证券代码：000778 证券简称：新兴铸管 公告编号：2025-25 新兴铸管股份有限公司 法规的前提下，根据公司股票价格波动情况等综合判断，继续择机以适当的价格实施本 次增持计划。 一、计划增持主体的基本情况 公司控股股东新兴际华集团基于对公司未来发展前景的信心及中长期价值的认可， 促进股票价格向价值回归。新兴际华集团计划自 2024 年 12 月 21 日起 6 个月内通过深圳 证券交易所允许的方式（集中竞价或大宗交易），以自有资金或银行回购增持专项贷款， 增持新兴铸管 A 股股票，累计增持总金额不低于人民币 1.5 亿元（含），不超过人民币 3 亿元（含），且不超过上市公司总股本的 2%。本次增持计划价格上限不高于增持计划 公告前三十个交易日均价 150%，新兴际华集团将基于对新兴铸管股票价值的合理判断， 并根据新兴铸管股票价格波动与资本市场整体趋势，择机实施增持计划。新兴际华集团 承诺在增持期间及法定期限内不减持所持有的新兴铸管股份有限公司股份。 本次增持计划的具体内容详见公司于 2024 年 12 月 21 日在巨潮资讯网 （www.cninfo.com.cn）上披露的《关于控股股东计划增持公司股份 ...

债券代码：149504 债券简称：21 新兴 01 光大证券股份有限公司 关于 新兴铸管股份有限公司信息披露事务负责人发生变动 的临时受托管理事务报告 债券受托管理人 （住所：上海市静安区新闸路 1508 号） 2025 年 5 月 1 契约锁 一、 发行人概况 （七） 登载本临时受托管理事务报告的中国证监会指定网站： 巨潮资讯网（www.cninfo.com.cn） 契约锁 重要声明 本报告依据《公司债券发行与交易管理办法》、《新兴铸管股份有 限公司 2021 年面向合格投资者公开发行公司债券（第一期）募集说 明书》、《新兴铸管股份有限公司 2018 年面向合格投资者公开发行公 司债券债券受托管理协议》等相关文件、第三方机构出具的专业意见 以及新兴铸管股份有限公司（以下简称"新兴铸管"或"发行人"或 "公司"）出具的相关说明文件等，由"21 新兴 01"受托管理人光大 证券股份有限公司（以下简称"光大证券"）编制。 本报告不构成对投资者进行或不进行某项行为的推荐意见，投资 者应对相关事宜做出独立判断，而不应将本报告中的任何内容据以作 为光大证券所作的承诺或声明。 二、 公司债券基本情况 （一）新兴铸管股份有 ...

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。 新兴铸管股份有限公司(以下简称"公司")于 2025 年 5 月 27 日以通讯表决（传真） 方式召开第十届董事会第十二次会议，审议通过了《关于聘任公司董事会秘书的议案》。 经公司董事长提名，董事会提名委员会资格审查，董事会决定聘任王美英女士为公司董 事会秘书（简历见附件），任期自董事会审议通过之日起至第十届董事会届满之日止。 王美英女士已取得深圳证券交易所颁发的《董事会秘书资格证书》，具备履行职责所 需的专业知识、与岗位要求相适应的从业经验与个人品德，其任职资格符合《公司法》 及《公司章程》的相关规定，不存在《公司法》《深圳证券交易所上市自律监管指引第 1 号——主板上市公司规范运作指引》等相关规定中禁止任职的情形。 证券代码：000778 证券简称：新兴铸管 公告编号：2025-23 新兴铸管股份有限公司 关于聘任公司董事会秘书的公告 邮政编码：056300 电子邮箱：xxzg0778@163.com 特此公告 新兴铸管股份有限公司董事会 2025 年 5 月 28 日 附件：董事会秘书简历 王美英：女，19 ...

新兴铸管股份有限公司 证券代码：000778 证券简称：新兴铸管 公告编号：2025-24 三、备查文件 第十届董事会第十二次会议决议公告 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。 一、董事会会议召开情况 新兴铸管股份有限公司(以下简称"公司")于 2025 年 5 月 22 日以书面和电子邮件 方式向董事、监事发出第十届董事会第十二次会议通知，会议于 2025 年 5 月 27 日，以 通讯表决（传真）的方式进行。公司全体 7 名董事以通讯方式参加会议，参加会议董事 人数及会议举行方式符合法律法规和公司章程的规定。 二、董事会审议情况 审议通过了《关于聘任公司董事会秘书的议案》。 经公司董事长提名，董事会提名委员会资格审查，公司董事会决定聘任王美英女士 为公司第十届董事会秘书（简历见附件），王美英女士已取得深圳证券交易所董事会秘书 资格证书，任职符合《公司法》《深圳证券交易所股票上市规则》等法律法规的规定，任 期自董事会审议通过之日起至第十届董事会任期届满之日止。 表决结果：7 票同意、0 票弃权、0 票反对。 该事项的详细内容请见公司同日刊登于《中国 ...

