广东韶钢松山股份有限公司 2020 年半年度报告全文 广东韶钢松山股份有限公司 2020 年半年度报告 2020 年 08 月 1 广东韶钢松山股份有限公司 2020 年半年度报告全文 1 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的 真实、准确、完整，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。 公司负责人李世平、主管会计工作负责人谢志雄及会计机构负责人(会计主 管人员)郭利荣声明：保证本半年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本报告的董事会会议。 本半年度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。 | --- | |---------------------------------------------------------------------| | | | 公司在本报告第四节经营情况讨论与分析中 " 十、公司面临的风险和应对措 | | 施 " 部分描述了公司经营中可能面临的风险及公司应对措施，敬请查阅。 | | 公司计划不派发现金红利，不送红 ...

广东韶钢松山股份有限公司 2020 年第一季度报告全文 广东韶钢松山股份有限公司 2020 年第一季度报告 2020 年 04 月 1 广东韶钢松山股份有限公司 2020 年第一季度报告全文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人李世平、主管会计工作负责人谢志雄及会计机构负责人(会计主 管人员)郭利荣声明：保证季度报告中财务报表的真实、准确、完整。 2 广东韶钢松山股份有限公司 2020 年第一季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 | --- | --- | --- | --- | |-----------------------------------------------------|-------------------|-------------------|---------------------------| | □ 是 √ 否 | 本报告 ...

广东韶钢松山股份有限公司 2019 年年度报告全文 广东韶钢松山股份有限公司 2019 年年度报告 2020 年 03 月 1 广东韶钢松山股份有限公司 2019 年年度报告全文 积金转增股本。 第一节重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证年度报告内容的真 实、准确、完整，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。 公司负责人李世平、主管会计工作负责人谢志雄及会计机构负责人(会计主 管人员)郭利荣声明：保证年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本报告的董事会会议。 本年度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。 公司在本报告第四节经营情况讨论与分析中"公司未来发展的展望"部分描 述了公司经营中可能面临的风险及公司应对措施，敬请查阅。 公司经本次董事会审议通过的利润分配预案为：以 2,419,524,410 股为基数， 向全体股东每 10 股派发现金红利 1.5 元（含税），送红股 0 股（含税），不以公 2 广东韶钢松山股份有限公司 2019 年年度报告全文 目录 | ...

广东韶钢松山股份有限公司 2019 年第三季度报告全文 广东韶钢松山股份有限公司 2019 年第三季度报告 2019 年 10 月 1 广东韶钢松山股份有限公司 2019 年第三季度报告全文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人李世平、主管会计工作负责人谢志雄及会计机构负责人(会计主 管人员)郭利荣声明：保证季度报告中财务报表的真实、准确、完整。 2 广东韶钢松山股份有限公司 2019 年第三季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | --- | --- | --- | --- | --- | --- | |---------------------------------------------------------------------------------------------------------------------- ...

广东韶钢松山股份有限公司 2019 年半年度报告全文 广东韶钢松山股份有限公司 2019 年半年度报告 2019 年 08 月 1 广东韶钢松山股份有限公司 2019 年半年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的 真实、准确、完整，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。 公司负责人李世平、主管会计工作负责人张永生及会计机构负责人(会计主 管人员)郭利荣声明：保证本半年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本报告的董事会会议。 公司在本报告第四节经营情况讨论与分析中"十、公司面临的风险和应对措 施"部分描述了公司经营中可能面临的风险及公司应对措施，敬请查阅。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 2 广东韶钢松山股份有限公司 2019 年半年度报告全文 目录 | --- | |---------------------------------------| | | | 第一节 重要提示、目录和释义 . | | 第二节 公司简介和主要财务指标 | | 第三节 公司业务概要 . ...

广东韶钢松山股份有限公司 2019 年第一季度报告全文 广东韶钢松山股份有限公司 2019 年第一季度报告 2019 年 04 月 1 广东韶钢松山股份有限公司 2019 年第一季度报告全文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人刘建荣、主管会计工作负责人张永生及会计机构负责人(会计主 管人员)赖伟东声明：保证季度报告中财务报表的真实、准确、完整。 2 广东韶钢松山股份有限公司 2019 年第一季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 √ 是 □ 否 追溯调整或重述原因 | --- | --- | --- | --- | --- | |-----------------------------------------------------------------------|-------------------|--------------------|- ...

