证券代码：601003 证券简称：柳钢股份 公告编号：2025-038 柳州钢铁股份有限公司 第九届董事会第十三次会议决议公告 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 1 柳州钢铁股份有限公司（以下简称"公司"）第九届董事会第十三次会议于 2025年8月25日在公司会议室以现场结合通讯表决的方式召开。会议通知于2025 年8月21日以电子邮件的方式送达各位董事。会议应出席董事9人，实际出席董事9 人。本次会议由董事长卢春宁先生主持，公司高级管理人员列席本次会议。本次 会议的召开符合《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 （一）以 9 票同意，0 票反对，0 票弃权，审议通过 2025 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《柳钢股份 2025 年半年度报告》及《柳钢股份 2025 年半年度报告摘要》。 本议案已经公司董事会审计委员会审议通过。 （二）以 9 票同意，0 票反对，0 票弃权，审议通过关于公司及控 ...

柳州钢铁股份有限公司 2025 年半年度报告 重要提示 一、 本公司董事会及董事、高级管理人员保证半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。 公司代码：601003 公司简称：柳钢股份 柳州钢铁股份有限公司 2025 年半年度报告 1 / 150 柳州钢铁股份有限公司 2025 年半年度报告 三、 本半年度报告未经审计。 四、 公司负责人卢春宁、主管会计工作负责人石柳元及会计机构负责人（会计主管人员）石柳元 声明：保证半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 无 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告中所涉及的未来计划、发展战略等前瞻性描述不构成公司对投资者的实质承诺，敬请投资 者注意投资风险。 七、 是否存在被控股股东及其他关联方非经营性占用资金情况 否 八、 是否存在违反规定决策程序对外提供担保的情况 否 九、 是否存在半数以上董事无法保证公司所披露半年度报告的真实性、准确性和完整性 否 十、 重大风险提示 公司已在本报告中详细 ...

柳钢股份公告，2025年上半年营业收入346.75亿元，同比下降8.32%。净利润3.68亿元，同比增长 579.54%。基本每股收益0.14元／股，同比增长600.00%。 ...

证券代码：601003 证券简称：柳钢股份 公告编号：2025-037 暨举办投资者开放日活动的公告 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/） 会议召开方式：上证路演中心网络互动 投资者可于 2025 年 9 月 3 日 （星期三） 至 9 月 9 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"）将于 2025 年 8 月 27 日发布公司 2025 年半年度报告，为便于广大投资者更全面深入地 了解公司 2025 年半年度经营成果、财务状况，公司计划于 2025 年 9 会议召开时间：2025 年 9 月 10 日 （星期三）上午 9:00-10:00 会议召开地点：上海证券交易所上证路演中心（网址： 柳州钢铁股份有限公司 关于召开 2025 年半年度业绩说明会 董事长： ...

Group 1 - The core viewpoint of the article indicates that the steel sector experienced a slight increase, with the overall index showing mixed results on the trading day [1] - The Shanghai Composite Index closed at 3771.1, up by 0.13%, while the Shenzhen Component Index closed at 11919.76, down by 0.06% [1] - The steel sector saw a net inflow of main funds amounting to 5.53 billion yuan, while retail investors experienced a net outflow of 2.0 billion yuan [3] Group 2 - Hangzhou Iron & Steel Co., Ltd. led the gains in the steel sector with a closing price of 9.80, reflecting an increase of 3.48% [1] - Other notable performers included Nanjing Steel Co., Ltd. with a 1.69% increase and Baotou Steel Co., Ltd. with a 1.52% increase [1] - The trading volume for Hangzhou Iron & Steel was 2.17 million hands, with a transaction value of 2.08 billion yuan [1]

Investment Rating - The industry investment rating is maintained as "Buy" for key stocks in the steel sector [6]. Core Insights - The steel industry is entering a golden period in the capital market, characterized by capital surplus during the industrialization maturity phase. This phase is expected to enhance market valuations and profitability for leading companies [2][4]. - The report highlights a significant increase in profits for the black metal smelting and rolling industry, reaching 46.28 billion yuan, a year-on-year increase of 1370%, marking the highest growth rate among all industrial categories [2]. - The report emphasizes the importance of supply-side policies, particularly the "anti-involution" policy, which is expected to accelerate the reduction of excess supply and improve industry profitability [2][4]. Supply Analysis - Daily average pig iron production slightly increased to 2.407 million tons, with a marginal rise in long-process production [12]. - The capacity utilization rate for 247 sample steel mills is reported at 90.2%, reflecting a 0.2 percentage point increase from the previous period [18]. - The total inventory of five major steel products continues to accumulate, with a week-on-week increase of 3.0% [25]. Demand Analysis - Apparent consumption of five major steel products decreased by 1.7% week-on-week, indicating a seasonal decline in rebar demand, while hot-rolled demand showed improvement [41][52]. - The average weekly transaction volume for construction steel was 102,000 tons, down 1.1% from the previous week [43]. Price and Profit Analysis - The comprehensive steel price index increased slightly by 0.1% week-on-week, with the current index at 126.2 [72]. - The immediate gross profit margins for long-process rebar and hot-rolled products are reported as negative, indicating cost pressures despite slight price increases [72][74]. Key Stocks - Recommended stocks include: - Xinguang Steel (600782.SH) - Buy - Nanjing Steel (600282.SH) - Buy - Hualing Steel (000932.SZ) - Buy - Baosteel (600019.SH) - Buy - Jiuli Special Materials (002318.SZ) - Buy - Liugang (601003.SH) - Buy - Yongjin (603995.SH) - Buy - Changbao (002478.SZ) - Buy [9].

