Revenue and Profit - Revenue for the third quarter of 2023 was RMB 19.47 billion, an increase of 12.73% compared to the same period last year[6] - Total revenue for the first three quarters of 2023 was RMB 57.005 billion, a decrease of 8.6% compared to RMB 62.361 billion in the same period of 2022[21] - Revenue for the first three quarters of 2023 was 36.733 billion RMB, a decrease from 40.190 billion RMB in the same period of 2022[31] - Net profit attributable to shareholders of the listed company for the third quarter was a loss of RMB 370.95 million, compared to a loss of RMB 515.67 million year-to-date[6] - Net profit attributable to the parent company for the first three quarters of 2023 was a loss of RMB 515.666 million, an improvement from a loss of RMB 2.591 billion in the same period of 2022[23] - Net profit for the first three quarters of 2023 was a loss of 120.462 million RMB, compared to a loss of 1.387 billion RMB in 2022[32] - Basic earnings per share for the first three quarters of 2023 was RMB -0.20, an improvement from RMB -1.01 in the same period of 2022[23] - Total comprehensive income for the first three quarters of 2023 was a loss of RMB 982.788 million, an improvement from a loss of RMB 4.014 billion in the same period of 2022[23] - Minority shareholders' share of the net loss for the first three quarters of 2023 was RMB 467.122 million, an improvement from RMB 1.423 billion in the same period of 2022[23] Operating Costs and Expenses - Total operating costs for the first three quarters of 2023 were RMB 58.238 billion, a decrease of 12.2% compared to RMB 66.353 billion in the same period of 2022[21] - Operating costs for the first three quarters of 2023 were 35.871 billion RMB, slightly lower than 40.361 billion RMB in 2022[31] - R&D expenses for the first three quarters of 2023 increased by 37.2% to RMB 971.612 million compared to RMB 708.044 million in the same period of 2022[22] - R&D expenses increased to 407.269 million RMB in 2023, up from 298.104 million RMB in 2022[31] - Interest expenses for the first three quarters of 2023 were RMB 835.478 million, a slight decrease from RMB 835.767 million in the same period of 2022[22] Cash Flow and Liquidity - Operating cash flow for the year-to-date was RMB 66.39 million, a decrease of 99.07% compared to the same period last year[7] - Operating cash flow for the first three quarters of 2023 was RMB 66.39 million, a significant decrease from RMB 7.11 billion in the same period last year[25] - Cash flow from operating activities was negative 2.779 billion RMB in 2023, a significant decline from positive 7.334 billion RMB in 2022[34] - Cash flow from investing activities was negative 202.753 million RMB in 2023, an improvement from negative 1.105 billion RMB in 2022[34] - Cash flow from financing activities was negative 406.722 million RMB in 2023, compared to negative 639.982 million RMB in 2022[35] - Cash and cash equivalents at the end of Q3 2023 were RMB 5.17 billion, a decrease from RMB 9.46 billion at the end of Q3 2022[26] - Total cash and cash equivalents at the end of the third quarter of 2023 were 4.576 billion RMB, down from 9.090 billion RMB at the end of 2022[35] - The company's cash and cash equivalents decreased by RMB 3.37 billion in the first three quarters of 2023, compared to an increase of RMB 5.44 billion in the same period last year[26] - Net cash flow from investment activities in the first three quarters of 2023 was negative RMB 1.37 billion, slightly worse than the negative RMB 1.34 billion in 2022[25] - Cash outflow for purchasing goods and services in the first three quarters of 2023 was RMB 57.47 billion, up from RMB 54.39 billion in 2022[25] - Tax refunds received in the first three quarters of 2023 increased to RMB 14.4 million, compared to RMB 2.4 billion in 2022[25] Assets and Liabilities - Total assets as of the end of the reporting period were RMB 71.31 billion, a slight decrease of 0.14% compared to the end of the previous year[7] - Total assets as of September 30, 