广东韶钢松山股份有限公司 2018 年年度报告全文 广东韶钢松山股份有限公司 2018 年年度报告 2019 年 03 月 1 广东韶钢松山股份有限公司 2018 年年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证年度报告内容的真 实、准确、完整，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。 公司负责人刘建荣、主管会计工作负责人张永生及会计机构负责人(会计主 管人员)赖伟东声明：保证年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本报告的董事会会议。 本年度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。 | --- | --- | |--------------------------------------------------------|-----------------------------| | | | | 公司在本报告第四节经营情况讨论与分析中 " | 公司未来发展的展望 " 部分描 | | 述了公司经营中可能面临的风险及公司应对措施，敬请查阅。 | | | ...

Financial Performance - Operating revenue for the reporting period was CNY 7,249,452,358.51, representing a year-on-year increase of 2.39%[8] - Net profit attributable to shareholders decreased by 10.79% to CNY 1,000,321,776.59 compared to the same period last year[8] - Basic earnings per share were CNY 0.4134, down 10.79% year-on-year[8] - The company reported a net profit of CNY 2,757,075,085.50 for the year-to-date, an increase of 54.02% compared to the previous year[8] - Operating profit rose by 40.31% to ¥2,796,103,241.20, reflecting improved profitability[21] Assets and Liabilities - Total assets at the end of the reporting period were CNY 16,002,268,324.76, a decrease of 10.80% compared to the previous year[8] - Net assets attributable to shareholders increased by 33.53% to CNY 5,681,370,820.19 compared to the previous year[8] - As of September 30, 2018, accounts receivable decreased by 88.3% to ¥92,193,065.16, primarily due to the recovery of long-term receivables from Baotou Shaoguan[18] - Long-term borrowings decreased by 91.3% to ¥126,908,676.73, primarily due to the repayment of loans related to long products[18] - The company experienced a 171.50% increase in asset impairment losses, totaling ¥38,409,431.57, mainly due to increased bad debt provisions[20] Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 3,105,329,492.37, an increase of 100.52%[8] - Cash flow from operating activities increased by 100.52% to ¥3,105,329,492.37, driven by increased profitability and a significant reduction in accounts receivable[23] - The company reported a 43.07% increase in cash outflows for debt repayment, amounting to ¥7,326,745,158.20, influenced by the repayment of loans from Baotou Shaoguan[23] Shareholder Information - The top shareholder, Baowu Group Guangdong Shaoguan Steel Co., Ltd., holds 53.05% of the shares, amounting to 1,283,512,890 shares[12] - The total number of ordinary shareholders at the end of the reporting period was 114,786[12] Research and Development - Research and development expenses increased by 65.96% to ¥191,676,200.79, indicating a focus on new product trials[20] Derivative Investments - The company reported a significant investment in derivatives, totaling 66,907,000 CNY, with a net loss of 1,164,300 CNY during the reporting period[31] - The company has established a risk management framework for its derivative investments, including strict authorization and reporting systems to mitigate risks[32] - The company’s derivative investments are primarily aimed at hedging against currency and interest rate fluctuations, aligning with its operational needs[32] - The company has not engaged in any securities investments during the reporting period[28] - The company has not reported any significant changes in its accounting policies for derivative investments compared to the previous reporting period[32] Operational Challenges - The company’s wholly-owned subsidiary was involved in a bankruptcy liquidation process, indicating potential challenges in its operational structure[30] - The company’s 7th blast furnace resumed normal production, which may positively impact future output[30] - The company has expanded its business scope and modified its articles of association to adapt to market changes[30] Compliance and Governance - There were no overdue commitments from the actual controller, shareholders, or related parties during the reporting period[27] - No violations of external guarantees during the reporting period[35] - No non-operating fund occupation by controlling shareholders or their affiliates during the reporting period[36] - The company received government subsidies during the reporting period, although specific amounts were not disclosed[29]