Core Viewpoint - The article highlights the emergence of a notable individual investor, Zhang Sufen, in the A-share market, who has made significant investments in multiple listed companies, positioning herself among the top shareholders of 15 companies as of the first quarter of 2025 [1][2][3]. Group 1: Investment Profile - Zhang Sufen holds substantial shares in various companies, with a total holding of 349.66 million shares across 15 listed companies, making her the second-largest shareholder in Electronic City and the fourth-largest in Shaanxi Guotou A [3][4]. - Her investment strategy appears to focus on low-priced stocks, with most of her holdings priced below 10 yuan, indicating a preference for undervalued assets [7][8]. - The total market value of her holdings exceeds 1.38 billion yuan, with five stocks valued over 100 million yuan each [8]. Group 2: Performance and Strategy - Zhang's investments have shown mixed results, with the highest floating profit being 26.81% from Liugang Co., while the largest loss is 13.62% from Shaanxi Construction [3][4]. - She has demonstrated a long-term investment approach, often increasing her holdings over several quarters, as seen in her continuous accumulation of shares in low-performing stocks like New Star Foundry [6][7]. - Despite her success, she has also faced significant losses, such as a 30% loss in Yibai Pharmaceutical, highlighting the risks associated with her investment choices [8][9]. Group 3: Market Impact and Perception - Zhang Sufen's investment activities have drawn attention in the market, with speculation about her potential connections to larger investment networks, suggesting that her strategies may not be typical of individual investors [7][8]. - Her approach to investing, characterized by a focus on low-priced stocks and a willingness to endure volatility, positions her as a unique figure in the A-share market, comparable to institutional investors [6][7].

Investment Rating - The report maintains a "Buy" rating for the steel industry, suggesting a positive outlook for the sector [4]. Core Insights - The crude steel production in April 2025 remained flat year-on-year at 86.02 million tons, with a daily average production of 2.867 million tons, reflecting a month-on-month decrease of 4.3% [2][7]. - The steel industry's profitability has improved, with the profit ratio of steel mills rising to 59.3% as of May 16, 2025, driven by falling raw material prices [2]. - The net financing of local government bonds reached 528.1 billion yuan in April 2025, indicating a significant increase in fiscal spending, which is expected to support demand in the steel sector [2][3]. - The apparent consumption of steel in April 2025 was 76.08 million tons, slightly down by 1.7% year-on-year, influenced by uncertainties from US-China tariff disputes [2][3]. Summary by Sections Production and Consumption - In April 2025, the production of pig iron was 72.58 million tons, up 0.7% year-on-year, while steel production increased by 6.6% to 125.09 million tons [7]. - The manufacturing purchasing managers' index (PMI) was at 49.0%, indicating a slight contraction, while the non-manufacturing PMI remained in the expansion zone at 50.4% [2]. Export and Import Dynamics - Steel exports in April 2025 reached 9.94 million tons, a year-on-year increase of 16%, benefiting from price advantages [3][7]. - Iron ore imports rose by 1.3% year-on-year to 103.14 million tons in April 2025, although overall iron ore imports for the first four months decreased by 5.5% [7]. Policy and Economic Outlook - The Central Political Bureau emphasized the need for proactive macroeconomic policies, including increased fiscal spending and monetary easing to support the economy [3]. - The report suggests that with the anticipated improvement in demand and supply-side adjustments, the long-term fundamentals of the steel industry are expected to improve [3]. Investment Recommendations - The report recommends stocks such as Hualing Steel, Nanjing Steel, Baosteel, and others, highlighting their potential benefits from the current economic conditions and demand recovery [8][9].

