Financial Performance - The company's operating revenue for Q1 2025 was ¥5,670,743,298.42, a decrease of 29.55% compared to ¥8,049,681,151.74 in the same period last year[3] - The net loss attributable to shareholders was ¥132,408,383.72, representing a 57.16% improvement from a loss of ¥309,050,388.53 in the previous year[3] - The company's basic and diluted earnings per share improved to -¥0.0546, a 57.18% increase from -¥0.1275 in the same quarter last year[3] - Total operating revenue for the current period was ¥5,670,743,298.42, a decrease of 29.3% compared to ¥8,049,681,151.74 in the previous period[12] - Net profit for the current period was -¥132,408,383.72, compared to -¥309,050,388.53 in the previous period, indicating an improvement[13] - Basic and diluted earnings per share for the current period were both -0.0546, compared to -0.1275 in the previous period[14] Cash Flow and Investments - The net cash flow from operating activities increased significantly by 363.99%, reaching ¥364,558,980.37 compared to ¥78,570,805.03 in Q1 2024[3] - Cash inflow from financing activities was ¥906,289,614.65, an increase of 13.1% compared to ¥801,087,441.01 in the previous period[16] - Cash outflow from financing activities totaled ¥842,756,768.36, up 98.3% from ¥425,691,246.60 in the previous period[16] - The net increase in cash and cash equivalents was ¥526,974,857.63, compared to a decrease of ¥40,957,127.18 in the previous period[16] - The ending balance of cash and cash equivalents was ¥1,138,630,592.12, an increase from ¥880,394,019.32 in the previous period[16] - The cash flow from investing activities showed a positive change, with a net inflow of ¥116,087,219.01 compared to a net outflow of ¥476,613,988.18 in Q1 2024, marking a 124.36% improvement[6] - Net cash flow from investing activities was ¥116,087,219.01, an improvement from a negative cash flow of ¥476,613,988.18 in the previous period[16] Assets and Liabilities - Total assets at the end of Q1 2025 were ¥20,110,067,503.59, a slight decrease of 1.08% from ¥20,330,559,870.98 at the end of the previous year[3] - Total liabilities were ¥12,333,237,109.18, a decrease from ¥12,422,111,039.36 in the previous period[11] - Non-current liabilities totaled ¥2,466,269,865.25, an increase from ¥2,004,735,348.80 in the previous period[11] - Long-term borrowings increased to ¥1,738,480,000.00 from ¥1,260,480,000.00 in the previous period[11] - The company's total equity attributable to shareholders decreased by 1.66% to ¥7,776,830,394.41 from ¥7,908,448,831.62 at the end of the previous year[3] Shareholder Information - The total number of common shareholders at the end of the reporting period is 105,656[7] - The largest shareholder, Baowu Group Central South Steel Co., Ltd., holds 52.95% of the shares, totaling 1,283,512,890 shares[7] - There are no changes in the top 10 shareholders due to securities lending or borrowing activities[8] - The company has no preferred shareholders as indicated in the report[8] Research and Development - Research and development expenses decreased by 33.46% to ¥70,164,526.31 from ¥105,450,389.68 in Q1 2024[6] - Research and development expenses were ¥70,164,526.31, down from ¥105,450,389.68 in the previous period, reflecting a 33.4% decrease[13] Other Financial Information - The company received government subsidies amounting to ¥8,805,925.39 during the reporting period, contributing to its financial performance[4] - Other income for the current period was ¥73,161,279.88, compared to ¥37,060,607.37 in the previous period, showing a significant increase[13] - The report does not mention any new product or technology developments[8] - The company has not disclosed any new strategies or future outlook in the provided documents[8] - The company did not undergo an audit for the first quarter report[17] - The new accounting standards will be implemented starting in 2025[18]

