证券代码：000717 证券简称：中南股份 公告编号： 2025-41 广东中南钢铁股份有限公司 关于挂牌转让参股公司部分股权及放弃优先购 买权暨关联交易的进展公告 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、交易概况 二、交易进展 2025 年 1 月 21 日，公司将持有的宝氢科技 24.5%股权在上 海联合产权交易所公开挂牌转让，因自首次挂牌后一直未能征得 意向方报名，按照《企业国有资产交易操作规则》的规定，2025 年 4 月 25 日，公司对拟转让股权降价 10%后再挂牌。截至挂牌 公告期满，公司仅征得一家意向方，为广东云韬氢能科技有限公 司、广州白云新能源科技有限公司、广州云灵投资有限公司组建 的三方联合体。该意向受让方符合受让资格，并缴纳了 1100 万 元保证金。具体见公司 2025 年 6 月 24 日披露的《关于挂牌转让 参股公司部分股权及放弃优先购买权暨关联交易的进展公告》 （公告编号：2025-27）。 2025 年 7 月 11 日，公司与宝武清能和该意向受让方签署产 权交易合同，确定该意向受让方为本次交易标的的受让方。2025 ...

为进一步加强与投资者的互动交流，广东中南钢铁股份有限 公司（以下简称"公司"）将参加由广东证监局、广东上市公司 协会与深圳市全景网络有限公司联合举办的"2025 年广东辖区 投资者集体接待日暨辖区上市公司中报业绩说明会"，现将相关 事项公告如下： 本次活动将采用网络远程的方式举行，投资者可登录"全景 路演"网站（http://rs.p5w.net），或关注微信公众号：全景 财经，或下载全景路演 APP,参与本次互动交流，活动时间为 2025 年 9 月 19 日（周五）15:30-17:00。届时公司董事、总裁兰银先 生、董事会秘书刘二先生、财务负责人王燊先生就公司 2025 年 半年度业绩、公司治理、发展战略、经营状况等投资者关心的问 题，与投资者进行沟通与交流，欢迎广大投资者踊跃参与！ 特此公告 证券代码：000717 证券简称：中南股份 公告编号： 2025-42 广东中南钢铁股份有限公司 关于参加 2025 年广东辖区投资者集体接待日 暨辖区上市公司中报业绩说明会的公告 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，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董事会 202 ...

Core Viewpoint - Zhongnan Steel Co., Ltd. has experienced fluctuations in stock price and trading volume, with a notable increase in net profit year-on-year despite a decrease in revenue [1][2]. Group 1: Stock Performance - On September 15, Zhongnan's stock price fell by 2.04% to 2.88 CNY per share, with a trading volume of 65.89 million CNY and a turnover rate of 0.93%, resulting in a total market capitalization of 6.981 billion CNY [1]. - Year-to-date, Zhongnan's stock price has increased by 5.88%, with a 1.05% rise over the last five trading days, 2.13% over the last 20 days, and 21.01% over the last 60 days [1]. Group 2: Financial Performance - For the first half of 2025, Zhongnan reported operating revenue of 12.826 billion CNY, a year-on-year decrease of 21.22%, while net profit attributable to shareholders was 5.2905 million CNY, reflecting a year-on-year increase of 101.18% [2]. - The company has distributed a total of 2.771 billion CNY in dividends since its A-share listing, with 72.715 million CNY distributed over the past three years [3]. Group 3: Shareholder Information - As of June 30, 2025, Zhongnan had 100,900 shareholders, a decrease of 4.51% from the previous period, with an average of 24,021 shares held per shareholder, an increase of 4.72% [2]. - The second-largest shareholder is Hong Kong Central Clearing Limited, holding 29.9785 million shares, an increase of 18.0173 million shares from the previous period [3].

Core Viewpoint - Zhongnan Co., Ltd. has shown a mixed performance in stock price and financial metrics, with a notable increase in net profit despite a decline in revenue [1][2]. Financial Performance - As of June 30, 2025, Zhongnan Co., Ltd. reported a revenue of 12.826 billion yuan, a year-on-year decrease of 21.22% [2]. - The company achieved a net profit attributable to shareholders of 5.2905 million yuan, marking a significant year-on-year increase of 101.18% [2]. - Cumulative cash dividends since the A-share listing amount to 2.771 billion yuan, with 72.7154 million yuan distributed over the past three years [3]. Stock Market Activity - On September 9, 2023, Zhongnan's stock price increased by 2.11%, reaching 2.91 yuan per share, with a trading volume of 73.1618 million yuan [1]. - The stock has experienced a year-to-date increase of 6.99%, a 2.11% rise over the last five trading days, a 2.02% decline over the last 20 days, and a 19.75% increase over the last 60 days [1]. - The company has a total market capitalization of 7.053 billion yuan [1]. Shareholder Structure - As of June 30, 2025, the number of shareholders decreased by 4.51% to 100,900, while the average number of tradable shares per person increased by 4.72% to 24,021 shares [2]. - The second-largest shareholder is Hong Kong Central Clearing Limited, holding 29.9785 million shares, an increase of 18.0173 million shares from the previous period [3]. - The sixth-largest shareholder, Guotai Junan CSI Steel ETF, reduced its holdings by 1.5315 million shares to 4.4938 million shares [3].

