利安达会计师事务所(特殊普通合伙) 一、河钢股份对内部控制的责任 河钢股份有限公司 内部控制审计报告 2024 年度 委托单位:河钢股份有限公司 审计单位:利安达会计师事务所(特殊普通合伙) 联系电话: (010) 85886680 传真号码: (010) 85886690 网 址: http://www.Reanda.com 您可使用手机"扫一扫"或进入"注册会计师行业统一监管平台（http://acc.mofs 内部控制审计报告 利安达审字【2025】第 0420 号 河钢股份有限公司全体股东: 按照《企业内部控制审计指引》及中国注册会计师执业准则的相关要求,我们审计了 河钢股份有限公司(以下简称"河钢股份")2024年12月31日的财务报告内部控制的 有效性。 按照《企业内部控制基本规范》、《企业内部控制应用指引》、《企业内部控制评价 指引》的规定,建立健全和有效实施内部控制,并评价其有效性是河钢股份董事会的责 任。 二、注册会计师的责任 我们的责任是在实施审计工作的基础上,对财务报告内部控制的有效性发表审计意 见,并对注意到的非财务报告内部控制的重大缺陷进行披露。 三、内部控制的固有局限性 内部控制具 ...

利安达会计师事务所(特殊普通合伙) 关于河钢股份有限公司 在河钢集团财务有限公司存贷款 等金融业务情况的专项审核报告 目 录 | | 页次 | | --- | --- | | 一、专项审核报告 | 1-2 | | 二、存贷款等金融业务情况汇总表 | 1 | 委托单位:河钢股份有限公司 审计单位:利安达会计师事务所(特殊普通合伙) 联系电话:(010)85886680 传真号码:(010) 85886690 址: http://www.Reanda.com 网 您可使用手机"扫一扫"或进入"注册会计师行业统一监管平台（http://acc.no 关于河钢股份有限公司 在河钢集团财务有限公司存贷款 等金融业务情况的专项审核报告 利安达专字【2025】第 0171 号 河钢股份有限公司全体股东: 我们接受委托,在审计了河钢股份有限公司（以下简称"河钢股份"）2024 年 12 月 31 日的合并及公司的资产负债表,2024 年度合并及公司的利润表、合并及公司的现金流 量表和合并及公司的股东权益变动表以及财务报表附注的基础上,对后附的《河钢股份有 限公司 2024 年度在河钢集团财务有限公司存贷款等金融业务情况汇总表 ...

Financial Performance - The basic earnings per share decreased by 48.67% to 0.0462 yuan in 2024 from 0.0900 yuan in 2023 [1] - Net profit fell by 34.78% to 7.07 billion yuan in 2024 compared to 10.84 billion yuan in 2023 [1] - Operating revenue slightly decreased by 0.92% to 1216.17 billion yuan in 2024 from 1227.44 billion yuan in 2023 [1] - The return on equity dropped by 45.93% to 0.93% in 2024 from 1.72% in 2023 [1] Shareholder Structure - The top ten unrestricted shareholders hold a total of 689625.04 million shares, accounting for 66.72% of the circulating shares, with a decrease of 3283.42 million shares compared to the previous period [1] - The largest shareholder, Handan Steel Group, holds 421876.30 million shares, representing 40.82% of the total share capital, with no change [2] - The second-largest shareholder, Tangshan Steel Group, holds 185340.98 million shares, accounting for 17.93%, also unchanged [2] Dividend Distribution - The company announced a dividend distribution plan of 0.3 yuan per share (including tax) [3]

