证券代码：000825 证券简称：太钢不锈 公告编号：2025-016 山西太钢不锈钢股份有限公司 关于 2024 年度利润分配预案的公告 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、审议程序 山西太钢不锈钢股份有限公司（以下简称"公司"）于 2025 年 4 月 24 日召 开第九届董事会第二十九次会议及第九届监事会第十三次会议，审议通过了《关 于 2024 年度利润分配及资本公积转增股本的议案》，该议案尚需提交公司 2024 年度股东大会审议。 二、2024 年度利润分配预案的基本情况 经安永华明会计师事务所（特殊普通合伙）审计确认，太钢不锈母公司 2024 年实现净利润-985,313,006.77 元，加年初未分配利润 18,170,849,871.16 元， 加因股权激励回购对往年利润分配的影响 640,730.55 元，减去处置河南丰沃其 他权益工具投资对未分配利润影响的 116,271.00 元后,2024 年末未分配利润余 额为 17,186,061,323.94 元。 2024 年，面临减量调结构、价格震荡、成本压力等多重挑战，公司 ...

Financial Performance - The company's operating revenue for 2024 was ¥100.38 billion, a decrease of 4.96% compared to ¥105.62 billion in 2023[17]. - The net profit attributable to shareholders for 2024 was -¥981.02 million, an improvement of 9.22% from -¥1.08 billion in 2023[17]. - The net cash flow from operating activities for 2024 was ¥2.43 billion, down 8.69% from ¥2.67 billion in 2023[17]. - Total assets at the end of 2024 were ¥67.53 billion, a decrease of 1.03% from ¥68.24 billion at the end of 2023[17]. - The net assets attributable to shareholders at the end of 2024 were ¥32.57 billion, down 3.02% from ¥33.58 billion at the end of 2023[17]. - The basic earnings per share for 2024 were -¥0.172, an improvement of 9.47% from -¥0.190 in 2023[17]. - The weighted average return on equity for 2024 was -2.97%, an improvement from -3.16% in 2023[17]. - The company reported a net profit of -¥1.24 billion after deducting non-recurring gains and losses, a 28.64% improvement from -¥1.74 billion in 2023[17]. - The company faced uncertainties regarding its ability to continue as a going concern, as indicated by the negative net profit figures over the past three years[17]. Revenue and Sales - In Q4 2024, the company's operating revenue was approximately ¥25.09 billion, showing a slight decrease from Q3 2024's ¥25.57 billion[21]. - The net profit attributable to shareholders for Q4 2024 was a loss of approximately ¥426.72 million, following a loss of ¥693.30 million in Q3 2024[21]. - The company reported a net cash flow from operating activities of approximately ¥65.75 million in Q4 2024, a significant decrease from ¥1.08 billion in Q3 2024[21]. - In 2024, the company produced a total of 13.98 million tons of steel, with stainless steel accounting for 6.20 million tons[37]. - The total sales volume of steel for 2024 was approximately 13.18 million tons, including 5.82 million tons of stainless steel[37]. - The company achieved a year-on-year revenue decline of 5.73% in the steel industry, with total profit down by 47.2%[26]. - The average sales profit margin for the company was 0.73%, a decrease of 0.59 percentage points compared to 2023[26]. - Stainless steel sales accounted for 69.73% of total revenue, with a slight increase of 0.34% year-over-year[47]. - The company achieved a significant increase in export revenue, which rose by 9.15% to approximately ¥6.36 billion[47]. Production and Efficiency - The production line efficiency improved with the successful trial of the world's largest single-weight N06625 nickel-based alloy hot-rolled coil[41]. - The company launched several new products, including the world's first 1300 MPa temperature-formed wheel steel and S750MC grade magnetic steel sheets[42]. - The gross profit margin for stainless steel products was 1.12%, reflecting a year-over-year increase of 1.00%[48]. - The company is advancing its green development initiatives, including the development of a 100% electric arc furnace process for low-carbon steel production[43]. - The company has implemented a flexible and efficient market-oriented operating mechanism to enhance internal vitality and efficiency[44]. - The company is focusing on extending and strengthening its industrial chain through targeted investment