Group 1: Company Capacity and Production - The company's total production capacity is 8 million tons, with 3 blast furnaces and 5 converters [1] - The annual production capacity includes 1.8 million tons of wire rods, 2.98 million tons of rebar, and 1.35 million tons of medium-thick plates [1] - The joint venture with JFE has 2 special steel rod production lines with an annual capacity of 1.18 million tons [1] Group 2: Main Products and Applications - Main products include rebar, medium-thick plates, and wire rods, primarily used in construction and infrastructure [2] - Rebar is widely used in civil engineering projects such as buildings, bridges, and roads [2] - Wire rods are utilized in manufacturing fasteners and components for automotive and electrical machinery [2] Group 3: Environmental Initiatives - The company completed a comprehensive ultra-low emission transformation assessment in April 2024, with an investment of 3.3 billion CNY, including 400 million CNY for clean transportation [2] Group 4: Financial Performance and Dividends - The company reported a significant increase in sales volume and a decrease in costs in Q2, recovering from a production drop due to maintenance in Q1 [2] - Dividend history includes 1.5 CNY per share in 2019, 2 CNY per share in 2020 and 2021, and 0.3 CNY per share in 2022 despite losses, totaling 1.404 billion CNY in recent years [2] - Future dividend plans will be developed in accordance with regulatory guidelines for 2026-2028 [2]

Market Performance - On September 5, the general steel sector rose by 0.55% compared to the previous trading day, with Benxi Steel leading the gains [1] - The Shanghai Composite Index closed at 3812.51, up 1.24%, while the Shenzhen Component Index closed at 12590.56, up 3.89% [1] Individual Stock Performance - Benxi Steel (000761) closed at 3.68, up 2.51% with a trading volume of 189,800 shares and a transaction value of 69.31 million yuan [1] - Other notable performers include: - Hualing Steel (000932) at 5.90, up 1.90% with a trading volume of 744,000 shares [1] - Liugang (601003) at 5.62, up 1.81% with a trading volume of 258,500 shares [1] - Sijiang Steel (600808) at 3.58, up 1.70% with a trading volume of 724,300 shares [1] Capital Flow Analysis - The steel sector experienced a net outflow of 83.49 million yuan from institutional investors, while retail investors saw a net inflow of 191 million yuan [2] - The capital flow for individual stocks shows: - New Steel (600782) had a net inflow of 23.35 million yuan from institutional investors [3] - Hebei Steel (000709) had a net inflow of 22.33 million yuan from institutional investors [3] - Chongqing Steel (601005) had a net inflow of 22.06 million yuan from institutional investors [3]

Group 1: Revenue and Market Conditions - The company's revenue decline is primarily due to weak demand recovery in downstream industries, leading to a continued drop in domestic steel prices year-on-year [2] - The overall steel industry is characterized by strong supply, weak demand, and low prices, impacting the company's sales volume and revenue [2][3] - In 2024, the company exported to Israel, with sales revenue accounting for 0.60% of the total revenue [3] Group 2: Strategic Initiatives and Future Outlook - The company has implemented operational improvement measures focusing on cost reduction and efficiency, including a strict cost management system and expense reduction initiatives [3] - Future business development will emphasize enhancing production line efficiency, energy utilization, and logistics efficiency to improve competitiveness [3] - The company aims to maintain steel as its core business while optimizing product strategies to enhance market competitiveness [3] Group 3: Management's Response to Investor Queries - Management expressed gratitude for investor interest and provided insights into the company's strategies for navigating current market challenges [2][3] - The company is committed to a strategy of "surviving and thriving," focusing on sustainable operational practices [3] - No undisclosed significant information was involved in this investor relations activity [3]

Core Viewpoint - The report highlights a decline in the export value of China's black metal smelting and rolling industry, indicating potential challenges for companies in this sector [1]. Industry Summary - In July 2025, the export value of China's black metal smelting and rolling industry was 15.98 billion yuan, a year-on-year decrease of 1.2% [1]. - From January to July 2025, the cumulative export value reached 116.06 billion yuan, reflecting a year-on-year decline of 1.3% [1]. - The report provides a comprehensive market survey and investment outlook for the black metal mining and selection industry in China from 2025 to 2031 [1]. Company Summary - Listed companies mentioned include CITIC Special Steel, Hebei Steel, Zhongnan Co., Benxi Steel, Sansteel Minguang, Jiuli Special Materials, Jinzhu Pipeline, Changbao Co., Shengde Xintai, Anyang Steel, Bayi Steel, New Steel, and Maanshan Steel [1].

Group 1 - The board meeting of Guangdong Zhongnan Steel Co., Ltd. was held on August 29, 2025, with all six directors present [1] - The chairman, Wu Kunzong, resigned due to work reasons, and the vice chairman, Lai Xiaomin, presided over the meeting [1] - The board approved the proposal for the election of a new director with unanimous support [2] Group 2 - The board approved the proposal to change the business scope and amend the articles of association, which will require a special resolution at the shareholders' meeting [2] - The board approved the revision of the rules for shareholder meetings, which will also be submitted for shareholder approval [2] - The board approved the revision of the rules for board meetings, pending shareholder review [2] Group 3 - The board approved the revision of the independent director system, which will be submitted for shareholder approval [3] - The board approved the revision of various corporate governance-related systems, including information disclosure management and internal control management [4] - The board approved the establishment of a director resignation management system, which will also be disclosed to shareholders [4] Group 4 - The shareholders' meeting is scheduled for September 17, 2025, to discuss the approved proposals [4]

Meeting Details - The supervisory board of Guangdong Zhongnan Steel Co., Ltd. convened its third temporary meeting of the ninth session on August 29, 2025, with all three supervisors present [1][2] - The meeting was chaired by Mr. Kuang Gaofeng and complied with relevant laws, regulations, and the company's articles of association [1] Resolutions Passed - The supervisory board unanimously approved the proposal to change the business scope and amend the company's articles of association, with 3 votes in favor, 0 against, and 0 abstentions [1] - The proposal will be submitted to the shareholders' meeting for approval and requires a special resolution [1]