Financial Performance - The company's revenue for Q1 2025 reached ¥32,541,367,595.46, representing a 9.38% increase compared to ¥29,749,544,329.24 in the same period last year[2] - Net profit attributable to shareholders was ¥232,240,222.54, a significant increase of 46.01% from ¥159,058,190.27 year-on-year[2] - The net profit after deducting non-recurring gains and losses was ¥132,513,935.64, which is a 102.87% increase compared to ¥65,319,279.96 in the previous year[2] - Operating profit increased to ¥217,533,885.20, up from ¥106,525,317.00, representing a growth of 104.67%[16] - Net profit for the current period was ¥262,723,392.01, a rise of 43.06% from ¥183,675,171.01 in the previous period[16] - The company’s total comprehensive income for the current period was ¥265,240,535.15, compared to ¥162,941,361.63 in the previous period, reflecting a significant increase[17] - Basic and diluted earnings per share were both ¥0.02, up from ¥0.01 in the previous period[17] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥273,094,846,300.94, up 1.48% from ¥269,103,744,306.53 at the end of the previous year[2] - Total current assets as of March 31, 2025, amount to RMB 68.82 billion, an increase from RMB 65.40 billion at the beginning of the period, reflecting a growth of approximately 3.68%[13] - Total liabilities as of March 31, 2025, are RMB 204.55 billion, up from RMB 201.52 billion, representing an increase of approximately 1.51%[14] - The company’s total assets increased, with total liabilities amounting to ¥31,260,043,219.07 in financing activities, down from ¥33,510,386,147.37 in the previous period[19] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 249,012[8] - The largest shareholder, Handan Steel Group Co., Ltd., holds 41.05% of the shares, followed by Tangshan Steel Group Co., Ltd. with 18.18%[8] - The controlling shareholder, Handan Steel Group, plans to increase its stake in Hebei Steel shares by investing between RMB 216 million and RMB 432 million starting from January 6, 2025[10] - As of the report date, Handan Steel and Tangshan Steel have collectively increased their holdings by 98,793,524 shares, representing 0.96% of the total share capital, with an investment of RMB 215.48 million[11] Cash Flow - The net cash flow from operating activities was ¥3,050,639,787.18, a decrease of 2.98% compared to ¥3,144,418,655.14 in the previous year[2] - The net cash flow from financing activities increased by 151.96% due to higher inflows from perpetual bonds and other financing sources[6] - The company reported a net cash flow from operating activities of ¥3,050,639,787.18, slightly down from ¥3,144,418,655.14 in the previous period[18] - Cash and cash equivalents at the end of the period totaled ¥21,944,515,305.08, compared to ¥26,232,149,341.17 at the end of the previous period[19] - The company reported a cash balance of RMB 30.66 billion, down from RMB 31.82 billion, a decrease of about 3.66%[13] Inventory and Expenses - The company's inventory decreased to RMB 20.74 billion from RMB 22.92 billion, indicating a reduction of about 9.52%[13] - Research and development expenses decreased to ¥359,538,029.91 from ¥394,270,417.39, indicating a reduction of 8.8%[16] Future Plans - The company plans to expand its market presence and invest in new product development to drive future growth[20]

Financial Performance - The total revenue for 2024 was approximately ¥121.62 billion, a decrease of 0.92% compared to ¥122.74 billion in 2023[16]. - The net profit attributable to shareholders decreased by 34.72% to ¥707.43 million from ¥1.08 billion in 2023[16]. - The net profit after deducting non-recurring gains and losses was ¥258.32 million, down 63.67% from ¥710.96 million in the previous year[16]. - Operating cash flow for 2024 was ¥9.68 billion, a decline of 13.69% from ¥11.21 billion in 2023[16]. - Basic earnings per share fell by 48.67% to ¥0.0462 from ¥0.09 in 2023[16]. - Total operating revenue for 2024 was approximately ¥121.62 billion, a decrease of 0.92% compared to ¥122.74 billion in 2023[50]. - Steel industry revenue accounted for 94.85% of total revenue, totaling approximately ¥115.35 billion, down 0.60% year-over-year[52]. - The gross margin for the steel industry was 9.84%, with a slight decrease of 0.53% compared to the previous year[52]. Production and Capacity - The company maintains a production capacity of 30 million tons of high-quality steel annually, with a focus on high-end product upgrades and domestic steel import substitution[28]. - In 2024, the company produced 29.62 million tons of pig iron, 27.93 million tons of crude steel, and 26.42 million tons of steel, achieving an annual revenue of 121.6 billion yuan and a net profit of 707 million yuan[43]. - The production capacity has been increased to 14,000-15,000 tons/day, exceeding the designed maximum capacity by 25%[61]. - The company plans to produce 33.39 million tons of pig iron, 31.89 million tons of crude steel, 28.96 million tons of steel products, and 260,000 tons of vanadium slag in 2025[82]. Research and Development - The company has established a comprehensive R&D system with 3 national recognized enterprise technology centers and 3 provincial engineering technology research centers, enhancing its independent innovation capabilities[34]. - The company has successfully developed high-end steel products for various industries, including key materials for nuclear fusion devices and self-developed baking-hardened steel for automotive applications[35]. - R&D investment decreased by 8.52% to ¥2,343,028,433.26 in 2024, representing 1.93% of operating revenue[63]. - The number of R&D personnel decreased by 2.27% to 559, with a slight increase in the proportion of R&D personnel to 1.87%[63]. Environmental Management - The company complies with environmental protection standards, including the ultra-low emission standards for the steel industry[140]. - The company is classified as a key pollutant discharge unit by environmental protection authorities[140]. - The company has implemented measures to control emissions in accordance with local government regulations and standards[144]. - The company achieved a total of 413.922 tons of particulate matter emissions and 924.356 tons of sulfur dioxide emissions in the last reporting period, indicating a focus on reducing overall emissions[146]. - The company is committed to maintaining emissions standards below the regulatory limits, with specific targets for various pollutants outlined in recent government directives[145]. Market and Sales - Sales volume in the steel industry increased by 4.61% to 2,725 million tons in 2024, compared to 2,605 million tons in 2023[53]. - The average selling price of high-end products increased, with significant improvements in sales ratios for high-end products and existing key customers[47]. - The company achieved a 69.59% revenue increase in Northeast China, with total revenue reaching approximately ¥1.19 billion[50]. - The top five customers contributed a total sales amount of ¥70.03 billion, which is 57.58% of the annual sales, with related party sales accounting for 50.67%[57]. Financial Management - The company issued a perpetual medium-term note of ¥10 billion and a renewable corporate bond of ¥2.9 billion, optimizing its capital structure[48]. - The company has been recognized for its intelligent manufacturing capabilities, with two factories selected as national intelligent manufacturing demonstration factories[38]. - The company is actively expanding its financing resources and optimizing its financing structure to ensure the safety and orderly operation of funds[89]. - The company reported a total investment of ¥4.8 billion during the reporting period, a decrease of 5.72% compared to ¥5.09 billion in the same period last year[73]. Corporate Governance - The company has a complete human resource management system with no illegal part-time positions among its directors and senior management[100]. - The company has a well-established corporate governance structure, ensuring independence from its controlling shareholders[100]. - The board of directors held 11 meetings during the reporting period, with all members attending at least 2 meetings in person[123]. - The company has a diverse board of directors with members holding advanced degrees and extensive experience in the steel industry[110]. Strategic Initiatives - The company is committed to transforming into a "manufacturing + service" enterprise, focusing on innovation and resource reallocation[81]. - The company is enhancing its technological innovation capabilities by addressing bottlenecks in production lines and promoting the application of advanced technologies across the organization[87]. - The company is implementing a three-year action plan for intelligent manufacturing, aiming to transform manufacturing models to data-driven and intelligent systems[88]. - The company is focusing on cost reduction across all processes, particularly in the iron-making stage, aiming for a stable economic operation of the blast furnace and implementing a production warning mechanism[86]. Risks and Challenges - The company faces environmental protection risks due to increasing regulatory pressures and is focusing on achieving high standards in environmental management[92]. - The company is managing high asset-liability ratios by strengthening centralized fund management and optimizing its debt structure[94]. - The company is addressing market competition risks by optimizing product and customer structures to expand its market share and enhance profitability[93]. Employee and Talent Management - The company emphasizes talent development, with initiatives in place to cultivate management and technical talent, resulting in multiple employees receiving provincial and national awards[40]. - The total number of employees at the end of the reporting period is 29,939, with 4,033 in the parent company and 25,906 in major subsidiaries[128]. - The professional composition includes 23,728 production personnel, 417 sales personnel, 3,174 technical personnel, 192 financial personnel, and 2,428 administrative personnel[128].

