Group 1: Company Financing and Costs - The company’s non-public offering of shares was approved by the China Securities Regulatory Commission on June 13, 2017, but the written approval has not yet been received [2] - Approximately 50% of the iron concentrate is purchased from the parent company, with pricing based on a contract that considers the average import price from Brazil or Australia [3] - The company’s debt-to-asset ratio was 74.53% at the end of Q1 2017, a decrease of 0.98% from the beginning of the year [3] Group 2: Market Conditions and Strategic Measures - The continuous rise in the futures market indicates market confidence, which is expected to support the current steel prices [3] - The company plans to implement comprehensive cost reduction measures, including strict control of expenses and inventory reduction [4] - Future strategies include enhancing technological innovation and increasing the development of high-value-added products to improve product efficiency [4]

Group 1: Company Overview - The main business activities of Benxi Steel Plate Co., Ltd. include steel smelting, rolling processing, power generation, coal chemical, special steel profiles, railway, import and export trade, research, and product sales. The company has established over 60 varieties and 7,500 specifications of products, with over 80% being high value-added and high-tech content products [2][3]. Group 2: Production Capacity - The company has an annual production capacity of 15.95 million tons of pig iron, 6.17 million tons of cold-rolled materials, 12.8 million tons of crude steel, and 1.4 million tons of special steel [2][3]. Group 3: Revenue Distribution - The revenue distribution shows that the Northeast region (Liaoning, Jilin, Heilongjiang) accounts for approximately 40% of total revenue, while the East China region (Shandong, Shanghai, Zhejiang, Jiangsu, Anhui, Jiangxi, Fujian) also contributes around 40% [3]. Group 4: Industry Competition - There is a competitive overlap with Ansteel Co., Ltd. in products such as hot-rolled plates, cold-rolled plates, and galvanized plates, particularly in the Northeast and East China regions. The company is addressing this competition through asset restructuring, business adjustments, and entrusted management [3]. Group 5: Financial Impact of Convertible Bonds - The company has a convertible bond balance of 5.6 billion yuan. The interest payment for the second year is 8.00 yuan per 10 bonds (face value 1,000 yuan), which is similar to the previous year's interest, indicating no significant change in financial expenses [3]. Group 6: Market Demand and Supply - Recent high-frequency data indicates an improvement in overall steel demand. However, the first half of the year saw increased production but lower-than-expected demand due to real estate weakness and pandemic disruptions, leading to slow inventory depletion [3][4]. Group 7: Raw Material Prices - Coal prices remained high in the first half of the year, impacting overall profit levels. However, prices have started to decline since late June, and the company anticipates a continued downward trend in coal prices in the second half of the year [3][4]. Group 8: Industry Outlook - The steel industry is currently in a low point, with short-term improvements expected. However, challenges remain due to the pandemic and the Russia-Ukraine conflict, leading to global economic inflation and tightening monetary policy, which may affect the steel market outlook for the second half of the year and beyond [4].

股票代码：000761 200761 股票简称：本钢板材 本钢板 B 债券代码：127018 债券简称：本钢转债 本钢板材股份有限公司投资者关系活动记录表 编号：2022-04 | --- | --- | --- | |-------------------------|-----------------------------|-----------------------------------------------------------------------------------------------------------| | | | | | 投资者关系活动 | | □特定对象调研 □分析师会议 | | 类别 | | □媒体采访 □业绩说明会 | | | □新闻发布会 | □路演活动 | | | □现场参观 | 其他 （策略会） | | 参与单位名称及 人员姓名 | 华安证券-许勇其、市场投资者 | | | 时间 2022 | 年 6 月 16 日 | 10：00-11：00 | | 地点 | | | | 上市公司接待人 员姓名 | 蒋晓豫、陈立文 | | | | 1. 公司介绍 | | ...