Financial Performance - The company's operating revenue for the reporting period reached ¥12,120,878,046.52, representing a 12.22% increase compared to the same period last year[17]. - Net profit attributable to shareholders was ¥1,756,753,308.91, marking a significant increase of 162.69% year-on-year[17]. - The net cash flow from operating activities was ¥1,995,019,956.84, a remarkable increase of 3,396.31% compared to the previous year[17]. - Basic earnings per share rose to ¥0.7261, reflecting a 162.70% increase from the same period last year[17]. - The total profit for the period was CNY 1,764,568,482.34, reflecting a growth of 163.85% year-on-year, driven by rising steel prices and improved cost control[35]. - The company achieved a net profit of CNY 1.7568 billion, marking a historical high with a year-on-year increase of 163.85%[31]. - Operating revenue reached CNY 12.121 billion, an increase of 12.22% compared to the previous year, primarily due to rising steel prices[31]. Assets and Liabilities - The total assets at the end of the reporting period were ¥14,744,869,368.65, a decrease of 17.81% from the previous year-end[17]. - The net assets attributable to shareholders increased to ¥4,681,049,043.60, which is a 10.02% increase compared to the previous year-end[17]. - Total liabilities decreased from CNY 13,684,479,474.91 to CNY 10,063,820,325.05, a reduction of approximately 26.5%[134]. - Short-term borrowings decreased from CNY 5,140,298,065.06 to CNY 4,296,838,557.73, a decline of about 16.5%[134]. - Long-term borrowings decreased from CNY 1,463,352,522.89 to CNY 204,141,782.89, a significant reduction of approximately 86.0%[134]. Cash Flow - Cash inflow from financing activities was CNY 3,761,052,830.89, up from CNY 3,034,381,239.32, representing a growth of approximately 23.9%[151]. - Net cash flow from financing activities decreased to -CNY 1,829,854,779.99 from -CNY 235,298,318.42, indicating a decline in financing efficiency[151]. - The ending balance of cash and cash equivalents was CNY 547,881,611.57, down from CNY 652,989,533.47 in the previous period, reflecting a decrease of about 16%[151]. - Cash outflow for purchasing goods and services was CNY 10,468,423,292.72, slightly decreased from CNY 11,042,760,488.06, showing a reduction of about 5.2%[150]. Operational Efficiency - The company continues to focus on cost reduction and efficiency improvements, leading to significant enhancements in production capabilities[32]. - The company is advancing its smart manufacturing initiatives to improve operational efficiency and work environment[32]. - The gross profit margin for steel products was 20.94%, showing an increase of 8.73% compared to the previous year[37]. - The company reported a significant increase in investment activities, with cash outflow for fixed asset purchases rising by 251.96% year-on-year to CNY 713,433,495.60[35]. Market and Sales - The company is actively pursuing market expansion strategies, including potential mergers and acquisitions to enhance its competitive position[51]. - Total sales of steel materials reached 320,978 million, reflecting a significant increase of 61.97% compared to the previous period[82]. - The overall performance in the steel sector showed resilience, with a reported growth of 9.23% in sales volume[79]. - The company plans to enhance its market expansion strategies to capture a larger share of the steel industry[83]. Research and Development - Research and development investment totaled CNY 118,693,963.77, an increase of 33.50% year-on-year, focusing on new product development[35]. - A total of 6,803.29 million was allocated for research and development in the first half of 2018, emphasizing the focus on innovation[79]. - New product development efforts are focused on enhancing energy efficiency and environmental sustainability, with investments in innovative technologies[79]. Risk Management - The company faced risks and has outlined measures to address them in the report[5]. - The company has established a risk warning mechanism to strengthen risk management related to derivative investments[48]. - The company is exposed to currency risks due to the depreciation of the RMB, impacting the cost of imported iron ore, and is implementing hedging strategies[57]. - Environmental risks are being managed through upgrades to pollution control facilities, enhancing the company's ability to meet environmental standards[56]. Safety and Compliance - The company has been penalized for safety violations, including a gas poisoning incident, leading to administrative fines as per the regulations of the Ministry of Emergency Management[68]. - Following two safety incidents, the company has implemented enhanced safety management measures, including upgraded gas operation controls and risk management protocols[70]. - The company has established a daily reporting mechanism for high-risk operations to strengthen process control and ensure safety compliance[71]. Shareholder and Governance - The company held several shareholder meetings with participation rates of 53.76% and 54.52% for the first and annual meetings respectively[60]. - The company’s total shares amount to 2,419,524,410, with 99.99% being unrestricted shares[115]. - The company has a governance structure that includes a shareholders' meeting, a board of directors, and a supervisory board, ensuring compliance with corporate governance standards[173]. Environmental Management - The company completed the carbon emission verification for 2017 on June 11, 2018, as required by the provincial economic and information bureau[105]. - The company has updated its environmental facility management plan, achieving a 100% operational rate for environmental facilities in the first half of 2018[102]. - The company monitored 1,499 pollution factors across 48 wastewater monitoring points and 326 pollution factors across 103 air monitoring points from January 1 to June 30, 2018[104].