2023, amounted to RMB 71.31 billion, a slight decrease from RMB 71.41 billion at the end of 2022[17][18] - Total assets as of September 30, 2023, were RMB 34.36 billion, down from RMB 37.38 billion at the end of 2022[30] - Current assets totaled RMB 23.05 billion, down from RMB 23.30 billion at the end of 2022[17] - Fixed assets decreased to RMB 36.28 billion from RMB 37.48 billion at the end of 2022[18] - Inventory increased to RMB 9.88 billion from RMB 8.40 billion at the end of 2022[17] - Total liabilities as of the end of Q3 2023 were RMB 49.726 billion, a slight increase from RMB 48.850 billion at the end of 2022[19] - Total liabilities as of September 30, 2023, were RMB 24.36 billion, a decrease from RMB 27.27 billion at the end of 2022[30] - Short-term borrowings decreased to RMB 1.70 billion from RMB 2.39 billion at the end of 2022[18] - Long-term borrowings stood at RMB 19.81 billion, down from RMB 20.36 billion at the end of 2022[18] - Accounts payable increased to RMB 11.94 billion from RMB 10.79 billion at the end of 2022[18] Equity and Shareholders - Equity attributable to shareholders of the listed company decreased by 5.22% to RMB 9.30 billion compared to the end of the previous year[7] - Total equity attributable to the parent company as of the end of Q3 2023 was RMB 9.302 billion, an increase from RMB 9.815 billion at the end of 2022[19] - Shareholders' equity as of September 30, 2023, was RMB 10 billion, slightly lower than RMB 10.12 billion at the end of 2022[30] - Liuzhou Iron & Steel Group holds 74.57% of the company's shares, totaling 1.91 billion shares[14] - Wang Wenhui, an individual shareholder, holds 8.08% of the company's shares, with 203.47 million shares pledged[14] - Li Zibin holds 0.93% of the company's shares, with 15.94 million shares held through a margin account[15] - The number of ordinary shareholders at the end of the reporting period was 42,672[13] Government Subsidies and Cost Management - Government subsidies received during the reporting period amounted to RMB 206.09 million year-to-date[9] - The company's efforts in cost reduction and efficiency improvement led to a significant reduction in losses compared to the same period last year[11] Sales and Tax - Sales revenue from goods and services for the first three quarters of 2023 was RMB 59.18 billion, down from RMB 60.46 billion in 2022[25] - Tax refunds received in the first three quarters of 2023 increased to RMB 14.4 million, compared to RMB 2.4 billion in 2022[25]

柳州钢铁股份有限公司 关于召开 2023 年第三季度业绩说明会的公告 证券代码：601003 证券简称：柳钢股份 公告编号：2023-032 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： https://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 11 月 01 日(星期三) 至 11 月 07 日(星期 二)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 liscl@163.com 进行提问。公司将在说明会上对投资者 普遍关注的问题进行回答。 柳州钢铁股份有限公司（以下简称"公司"）已于 2023 年 10 月 28 日发布公司 2023 年第三季度报告，为便于广大投资者更全面深入 地了解公司 2023 年第三季度经营成果、财务状况，公司计划于 2023 年11月08日 上午 10:00-11:00 举行2023 年第三季度业绩说明会， 就投资者关心的问题进行交流。 一、 说明会类型 会议召开时间：2023 年 1 ...

证券代码：601003 证券简称：柳钢股份 公告编号：2023-031 柳州钢铁股份有限公司 2023 年前三季度经营情况公告 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。 柳州钢铁股份有限公司（以下简称"公司"）根据上海证券交易所《上市公司行业 信息披露指引第七号——钢铁》的要求，现将公司2023年前三季度主要经营数据披露如 下： | | | 钢材产品 | 中板材 | 小型材 | 冷轧钢带 | 热轧钢带 | | --- | --- | --- | --- | --- | --- | --- | | 2023 | 年 | 产量（万吨） | 125.66 | 482.76 | 142.58 | 169.37 | | | | 销量（万吨） | 126.15 | 483.09 | 143.02 | 171.97 | | 1-9 | 月 | 销售收入（亿元） | 47.37 | 164.02 | 57.62 | 60.03 | | | | 平均单价（元/吨） | 3,755.14 | 3,395.25 | 4,028.99 | 3, ...

会议召开方式：上证路演中心网络互动 投资者可于 2023 年 09 月 08 日(星期五) 至 09 月 14 日(星期四)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 liscl@163.com 进行提问。公司将在说明会上对投资者普遍关注的问题进行回答。 证券代码：601003 证券简称：柳钢股份 公告编号：2023-029 柳州钢铁股份有限公司 关于召开 2023 年半年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法律责任。 重要内容提示： https://roadshow.sseinfo.com/） 柳州钢铁股份有限公司（以下简称"公司"）已于 2023 年 8 月 26 日发布公 司 2023 年半年度报告，为便于广大投资者更全面深入地了解公司 2023 年半年度 经营成果、财务状况，公司计划于 2023 年 09 月 15 日 上午 09:00-10:00 举行 2023 年半年度业绩说明会，就投资者关心的问题进行交流。 一、 说明会类型 本次投资者说明会以网络互动形式召开 ...