Investment Rating - The industry investment rating is "Maintain Buy" [6] Core Viewpoints - In July, crude steel production decreased by 4.0% year-on-year, with a daily average production drop of 7.3% month-on-month, indicating a continuous decline in production intensity among steel mills. However, the reliability of this data is questionable, as the profitability of the black metal smelting and rolling industry has significantly improved, reaching 46.28 billion yuan, a year-on-year increase of 1370% [2] - Strong growth in both domestic and foreign demand was observed, with net steel exports from January to July reaching 64.51 million tons, a year-on-year increase of 13.0%. The contribution of exports to the economy is estimated at 220 billion USD, or approximately 1.6 trillion yuan, contributing about 2% to economic growth [3] - If the "anti-involution" policy is effectively implemented in the second half of the year, it is expected to accelerate the industry's return to profitability. The report recommends several companies that are undervalued and have strong safety margins, including Hualing Steel, Nanjing Steel, Baosteel, and others [4] Summary by Sections Production Data - In July, crude steel production was 79.66 million tons, down 4.0% year-on-year, with a daily average of 2.57 million tons, a month-on-month decrease of 7.3%. From January to July, crude steel production totaled 594.47 million tons, down 3.1% year-on-year [8] - In July, pig iron production was 70.80 million tons, down 1.4% year-on-year, while steel production was 122.95 million tons, up 6.4% year-on-year [8] Export and Import Data - In July, steel exports reached 9.84 million tons, a year-on-year increase of 25.7%, while imports were 452,000 tons, down 10.5% year-on-year. From January to July, steel imports totaled 3.48 million tons, down 15.7% year-on-year [8] Investment Recommendations - The report recommends buying stocks of companies such as Hualing Steel, Nanjing Steel, Baosteel, and others, which are expected to benefit from various economic recovery measures and industry trends [4][9]

Group 1 - Guangxi's foreign trade maintained a strong growth momentum in the first half of the year, with total imports and exports reaching 387.15 billion yuan, a year-on-year increase of 13%, outpacing the national growth rate by 10.1 percentage points [1] - The development of export-oriented industries has reached a new level, with significant support from supply chain service platforms, leading to exports of electromechanical products and labor-intensive products growing by 29.4% and 4.5% respectively [1] - The import of bulk commodities amounted to 90.23 billion yuan, an increase of 2.4%, accounting for 59.2% of Guangxi's total imports during the same period [1] Group 2 - The performance of production-oriented enterprises in foreign trade was notable, with imports and exports totaling 129.94 billion yuan, a growth of 16.5%, exceeding the overall foreign trade growth rate by 3.5 percentage points [2] - Industries such as non-ferrous metals, equipment manufacturing, paper making, and agricultural products processing saw import and export growth rates exceeding 20% [2] - The optimization of the business environment has invigorated foreign trade, with measures such as simplified export tax refund processes significantly reducing approval times to an average of one working day [2] Group 3 - In the first half of the year, Guangxi's trade with ASEAN reached 206.08 billion yuan, a growth of 11.9%, accounting for 53.2% of Guangxi's total foreign trade [3] - Trade with Vietnam specifically amounted to 149.88 billion yuan, increasing by 4.3% [3] - Border small-scale trade and border residents' mutual market trade reached 43.78 billion yuan and 12.3 billion yuan respectively [3]

Group 1 - Guangxi's foreign trade maintained a growth momentum in the first half of the year, with total imports and exports reaching 387.15 billion yuan, a year-on-year increase of 13%, surpassing the national growth rate by 10.1 percentage points [1] - The development of export-oriented industries has reached a new level, with significant support from supply chain service platforms, leading to exports of mechanical and labor-intensive products of 139.13 billion yuan and 38.07 billion yuan, respectively, growing by 29.4% and 4.5% [1] - The import of bulk commodities was 90.23 billion yuan, an increase of 2.4%, accounting for 59.2% of Guangxi's total imports during the same period [1] Group 2 - The performance of production-oriented enterprises in imports and exports was notable, with a total of 129.94 billion yuan, a growth of 16.5%, exceeding the overall foreign trade growth rate by 3.5 percentage points [2] - The export and import growth rates for production-oriented enterprises reached 25.6% and 11.7%, respectively, with acceleration compared to the first quarter [2] - The optimization of the business environment has invigorated foreign trade, with measures such as simplified export tax refund processes and reduced approval times for tax refunds [2] Group 3 - Guangxi's trade with ASEAN reached 206.08 billion yuan, growing by 11.9%, accounting for 53.2% of Guangxi's total foreign trade [3] - Trade with Vietnam specifically amounted to 149.88 billion yuan, an increase of 4.3% [3] - Border small-scale trade and border residents' mutual market trade reached 43.78 billion yuan and 12.3 billion yuan, respectively [3]

Core Viewpoint - LiuGong Co., Ltd. is a significant steel production enterprise in Guangxi, with a focus on steel smelting, rolling, and related product sales, and is included in the 2025 mid-term report pre-increase concept sector [1] Group 1: Company Performance - As of August 15, 2025, LiuGong's stock price closed at 5.91 yuan, an increase of 0.04 yuan, representing a rise of 0.68% [1] - The trading volume on that day was 286,015 hands, with a transaction amount of 169 million yuan [1] - The current price-to-earnings ratio (P/E) is 14.54 times, and the price-to-book ratio (P/B) is 1.75 times [1] Group 2: Market Activity - On August 15, the net outflow of main funds was 13.08 million yuan, accounting for 0.09% of the circulating market value [1] - Over the past five trading days, the cumulative net outflow reached 81.37 million yuan, representing 0.54% of the circulating market value [1]