Core Viewpoint - The hot-dip galvanizing industry in China has seen a steady increase in demand due to its cost-effectiveness and excellent protective properties, particularly in sectors like automotive, construction, and home appliances. Despite a recent decline in sales revenue, the industry is projected to recover slightly in 2024, supported by the manufacturing sectors of new energy vehicles and home appliances [1][11]. Industry Overview - Hot-dip galvanizing, also known as hot-dip zinc coating, involves immersing steel components in molten zinc to create a protective layer that prevents corrosion. This method is particularly effective in harsh environments [3]. - The hot-dip galvanizing industry has experienced significant growth, with sales revenue increasing from 40.948 billion yuan in 2017 to 73.569 billion yuan in 2021, followed by a decline, with a projected revenue of 68 billion yuan in 2024, reflecting a year-on-year increase of 2.56% [1][11]. Industry Chain - The upstream of the hot-dip galvanizing industry includes raw material and equipment suppliers, with steel and zinc being the primary materials. The midstream involves the galvanizing process itself, while the downstream encompasses various applications in construction, transportation, and other sectors [5]. Competitive Landscape - The hot-dip galvanizing industry features a diverse competitive landscape with both large and small enterprises. Major companies leverage scale, technology, and supply chain advantages, while smaller firms focus on flexible strategies and differentiated products [17]. Key Companies - Notable companies in the hot-dip galvanizing sector include Baosteel (宝钢股份), Zinc Industry Co. (锌业股份), and Tianjin Youfa Steel Pipe Group [1][18]. Market Trends - The demand for hot-dip galvanized products is expected to rise due to ongoing growth in construction, automotive, and home appliance sectors. The Belt and Road Initiative is anticipated to provide new opportunities for the industry, particularly in infrastructure projects [22][23]. - Technological advancements are driving improvements in hot-dip galvanizing processes, with a focus on reducing energy consumption and environmental impact. Companies are increasingly adopting automation and smart control systems to enhance production efficiency [22][23].