柳州钢铁股份有限公司 关于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。 柳州钢铁股份有限公司（以下简称"公司"）于 2023 年 5 月 18 日召开了第 八届董事会第十九次会议，审议通过了《关于聘任公司董事会秘书的议案》，公 司董事会同意聘任吴丹伟先生为公司董事会秘书，与本届董事会任期一致。其聘 任自取得上海证券交易所认可的任职资格后正式生效。在此期间，由公司董事长 卢春宁先生代行董事会秘书职责。（详见公告：2023-023） 证券代码：601003 证券简称：柳钢股份 公告编号：2023-030 地址：广西柳州市北雀路 117 号柳州钢铁股份有限公司办公室 特此公告。 柳州钢铁股份有限公司董事会 2023年9月5日 近日，吴丹伟先生已完成上海证券交易所董事会秘书任职资格培训并经资格 审核通过。根据公司第八届董事会第十九次会议决议，吴丹伟先生将正式履行董 事会秘书职责。 董事会秘书的联系方式如下： 电话：0772-2595971 邮箱：liscl@163.com ...

Financial Performance - The company's operating revenue for the first half of 2023 was approximately RMB 37.54 billion, a decrease of 16.75% compared to RMB 45.09 billion in the same period last year[20]. - The net profit attributable to shareholders of the listed company was a loss of approximately RMB 144.72 million, an improvement of 84.87% from a loss of RMB 956.81 million in the previous year[20]. - The net cash flow from operating activities was RMB 44.07 million, a significant decline of 99.14% compared to RMB 5.13 billion in the same period last year[20]. - The total assets at the end of the reporting period were approximately RMB 72.15 billion, an increase of 1.03% from RMB 71.41 billion at the end of the previous year[20]. - The net assets attributable to shareholders of the listed company decreased by 1.51% to approximately RMB 9.67 billion from RMB 9.81 billion at the end of the previous year[20]. - The basic earnings per share for the first half of 2023 was -RMB 0.06, an improvement of 83.78% from -RMB 0.37 in the same period last year[21]. - The weighted average return on net assets increased by 6.57 percentage points to -1.49% compared to -8.06% in the previous year[21]. - The company reported a loss of RMB 276.88 million after deducting non-recurring gains and losses, which is a 71.16% improvement from a loss of RMB 960.05 million in the previous year[20]. Industry Context - The steel industry is facing a challenging environment with a 68.8% decline in total profits for key member steel companies, and a loss ratio of 44.6%[26]. - The average prices of key raw materials have decreased, with coking coal down 18.0%, metallurgical coke down 25.2%, and imported iron ore down 11.7%[26]. - The apparent consumption of crude steel decreased by 1.9% year-on-year, while the average value of the China Steel Price Index (CSPI) fell by 15.4%[26]. - Steel exports reached 43.58 million tons, marking a 31.3% year-on-year increase, helping to alleviate domestic supply and demand pressure[26]. Production and Capacity - The company has iron production capacity of 16.25 million tons, steel production capacity of 18.8 million tons, and rolling capacity of 18.19 million tons[28]. - In the first half of 2023, the company produced 7.87 million tons of iron, 9.18 million tons of steel, and 5.91 million tons of materials, with year-on-year changes of 4.68%, 1.67%, and -13.09% respectively[34]. - The company successfully developed 17 new products in the first half of the year, increasing the proportion of specialty steel by 15.3 percentage points[36]. Environmental Initiatives - The company has established over 90 large-scale water treatment facilities, achieving an industrial water recycling rate of over 98.3%[33]. - The company has implemented advanced environmental projects, effectively processing waste slag and steel slag, generating significant economic benefits[33]. - The company is committed to green development, actively promoting sustainable practices and innovative environmental technologies[32]. - The company has completed several environmental upgrades, including the desulfurization and denitrification of the 1 360 sintering flue gas, significantly improving site conditions[60]. - The company has established a closed-loop system for water usage, ensuring all process water is recycled[60]. Research and Development - Research and development expenses increased by 22.03% to approximately CNY 643.73 million, reflecting a focus on innovation and product development[39]. - The company has received 71 authorized patents in the first half of the year, including 18 invention patents, enhancing its innovation capabilities[36]. - The company is focusing on R&D investments to transition towards high-end products in response to changing steel consumption patterns[27]. Financial Stability and Shareholder Information - The company reported a total of 41,458 common stock shareholders as of the end of the reporting period[83]. - The largest shareholder, Liu Steel Group Co., Ltd., holds 1,910,963,595 shares, representing 74.57% of the total shares[85]. - The company has maintained a consistent shareholder structure with no changes in controlling shareholders or actual controllers[88]. - The report indicates that there are no overdue bonds or new bond issuance during the reporting period, ensuring financial stability[92]. Compliance and Governance - The company has committed to ensuring the independence of its listed subsidiary, including maintaining independent assets and financial management, as per the commitments made in November 2020[72]. - The company has not reported any non-operating fund occupation by controlling shareholders or related parties during the reporting period[74]. - The company has reiterated its commitment to comply with the regulations set by the China Securities Regulatory Commission regarding related transactions[73]. Market Position - The company ranks 170th in the 2023 Fortune China 500 and 11th among listed steel companies in China[28]. - The company has a strong market share in southern and eastern China for container steel plates, indicating its competitive position in the industry[30]. - The company exports products to countries including Vietnam, Malaysia, the UAE, and Brazil, expanding its international market presence[30].