股票代码：000761 200761 股票简称：本钢板材 本钢板 B 债券代码：127018 债券简称：本钢转债 本钢板材股份有限公司投资者关系活动记录表 编号：2022-03 | --- | --- | --- | |-------------------------|----------------------------------|------------------------------------------------------------| | | | | | 投资者关系活动 | □特定对象调研 □分析师会议 | | | 类别 | □媒体采访 □业绩说明会 | | | | □新闻发布会 | □路演活动 | | | □现场参观 | 其他（电话会议） | | 参与单位名称及 人员姓名 | 华安证券-许勇其 | | | 时间 2022 | 年 5 月 31 日 | 10：00-10：30 | | 地点 | | | | 上市公司接待人 员姓名 | 沈杰 | | | | 1. 主要业务 、主要产品及其用途？ | 报告期内公司所从事的主要业务有钢铁冶炼、压延加工、发电、 | | | | 煤化工、特钢型 ...

股票代码：000761 200761 股票简称：本钢板材 本钢板 B 债券代码：127018 债券简称：本钢转债 本钢板材股份有限公司投资者关系活动记录表 编号：2022-05 | --- | --- | --- | --- | --- | --- | --- | |----------------|-----------------------------------|--------------------------------------------------------|--------------------|-------|--------|--------| | | | | | | | | | 投资者关系活动 | □特定对象调研 □分析师会议 | | | | | | | 类别 | □媒体采访 □业绩说明会 □新闻发布会 | □路演活动 | | | | | | | □现场参观 | 其他 | （策略会） | | | | | | | 中信证券-唐川林 中信建投证券-王慧娴、肖凡 | | | | | | 参与单位名称及 | 国寿养老-李迟 农银汇理-胥乔 | | | | | | | 人员姓名 | 英 ...

Group 1: Company Overview - The main business activities include steel smelting, processing, power generation, coal chemical industry, special steel profiles, railway, import and export trade, research, and product sales [3] - The company has established a premium steel base with over 60 varieties and more than 7,500 specifications, with high value-added and high-tech products accounting for over 80% [3] Group 2: Financial Performance and Dividends - In 2021, the company had a significant dividend payout, and it plans to maintain the dividend ratio based on actual operating conditions in 2022 [3] - The company's sales from exports account for approximately 10% of total revenue, and the impact of export declines is considered manageable [3] Group 3: Market and Competition - The company is addressing the issue of competition with Ansteel Group, committing to resolve it within five years through asset restructuring and business adjustments [2] - The pricing of iron ore is based on the Platts 65% index average, with adjustments made monthly [2] Group 4: Investor Relations and Stock Performance - The company is focused on enhancing shareholder rights and governance capabilities, with no current plans for stock buybacks despite low stock prices [3] - The company is actively expanding sales channels to cope with market challenges, particularly in light of fluctuating demand [3] Group 5: Raw Material Prices - Coking coal prices have been rising due to various factors, but the market is expected to stabilize as supply and demand balance out [3]

股票代码：000761 200761 股票简称：本钢板材 本钢板 B 债券代码：127018 债券简称：本钢转债 本钢板材股份有限公司投资者关系活动记录表 编号：2022-07 | --- | --- | --- | --- | |-------------------------|---------------------------------------------------------------------------------------------|------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

股票代码：000761 200761 股票简称：本钢板材 本钢板 B 债券代码：127018 债券简称：本钢转债 本钢板材股份有限公司投资者关系活动记录表 编号：2022-09 | --- | --- | --- | |-------------------------|------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