Financial Performance - The company's operating revenue for Q1 2018 was CNY 6,106,040,059.56, representing a 15.89% increase compared to CNY 5,268,763,626.37 in the same period last year[8] - Net profit attributable to shareholders reached CNY 858,313,974.47, a significant increase of 410.42% from CNY 168,158,813.19 year-on-year[8] - The net profit after deducting non-recurring gains and losses was CNY 865,452,580.22, up 343.02% from CNY 195,354,725.66 in the previous year[8] - The basic earnings per share increased to CNY 0.3547, reflecting a growth of 410.36% compared to CNY 0.0695 in the same quarter last year[8] - Operating profit surged by 412.18% to ¥857,672,817.96, primarily driven by higher steel gross margins[15] - Net profit increased by 410.42% to ¥858,313,974.47, reflecting the rise in operating profit[15] Assets and Liabilities - The company's total assets at the end of the reporting period were CNY 13,896,925,242.80, a decrease of 3.60% from CNY 14,415,379,972.51 at the end of the previous year[8] - The net assets attributable to shareholders increased by 28.91% to CNY 3,831,855,527.09 from CNY 2,972,561,886.43 at the end of the previous year[8] - Cash and cash equivalents decreased by 58.01% to ¥457,114,520.99 due to increased loan repayments and supplier payments[15] Cash Flow - The net cash flow from operating activities improved to -CNY 99,180,809.48, an 84.55% improvement from -CNY 642,037,421.79 in the same period last year[8] - The company reported a net cash flow from operating activities of -¥99,180,809.48, an improvement of 84.55% compared to the previous year[15] Shareholder Information - The company reported a total of 136,183 common shareholders at the end of the reporting period[11] - The largest shareholder, Baowu Group Guangdong Shaoguan Steel Co., Ltd., held 53.05% of the shares, totaling 1,283,512,890 shares[11] Expenses - Sales expenses rose by 42.89% to ¥74,737,376.87, mainly due to increased transportation and storage costs[15] - Financial expenses decreased by 55.64% to ¥34,203,658.78, attributed to a significant reduction in short-term borrowings and interest expenses[15] Corporate Actions and Governance - The company is actively organizing the resumption of production following a gas leak incident at the No. 7 blast furnace[16] - The company is awaiting shareholder approval for the acquisition of 100% equity in Baote Shaoguan and related transactions[16] - The company’s controlling shareholder is in the process of issuing exchangeable bonds, pending completion[16] - The company did not report any overdue commitments from controlling shareholders or related parties during the reporting period[18] - The company has established a risk warning mechanism and strengthened risk control measures for its derivative investments, including strict authorization and position balance systems[22] - The company conducted forward foreign exchange and currency swap transactions to hedge against exchange rate and interest rate fluctuations, aligning with its operational needs[23] - The company has not engaged in any non-compliant external guarantees during the reporting period[25] - There were no non-operational fund occupations by controlling shareholders or related parties during the reporting period[26] Investor Relations - The company held a series of investor communications and site visits with various institutional investors in March 2018[24]