柳州钢铁股份有限公司 2023 年半年度经营情况公告 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。 柳州钢铁股份有限公司（以下简称"公司"）根据上海证券交易所《上市公司行业 信息披露指引第七号——钢铁》的要求，现将公司2023年半年度主要经营数据披露如下： 证券代码：601003 证券简称：柳钢股份 公告编号：2023-027 特此公告。 柳州钢铁股份有限公司董事会 2023 年 8 月 26 日 1 | | 钢材产品 | 中型材 | 中板材 | 小型材 | 冷轧钢带 | 热轧钢带 | | --- | --- | --- | --- | --- | --- | --- | | 2023 年 | 产量（万吨） | - | 84.01 | 319.85 | 89.26 | 98.02 | | | 销量（万吨） | - | 84.50 | 321.23 | 89.43 | 98.51 | | 上半年 | 销售收入（亿元） | - | 33.39 | 114.34 | 37.12 | 36.10 | | | 平均单价（元/吨） ...

证券代码：601003 证券简称：柳钢股份 公告编号：2023-028 柳州钢铁股份有限公司 第八届董事会第二十次会议决议公告 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法律责任。 一、董事会会议召开情况 柳州钢铁股份有限公司（以下简称"公司"）第八届董事会第二十次会议通 知于2023年8月14日以电子邮件的方式送达各位董事，于2023年8月25日以通讯方 式召开。应到会董事9人，实到9人。本次会议由董事长卢春宁先生主持。公司监 事及高管列席会议。会议符合《公司法》和《公司章程》的有关规定，会议合法 、有效。 二、董事会会议审议情况 附件： 李颖女士简历 李颖，女，1987 年生，中国国籍，硕士研究生学历，经济师、会计师职称。 已取得上海证券交易所颁发的董事会秘书资格证书。2011 年 8 月至今就职于公 司证券部、办公室，现任公司办公室证券业务室副主任业务师、证券事务代表。 （一）以 9 票同意，0 票反对，0 票弃权，审议通过 2023 年半年度报告及其 摘要 详见同日于上海证券交易所网站（www.sse.com.cn）披露的《 ...

会议召开时间：2023 年 06 月 08 日(星期四) 上午 10:00-11:00 证券代码：601003 证券简称：柳钢股份 公告编号：2023-024 柳州钢铁股份有限公司 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法律责任。 重要内容提示： 会议召开地点：上海证券交易所上证路演中心（网址： https://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 06 月 01 日(星期四) 至 06 月 07 日(星期 三)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 liscl@163.com 进行提问。公司将在说明会上对投资者 普遍关注的问题进行回答。 柳州钢铁股份有限公司（以下简称"公司"）已于 2023 年 4 月 28 日发布公司 2022 年年度报告及 2023 年第一季度报告，为便于广 大投资者更全面深入地了解公司2022年度及2023 年第一季度经营成 果、 ...

[Report Overview](index=1&type=section&id=%E6%8A%A5%E5%91%8A%E6%A6%82%E8%A7%88) [Important Content Notice](index=1&type=section&id=%E9%87%8D%E8%A6%81%E5%86%85%E5%AE%B9%E6%8F%90%E7%A4%BA) The company's board, supervisory board, and senior management guarantee the truthfulness, accuracy, and completeness of this quarterly report, with financial statements unaudited - The company's board of directors, supervisory board, and senior management guarantee the truthfulness, accuracy, and completeness of the quarterly report content, free from false records, misleading statements, or major omissions[3](index=3&type=chunk) - The company's head, chief accountant, and head of the accounting department guarantee the truthfulness, accuracy, and completeness of the financial information in the quarterly report[4](index=4&type=chunk) - The first quarter financial statements are unaudited[5](index=5&type=chunk) [Key Financial Data](index=1&type=section&id=%E4%B8%80%E3%80%81%20%E4%B8%BB%E8%A6%81%E8%B4%A2%E5%8A%A1%E6%95%B0%E6%8D%AE) [Key Accounting Data and Financial Indicators](index=1&type=section&id=%E4%B8%80%E3%80%81%20%E4%B8%BB%E8%A6%81%E8%B4%A2%E5%8A%A1%E6%95%B0%E6%8D%AE%20(%E4%B8%80)%E4%B8%BB%E8%A6%81%E4%BC%9A%E8%AE%A1%E6%95%B0%E6%8D%AE%E5%92%8C%E8%B4%A2%E5%8A%A1%E6%8C%87%E6%A0%87) In Q1 2023, revenue decreased by 25.25% year-over-year, but net profit attributable to shareholders and non-recurring net profit turned positive, while operating cash flow significantly declined by 88.45% 2023 Q1 Key Accounting Data and Financial Indicators | Item | Current Period (CNY) | YoY Change (%) | | :--- | :--- | :--- | | Operating Revenue | 17,164,681,585.71 | -25.25 | | Net Profit Attributable to Shareholders | 268,630,961.95 | N/A | | Net Profit Attributable to Shareholders After Non-recurring Items | 161,403,591.18 | N/A | | Net Cash Flow from Operating Activities | 11,095,082.39 | -88.45 | | Basic Earnings Per Share (CNY/share) | 0.10 | N/A | | Diluted Earnings Per Share (CNY/share) | 0.10 | N/A | | Weighted Average Return on Net Assets (%) | 2.70 | N/A | | **Item** | **End of Current Period (CNY)** | **End of Prior Year (CNY)** | **Change from