本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 一、审议程序 中信泰富特钢集团股份有限公司（以下简称"公司"）第十届董 事会第二十次会议于 2025 年 8 月 19 日召开，以全票同意审议通过了 《2025 年半年度利润分配预案》。 证券代码：000708 证券简称：中信特钢 公告编号：2025-062 中信泰富特钢集团股份有限公司 2025年半年度利润分配预案 本次利润分配预案公告后至实施前，出现股权激励行权、可转债 转股、股份回购等股本总额发生变动情形时，公司拟维持每股分配比 例不变，相应调整分配总额。 该议案尚需提请公司股东会审议。 二、利润分配预案的基本情况 三、现金分红方案合理性说明 本次利润分配预案符合中国证监会《关于进一步落实上市公司现 金分红有关事项的通知》《上市公司监管指引第 3 号——上市公司现 金分红》《深圳证券交易所上市公司自律监管指引第 1 号——主板上 市公司规范运作》及《公司章程》等关于利润分配的相关规定，符合 公司确定的利润分配政策、利润分配计划、股东长期回报规划以及做 出的相关承诺，是基于公司 2025 年半年度经营状况、未 ...

证券之星消息，8月19日特钢板块较上一交易日上涨0.12%，翔楼新材领涨。当日上证指数报收于 3727.29，下跌0.02%。深证成指报收于11821.63，下跌0.12%。特钢板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 301160 | 翔楼新材 | 70.60 | 2.68% | 5.18万 | | 3.62亿 | | 002443 | 金洲管道 | 7.20 | 1.84% | 17.51万 | | 1.26亿 | | 600507 | 方大特钢 | 6.03 | 0.84% | 19.90万 | | 1.20亿 | | 300881 | 盛德整泰 | 36.94 | 0.65% | 2.26万 | | 8322.09万 | | 000708 | 中信特钢 | 12.55 | 0.56% | 19.55万 | | 2.46 Z | | 002478 | 常宝股份 | 5.55 | 0.54% | 9.28万 | | 5135.51万 | | 000 ...

证券之星消息，8月18日特钢板块较上一交易日下跌1.32%，方大特钢领跌。当日上证指数报收于 3728.03，上涨0.85%。深证成指报收于11835.57，上涨1.73%。特钢板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 300881 | 盛德登录 | 36.70 | 1.55% | 2.17万 | | 7891.53万 | | 603995 | 角金股份 | 18.29 | 0.83% | 12.72万 | | 2.33亿 | | 002318 | 久立特材 | 22.49 | 0.81% | 12.77万 | | 2.86亿 | | 665009 | 抚顺特钢 | 5.61 | 0.36% | 62.83万 | | 3.52亿 | | 600117 | 西宁特钢 | 3.63 | 0.28% | 120.21万 | | 4.36 Z | | 002478 | 常宝股份 | 5.52 | 0.18% | 14.31万 | | 7925.67万 | | ...

Group 1 - The Xinhua 500 Index (989001) closed at 4668.98 points on August 18, with an increase of 0.95% [1][4] - The index opened higher in the morning, experienced a slight pullback for gap filling, and then rose significantly before narrowing its gains in the afternoon [3] - The index reached a high of 4704.83 points and a low of 4625.92 points during the trading day, with a total trading volume of 893.2 billion yuan, which was an increase compared to the previous trading day [3] Group 2 - Notable gainers among constituent stocks included Mango Super Media, which rose by 16.98%, Junshi Biosciences by 12.05%, and Tonghuashun by 10.27%, with several stocks reaching approximately 10% limit up [3] - Conversely, stocks such as Bank of China Securities, Siyuan Electric, and CITIC Special Steel experienced significant declines [3]

