| 股票代码：000761 | 200761 | 股票简称：本钢板材 | 本钢板 B | 编号：2025-063 | | --- | --- | --- | --- | --- | | 债券代码：127018 | | 债券简称：本钢转债 | | | 一、本次变更项目合伙人及签字注册会计师情况 立信作为公司 2025 年度会计审计机构及内部控制审计机构，原 指派王红娜为公司项目合伙人及签字注册会计师，付羊意为签字注册 会计师。鉴于立信内部工作安排等原因，王红娜不再为公司提供 2025 年度审计服务，现委派郭顺玺接替王红娜作为项目合伙人及签字注册 会计师，变更后公司 2025 年度审计项目合伙人为郭顺玺，签字注册 会计师为郭顺玺、付羊意。 二、本次变更人员基本信息 郭顺玺先生不存在违反《中国注册会计师执业道德守则》有关独 立性要求的情形，近三年未因执业行为受到刑事处罚，未受到证监会 及其派出机构、行业主管部门的行政处罚、监督管理措施，未受到证 券交易场所、行业协会等自律组织的自律监管措施、纪律处分。 本钢板材股份有限公司 关于变更 2025 年度审计项目合伙人及签字注册会计师公告 本公司及董事会全体成员保证信息披 ...

（来源：本钢板材） 【编者按】 当前钢铁行业进入以全面贯彻新发展理念、大力发展新质生产力、着力推动高质量发展为主题主线的深 度调整期。面对机遇与挑战共存的形势，板材公司党委充分发挥各级党组织政治功能和组织功能，聚 焦"形势怎么看、任务怎么干、责任怎么担"这一主题，在全公司范围内深入开展"大讨论"。为推进大讨 论走深走实，"本钢板材"微信公众号开设"大讨论"专栏，从各单位党委、各支部、各作业区、各班组等 多个维度反映各单位大讨论活动的进展情况和取得的工作实效，旨在认清严峻形势，直面困难挑战，坚 定发展信心，形成全员合力，以"破釜沉舟要生存，涅槃重生求发展"的决心，迅速摆脱企业被动局面， 全力打赢全年生产经营"翻身仗"。本期为板材热连轧厂党委持续推进大讨论取得阶段性成果报道，敬请 关注。 在市场竞争中锻造优势 该厂党委始终将质量管理摆在重要位置，各基层党组织针对各类质量缺陷精准施策，建立质量返工品缺 陷日跟踪、日分析闭环机制，有效减少返工量，实现质量损失同比降低30%，原品种一次合格率连续十 个月达标。精整工序聚焦钢卷缺陷切除、减少机组挫伤切废等关键环节提质。1700生产工序优化卷取导 尺巡边参数，将行程调至5m ...

本文为证券时报·中国资本市场研究院出品的【公司研究】系列之《本钢板材：获多家汽车厂商认证！ 业绩减亏成效显著》 公司成本管控显著优化，面对严峻复杂的市场形势，公司采取有效减亏举措，在产品端加大研发与生产 力度，缩小与头部企业的产品竞争力差距；通过差异化产品提高售价与毛利率；采购端持续降低采购成 本，稳步实施择机采购、品种替代、量价优惠，科学制定经济库存；销售端探索区域合作，扩大就近销 售半径，减少跨区域运输成本；运营端推进生产流程智能化改造，通过精细化管理优化人员与设备效 率，提升产能利用率。 "反内卷"改变行业供需错配格局。在当前宏观经济增速放缓与产业结构深度调整的背景下，钢铁行业正 深陷"供给过剩—价格承压—成本刚性—减产迟滞—供需恶化"的负向循环中。今年以来，"反内卷"政策 体系加速构建，在政策和行业的积极引导下，通过"产能硬约束+产量动态调控"组合拳，破解供需失衡 困局。 华创证券认为，"十五五"期间的行业"反内卷"核心是在更为清晰的行业标准制度引领下，优化存量供给 结构。同时或将对行业违规项目进行查处，进一步减少市场实际的供给总量，进而实现行业有序竞争， 供给合理匹配需求端的变化，行业景气度有望在政 ...

Core Viewpoint - The company is potentially facing a downward adjustment of the conversion price for its convertible bonds due to its stock price falling below a specified threshold over a consecutive trading period [2][9]. Group 1: Convertible Bond Issuance - The company issued 68 million convertible bonds with a total value of 6.8 billion yuan, which began trading on August 4, 2020 [3]. - The initial conversion price was set at 5.03 yuan per share, with the conversion period running from January 4, 2021, to June 28, 2026 [3]. Group 2: Conversion Price Adjustments - The conversion price has been adjusted multiple times due to the company's equity distribution plans, currently standing at 3.95 yuan per share as of the latest announcement [4][5]. - Adjustments occurred on July 19, 2021 (to 5.02 yuan), October 13, 2021 (to 4.55 yuan), and June 16, 2022 (to 3.95 yuan) [4]. Group 3: Downward Adjustment Conditions - The company’s board has the authority to propose a downward adjustment of the conversion price if the stock price falls below 85% of the current conversion price for at least ten out of twenty consecutive trading days [7]. - If the conditions for a downward adjustment are met, the company will hold a board meeting to decide on the adjustment and disclose the decision promptly [9].