Financial Performance - The company's operating revenue for 2024 was approximately ¥31.18 billion, a decrease of 20.09% compared to ¥39.01 billion in 2023[16]. - The net profit attributable to shareholders for 2024 was a loss of approximately ¥1.20 billion, a significant decline of 2,555.52% from a profit of ¥49.03 million in 2023[16]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of approximately ¥1.26 billion, worsening by 436.82% compared to a loss of ¥233.82 million in 2023[16]. - The net cash flow from operating activities for 2024 was approximately ¥1.31 billion, a slight decrease of 3.11% from ¥1.35 billion in 2023[16]. - The basic earnings per share for 2024 was -¥0.4967, a decline of 2,558.91% from ¥0.0202 in 2023[16]. - The total assets at the end of 2024 were approximately ¥20.33 billion, down 4.56% from ¥21.30 billion at the end of 2023[16]. - The net assets attributable to shareholders at the end of 2024 were approximately ¥7.91 billion, a decrease of 13.22% from ¥9.11 billion at the end of 2023[16]. - The weighted average return on net assets for 2024 was -14.14%, a decline of 14.67% compared to 0.53% in 2023[16]. - The company reported a significant decline in net profit after deducting non-recurring gains and losses, with a total loss of approximately ¥1.33 billion for the year[21]. - The company reported a total of ¥51.36 million in non-recurring gains for 2024, a significant decrease from ¥282.85 million in 2023[23]. Operational Efficiency - The company is actively pursuing digital transformation and smart manufacturing to enhance operational efficiency and competitiveness[27]. - The company has achieved significant improvements in customer satisfaction and loyalty through a comprehensive customer service system[37]. - The average smelting cycle was shortened by 0.56 minutes, and the average molten iron temperature decreased by 11°C compared to the previous year[39]. - The company achieved a 12.94-hour reduction in equipment failure time per month, improving operational efficiency[39]. - The company is focused on digital transformation to improve operational efficiency and decision-making capabilities[36]. - The company is committed to sustainable development, implementing low-carbon practices and enhancing production efficiency[38]. - The company is focusing on high-value, low-carbon, and intelligent transformation in response to new industry regulations[27]. Market Position and Strategy - The company is positioned as a key player in the Guangdong steel production base, with over 30 production lines and advanced manufacturing equipment[33]. - The company aims to enhance its brand influence in the South China market through continuous market investment and brand building efforts[35]. - The company holds a market share of 20% in construction materials, 19.5% in industrial wire, and 18.5% in medium and heavy plates in the Guangdong region[30]. - The company is participating in regional economic development initiatives in Guangdong Province, aiming to optimize and upgrade the steel industry[28]. - The company is exploring potential mergers and acquisitions to enhance its operational capabilities and market reach, with a focus on companies in the steel and manufacturing sectors[106]. - The company is focusing on developing high-end products and expanding its market share through a "base management, brand operation" model[84]. Risk Management - The management has highlighted potential risks and countermeasures in the future development outlook section of the report[3]. - The company is facing increased cost pressures due to high volatility in raw material prices, including iron ore and coke, impacting profitability[26]. - The company is addressing raw material price and supply risks, particularly with high iron ore and coal prices, which could pressure profit margins[84]. - The company has established risk control measures for its derivative investments, including a risk warning mechanism and stop-loss limits[71]. Research and Development - The company has established a provincial-level enterprise technology center and a national postdoctoral research station, emphasizing its commitment to R&D and innovation[34]. - The number of R&D personnel decreased by 13.64% from 836 in 2023 to 722 in 2024, with the proportion of R&D personnel in total staff dropping from 15.65% to 14.26%[57]. - R&D investment amounted to ¥1,126,286,770.92 in 2024, a decrease of 16.79% compared to ¥1,353,501,842.91 in 2023, with R&D investment as a percentage of operating revenue increasing from 3.47% to 3.61%[57]. - The company is investing in new technology development, with a budget allocation of 100 million yuan for R&D in advanced steel production techniques[105]. Environmental Initiatives - The company is committed to achieving full compliance with the pollution discharge permit management system by 2027, with all major pollutant emissions under control[141]. - The company achieved a year-on-year reduction in emissions for sulfur dioxide, nitrogen oxides, and particulate matter by 30.5%, 33.7%, and 5.0% respectively in 2024[146]. - The company has implemented advanced pollution control technologies, including SDA desulfurization and SCR denitrification for various processes[145]. - The company is committed to sustainability initiatives in its production processes and product offerings[180]. Governance and Management - The company has a clear governance structure that promotes effective decision-making and accountability among its governing bodies[91]. - The company maintains complete independence from its controlling shareholders in terms of operations, assets, and finances[92]. - The company has a robust organizational structure with independent departments that operate without interference from major shareholders[93]. - The company has committed to avoiding competition with its controlling shareholder through formal agreements[95]. - The company has established a comprehensive financial management system that operates independently from its controlling shareholders[93]. Future Outlook - The company aims to achieve a production target of 6.32 million tons of iron, 7.617 million tons of steel, and 7.42 million tons of materials by 2025, with a projected revenue of 29.6 billion yuan[80]. - The company plans to enhance cost competitiveness by focusing on eight efficiency metrics, including production line efficiency and energy utilization efficiency[80]. - Future guidance suggests a cautious but optimistic growth trajectory, with performance guidance indicating a steady increase in revenue[171]. - The company is exploring market expansion opportunities in regions such as Wuhan and Zhengzhou, targeting a broader customer base[173].

