Deloitte. 基于执行的上述核查程序,我们认为,公司管理层编制的会计估计变更的说明在所有重大 方面符合《企业会计准则第28号 -- 会计政策、会计估计变更和差错更正》的要求,公允反映 公司自 2025年1月1日起相关机器设备折旧年限会计估计变更情况;同时,结合同行业可比 上市公司信息,公司的会计估计与同行业公司不存在重大差异。 德勒华永会计师 中国 2025年5月16日 德勤华永会计师事务所(特殊普通合伙)关于上海证券交易所 《关于北京金隅集团股份有限公司 2024年年度报告的信息披露监管问询函》的回复 德师报(函)字(25)第 Q00715 号 上海证券交易所上市公司管理一部: 我们于 2025年 4 月 25 日收到了北京金隅集团股份有限公司(以下简称"公司")转来的上 海证券交易所下发的《关于北京金隅集团股份有限公司 2024 年年度报告的信息披露监管问询 函》(上海证券交易所上证公函[202510425 号)(以下简称"问询函")。根据问询函的要求及公司 提供的相关说明,我们就问询函中涉及我们的相关问题开展了如下核查程序: WorldClass 智启非凡 获取公司相关机器设备预计使用年限变更的情 ...

广州第一太平戴维斯房地产与土地评估有限公司北京分公司（以下简称"我机 构"）接受委托，对北京金隅集团股份有限公司（以下简称"金隅集团"或"公司"）2024 年度 投资性物业评估工作，出具了编号为 BJ/2024/PV/63/SZ/GZ 的投资性房地产评估报告。 我们阅读了公司对相关问题的回复，并就相关问题进行了仔细核查，并就此说明, 具体如下： 1、投资性房地产概述 《关于北京金隅集团股份有限公司 2024 年年度报告信息披露监管工作函》 投资性房地产评估问题的说明 北京金隅集团股份有限公司： | 区域 | 可出租面积 (万平米) | 账面价值 (亿元) | 平均单价 (元/平米) | | --- | --- | --- | --- | | 北京 | 144.30 | 358.57 | 20,076.71 | | 天津 | 32.96 | 49.38 | 9.733.89 | | 合肥 | 12.60 | 23.85 | 18,928.57 | | 成都 | 6.26 | 9.01 | 14.392.97 | | 上海 | 1.70 | 5.11 | 28.388.89 | | 其他 | 1.69 | 4.5 ...

证券代码：601992 证券简称：金隅集团 编号： 临 2025－027 北京金隅集团股份有限公司 关于上海证券交易所《关于公司 2024 年年度报告的 信息披露监管问询函》的回复公告 本公司及董事会全体成员保证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、准确和完整承担个别及连带责任。 北京金隅集团股份有限公司（以下简称"本公司""公司""金隅 集团"）于近期收到上海证券交易所《关于北京金隅集团股份有限公司 2024 年年度报告的信息披露监管问询函》（上证公函【2025】0425 号） （以下简称《监管问询函》），根据相关规定，现将《监管问询函》相 关内容回复如下： 问题一：关于经营业绩 年报显示，公司 2024 年度实现营业收入 1,107.12 亿元，归母净利润 -5.55 亿元，扣非后归母净利润-28.59 亿元，经营活动产生的现金流量净 额-53.16 亿元。公司 2023 年度实现归母净利润 0.25 亿元，扣非后归母净 利润-20.28 亿元，经营活动产生的现金流量净额 71.41 亿元。按业务板块 划分，公司 2024 年度新型绿色建材板块实现主营业务收入 782.6 ...

