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。 证券代码：000717 证券简称：中南股份 公告编号：2025-49 广东中南钢铁股份有限公司 关于董事会延期换届的公告 广东中南钢铁股份有限公司（以下简称"公司"）第九届 董事会已届满，鉴于公司换届选举相关工作正在筹备中，为保 证公司董事会工作的连续性及稳定性，公司董事会换届选举工 作将适当延期，公司董事会、董事会各专门委员会、高级管理 人员的任期相应顺延。 在新一届董事会换届选举完成前，公司第九届董事会成员、 董事会各专门委员会成员及高级管理人员将依照法律法规和 《公司章程》等相关规定继续履行相应的职责和义务。公司延 期换届不会影响公司的正常生产经营，公司将根据进展情况及 时履行信息披露义务。 特此公告 广东中南钢铁股份有限公司董事会 2025年11月5日 ...

Group 1 - The core point of the article is that Zhongnan Co., Ltd. reported a decline in revenue and a net loss for the first three quarters of 2025 [1] Group 2 - The company achieved an operating income of 20.007 billion yuan, representing a year-on-year decrease of 13.27% [1] - The net loss attributable to shareholders of the listed company was 67.2424 million yuan [1] - The net loss attributable to shareholders after deducting non-recurring gains and losses was 117 million yuan [1]

Core Points - Zhongnan Co., Ltd. reported a revenue of 20.007 billion yuan for the first three quarters of 2025, representing a year-on-year decrease of 13.27% [1] - The net profit attributable to shareholders of the listed company was -67.2424 million yuan, indicating a loss [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -117 million yuan, with a basic earnings per share of -0.0277 yuan [1]

Market Performance - The steel sector saw a slight increase of 0.2% on October 29, with Xinxing Casting leading the gains [1] - The Shanghai Composite Index closed at 4016.33, up 0.7%, while the Shenzhen Component Index closed at 13691.38, up 1.95% [1] Individual Stock Performance - Xinxing Casting (000778) closed at 4.38, up 2.82% with a trading volume of 1.77 million shares and a transaction value of 770 million [1] - Linggang Co. (600231) closed at 2.32, up 1.75% with a trading volume of 411,400 shares [1] - Liugang Co. (601003) closed at 5.17, up 1.37% with a trading volume of 232,600 shares [1] - Other notable performers include Nanjing Steel (600282) and Maanshan Steel (600808), with increases of 1.35% and 1.28% respectively [1] Fund Flow Analysis - The steel sector experienced a net outflow of 7.6 million from institutional investors and 98.63 million from speculative funds, while retail investors saw a net inflow of 106 million [2] - Xinxing Casting had a net outflow of 29.73 million from institutional investors, while retail investors contributed a net inflow of 6.71 million [3] - Chongqing Steel (601005) saw a net inflow of 25.28 million from institutional investors, indicating strong interest [3]

Company Summary - Zhongnan Co., Ltd. announced on October 29 that it will recognize an asset impairment provision and write off asset losses totaling approximately 167 million yuan, which will impact the company's total profit by the same amount for the first three quarters of 2025 [1] - The amount of the asset impairment provision and asset loss write-off has not been audited by an accounting firm and will be confirmed by the annual audit data [1] - As of the report, Zhongnan Co., Ltd. has a market capitalization of 6.7 billion yuan [1] Revenue Composition - For the first half of 2025, Zhongnan Co., Ltd.'s revenue composition is as follows: 85.56% from steel rolling processing, 7.46% from brand operation in base management, and 6.98% from coking products and other sales [1]

Group 1 - The core point of the article is that Zhongnan Co., Ltd. held a temporary board meeting to discuss the performance evaluation and compensation settlement for the management team for the year 2024 [1] - For the first half of 2025, Zhongnan's revenue composition is as follows: steel rolling industry accounts for 85.56%, brand operation in base management accounts for 7.46%, and coking products and other sales account for 6.98% [1] - As of the report, Zhongnan's market capitalization is 6.7 billion yuan [1] Group 2 - The A-share market has surpassed 4000 points, marking a significant resurgence after ten years of stagnation, with technology leading the market's transformation [1] - A new "slow bull" market pattern is emerging, indicating a shift in market dynamics [1]

证券代码：000717 证券简称：中南股份 公告编号：2025-47 广东中南钢铁股份有限公司 根据《企业会计准则》及公司相关会计制度，公司基于应收 账款的信用风险特征，如果该金融工具的信用风险自初始确认后 已显著增加，本公司按照相当于该金融工具整个存续期内预期信 用损失的金额计量其损失准备；如果该金融工具的信用风险自初 始确认后并未显著增加，本公司按照相当于该金融工具未来 12 个月内预期信用损失的金额计量其损失准备。由此形成的损失准 备的增加或转回金额，作为减值损失或利得计入当期损益。 关于计提资产减值准备及核销资产的公告 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"或"本公司"） 于2025年10月29日召开第九届董事会2025年第七次临时会议， 会议审议通过了公司《关于计提资产减值准备及核销资产的议 案》，具体情况如下： 一、本次计提资产减值准备及资产处置概述 根据《企业会计准则》及公司相关会计制度的规定，为更加 真实、准确地反映公司截至 2025 年 9 月 30 日的资产状况和财务 状况，公司对存在减值迹象 ...