Investment Rating - The report maintains a "Buy" recommendation for several steel companies, including Hualing Steel, Baosteel, Nanjing Steel, and others, indicating a positive outlook for the sector [3][4]. Core Viewpoints - The expectation of environmental production restrictions has cooled, leading to a focus on demand recovery. Despite high production levels, the steel demand has dropped to seasonal lows, and the market is advised to monitor the transition between peak and off-peak seasons for signs of demand recovery [3][4]. - Long-term capacity management remains a key theme, with a combination of market-oriented and administrative measures expected to optimize crude steel supply, potentially improving profitability for steel companies [3][4]. Summary by Sections Price Trends - As of August 15, 2025, steel prices showed mixed trends, with rebar prices at 3,300 CNY/ton (down 30 CNY), high wire at 3,470 CNY/ton (down 30 CNY), hot-rolled at 3,460 CNY/ton (down 10 CNY), cold-rolled at 3,880 CNY/ton (up 10 CNY), and medium plate at 3,520 CNY/ton (up 30 CNY) [1][10]. Production and Inventory - The total production of five major steel varieties reached 8.72 million tons, an increase of 24,200 tons week-on-week. However, rebar production decreased by 7,300 tons to 2.2045 million tons. Total social inventory rose by 282,900 tons to 9.8978 million tons [2][3]. Profitability - The report indicates a decline in long product profitability, with rebar, hot-rolled, and cold-rolled margins changing by -24 CNY/ton, +3 CNY/ton, and -3 CNY/ton respectively. Electric arc furnace steel margins also decreased by 18 CNY/ton [1][3]. Investment Recommendations - The report recommends focusing on companies in the steel sector, including Hualing Steel, Baosteel, Nanjing Steel, and others, while also suggesting attention to high-temperature alloy stocks like Fushun Special Steel [3][4].

Core Insights - The automotive window regulator industry is experiencing significant growth in China, driven by increasing demand for automotive equipment and the dual push from stable production of traditional fuel vehicles and rapid adoption of new energy vehicles [1][15] - The market size of China's automotive window regulator industry is projected to grow from 12.726 billion yuan in 2020 to 16.024 billion yuan in 2024, with a compound annual growth rate (CAGR) of 5.93% [1][15] - By 2025, the market size is expected to reach 16.389 billion yuan, indicating continued stable growth due to technological advancements and rising consumer demands for comfort and safety in vehicles [1][15] Industry Overview - Automotive window regulators are essential components in modern vehicles, primarily controlling the opening and closing of windows, thus providing ventilation, temperature regulation, and passenger comfort [1][15] - The industry includes both electric and manual window regulators, with electric types becoming more prevalent in modern cars [2][5] - The structure of window regulators can be categorized into arm-type and flexible-type, with various subtypes under each category [2][3] Market Dynamics - The global automotive window regulator market is also expanding, with a growth from 6.135 billion USD in 2020 to 7.388 billion USD in 2024, reflecting a CAGR of 4.76% [13] - China's automotive production is projected to increase from 29.0154 million units in 2017 to 31.282 million units in 2024, with a CAGR of 1.08% [11] Export Trends - China has become one of the largest exporters of automotive window regulators, with export volume increasing from 0.87 million tons in 2020 to 1.43 million tons in 2024, a CAGR of 13.23% [16] - The export value rose from 486 million yuan in 2020 to 787 million yuan in 2024, with a CAGR of 12.81% [16] Industry Development - The automotive window regulator industry in China has developed a complete industrial chain since the 1980s, with strong R&D and production capabilities [5] - The industry is moving towards smart, lightweight, and environmentally friendly solutions, driven by technological advancements and consumer preferences [5][24][27] Key Players - Major companies in the automotive window regulator industry include Guizhou Guihang Automotive Components Co., Ltd., Zhangjiagang Wancheng Technology Co., Ltd., and Longkou Taijin Machinery Co., Ltd., among others [19][20] - These companies are enhancing their competitiveness through increased R&D investment and improved product quality [19][20] Future Trends - The industry is expected to focus on smart technologies, lightweight materials, and environmentally friendly manufacturing processes [24][26][27] - Innovations such as sensor integration for automatic functions and the use of high-strength materials will be key to meeting future market demands [24][26][27]

