数的比例（%） | 52.6648 | (四) 表决方式是否符合《公司法》及《公司章程》的规定，大会主持情 况等。 本次会议由董事会召集，董事长刘建荣先生主持，以现场投票与网络投票相 结合的方式召开。会议的召集、召开及表决方式符合《公司法》及《公司章 ...