Financial Performance - The company's operating revenue for the first half of 2022 was approximately ¥35.02 billion, a decrease of 9.26% compared to ¥38.59 billion in the same period last year[27]. - Net profit attributable to shareholders was approximately ¥561.74 million, down 74.57% from ¥2.21 billion in the previous year[27]. - The net cash flow from operating activities was approximately ¥227.45 million, a significant decline of 85.08% compared to ¥1.52 billion in the same period last year[27]. - Basic earnings per share decreased by 75.44% to ¥0.14 from ¥0.57 in the previous year[27]. - Total assets at the end of the reporting period were approximately ¥47.02 billion, down 14.74% from ¥55.15 billion at the end of the previous year[27]. - The company's net assets attributable to shareholders were approximately ¥20.63 billion, a decrease of 8.32% from ¥22.50 billion at the end of the previous year[27]. - The weighted average return on equity was 2.60%, down from 9.98% in the previous year, reflecting a decline of 7.38%[27]. - The company's cash and cash equivalents decreased by 67.55% to ¥-1,548,625,764.97 from ¥-4,771,963,480.21, indicating liquidity challenges[50]. - The gross profit margin for the industrial sector was 4.68%, down 5.68% year-on-year, reflecting the impact of reduced revenue[53]. - The company reported a net profit of CNY 13,992,870 during the reporting period, indicating a challenging market environment due to reduced demand and increased competition[76]. Production and Operations - In the first half of 2022, the company produced 4.95 million tons of pig iron, a decrease of 210,000 tons or 4.07% year-on-year[37]. - The crude steel output was 5.20 million tons, down by 367,200 tons or 6.6% year-on-year[37]. - The hot-rolled plate production reached 6.77 million tons, a decline of 282,500 tons or 4.01% year-on-year[37]. - The company implemented a premium strategy, achieving a record high in automotive plate production, focusing on the development of third-generation automotive steel[38]. - The company plans to develop 35 new product grades in 2022, having completed 24 grades in the first half, achieving 68.6% of the annual target[43]. Investment and Financial Management - The fixed asset investment plan for 2022 is set at 1.655 billion yuan, focusing on major technological upgrades and low emission projects[42]. - The company has signed 10 contracts for technology transfer and collaboration, enhancing its innovation capabilities[44]. - The total amount of raised funds is 1,072,500,000 CNY, with 1,092,820 CNY used in the current period and 696,367,520 CNY used cumulatively[64]. - As of June 30, 2022, the company has cumulatively invested 3,349,831,034.97 CNY in fundraising projects, with 7,768,000.00 CNY invested in the current year[67]. - The company has not made any changes to the use of raised funds or their implementation locations during the reporting period[67]. Environmental and Social Responsibility - The company aims to achieve ultra-low emissions by the end of 2023, with over 40 ultra-low emission projects included in the investment plan[45]. - Environmental protection measures are being implemented to comply with national carbon emission reduction goals, focusing on pollution control and resource recycling[91]. - The company has established a comprehensive environmental management system to improve its environmental performance and comply with national standards[91]. - The company has actively participated in social responsibility initiatives, providing over 230,000 yuan in aid to 54 financially distressed employees[117]. - The company has established a volunteer service team, with over 200 participants contributing to community service and environmental beautification activities[117]. Risk Management and Strategic Direction - There are no significant risks that require investor attention as per the company's assessment[6]. - The company has not reported any major changes in its accounting policies or financial reporting standards during the reporting period[28]. - The company is currently fulfilling commitments made by its controlling shareholder, Ansteel Group, to maintain operational independence and avoid conflicts of interest[121]. - The company is actively addressing international trade risks, including rising operational costs due to stringent pandemic control measures at ports[89]. - The company plans to implement refined management practices with a goal of "zero waste" to maximize efficiency and reduce costs[89]. Related Party Transactions - The company reported a total revenue of 624,099.55 thousand yuan from related party transactions, accounting for 18.70% of similar transaction amounts[164]. - The procurement of main raw materials from Benxi Beiying Steel Group amounted to 351,000 thousand yuan, representing 10.52% of similar transaction amounts[164]. - The company has committed to ensuring independent operations and decision-making to avoid unnecessary related party transactions[156]. - The company will strictly control related party transactions and ensure compliance with market trading principles[156]. - The total sales revenue for the reporting period amounted to 1,379,692.63 thousand yuan, with a significant increase of 5,416,647 thousand yuan compared to the previous period[185].