Investment Rating - The industry is rated as "Buy" for specific stocks and "Hold" for others, indicating a positive outlook for selected companies within the steel sector [8]. Core Insights - The report highlights a decrease in tariff uncertainty, which is expected to improve economic expectations. The U.S.-China trade tensions have entered a phase of temporary easing, although future uncertainties remain significant [2][4]. - The domestic steel production has shown signs of recovery, with a notable increase in apparent consumption of steel products, particularly rebar, which has returned to levels seen in the previous year [3][39]. - The report emphasizes the implementation of proactive macroeconomic policies, including fiscal and monetary measures, which are anticipated to support the steel industry's recovery and growth [4][12]. Summary by Sections Supply - The average daily pig iron production has decreased by 10,000 tons to 2,447,000 tons, with a slight decline in long-process production [11]. - The capacity utilization rate for blast furnaces across 247 steel mills is reported at 91.7%, a decrease of 0.4 percentage points from the previous period but an increase of 4.1 percentage points year-on-year [17]. Inventory - Total steel inventory has shifted from an increase to a decrease, with a week-on-week decline of 3.1%. The social inventory of five major steel products stands at 9,937,000 tons, down 3.8% from the previous week and down 28.5% year-on-year [24][26]. Demand - Apparent consumption of five major steel products has significantly improved, with a week-on-week increase of 8.1%. Rebar consumption reached 2,603,000 tons, up 21.7% from the previous week [39][48]. Raw Materials - Iron ore prices have risen, with the Platts 62% iron ore price index at $101.1 per ton, reflecting a week-on-week increase of 2.5% [57]. - The report notes a slight increase in the shipping volume of iron ore from Australia, while Brazilian shipments have decreased [57]. Prices and Profits - Steel prices are showing a strong performance, with the Myspic comprehensive steel price index at 123.6, up 0.9% week-on-week. The report anticipates that steel prices may gradually strengthen due to improving fundamentals driven by macroeconomic and industry policies [70][71]. - The current profit margins for long-process rebar and hot-rolled coils remain negative, indicating ongoing cost pressures [72]. Key Stocks - The report recommends several stocks for investment, including: - Hualing Steel (Buy) - Nanjing Steel (Buy) - Baosteel (Buy) - New Steel (Buy) - Jiuli Special Materials (Buy) - Xinxing Ductile Iron Pipes (Hold) [8].

Group 1 - The emphasis on urban renewal actions has increased from "vigorously implement" to "intensify implementation," indicating a stronger governmental focus on this initiative [2] - Urban renewal actions are expected to release rigid and improved housing demand, positively impacting the consumption of building materials [2] - The renovation of urban villages and dilapidated housing is anticipated to create new housing demand, further boosting the consumption of waterproofing materials, coatings, and gypsum boards [2] Group 2 - Xinxing Ductile Iron Pipes, a leading company in the domestic ductile iron pipe industry, is expected to benefit from urban pipeline renovation and water conservancy facility construction [3] - Donghong Co., a leading consumer building materials company, primarily collaborates with state-owned enterprises and local governments, positioning it well for upcoming projects [4]

证券代码：000778 证券简称：新兴铸管 公告编号：2025-22 新兴铸管股份有限公司 2024 年度股东大会决议公告 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: 1、本次股东大会未出现否决议案的情形。 2、本次股东大会未涉及变更以往股东大会已通过的决议。 一、会议召开情况和出席情况 （一）会议召开情况 1、会议召开的日期和时间： （1）现场会议召开时间为：2025 年 5 月 8 日（星期四）下午 14:30 （2）网络投票时间为：2025 年 5 月 8 日 其中：通过深圳证券交易所交易系统进行网络投票的具体时间为：2025 年 5 月 8 日 （现场股东大会召开日）9:15—9:25,9:30—11:30 和 13:00—15:00 通过深圳证券交易所互联网投票系统进行网络投票的具体时间为：2025 年 5 月 8 日 9:15－15:00 2、股权登记日：2025 年 4 月 30 日（星期三） （二）会议出席情况 1 1、参加本次股东大会现场会议和网络投票的股东及股东代表共计 672 人，代表股份 1,770,115,031 股， ...

北京市中伦律师事务所 关于新兴铸管股份有限公司 2024 年度股东大会的 法律意见书 二〇二五年五月 法律意见书 北京市中伦律师事务所 关于新兴铸管股份有限公司 本法律意见书根据《中华人民共和国公司法》（以下简称"《公司法》"）、 《证券法》、中国证券监督管理委员会（以下简称"中国证监会"）《上市公司股 1 法律意见书 东会规则》（以下简称"《股东会规则》"）及《深圳证券交易所上市公司股东 会网络投票实施细则》等现行有效的法律、法规、规范性文件以及《新兴铸管股 份有限公司公司章程》（以下简称"《公司章程》"）、《新兴铸管股份有限公司 股东大会议事规则》（以下简称"《股东大会议事规则》"）的规定而出具。 2024 年度股东大会的 法律意见书 致：新兴铸管股份有限公司 北京市中伦律师事务所（以下简称"本所"）接受新兴铸管股份有限公司（以 下简称"公司"）委托，指派本所律师对公司 2024 年度股东大会的（以下简称 "本次股东大会"）的合法性进行见证并出具《北京市中伦律师事务所关于新兴 铸管股份有限公司 2024 年度股东大会的法律意见书》（以下简称"本法律意见 书"）。 本所及本所律师依据《中华人民共和国证券法》 ...