证券代码：000709 股票简称：河钢股份 公告编号：2025-010 河钢股份有限公司 关于召开 2024 年度业绩说明会的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，对公告的虚假 记载、误导性陈述或者重大遗漏负连带责任。 河钢股份有限公司2024年年度报告将于2025年4月25日披露。为使投资者进 一步了解公司的财务状况、经营情况及发展规划，公司定于2025年4月28日15:00- 16:00在全景网举办2024年度业绩说明会。本次年度业绩说明会将采用网络远程 的方式举行，投资者可登陆全景网"投资者关系互动平台"（http://ir.p5w.net）参 与本次年度业绩说明会。出席本次说明会的人员有：公司副董事长、总经理许斌， 董事、总会计师张爱民，独立董事高栋章和董事会秘书王文多。 为充分尊重投资者、提升交流的针对性，现就公司2024年度业绩说明会提前 向投资者公开征集问题，广泛听取投资者的意见和建议。投资者可于2025年4月 27日15:00前访问http://ir.p5w.net/zj/，或扫描下方二维码，进入问题征集专题页面。 敬请广大投资者通过全景网系统提交您所关注的问题，便于公司 ...

| 证券代码：000709 | 股票简称：河钢股份 公告编号：2025-009 | | --- | --- | | 债券代码：149099 | 债券简称：20HBIS01 | 河钢股份有限公司 2020 年面向合格投资者 公开发行公司债券（第一期）2025 年本息兑付及摘牌公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，对公告的虚 假记载、误导性陈述或者重大遗漏负连带责任。 重要内容提示： 凡在 2025 年 4 月 18 日前（含当日）买入并持有本期债券的投资者享有本次 派发的本金及利息；2025 年 4 月 18 日前（含当日）卖出本期债券的投资者不享 有本次派发的本金及利息。 河钢股份有限公司 2020 年面向合格投资者公开发行公司债券（第一期）（以 下简称"本期债券"）将于 2025 年 4 月 21 日支付自 2024 年 4 月 20 日至 2025 年 4 月 19 日期间的利息。根据《河钢股份有限公司 2020 年面向合格投资者公开发 行公司债券（第一期）募集说明书》有关条款的规定，现将有关事项公告如下： 4、发行总额：人民币 15 亿元。 1 5、债券期限和利率：本期债券期限为 ...

河钢股份有限公司 2025 年面向专业投资者公开发行可续期 河钢股份有限公司（签章） 公司债券（第二期）在深圳证券交易所上市的公告 根据深圳证券交易所债券上市的有关规定，河钢股份有限公司 2025 年面向 专业投资者公开发行可续期公司债券（第二期）符合深圳证券交易所债券上市条 件，将于 2025 年 4 月 18 日起在深圳证券交易所上市，并面向专业投资者中的机 构投资者交易，交易方式包括匹配成交、点击成交、询价成交、竞买成交和协商 成交。债券相关要素如下： | 债券名称 | 河钢股份有限公司 2025 年面向专业投资者公开发行可续期公司债 | | --- | --- | | | 券（第二期） | | 债券简称 | 25 河钢 Y2 | | 债券代码 | 524208.SZ | | 信用评级 | 主体评级 AAA，债项评级 AAA | | 评级机构 | 中诚信国际信用评级有限责任公司 | | 发行总额（亿元） | 15 | | 债券期限 | 基础期限为 3 年，在每个重新定价周期末，发行人有权选择将本 期债券期限延长 1 个周期（即延长不超过 3 年），或选择在该周 | | | 期末到期全额兑付本期债券 | ...

本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 一、本期债券基本情况 河钢股份有限公司（以下简称"发行人"或"公司"）于 2025 年 4 月 11 日完成 河钢股份有限公司 2025 年面向专业投资者公开发行可续期公司债券（第二期）（简 称"本期债券"）的发行，债券代码为"524208.SZ"，债券简称为"25 河钢 Y2"，本 期债券发行总额为人民币 15.00 亿元。 根据《河钢股份有限公司 2025 年面向专业投资者公开发行可续期公司债券 （第二期）募集说明书》（以下简称"《募集说明书》"）的约定："因本期债券的 发行时间及实际发行规模尚有一定不确定性，发行人将综合考虑本期债券发行时 间及实际发行规模、募集资金的到账情况、相关债务本息偿付要求、公司债务结 构调整计划等因素，本着有利于优化公司债务结构和节省财务费用的原则，未来 可能在履行相关内部程序后调整偿还有息负债的具体明细，并及时进行信息披露。 发行人承诺上述借款不用于高耗能、高排放项目建设。" 现根据公司的融资安排，公司拟调整本期债券募集资金用途中拟偿还的到期 债务明细。 二、调整前后募集资金用途 ...