and collaboration with local governments[45]. Research and Development - Research and development expenses rose by 22.87% to 1,110,877,771.35 yuan in 2024, driven by increased investment in new product development[58]. - The company aims to develop high-strength materials for automotive applications, enhancing product quality and market share[60]. - The company is focusing on new product development in the stainless steel sector, targeting increased market penetration and improved profitability[60]. - The company is actively pursuing R&D in the renewable energy sector, aiming to meet international standards and improve product quality[60]. - The company has established a comprehensive technology innovation system, holding over 800 patents related to stainless steel[33]. Environmental Initiatives - The company is committed to green low-carbon transformation, maintaining ultra-low emissions and optimizing water system operations[94]. - The company plans to purchase 25.85 million kWh of green electricity and generated 15.57 million kWh from solar power in 2024[176]. - The company reduced carbon emissions by 900 tons per year through upgrades to annealing furnace heat exchangers and refractory materials[177]. - The company’s wastewater treatment met the special discharge limits as per the steel industry water pollutant discharge standards[168]. - The company has successfully completed the environmental acceptance work for several key projects, including the high-end cold-rolled oriented silicon steel project and the intelligent upgrade of the stainless steel hot-rolled production line[161]. Corporate Governance and Management - The company has a complete and independent operational structure, ensuring separation from the controlling shareholder in assets, personnel, and finances[106]. - The company is focused on strategic transitions and leadership changes to enhance governance and operational efficiency[115]. - The company has implemented a performance-based compensation scheme for senior management, with specific performance responsibility agreements signed annually[124]. - The company is expanding its management team with new appointments, including a new general manager and several board members[123]. - The company has a strategy in place for continuous improvement in management practices and accountability[124]. Shareholder Relations - The company plans not to distribute cash dividends for the 2024 fiscal year due to anticipated losses, aiming to enhance sustainable development and long-term shareholder interests[143]. - The company is committed to maintaining shareholder interests, particularly for minority shareholders, through strategic business adjustments and management agreements[109]. - The company reported a total of 938,000 shares held at the beginning of the period, with a net decrease of 462,000 shares, resulting in 476,000 shares held at the end of the period[114]. - The company’s future outlook includes continued emphasis on performance-based incentives and stock repurchase strategies to align management interests with shareholder value[114]. Risk Management - The company has established a comprehensive risk management system to ensure stable production and operations[46]. - The company is actively pursuing reforms to stimulate development vitality and improve performance evaluation mechanisms[96]. - The company has a robust risk management system to prevent systemic risks and ensure stable operations[97]. Market Conditions - The steel industry is facing a long-term downturn with weak orders and demand, leading to compressed profit margins[99]. - The steel industry in China is transitioning from growth to optimization, with a projected crude steel apparent consumption of 887 million tons in 2025[86].