Prior Year-End (%)** | | Total Assets | 74,631,395,552.88 | 71,412,255,338.10 | 4.51 | | Owners' Equity Attributable to Shareholders | 10,081,744,756.66 | 9,814,684,776.71 | 2.72 | [Non-recurring Gains and Losses Items and Amounts](index=2&type=section&id=%E4%B8%80%E3%80%81%20%E4%B8%BB%E8%A6%81%E8%B4%A2%E5%8A%A1%E6%95%B0%E6%8D%AE%20(%E4%BA%8C)%E9%9D%9E%E7%BB%8F%E5%B8%B8%E6%80%A7%E6%8D%9F%E7%9B%8A%E9%A1%B9%E7%9B%AE%E5%92%8C%E9%87%91%E9%A2%9D) Total non-recurring gains and losses for the period amounted to **107.23 million CNY**, primarily from government subsidies and other non-operating income/expenses, net of tax and minority interest impacts 2023 Q1 Non-recurring Gains and Losses Items and Amounts | Item | Current Period Amount (CNY) | | :--- | :--- | | Government subsidies recognized in current profit or loss | 193,858,430.20 | | Other non-operating income and expenses apart from the above | 2,670,608.18 | | Less: Income tax impact | 29,479,355.76 | | Minority interest impact (after tax) | 59,822,311.85 | | **Total** | **107,227,370.77** | [Changes and Reasons for Key Accounting Data and Financial Indicators](index=3&type=section&id=%E4%B8%80%E3%80%81%20%E4%B8%BB%E8%A6%81%E8%B4%A2%E5%8A%A1%E6%95%B0%E6%8D%AE%20(%E4%B8%89)%E4%B8%BB%E8%A6%81%E4%BC%9A%E8%AE%A1%E6%95%B0%E6%8D%AE%E3%80%81%E8%B4%A2%E5%8A%A1%E6%8C%87%E6%A0%87%E5%8F%91%E7%94%9F%E5%8F%98%E5%8A%A8%E7%9A%84%E6%83%85%E5%86%B5%E3%80%81%E5%8E%9F%E5%9B%A0) Operating revenue decreased by 25.25% due to lower sales volume and prices, while net profits and EPS turned positive due to reduced operating costs, and operating cash flow significantly declined by 88.45% from decreased sales revenue Changes and Reasons for Key Accounting Data and Financial Indicators | Item Name | Change (%) | Primary Reason | | :--- | :--- | :--- | | Operating Revenue | -25.25 | Primarily due to a year-over-year decrease in sales volume and prices | | Net Profit Attributable to Shareholders Before Non-recurring Items | N/A | Primarily due to a decrease in operating costs | | Net Profit Attributable to Shareholders After Non-recurring Items | N/A | Primarily due to a decrease in operating costs | | Net Cash Flow from Operating Activities | -88.45 | Primarily due to a decrease in sales revenue | | Basic Earnings Per Share | N/A | Primarily due to a decrease in operating costs | | Diluted Earnings Per Share | N/A | Primarily due to a decrease in operating costs | [Shareholder Information](index=3&type=section&id=%E4%BA%8C%E3%80%81%20%E8%82%A1%E4%B8%9C%E4%BF%A1%E6%81%AF) [Total Number of Common Shareholders and Top Ten Shareholders' Holdings](index=3&type=section&id=%E4%BA%8C%E3%80%81%20%E8%82%A1%E4%B8%9C%E4%BF%A1%E6%81%AF%20(%E4%B8%80)%E6%99%AE%E9%80%9A%E8%82%A1%E8%82%A1%E4%B8%9C%E6%80%BB%E6%95%B0%E5%92%8C%E8%A1%A8%E5%86%B3%E6%9D%83%E6%81%A2%E5%A4%8D%E7%9A%84%E4%BC%98%E5%85%88%E8%82%A1%E8%82%A1%E4%B8%9C%E6%95%B0%E9%87%8F%E5%8F%8A%E5%89%8D%E5%8D%81%E5%90%8D%E8%82%A1%E4%B8%9C%E6%8C%81%E8%82%A1%E6%83%85%E5%86%B5%E8%A1%A8) As of the reporting period end, the company had **42,493 common shareholders**, with Guangxi Liuzhou Iron and Steel Group Co., Ltd. as the controlling shareholder holding **74.57%**, and director Wang Wenhui holding **8.08%**, mostly pledged - The total number of common shareholders at the end of the reporting period was **42,493**[11](index=11&type=chunk) Top 10 Shareholders' Holdings (Selected) | Shareholder Name | Shareholder Nature | Number of Shares Held | Shareholding (%) | Pledged, Marked, or Frozen Status (Shares/Amount) | | :--- | :--- | :--- | :--- | :--- | | Guangxi Liuzhou Iron and Steel Group Co., Ltd. | State-owned Legal Entity | 1,910,963,595 | 74.57 | None | | Wang Wenhui | Domestic Natural Person | 207,006,488 | 8.08 | Pledged 203,469,540 | - Guangxi Liuzhou Iron and Steel Group Co., Ltd. is the company's controlling shareholder, and Wang Wenhui is a company director[12](index=12&type=chunk) [Other Reminders](index=5&type=section&id=%E4%B8%89%E3%80%81%E5%85%B6%E4%BB%96%E6%8F%90%E9%86%92%E4%BA%8B%E9%A1%B9) [Other Important Information Regarding the Company's Operating Performance During the Reporting Period Requiring Investor Attention](index=5&type=section&id=%E4%B8%89%E3%80%81%E5%85%B6%E4%BB%96%E6%8F%90%E9%86%92%E4%BA%8B%E9%A1%B9%20%E9%9C%80%E6%8F%90%E9%86%92%E6%8A%95%E8%B5%84%E8%80%85%E5%85%B3%E6%B3%A8%E7%9A%84%E5%85%B3%E4%BA%8E%E5%85%AC%E5%8F%B8%E6%8A%A5%E5%91%8A%E6%9C%9F%E7%BB%8F%E8%90%A5%E6%83%85%E5%86%B5%E7%9A%84%E5%85%B6%E4%BB%96%E9%87%8D%E8%A6%81%E4%BF%A1%E6%81%AF) The company has not disclosed any other significant operating information for the reporting period that requires investor attention - The company states there is no other important operating information for the reporting period requiring investor attention[13](index=13&type=chunk) [Quarterly Financial Statements](index=5&type=section&id=%E5%9B%9B%E3%80%81%E5%AD%A3%E5%BA%A6%E8%B4%A2%E5%8A%A1%E6%8A%A5%E8%A1%A8) [Type of Audit Opinion](index=5&type=section&id=%E5%9B%9B%E3%80%81%E5%AD%A3%E5%BA%A6%E8%B4%A2%E5%8A%A1%E6%8A%A5%E8%A1%A8%20(%E4%B8%80)%E5%AE%A1%E8%AE%A1%E6%84%8F%E8%A7%81%E7%B1%BB%E5%9E%8B) This quarterly financial statement has not been audited - This quarterly financial statement is unaudited[13](index=13&type=chunk) [Consolidated Financial Statements](index=5&type=section&id=%E5%90%88%E5%B9%B6%E8%B4%A2%E5%8A%A1%E6%8A%A5%E8%A1%A8) This section presents the company's consolidated balance sheet, income statement, and cash flow statement, reflecting its overall financial position, operating results, and cash flow [Consolidated Balance Sheet](index=5&type=section&id=%E5%90%88%E5%B9%B6%E8%B5%84%E4%BA%A7%E8%B4%9F%E5%80%BA%E8%A1%A8) As of March 31, 2023, total assets increased by **4.51%** to **74.63 billion CNY** from year-end 2022, with current assets up **13.97%**, total liabilities up **6.05%**, and owners' equity up **1.17%** Consolidated Balance Sheet Key Data (March 31, 2023 vs December 31, 2022) | Item | March 31, 2023 (CNY) | December 31, 2022 (CNY) | Change (%) | | :--- | :--- | :--- | :--- | | Total Assets | 74,631,395,552.88 | 71,412,255,338.10 | 4.51 | | Total Current Assets | 26,560,709,863.29 | 23,304,846,310.46 | 13.97 | | Total Non-current Assets | 48,070,685,689.59 | 48,107,409,027.64 | -0.08 | | Total Liabilities | 51,804,474,157.55 | 48,849,797,486.73 | 6.05 | | Total Owners' Equity | 22,826,921,395.33 | 22,562,457,851.37 | 1.17 | - Cash and cash equivalents decreased from **8.76 billion CNY** to **7.78 billion CNY**, while notes receivable, prepayments, and inventories significantly increased[13](index=13&type=chunk) - Long-term borrowings increased from **20.36 billion CNY** to **22.27 billion CNY**, and accounts payable increased from **10.79 billion CNY** to **11.89 billion CNY**[14](index=14&type=chunk) [Consolidated Income Statement](index=7&type=section&id=%E5%90%88%E5%B9%B6%E5%88%A9%E6%B6%A6%E8%A1%A8) In Q1 2023, total operating revenue decreased by **25.25%** year-over-year, but effective cost control led to an operating profit of **263.16 million CNY** and a net profit of **265.83 million CNY**, reversing the prior year's loss, with net profit attributable to parent company shareholders at **268.63 million CNY** and basic EPS of **0.10 CNY/share** Consolidated Income Statement Key Data (2023 Q1 vs 2022 Q1) | Item | 2023 Q1 (CNY) | 2022 Q1 (CNY) | Change (%) | | :--- | :--- | :--- | :--- | | Total Operating Revenue | 17,164,681,585.71 | 22,962,471,797.25 | -25.25 | | Total Operating Costs | 17,100,030,443.78 | 23,746,223,982.90 | -27.99 | | Operating Profit | 263,159,594.96 | -775,901,640.00 | Turned Loss into Profit | | Total Profit | 265,830,203.14 | -787,089,808.80 | Turned Loss into Profit | | Net Profit | 265,830,203.14 | -787,089,808.80 | Turned Loss into Profit | | Net Profit Attributable to Parent Company Shareholders | 268,630,961.95 | -511,807,156.46 | Turned Loss into Profit | | Basic Earnings Per Share (CNY/share) | 0.10 | -0.20 | Turned Loss into Profit | - Other income significantly increased from **7.86 million CNY** to **198 million CNY**[18](index=18&type=chunk) - Selling expenses, administrative expenses, and research and development expenses all decreased year-over-year[17](index=17&type=chunk) [Consolidated Cash Flow Statement](index=9&type=section&id=%E5%90%88%E5%B9%B6%E7%8E%B0%E9%87%91%E6%B5%81%E9%87%8F%E8%A1%A8) In Q1 2023, net cash flow from operating activities significantly decreased by **88.45%** to **11.10 million CNY** due to reduced sales, while investment cash outflows substantially increased, and net cash from financing activities remained positive despite a decrease, leading to a negative net increase in cash and cash equivalents and a lower period-end balance Consolidated Cash Flow Statement Key Data (2023 Q1 vs 2022 Q1) | Item | 2023 Q1 (CNY) | 2022 Q1 (CNY) | Change (%) | | :--- | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | 11,095,082.39 | 96,045,516.47 | -88.45 | | Net Cash Flow from Investing Activities | -1,015,643,635.40 | -168,013,589.33 | -504.54 | | Net Cash Flow from Financing Activities | 228,273,305.85 | 2,012,033,013.02 | -88.64 | | Net Increase in Cash and Cash Equivalents | -776,047,741.41 | 1,940,748,981.90 | Shifted from Positive to Negative | | Cash and Cash Equivalents at Period End | 7,757,619,532.64 | 5,963,047,781.64 | 30.09 | - Cash paid for the acquisition of fixed assets, intangible assets, and other long-term assets significantly increased from **168 million CNY** to **1.02 billion CNY**[19](index=19&type=chunk) - Cash received from borrowings decreased from **6.12 billion CNY** to **3.55 billion CNY**[20](index=20&type=chunk) [Parent Company Financial Statements](index=10&type=section&id=%E6%AF%8D%E5%85%AC%E5%8F%B8%E8%B4%A2%E5%8A%A1%E6%8A%A5%E8%A1%A8) This section presents the parent company's balance sheet, income statement, and cash flow statement, reflecting its independent financial position, operating results, and cash flow [Parent Company Balance Sheet](index=10&type=section&id=%E6%AF%8D%E5%85%AC%E5%8F%B8%E8%B5%84%E4%BA%A7%E8%B4%9F%E5%80%BA%E8%A1%A8) As of March 31, 2023, the parent company's total assets increased by **5.67%** to **39.51 billion CNY** from year-end 2022, with current assets up **13.04%**, total liabilities up **6.79%**, and owners' equity up **2.66%** Parent Company Balance Sheet Key Data (March 31, 2023 vs December 31, 2022) | Item | March 31, 2023 (CNY) | December 31, 2022 (CNY) | Change (%) | | :--- | :--- | :--- | :--- | | Total Assets | 39,505,822,595.37 | 37,384,069,106.33 | 5.67 | | Total Current Assets | 19,109,076,520.53 | 16,904,669,703.42 | 13.04 | | Total Non-current Assets | 20,396,746,074.84 | 20,479,399,402.91 | -0.40 | | Total Liabilities | 29,117,714,682.11 | 27,265,217,862.36 | 6.79 | | Total Owners' Equity | 10,388,107,913.26 | 10,118,851,243.97 | 2.66 | - Cash and cash equivalents decreased from **8.19 billion CNY** to **7.10 billion CNY**, while notes receivable, prepayments, and inventories significantly increased[21](index=21&type=chunk) - Short-term