北京金隅集团股份有限公司董事会审计委员会 护成本、设备能耗情况等，说明相关机器设备使用超过 15 年后形成 经济利益流入的情况是否发生重大变化；（4）补充披露固定资产减值 损失大幅增加的具体原因，并结合水泥行业整体情况、公司近年业绩 变化趋势等，说明公司会计估计变更事项是否审慎，是否存在调节利 润的情形；（5）结合同行业可比上市公司机器设备的折旧年限情况， 说明公司延长后的折旧年限是否符合行业惯例。请年审会计师发表意 见，并请审计委员会发表针对性意见。 【审计委员会意见】 审计委员会根据监管规则及《金隅集团董事会审计委员会议事规 则》，对会计估计变更及计提固定资产减值损失事项进行核查，包括 与管理层、公司相关部门进行访谈交流，检查公司计提固定资产减值 损失的依据及合理性；了解公司进行会计估计变更的原因、依据及履 行的相关决策程序；获取公司相关机器设备预计使用年限变更的情况 说明及所列举的同行业可比上市公司披露的机器设备的折旧年限等， 并与公司 2025 年 1 月 1 日起适用的机器设备折旧年限进行对比分析； 了解会计师事务所对于公司会计估计变更的审计、核查程序及意见。 综上所述，审计委员会认为公司变更后的折 ...

就上海证券交易所上市公司管理一部 《关于北京金隅集团股份有限公司 2024 年年度报告的信息披露监管问询函》 涉及财务报表项目问询意见的专项说明 上海证券交易所上市公司管理一部： 安永华明会计师事务所（特殊普通合伙）（以下简称"我们"）接受委托，审计了北京金 隅集团股份有限公司（以下简称"金隅集团"或"公司"）2024 年度按照企业会计准则编制 的财务报表，并于 2025 年 3 月 28 日出具了编号为安永华明（2025）审字第 70013360_A01 号的无保留意见审计报告。 按照企业会计准则的规定编制财务报表是公司管理层的责任。我们对金隅集团 2024 年 度的财务报表执行审计程序的目的，是对金隅集团的财务报表是否在所有重大方面按照企业 会计准则的规定编制，是否公允反映了金隅集团 2024 年 12 月 31 日的合并及公司财务状 况以及 2024 年度的合并及公司经营成果和现金流量发表审计意见，不是对上述财务报表中 的个别项目的金额或个别附注单独发表意见。 根据上海证券交易所上市公司管理一部（以下简称："贵部"）出具的《关于北京金隅集 团股份有限公司 2024 年年度报告的信息披露监管问询函》（上证 ...

Industry Overview - Cement is a powdery hydraulic inorganic binder material that hardens in air or water when mixed with water, binding materials like sand and stone together [1] - The cement industry consists of three stages: upstream raw material supply, midstream cement production, and downstream application in construction and infrastructure [2][5] - The midstream is the core of cement manufacturing, involving the processing of raw materials into clinker and then into cement [3] Industry Development History - The cement industry in China has evolved through several stages closely linked to national economic development, policy adjustments, and market demand changes [7] - Key stages include: 1. Initial exploration (1978-1984) 2. Transition from planned to market economy (1985-1995) 3. Elimination and upgrading (1996-2000) 4. Rapid development (2001-2010) 5. Supply-demand balance adjustment (2011-2021) 6. Seeking industrial upgrade breakthroughs (2022-present) [9] Industry Policy Background - Recent policies aim to address overcapacity and promote orderly development through measures like banning new capacity, eliminating outdated capacity, and promoting peak production [10] Current Industry Status - The cement industry in China has seen fluctuating revenue, with a peak of 1.01 trillion yuan in 2019, followed by a decline to 888.51 billion yuan in 2022 due to the pandemic [11] - Cement production has also declined, dropping to 21.18 billion tons in 2022 and projected to fall to 18.25 billion tons in 2024 [12] - Apparent cement consumption has decreased for three consecutive years, with a forecast of 18.2 billion tons in 2024, the lowest in a decade [15] - The downstream application structure shows that infrastructure construction accounts for the largest share of cement demand at 63%, followed by real estate at 22% and civil use at 15% [17] Competitive Landscape - The cement industry is characterized by regional concentration, with significant numbers of enterprises in central provinces like Hebei, Henan, and Hubei [19] - The overall concentration in the cement sector is low, with China National Building Material (CNBM) leading in production capacity at 518 million tons, followed by Anhui Conch at 395 million tons [20] Future Development Outlook - The cement industry faces a shrinking market due to weakened downstream demand linked to the real estate market and slowing infrastructure investment [24] - Future trends include capacity replacement and the adoption of smart technologies, with a focus on green mining practices [26]