Group 1 - The company held its 19th meeting of the 10th Board of Directors on August 15, 2025, with all 9 directors present, and the meeting was conducted in accordance with relevant laws and regulations [2][3][4] - The board approved several resolutions, including signing a financial service agreement with CITIC Financial Co., Ltd., which requires further approval from the shareholders' meeting [5][6][41] - The board also approved a proposal for the company and its subsidiaries to borrow from shareholders, with a total amount not exceeding 5 billion RMB, and this proposal also requires shareholder approval [5][6][35] Group 2 - The company approved a risk assessment report on CITIC Financial Co., Ltd., with unanimous support from independent directors [8][9][10] - A temporary shareholders' meeting is scheduled for September 1, 2025, to review the approved proposals [11][12][67] Group 3 - The company aims to optimize its financing structure by renewing a shareholder loan framework agreement, with a total amount not exceeding 5 billion RMB and an interest rate not exceeding the one-year LPR minus 70 basis points [15][16][35] - The company has established that the related transactions do not constitute a major asset restructuring and do not require approval from relevant authorities [16][42] Group 4 - CITIC Financial Co., Ltd. has been providing financial services to the company since 2022, and the renewal of the financial service agreement is intended to enhance financial management and efficiency [40][62] - The financial company has shown stable financial performance, with total assets of 508.55 billion RMB and a net profit of 7.61 billion RMB for the year 2024 [43][62]

Core Viewpoint - The stock price of CITIC Special Steel has recently increased, indicating positive market sentiment towards the company and its operations in the special steel sector [1] Company Overview - CITIC Special Steel is engaged in the production and sales of special steel products, which are widely used in industries such as automotive, machinery manufacturing, and energy [1] Stock Performance - The latest stock price is reported at 12.89 yuan, with an increase of 0.24 yuan from the previous trading day [1] - The stock reached a high of 12.97 yuan and a low of 12.63 yuan during the trading session, with a total trading volume of 2.61 billion yuan [1] Financial Activity - On August 15, CITIC Special Steel announced a board meeting to review a risk assessment report related to CITIC Finance Co., Ltd [1] - The net inflow of main funds on that day was 42.39 million yuan, with a cumulative net inflow of 31.98 million yuan over the past five days [1]

中信特钢（SZ 000708，收盘价：12.89元）8月15日晚间发布公告称，公司第十届第十九次董事会会议 于2025年8月15日以通讯方式召开。会议审议了《关于对中信财务有限公司的风险评估报告》等文件。 （文章来源：每日经济新闻） ...

证券代码：000708 证券简称：中信特钢 公告编号：2025-054 中信泰富特钢集团股份有限公司 关于与中信财务有限公司签订《金融服务协议》 暨关联交易的公告 为进一步完善公司融资渠道、优化公司财务管理，公司拟与中 信财务公司更新并继续签订《金融服务协议》，协议有效期为三年。 公司于2025年8月15日召开第十届董事会第十九次会议以3票同意、0 票反对、0票弃权的结果审议通过了《关于与中信财务有限公司签订 <金融服务协议>暨关联交易的议案》。公司关联关系董事钱刚先生、 杨峰先生、郭家骅先生、黄国耀先生、罗元东先生、郏静洪先生回 1 避表决。公司独立董事召开了2025年第三次专门会议，全体独立董 事一致同意将本议案提交董事会审议。 公司与中信财务公司的实际控制人均为中国中信集团有限公司， 本公司与中信财务公司属于受同一法人控制的关联关系，根据《深 圳证券交易所股票上市规则》规定，本次交易构成关联交易。此项 交易尚须获得股东会的批准，与该关联交易有利害关系的关联人将 回避表决。 本次关联交易不构成《上市公司重大资产重组管理办法》规定 的重大资产重组、不构成重组上市，不需要经过有关部门批准。 二、关联方介绍 本 ...