证券代码：000717 证券简称：中南股份 公告编号：2025-48 广东中南钢铁股份有限公司 （四）公司董事长解旗先生主持了会议，公司高级管理人员 列席了会议。 （五）会议的召集、召开符合有关法律、法规和公司章程的 规定。 第九届董事会 2025 年第七次临时会议决议公告 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。 一、董事会会议召开情况 （一）广东中南钢铁股份有限公司（以下简称"公司"或"本 公司"）董事会于 2025 年 10 月 27 日向全体董事及高级管理人 员以专人送达、电子邮件或传真方式发出了会议通知及相关材 料。 （二）公司第九届董事会 2025 年第七次临时会议于 2025 年 10 月 29 日以通讯方式召开。 （三）本次董事会会议应出席的董事 7 人，实际出席会议的 董事 7 人。 二、董事会会议审议情况 经会议审议并表决，作出如下决议： （一）会议以 7 票同意，0 票反对，0 票弃权，审议通过了 第 1 页 共 2 页 公司 2025 年第三季度报告。 具体内容详见 2025 年 10 月 30 日在巨潮资讯网上披露的公 司 2025 ...

Group 1 - The core point of the article is that Zhongnan Co., Ltd. reported a revenue of 7.181 billion yuan in the third quarter, representing a year-on-year increase of 5.81% [1] - The net profit for the third quarter was a loss of 72.5329 million yuan, which is an increase in loss of 81.95% year-on-year [1] - For the first three quarters, the total revenue was 20.007 billion yuan, showing a year-on-year decline of 13.27% [1] Group 2 - The net profit for the first three quarters was a loss of 67.2424 million yuan, reflecting an increase in loss of 92.10% year-on-year [1]

Financial Performance - The company's operating revenue for Q3 2025 was ¥7,180,778,550, representing a year-on-year increase of 5.81%[2] - The net profit attributable to shareholders was -¥72,532,880.06, a decrease of 81.95% compared to the same period last year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥78,526,209.85, down 80.95% year-on-year[2] - The company's basic earnings per share for Q3 2025 were -¥0.0299, a decrease of 81.97% year-on-year[2] - The company's weighted average return on equity was -0.92%, a decrease of 3.83% compared to the previous year[2] - Net profit for the period was a loss of ¥67,242,386.73, compared to a loss of ¥850,786,327.51 in the previous period, indicating an improvement in financial performance[15] - Basic and diluted earnings per share improved to -0.0277 from -0.3510, reflecting a significant reduction in losses per share[16] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥1,286,689,378.25, an increase of 151.47% compared to the previous year[2] - Operating cash flow net amount increased significantly to ¥1,286,689,378.25 from ¥511,675,019.78, showing a year-over-year increase of approximately 151.5%[17] - Cash inflow from operating activities totaled ¥21,200,467,331.83, down from ¥23,646,750,581.20, a decrease of approximately 10.4% year-over-year[17] - The company reported a significant increase in investment activity cash inflow to ¥659,761,324.24 from ¥248,968,643.53, an increase of approximately 165.5% year-over-year[17] - Net cash flow from investing activities was -$538.43 million, an improvement from -$1.01 billion in the previous period[18] - Cash inflow from financing activities totaled $1.60 billion, compared to $932.67 million last year[18] - Cash outflow for debt repayment was $1.83 billion, significantly higher than $582.40 million in the prior period[18] - The net increase in cash and cash equivalents was $397.04 million, contrasting with a decrease of $310.63 million last year[18] - The ending balance of cash and cash equivalents reached $1.01 billion, up from $610.72 million in the previous year[18] Assets and Liabilities - Total assets at the end of Q3 2025 were ¥20,008,516,551.04, a decrease of 1.58% from the end of the previous year[2] - The company's total liabilities decreased by 53.90% for current non-current liabilities due within one year, reflecting a reduction in short-term borrowings[7] - Total current assets increased to ¥4,233,803,321.16 from ¥3,738,057,414.87, representing a growth of approximately 13.3%[10] - Total current liabilities decreased to ¥9,708,626,448.86 from ¥10,417,375,690.56, a decline of approximately 6.8%[11] - Long-term borrowings increased to ¥1,741,830,000.00 from ¥1,260,480,000.00, an increase of about 38.1%[11] - The total liabilities decreased slightly to ¥12,166,409,134.25 from ¥12,422,111,039.36, a reduction of approximately 2.1%[12] - The total equity attributable to shareholders decreased to ¥7,842,107,416.79 from ¥7,908,448,831.62, a decline of about 0.8%[12] Investment and Shareholder Information - The company's investment income increased by 180.35% year-on-year, reaching ¥29,914,099.91, primarily due to increased long-term equity investment returns[7] - The company's cash flow from investing activities showed a net outflow of -¥538,427,103.88, a decrease of 46.50% compared to the previous year, mainly due to reduced fixed asset investments[7] - Total number of common shareholders at the end of the reporting period is 90,834[8] - The largest shareholder, Baowu Group Central South Steel Co., Ltd., holds 52.95% of shares, totaling 1,283,512,890 shares[8] Research and Development - Research and development expenses decreased to ¥335,132,651.42 from ¥421,453,977.99, a decline of about 20.5% year-over-year[15] - The company has not reported any new product developments or market expansion strategies in the current period[9] Operating Costs - Total operating revenue decreased to ¥20,006,752,773.10 from ¥23,067,272,023.79, representing a decline of approximately 13.5% year-over-year[14] - Total operating costs also decreased to ¥20,006,288,085.53 from ¥24,186,883,136.49, a reduction of about 17.2% year-over-year[14] - Inventory decreased to ¥1,570,292,494.63 from ¥1,690,554,022.94, a decline of approximately 7.1%[10]