Financial Performance - The company's operating revenue for Q1 2025 was CNY 16.87 billion, an increase of 31.42% compared to CNY 12.83 billion in the same period last year[4]. - The net profit attributable to shareholders was a loss of CNY 1.23 billion, an improvement of 5.65% from a loss of CNY 1.31 billion in the previous year[4]. - The company reported a total comprehensive loss of ¥2.15 billion in Q1 2025, compared to a loss of ¥2.09 billion in Q1 2024[19]. - Net profit for Q1 2025 reached CNY 334.79 million, a significant recovery from a net loss of CNY 29.85 million in Q1 2024[28]. - The company achieved an operating profit of CNY 435.24 million in Q1 2025, a turnaround from an operating loss of CNY 32.10 million in Q1 2024[28]. - The company reported a 31% increase in operating income, primarily driven by growth in the green building materials and real estate sectors[7]. Cash Flow and Liquidity - The net cash flow from operating activities was a negative CNY 5.43 billion, a decline of 10.39% compared to negative CNY 4.92 billion last year[4]. - Cash flow from operating activities showed a net outflow of ¥5.43 billion in Q1 2025, compared to a net outflow of ¥4.92 billion in Q1 2024[21]. - Cash flow from investing activities resulted in a net outflow of ¥2.09 billion in Q1 2025, compared to a net outflow of ¥1.24 billion in Q1 2024[22]. - Cash flow from financing activities generated a net inflow of ¥6.70 billion in Q1 2025, down from ¥7.60 billion in Q1 2024[22]. - The company's cash and cash equivalents decreased to RMB 17.22 billion from RMB 18.29 billion, a decline of about 5.8%[15]. - The ending cash and cash equivalents balance for Q1 2025 was ¥14.06 billion, down from ¥15.18 billion in Q1 2024[22]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 266.57 billion, reflecting a slight increase of 0.97% from CNY 263.99 billion at the end of the previous year[4]. - The total liabilities of the company were RMB 178.16 billion, compared to RMB 171.88 billion, representing an increase of approximately 3.8%[16]. - Total liabilities increased to CNY 94.15 billion as of March 31, 2025, up from CNY 89.43 billion at the end of 2024, marking an increase of approximately 5.5%[25]. - The company's current assets totaled RMB 136.17 billion, up from RMB 133.20 billion, indicating a growth of about 2.2%[15]. - The company's accounts receivable rose to RMB 12.19 billion, up from RMB 10.59 billion, marking an increase of approximately 15.2%[15]. - Total assets increased to CNY 160.15 billion as of March 31, 2025, up from CNY 156.87 billion at the end of 2024, representing a growth of approximately 2%[24]. Shareholder Information - The equity attributable to shareholders decreased by 4.36% to CNY 70.50 billion from CNY 73.72 billion at the end of the previous year[4]. - The company reported a total equity of RMB 88.41 billion, down from RMB 92.12 billion, reflecting a decrease of about 4.0%[16]. - The controlling shareholder, Beijing Guoguan, has increased its stake in the company by acquiring 35,308,366 shares for a total amount of RMB 46.08 million as of March 31, 2025[13]. - The total number of ordinary shareholders at the end of the reporting period was 110,647[11]. - The company plans to continue its share buyback program as part of its strategy to enhance shareholder value[12]. Expenses and Costs - Total operating costs increased to ¥19.36 billion in Q1 2025, up 26.0% from ¥15.36 billion in Q1 2024[18]. - Research and development expenses rose to ¥150.45 million in Q1 2025, up 13.5% from ¥133.09 million in Q1 2024[18]. - Research and development expenses increased to CNY 8.45 million in Q1 2025, compared to CNY 5.07 million in Q1 2024, reflecting a rise of approximately 66%[27]. - The company’s financial expenses in Q1 2025 were CNY 69.84 million, significantly reduced from CNY 138.40 million in Q1 2024, indicating a decrease of approximately 49.6%[27]. Tax and Regulatory - The company experienced a 1545% increase in business taxes and surcharges, mainly due to tax refunds related to land appreciation tax from real estate projects[7]. - Non-recurring gains and losses totaled CNY 298.72 million, after accounting for tax impacts and minority interests[8]. Strategic Initiatives - The company has optimized its asset allocation, resulting in a 43% increase in trading financial assets[7]. - The company has ongoing investments in new technologies and market expansion initiatives, although specific figures were not disclosed in the call[12]. - The company is focused on maintaining its financial stability while exploring potential mergers and acquisitions to drive growth[12].