山西太钢不锈钢股份有限公司 2025 年第一季度报告 证券代码：000825 证券简称：太钢不锈 公告编号：2025-017 山西太钢不锈钢股份有限公司 2025 年第一季度报告 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。 重要内容提示： 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存 在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报 告中财务信息的真实、准确、完整。 3.第一季度报告是否经审计 □是 否 1 山西太钢不锈钢股份有限公司 2025 年第一季度报告 一、主要财务数据 （一） 主要会计数据和财务指标 适用 □不适用 | | | 单位：元 | | --- | --- | --- | | 项目 | 本报告期金额 | 说明 | | 非流动性资产处置损益（包括已计提资产减值准备的冲销部分） | -210,759.88 | | | 计入当期损益的政府补助（与公司正常经营业务密切相关、符合国家政策 规定、按照确定的标准享有、对 ...

证券代码：000825 证券简称：太钢不锈 公告编号：2025-010 山西太钢不锈钢股份有限公司 2025 年度估值提升计划 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。 重要内容提示： 估值提升计划的触发情形及审议程序：自2024年1月1日至 2024年12月31日， 山西太钢不锈钢股份有限公司（以下简称"公司"）股票已连续12个月每个交易 日收盘价均低于最近一个会计年度经审计的每股归属于上市公司股东的净资产， 根据《上市公司监管指引第 10 号——市值管理》，属于应当制定估值提升计划 的情形。本次估值提升计划需公司董事会会议审议通过后履行信息披露义务。 估值提升计划概述：2025年度公司拟通过提升经营效率和盈利能力、积极 实施现金分红、强化投资者关系管理、做好信息披露、剥离盈利能力差的资产、 盘活闲置资产、严格执行减持新规等措施提升公司投资价值。 风险提示：本估值提升计划仅为公司行动计划，不代表公司对业绩、股价、 重大事件等任何指标或事项的承诺。公司业绩及二级市场表现受到宏观形势、 行业政策、市场情况等诸多因素影响，相关目标的实现情况存在不确定性。 一 ...

证券代码：000825 证券简称：太钢不锈 公告编号：2025-011 山西太钢不锈钢股份有限公司 关于金融衍生品业务年度计划的公告 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。 重要内容提示： 1、交易目的、交易品种、交易工具、交易场所和交易金额：为规避汇率波 动风险，山西太钢不锈钢股份有限公司（以下简称"公司"）拟在境内开展不 超等额2亿美元的外汇远期业务。 2、审议程序：2025年3月7日，公司召开2025年第一次独立董事专门会议， 全体独立董事一致审议通过《关于金融衍生品业务年度计划的议案》，同意将 该事项提交公司董事会审议；2025年3月7日，公司召开第九届董事会第二十八 次会议，审议通过了《关于金融衍生品业务年度计划的议案》。 3、风险提示：公司衍生品交易业务开展过程中仍存在一定的市场风险、履 约风险及其他风险，敬请投资者注意投资风险。 一、投资情况概述 1.投资目的：公司大宗原料进口采购、钢材产品出口销售环节主要以美元 等外币计价，当汇率出现较大波动时，汇兑损益会对公司的经营业绩产生显著 影响。为有效防范和降低外汇汇率波动对公司经营业绩带来的影 ...

证券代码：000825 证券简称：太钢不锈 公告编号：2025-009 山西太钢不锈钢股份有限公司 第九届董事会第二十八次会议决议公告 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 1.会议通知的时间和方式 应参加表决的董事 11 人，实际表决的董事 11 人。 4.本次会议的召集和召开符合有关法律、行政法规、部门规章、规范性文件 和公司章程的规定。 二、董事会会议审议情况 会议审议并通过了以下议案： 1、《关于制定市值管理制度的议案》 公司九届二十八次董事会会议通知及会议资料于 2025 年 2 月 28 日以直接送 达或电子邮件方式送达各位董事、监事及高管人员。 2.会议的时间、地点和方式 会议于 2025 年 3 月 7 日以通讯表决方式召开。 3.董事出席情况 1 3、《关于金融衍生品业务年度计划的议案》 经董事表决，11 票同意、0 票反对、0 票弃权。议案获得通过。 具体内容详见公司 2025 年 3 月 11 日在《中国证券报》《证券时报》《上海证 券报》《证券日报》和巨潮资讯网（www.cninfo.com.cn）披露 ...

证券代码：000825 证券简称：太钢不锈 公告编号：2025-008 山西太钢不锈钢股份有限公司 第九届董事会第二十七次会议决议公告 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 1.会议通知的时间和方式 公司九届二十七次董事会会议通知及会议资料于 2025 年 1 月 19 日以直接送 达或电子邮件方式送达各位董事、监事及高管人员。 2.会议的时间、地点和方式 会议于 2025 年 1 月 24 日以通讯表决方式召开。 会议审议并通过了以下议案： 1、《关于制定董事会授权决策方案的议案》 为完善董事会的授权管理工作，进一步规范公司董事会授权管理行为，明确 董事会授权董事长、总经理的具体事项及额度标准等，根据《公司章程》《董事 会议事规则》《董事会授权管理制度》等规定，结合实际，制定《董事会授权决 策方案》。 经董事表决，11 票同意、0 票反对、0 票弃权。议案获得通过。 2、《关于修订重大事项决策权责清单的议案》 公司结合实际对重大事项决策权责清单进行了修订，进一步细化完善决策事 项、优化决策形式。 经董事表决，11 票同意、0 ...