| 股票代码：000761 | 200761 | 股票简称：本钢板材 | 本钢板 B | 编号：2025-062 | | --- | --- | --- | --- | --- | | 债券代码：127018 | | 债券简称：本钢转债 | | | 本钢板材股份有限公司 关于预计触发本钢转债转股价格向下修正条件的提示性公 告 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。 特别提示： 2.债券代码：127018，债券简称：本钢转债 3.转股价格：3.95 元/股 4.转股期限：2021 年 1 月 4 日至 2026 年 6 月 28 日 5.根据《本钢板材股份有限公司公开发行 A 股可转换公司债券募 集说明书》的约定，在本次发行的可转债存续期间，当公司 A 股股票 在任意连续二十个交易日中至少有十个交易日的收盘价低于当期转 股价格的 85%时，公司董事会有权提出转股价格向下修正方案并提交 公司股东会审议表决。 自 2025 年 11 月 25 日至 2025 年 12 月 1 日，公司股票在连续 20 个交易日中已满 5 个交易日的收盘价低于当期转股价格的 ...

本钢板材公告，自2025年11月25日至2025年12月1日，公司股票在连续20个交易日中已满5个交易日的收 盘价低于当期转股价格的85%，预计可能触发转股价格向下修正条件。若触发转股价格修正条件，公司 将按照深圳证券交易所相关规定及募集说明书的约定及时履行后续审议程序和信息披露义务。 ...

Core Viewpoint - The report highlights the growth in China's medium and thick wide steel plate production, indicating a positive trend in the industry with a year-on-year increase in output. Industry Summary - As of September 2025, China's medium and thick wide steel plate production reached 18.27 million tons, reflecting a year-on-year growth of 6.5% [1] - Cumulatively, from January to September 2025, the total production of medium and thick wide steel plates in China was 169.478 million tons, marking a cumulative increase of 4.5% [1] Company Summary - The report mentions several listed companies in the steel industry, including Baosteel Co., Ltd. (600019), Ansteel Co., Ltd. (000898), Shougang Co., Ltd. (000959), and others, indicating their relevance in the medium and thick wide steel plate market [1]

Core Points - The steel sector experienced a rise of 0.97% on November 28, with Wujin Stainless Steel leading the gains [1] - The Shanghai Composite Index closed at 3888.6, up 0.34%, while the Shenzhen Component Index closed at 12984.08, up 0.85% [1] Group 1: Stock Performance - Wujin Stainless Steel (603878) closed at 10.54, with a significant increase of 10.02% and a trading volume of 243,200 shares, amounting to a transaction value of 248 million yuan [1] - Other notable performers include: - Sansteel Minguang (002110) at 4.37, up 3.55% with a trading volume of 250,600 shares, totaling 108 million yuan [1] - Sijiang Steel (600808) at 3.91, up 2.36% with a trading volume of 469,300 shares, totaling 181 million yuan [1] - Shougang Group (000959) at 4.15, up 2.22% with a trading volume of 353,600 shares, totaling 146 million yuan [1] Group 2: Capital Flow - The steel sector saw a net inflow of 83.03 million yuan from main funds, while retail investors experienced a net outflow of 40.77 million yuan [3] - The overall capital flow indicates a mixed sentiment among retail investors, contrasting with the positive movement from institutional investors [3]

Core Insights - The steel sector experienced a slight decline of 0.0% on November 24, with Sansteel Mingguang leading the losses [1] - The Shanghai Composite Index closed at 3836.77, up 0.05%, while the Shenzhen Component Index closed at 12585.08, up 0.37% [1] Steel Sector Performance - Major steel stocks showed mixed performance, with notable gainers including: - Maanshan Iron & Steel (600808) at 3.87, up 2.11% with a trading volume of 562,600 shares and a turnover of 217 million yuan - Nanjing Steel (600282) at 5.60, up 1.63% with a trading volume of 401,900 shares and a turnover of 225 million yuan - Wujin Stainless Steel (603878) at 9.43, up 1.51% with a trading volume of 137,400 shares and a turnover of 128 million yuan [1] - Conversely, Sansteel Mingguang (002110) fell to 4.21, down 2.09% with a trading volume of 242,500 shares and a turnover of 103 million yuan [2] Capital Flow Analysis - The steel sector saw a net inflow of 120 million yuan from institutional investors, while retail investors experienced a net outflow of 131 million yuan [2] - Specific stock capital flows included: - Baogang Group (600010) with a net outflow of 57.72 million yuan from institutional investors - Chongqing Steel (601005) with a net inflow of 29.54 million yuan from institutional investors [3] - Retail investors showed a net inflow of 11.73 million yuan overall, indicating a mixed sentiment in the market [2]

Core Viewpoint - The company plans to engage in an asset swap with Benxi Steel, involving the acquisition of 100% equity in Benxi Steel (Group) Mining Co., Ltd. and the divestment of all assets and liabilities except for retained assets and liabilities, with the difference to be compensated in cash [1] Group 1 - The transaction proposal requires further verification and negotiation, with the scope of the target assets and transaction price yet to be finalized [1] - There is a possibility that the transaction may be adjusted, suspended, or canceled, pending the determination of related matters [1] - The company will convene another board meeting to review the transaction once the relevant details are confirmed [1]