Financial Performance - The company's operating revenue for Q1 2022 was ¥16,621,491,876.35, an increase of 8.98% compared to ¥15,252,265,770.99 in the same period last year[5] - Net profit attributable to shareholders for Q1 2022 was ¥433,939,380.46, a decrease of 36.80% from ¥686,599,759.65 in the previous year[5] - The net profit after deducting non-recurring gains and losses was ¥423,326,955.85, down 37.58% from ¥678,208,256.33 year-on-year[5] - The total operating revenue for the first quarter reached ¥16,621,491,876.35, an increase from ¥15,252,265,770.99 in the previous year, representing a growth of approximately 8.97%[26] - The net profit for the current period was CNY 441.68 million, down from CNY 692.86 million in the previous period, indicating a decrease of approximately 36.2%[29] - The total comprehensive income for the current period was CNY 441.68 million, down from CNY 692.86 million, indicating a decrease of approximately 36.2%[32] Cash Flow and Liquidity - The net cash flow from operating activities improved to ¥289,055,672.76, a significant increase of 129.91% compared to a negative cash flow of ¥966,470,265.23 in the same period last year[5] - The cash flow from operating activities generated a net inflow of CNY 289.06 million, a significant improvement from a net outflow of CNY 966.47 million in the previous period[36] - The net cash flow from investing activities was -127,023,022.60, compared to -3,420,987,681.05 in the previous period[39] - Cash inflow from financing activities totaled 200,000,000.00, with a previous period total of 1,512,381,000.00[39] - Cash outflow from financing activities was 1,041,379,442.13, compared to 1,822,813,944.17 in the previous period[39] - The net cash flow from financing activities was -841,379,442.13, compared to -310,432,944.17 in the previous period[39] - The net decrease in cash and cash equivalents was -676,394,079.21, compared to -4,696,588,888.31 in the previous period[39] - The beginning balance of cash and cash equivalents was 6,299,099,063.48, compared to 9,229,417,595.12 in the previous period[39] - The ending balance of cash and cash equivalents was 5,622,704,984.27, compared to 4,532,828,706.81 in the previous period[39] Assets and Liabilities - Total assets at the end of Q1 2022 were ¥51,152,657,504.80, a decrease of 7.24% from ¥55,147,123,275.30 at the end of the previous year[5] - Current assets decreased to ¥20,597,743,388.43 from ¥24,264,586,308.60, reflecting a decline of about 15.4%[17] - Total liabilities decreased to ¥27,625,013,331.95 from ¥32,080,713,259.27, a decline of about 13.8%[24] - Non-current liabilities decreased to ¥10,648,783,355.06 from ¥10,794,846,895.61, a decline of about 1.4%[24] - The company's retained earnings increased to ¥3,411,245,678.10 from ¥2,977,306,297.64, representing a growth of approximately 14.5%[24] - The total equity attributable to shareholders increased to ¥22,953,219,837.58 from ¥22,500,969,014.30, reflecting an increase of about 2%[24] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 69,331, with the largest shareholder holding 58.65% of the shares[10] Expenses - Research and development expenses increased to CNY 10.54 million from CNY 9.28 million, marking a rise of approximately 13.6%[29] - The total operating costs for the current period were CNY 16.05 billion, up from CNY 14.34 billion, which is an increase of about 11.9%[29] - The company reported a decrease in financial expenses to CNY 120.50 million from CNY 159.72 million, a reduction of approximately 24.5%[29] Other Information - The company's weighted average return on equity was 1.91%, down from 3.21% in the same period last year, reflecting a decline of 1.30%[5] - The company recorded non-recurring gains of ¥10,612,424.61, primarily from government subsidies and asset disposals[6] - The company plans to continue focusing on market expansion and new product development to drive future growth[29] - The first quarter report was not audited[40]