《冀东水泥 2025 年第一季度报告》亦可参阅本公司在上海证券交易 所网站（www.sse.com.cn）披露的本公告附件。 特此公告。 证券代码：601992 证券简称：金隅集团 编号：临 2025－026 北京金隅集团股份有限公司 关于披露冀东水泥 2025 年第一季度报告的提示性公告 本公司董事会及全体董事保证本公告内容不存在虚假记载、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。 北京金隅集团股份有限公司（以下简称"本公司"）控股子公司唐 山冀东水泥股份有限公司（以下简称"冀东水泥"）于 2025 年 4 月 30 日在《中国证券报》和《证券时报》以及巨潮资讯网(www.cninfo.com.cn) 公布《冀东水泥 2025 年第一季度报告》。 北京金隅集团股份有限公司董事会 二〇二五年五月一日 1 ...

证券代码：601992 证券简称：金隅集团 编号：临 2025－025 北京金隅集团股份有限公司 第七届监事会第四次会议决议公告 本公司监事会及全体监事保证本公告内容不存在虚假记载、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。 北京金隅集团股份有限公司（以下简称"公司"或"金隅集团"） 于 2025 年 4 月 29 日以通讯表决的方式召开了公司第七届监事会第四次 会议，应出席本次会议的监事 6 名，实际出席会议的监事 6 名；公司董 事会秘书列席了本次会议。会议的召开符合《公司法》和公司《章程》 等规定。会议审议通过了以下议案： 一、关于公司 2025 年第一季度报告的议案 监事会根据《证券法》、公司股票上市地上市规则及公司《章程》 的规定，对公司 2025 年第一季度报告提出如下书面审核意见，与会监事 一致认为： （一）公司 2025 年第一季度报告的编制和审议程序符合法律法规、 公司《章程》和公司内部管理制度等规定； （二）公司 2025 年第一季度报告的内容及格式符合中国证券监督管 理委员会、上海证券交易所以及香港联合交易所有限公司的规定，所包 含的信息真实地反映了 ...

Financial Performance - The company reported a basic earnings per share of -0.1200 yuan for Q1 2025, unchanged from Q1 2024, but a decrease from -0.0300 yuan in Q1 2023 [1] - The net profit for Q1 2025 was -12.35 billion yuan, showing an improvement of 5.65% compared to -13.09 billion yuan in Q1 2024, but a decline from -3.32 billion yuan in Q1 2023 [1] - The operating revenue for Q1 2025 was 168.67 billion yuan, representing a 31.42% increase from 128.34 billion yuan in Q1 2024, but a decrease from 234.8 billion yuan in Q1 2023 [1] - The return on equity for Q1 2025 was -1.70%, an improvement from -1.82% in Q1 2024, but a decline from -0.52% in Q1 2023 [1] Shareholder Structure - The top ten unrestricted shareholders collectively hold 797198.15 million shares, accounting for 74.68% of the circulating shares, with a decrease of 3893.16 million shares from the previous period [1] - Beijing State-owned Capital Operation Management Co., Ltd. remains the largest shareholder with 483266.59 million shares, representing 45.28% of the total share capital, unchanged from the previous period [2] - HKSCC NOMINEES LIMITED holds 233876.49 million shares, accounting for 21.91%, also unchanged [2] - The Hong Kong Central Clearing Limited saw a decrease of 1090.86 million shares, now holding 8167.55 million shares, which is 0.77% of the total [2] - New entrant in the top ten shareholders is Harvest Fund - Agricultural Bank - Harvest CSI Financial Asset Management Plan, holding 2036.86 million shares, representing 0.19% [2] Dividend Policy - The company has decided not to distribute dividends or transfer shares in this reporting period [2]