borrowings increased from **1.29 billion CNY** to **1.80 billion CNY**, and accounts payable increased from **4.67 billion CNY** to **6.12 billion CNY**[22](index=22&type=chunk) [Parent Company Income Statement](index=12&type=section&id=%E6%AF%8D%E5%85%AC%E5%8F%B8%E5%88%A9%E6%B6%A6%E8%A1%A8) In Q1 2023, the parent company's operating revenue decreased by **4.93%** year-over-year, but effective cost control and increased non-operating income led to a net profit of **271.00 million CNY**, reversing the prior year's loss Parent Company Income Statement Key Data (2023 Q1 vs 2022 Q1) | Item | 2023 Q1 (CNY) | 2022 Q1 (CNY) | Change (%) | | :--- | :--- | :--- | :--- | | Operating Revenue | 12,460,112,246.56 | 13,106,682,164.19 | -4.93 | | Operating Profit | 270,003,790.24 | -285,263,819.78 | Turned Loss into Profit | | Total Profit | 271,000,516.62 | -300,036,283.78 | Turned Loss into Profit | | Net Profit | 271,000,516.62 | -300,036,283.78 | Turned Loss into Profit | - Other income significantly increased from **6.70 million CNY** to **70.03 million CNY**[25](index=25&type=chunk) - Selling expenses, administrative expenses, and research and development expenses all decreased year-over-year[24](index=24&type=chunk) [Parent Company Cash Flow Statement](index=13&type=section&id=%E6%AF%8D%E5%85%AC%E5%8F%B8%E7%8E%B0%E9%87%91%E6%B5%81%E9%87%8F%E8%A1%A8) In Q1 2023, the parent company's net cash flow from operating activities shifted from positive to negative, reaching **-1.06 billion CNY**, while investment cash outflows increased, and net cash from financing activities remained positive despite a decrease, resulting in a negative net increase in cash and cash equivalents and a lower period-end balance Parent Company Cash Flow Statement Key Data (2023 Q1 vs 2022 Q1) | Item | 2023 Q1 (CNY) | 2022 Q1 (CNY) | Change (%) | | :--- | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | -1,056,521,618.19 | 251,343,450.92 | Shifted from Positive to Negative | | Net Cash Flow from Investing Activities | -143,024,678.12 | -29,660,432.82 | -382.21 | | Net Cash Flow from Financing Activities | 321,512,053.92 | 1,414,053,559.38 | -77.29 | | Net Increase in Cash and Cash Equivalents | -877,747,263.27 | 1,636,078,327.61 | Shifted from Positive to Negative | | Cash and Cash Equivalents at Period End | 7,085,315,938.03 | 5,130,096,499.18 | 38.11 | - Cash received from sales of goods and provision of services increased by **14.00%** year-over-year[27](index=27&type=chunk) - Cash paid for other operating activities significantly increased from **118 million CNY** to **1.11 billion CNY**[27](index=27&type=chunk) [Accounting Standard Adjustments](index=15&type=section&id=%E4%BC%9A%E8%AE%A1%E5%87%86%E5%88%99%E8%B0%83%E6%95%B4) [First-time Adoption of New Accounting Standards or Interpretations](index=15&type=section&id=%E5%9B%9B%E3%80%81%E5%AD%A3%E5%BA%A6%E8%B4%A2%E5%8A%A1%E6%8A%A5%E8%A1%A8%20(%E4%B8%89)2023%20%E5%B9%B4%E8%B5%B7%E9%A6%96%E6%AC%A1%E6%89%A7%E8%A1%8C%E6%96%B0%E4%BC%9A%E8%AE%A1%E5%87%86%E5%88%99%E6%88%96%E5%87%86%E5%88%99%E8%A7%A3%E9%87%8A%E7%AD%89%E6%B6%89%E5%8F%8A%E8%B0%83%E6%95%B4%E9%A6%96%E6%AC%A1%E6%89%A7%E8%A1%8C%E5%BD%93%E5%B9%B4%E5%B9%B4%E5%88%9D%E7%9A%84%E8%B4%A2%E5%8A%A1%E6%8A%A5%E8%A1%A8) The company states that the first-time adoption of new accounting standards or interpretations from 2023 did not require adjustments to the financial statements at the beginning of the first year of adoption - The first-time adoption of new accounting standards or interpretations from 2023 did not involve adjustments to the financial statements at the beginning of the first year of adoption[28](index=28&type=chunk)