Financial Projections - The estimated net profit for 2024 is projected to be a loss between 85,000 million and 105,000 million CNY, compared to a loss of 108,064 million CNY in the same period last year, representing a reduction in loss of 2.84% to 21.34%[2] - The net profit after deducting non-recurring gains and losses is expected to be a loss between 110,607 million and 130,607 million CNY, compared to a loss of 173,786 million CNY last year, indicating a reduction in loss of 24.85% to 36.35%[2] - The basic earnings per share are projected to be a loss between 0.149 CNY and 0.184 CNY, compared to a loss of 0.190 CNY per share in the previous year[2] Industry Challenges - The steel industry is facing multiple challenges including structural adjustments, price fluctuations, and cost pressures in 2024[4] Company Strategy - The company is focusing on enhancing its competitive advantage through differentiated operations and optimizing management processes[5] - The company emphasizes a cost-cutting approach, implementing the philosophy that "all expenses can be reduced" to improve operational efficiency[5] - The company aims for stable production and operations in 2024, with a focus on reducing losses compared to the previous year[5] Forecast Reliability - The performance forecast has not been audited by an accounting firm, but there are no discrepancies in communication regarding the forecast[3] - Investors are advised to pay attention to investment risks as the forecast is based on preliminary estimates by the financial department[6] - No additional relevant information was provided in the announcement[7]

证券代码：000825 证券简称：太钢不锈 公告编号：2025-006 山西太钢不锈钢股份有限公司 第九届董事会第二十六次会议决议公告 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 1.会议通知的时间和方式 公司九届二十六次董事会会议通知及会议资料于 2025 年 1 月 7 日以直接送 达或电子邮件方式送达各位董事、监事及高管人员。 2.会议的时间、地点和方式 会议于 2025 年 1 月 17 日下午股东大会结束后，在太原市花园国际大酒店会 议中心行政会议室，以现场与通讯表决相结合方式召开。 3.董事出席情况 会议审议并通过了以下议案： 1、关于选举公司董事长的议案 1 公司控股股东太原钢铁（集团）有限公司推荐提名吴小弟先生为公司董事长。 经董事表决，11 票同意、0 票反对、0 票弃权。议案获得通过。 2、关于董事会专门委员会人员调整的议案 应参加表决的董事 11 人，实际表决的董事 11 人。其中，董事李华先生、尚 佳君先生、南海先生、石来润先生及独立董事刘新权先生、汪建华先生、王东升 先生、张其生先生等 8 人出席现场会议。 ...

关于山西太钢不锈钢股份有限公司 2025 年第一次临时股东大会的法律意见 2025 年第一次临时股东大会的法律意见 地址 Add: 山西省太原市长风商务区长兴路 1 号华润大厦 T6 座 30、31 层 电话 Tel: 0351-8395811 传真 Fax: 0351-8395822 邮编：030006 关于山西太钢不锈钢股份有限公司 北京德恒（太原）律师事务所 2025 年第一次临时股东大会的法律意见 北京德恒（太原）律师事务所 关于山西太钢不锈钢股份有限公司 北京德恒（太原）律师事务所 2025 年第一次临时股东大会的法律意见 北京德恒（太原）律师事务所 关于山西太钢不锈钢股份有限公司 致：山西太钢不锈钢股份有限公司 北京德恒（太原）律师事务所（以下简称"本所"）受山西太钢不锈钢股份有限 公司（以下简称"公司"）委托，指派翟颖、张鑫磊律师出席公司 2025 年第一次临时 股东大会（以下简称"本次股东大会"），对本次股东大会的合法性进行见证并出具法 律意见。 本法律意见根据《中华人民共和国公司法》（以下简称"《公司法》"）、《中华人民 共和国证券法》（以下简称"《证券法》"）等有关法律、法规、规范性文件， ...