Group 1 - The company aims to stabilize its stock price and enhance its market image in response to irrational fluctuations in the stock market, demonstrating confidence in its future development and value recognition [1] - The company plans to implement multiple cost-reduction measures to improve operational performance, focusing on enhancing efficiency across eight key areas: production line, energy utilization, logistics, material consumption, human resources, investment, capital, and asset efficiency [1] - The company is committed to optimizing its product structure to enhance profitability, including the timely production of high-grade rebar and expanding its product offerings in various steel categories [1] Group 2 - The company's controlling shareholders and senior management have pledged not to reduce their holdings of company shares for six months starting from April 10, 2025, to maintain market stability and boost investor confidence [2] - The company has a shareholder return plan approved at the 2022 annual general meeting, which includes a cumulative cash dividend of 557 million yuan from 2021 to 2023, representing 243% of the average net profit attributable to shareholders during the same period [3] - The company will continue to strengthen its investor relations management, ensuring accurate and timely information disclosure and maintaining communication with investors through various channels [4]

证券代码：000717 证券简称：中南股份 公告编号：2025-13 广东中南钢铁股份有限公司 关于维护公司股价稳定的公告 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，没有 虚假记载、误导性陈述或重大遗漏。 广东中南钢铁股份有限公司（以下简称"公司"）针对近期 股票市场的非理性波动，同时基于对公司未来发展的信心以及对 公司价值的认可，为促进公司持续、稳定、健康发展和维护公司 全体股东的利益，公司拟采取以下措施，维护公司股价稳定、树 立良好的市场形象。 一、多措并举降成本，努力提升经营业绩 （一）着力加大全流程降本增效力度，提升公司成本竞争力 一是围绕产线效率、能源利用效率、物流效率、物耗效率、 人力资源效率、投资效率、资金效率、资产效率"八大效率"， 以高效率促进成本改善。二是坚持极致低库存，及时调整配煤配 矿结构、铁钢比结构、产品结构和运输方式，进一步提升经营降 本能力。三是通过不断优化要素组合的创新、合作模式创新、产 品技术创新，提升价值创造、价值节约和价值提升能力。 （二）着力推进产品结构优化调整，提升产品盈利能力 一是加快推进棒一双高棒改造按期投产、快速达产达效；坚 持高等级精品路线，实现 ...

广东中南钢铁股份有限公司（以下简称"公司"）于 2025 年 4 月 3 日在指定信息披露媒体《中国证券报》《证券时报》及 巨潮资讯网（www.cninfo.com.cn）上发布了《关于高级副总裁辞 职的公告》（公告编号：2025-11）。因公告内容有误，现更正 如下： 更正前：2024 年 4 月 2 日，广东中南钢铁股份有限公司（以 下简称"公司"）董事会收到高级副总裁邵林峰先生的书面辞呈。 更正后：2025 年 4 月 2 日，广东中南钢铁股份有限公司（以 下简称"公司"）董事会收到高级副总裁邵林峰先生的书面辞呈。 证券代码：000717 证券简称：中南股份 公告编号：2025-12 广东中南钢铁股份有限公司 更正公告 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，没 有虚假记载、误导性陈述或重大遗漏。 公告其它内容不变，对上述更正给广大投资者带来的不便， 公司深表歉意，敬请广大投资者谅解。 特此公告 广东中南钢铁股份有限公司董事会 2025年4月3日 ...

证券代码：000717 证券简称：中南股份 公告编号：2025-11 广东中南钢铁股份有限公司 关于高级副总裁辞职的公告 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，没 有虚假记载、误导性陈述或重大遗漏。 2024 年 4 月 2 日，广东中南钢铁股份有限公司（以下简称 "公司"）董事会收到高级副总裁邵林峰先生的书面辞呈。因上 级调用原因，邵林峰先生辞去了高级副总裁职务，根据《公司法》 《公司章程》等有关规定，邵林峰先生的辞呈自送达董事会之日 起生效。邵林峰先生辞职后，不在公司及子公司担任任何职务， 不会影响公司相关工作的正常开展。截至本公告披露日，邵林峰 先生未持有公司股票，不存在按照相关监管规定应履行而未履行 的相关承诺。 邵林峰先生圆满完成了公司董事会交办的各项工作任务，为 公司经营发展发挥了积极作用。公司及公司董事会对邵林峰先生 在任职期间所做出的贡献表示衷心感谢！ 特此公告 广东中南钢铁股份有限公司董事会 2025年4月3日 ...

广东中南钢铁股份有限公司 市值管理制度 1.目的 1.1 为加强广东中南钢铁股份有限公司（以下简称"公司"） 市值管理，推动提升公司投资价值，维护公司、投资者及其他利 益相关者的合法权益，根据《中华人民共和国公司法》《中华人 民共和国证券法》《国务院关于加强监管防范风险推动资本市场 高质量发展的若干意见》《上市公司监管指引第10号-市值管理》 《深圳证券交易所股票上市规则》等相关法律、行政法规、规范 性文件和《公司章程》等规定，并结合公司实际情况，制定本制 度。 1.2 市值管理主要目的是通过充分、合规的信息披露，增强 公司透明度，引导公司的市场价值与内在价值实现动态趋同。同 时，利用资本运作、权益管理、投资者关系管理等手段，使公司 价值得以充分反映到市场价值，以此建立稳定和优质的投资者基 础，获得长期的市场支持，从而达到公司整体利益最大化和股东 财富增长并举的目标。 2 适用范围 本制度适用于公司及分、子公司。 3 定义 3.1 本制度所称市值管理，是以提高公司质量为基础，为提 1 升公司投资价值和股东回报能力而实施的战略管理行为。 3.2 股价短期连续或者大幅下跌情形，是指公司股票连续20 个交易日内收盘 ...

2025 年度基建技改项目投资框架计划的公告 证券代码：000717 证券简称：中南股份 公告编号：2025-07 广东中南钢铁股份有限公司 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，没 有虚假记载、误导性陈述或重大遗漏。 2025 年，广东中南钢铁股份有限公司（以下简称"公司" 或"本公司"）将全面贯彻一届三次职代会精神，坚持"四化" 发展方向和"四有"经营原则，聚焦主责主业，严禁非主业投资； 强化资源约束，严控超越财务承受能力的投资行为；防范投资风 险，加强行业发展态势研判，合理控制投资节奏；聚焦价值创造， 坚持算账投资，严控投资成本，提升投资收益。 一、投资计划汇总 2025 年度全年计划安排基建技改项目 22 项（不含尾款和前 期项目），投资总额 59,013 万元。具体如下： 二、具体项目明细 （一）节能环保类项目 2025 年公司在节能环保方面计划投资 33,306 万元，主要项 目有： 1 单位：万元 投资项目 节能 降本增效 装备措施 环保 信息化 质量改善 零固 项目数 22 6 3 6 1 4 1 1 投资额 59,013 33,036 9,859 3,200 270 1,19 ...

广东中南钢铁股份有限公司 2025 年金融衍生业务可行性分析报告 按照广东中南钢铁股份有限公司（以下简称"中南股份"、 "公司"或"本公司"）《公司章程》《董事会议事规则》及相关 《管理文件控制程序》的要求，现就中南股份 2025 年金融衍生 业务可行性分析报告如下： 一、公司开展金融衍生品业务的背景及必要性 （一）货币类金融衍生品业务 公司进口业务量较大。近年来人民币汇率市场化程度提升， 人民币汇率双向波动弹性增强，2024 年 1-7 月，受美降息预期 不断降温影响，人民币汇率持续贬值，人民银行将中间价固定在 7.07-7.13 区间左右，帮助人民币汇率守住 7.27 的底线。展望 2025 年，在国内"宽财政"的影响下，汇率波动或进一步加剧。 "宽财政"政策的时点和规模等均存在较大不确定性，汇率预期 或在矛盾切换中反复冲折。为进一步提高公司应对外汇波动风险 的能力，公司有必要根据具体情况，使用自有资金，选择简单型 货币类金融衍生工具，尽可能降低汇率波动对公司经营业绩的负 面影响，以实现套期保值、预算达成、提升经营的可预测性等目 标。 （二）商品类金融衍生品业务 2025 年，钢铁行业依旧面临供需走弱，降 ...

证券代码：000717 证券简称：中南股份 公告编号：2025-06 广东中南钢铁股份有限公司 2025年金融衍生品投资计划的公告 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，没 有虚假记载、误导性陈述或重大遗漏。 重要内容提示： 1.投资种类：开展的衍生品交易品种包括螺纹钢期货、铁矿 石期货、焦煤期货、远期结售汇、货币及利率掉期等产品或上述 产品的组合。 2.投资金额：开展的货币类衍生品交易业务总金额不超过美 元 11 亿元，商品类衍生品交易业务总额不超过 110 万吨。 3.2025 年 3 月 28 日，公司召开第九届董事会 2025 年第二 次临时会议、第九届监事会 2025 年第一次临时会议，会议审议 通过了《2025 年金融衍生品投资计划的议案》，本议案尚需提交 公司 2024 年年度股东大会审批。 1 1.货币类金融衍生品投资 广东中南钢铁股份有限公司（以下简称"公司"或"本公司"） 进口采购美元结算业务量较大。近年来人民币汇率市场化程度提 升，人民币汇率双向波动弹性增强，人民银行将中间价固定在 7.07-7.13 区间左右，帮助人民币汇率守住 7.27 的底线。展望 2025 年，在 ...