北京金诚同达律师事务所 关于河钢资源股份有限公司 控股股东增持公司股份计划的 专项核查意见 金证法意[2025]字 0618 第 0572 号 中国北京市建国门外大街1号国贸大厦A座十层 100004 电话：010-5706 8585 传真：010-8515 0267 北京金诚同达律师事务所 关于河钢资源股份有限公司 控股股东增持公司股份计划的 专项核查意见 金证法意[2025]字 0618 第 0572 号 致：河钢资源股份有限公司 北京金诚同达律师事务所（以下简称"本所"）接受河钢资源股份有限公司 （以下简称"公司"）的委托，根据与公司签订的《聘请律师合同》，作为公司 控股股东（即河钢集团有限公司，以下简称"河钢集团"或"增持人"）增持公 司股份计划（以下简称"本次增持"）的特聘专项法律顾问，为本次增持提供法 律服务。 本所律师根据《中华人民共和国公司法》《中华人民共和国证券法》《上市 公司收购管理办法（2025年修订）》（以下简称"《管理办法》"）、《深圳证 券交易所上市公司自律监管指引第1号——主板上市公司规范运作（2025年修订）》 等相关法律、法规的规定，按照律师行业公认的业务标准、道德规范和勤勉 ...

证券代码：000923 证券简称：河钢资源 公告编号：2025-20 2024 年度权益分派实施公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记载、误导 性陈述或重大遗漏。 河钢资源股份有限公司（以下简称"公司"）2024 年度利润分配方案已获得 公司 2025 年 5 月 15 日召开的 2024 年度股东大会审议通过,现将权益分派事宜 公告如下： 一、股东大会审议通过利润分配方案等情况 1、公司股东大会审议通过的 2024 年度利润分配方案的具体内容为：以总股 本 652,728,961 股为基数，向全体股东每 10 股派 5 元人民币现金（含税）， 共计派发现金红利 326,364,480.50 元，剩余未分配利润滚存至下年度；本年度 不送红股，不实施资本公积金转增股本方案。分配预案公布后至实施前，公司总 股本如因增发新股、股权激励行权、可转债转股等原因发生变动的，将按照现金 分红总额固定不变的原则，在利润分配实施公告中披露按公司最新总股本计算的 分配比例。 2、自利润分配方案披露至实施期间公司总股本未发生变化。 3、本次实施的利润分配方案与股东大会审议通过的方案一致。 河钢资 ...

Meeting Overview - The meeting was held on May 15, 2025, with a total of 158 shareholders participating, representing 237,991,916 shares, which accounts for 36.4611% of the company's total voting shares [1] - The voting was conducted both on-site and through the Shenzhen Stock Exchange's online voting system [2] Voting Results - A total of 236,994,916 shares were voted in favor of the proposals, representing 99.5811% of the valid votes cast [2] - 895,600 shares were voted against, accounting for 0.3763% of the valid votes [2] - The abstention rate was 0.0426% [2] Small Shareholders' Participation - Among small shareholders, 157 participated, representing 5,348,417 shares, which is 0.8194% of the total voting shares [1] - Small shareholders voted 4,351,417 shares in favor, which is 1.8959% of the small shareholders' valid voting shares [2] Legal Compliance - The meeting's procedures complied with relevant laws, regulations, and the company's articles of association, as confirmed by legal opinions from Beijing Jincheng Tongda & Neal Law Firm [6]

证券代码：000923 证券简称：河钢资源 公告编号：2025-18 河钢资源股份有限公司 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。 特别提示： 1、本次股东大会未出现否决提案的情形； 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、会议召开和出席情况 1、河钢资源股份有限公司（以下简称"公司"）2024年度股东大会会议通 知于2025年4月25日以公告形式发出。 2、会议召开方式：本次会议以现场投票与网络投票相结合的方式召开。 3、会议召开时间： 现场会议时间：2025年5月15日下午2:30起； 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15日上 午9:15—9:25，9:30—11:30，下午1:00—3:00； 通过深圳证券交易所互联网投票系统投票的具体时间为2025年5月15日上午 9:15－下午3:00。 4、现场会议地点：河北省石家庄市体育南大街385号1709会议室。 5、会议召集人：公司董事会。 6、会议主持人：公司董事长王耀彬先生。 7、股东出席情况 股东出席的总体情况： ...

证券代码：000923 证券简称：河钢资源 公告编号：2025-17 河钢资源股份有限公司 关于举行 2024 年度暨 2025 年第一季度 网上业绩说明会的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记载、误导 性陈述或重大遗漏。 欢迎广大投资者积极参与本次网上业绩说明会。 特此公告 河钢资源股份有限公司 河钢资源股份有限公司（以下简称"公司"）于 2025 年 4 月 25 日在巨潮资 讯网（http://www.cninfo.com.cn/）披露《2024 年年度报告》及《2025 年第一 季度报告》。为便于广大投资者进一步了解公司 2024 年度及 2025 年一季度生产 经营情况，公司定于 2025 年 5 月 8 日（星期四）15：00 至 16:30 在中国证券报 中证网举行公司 2024 年度暨 2025 年第一季度网上业绩说明会。 本次业绩说明会将采用网络互动的形式举行，公司将通过文字直播方式回复 投资者提问，投资者可登录"中证路演中心（https://www.cs.com.cn/roadshow/）" 参与本次年度业绩说明会。 出席本次网上说明会的人员有：公司董 ...

Investment Rating - The report maintains a "Buy" rating for the company [5][8]. Core Views - The company achieved a revenue of 5.582 billion RMB in 2024, a year-on-year decrease of 4.86%, with a net profit attributable to shareholders of 566 million RMB, down 37.95% year-on-year [1][2]. - The copper phase II project commenced production at the end of 2024, which is expected to open up future growth opportunities for the company [1][4]. - The report predicts that iron ore prices may continue to be under pressure in 2025 due to an expected increase in global iron ore production capacity [3]. Summary by Sections Financial Performance - In 2024, the company reported iron ore production and sales of 9.005 million tons and 9.324 million tons, respectively, representing year-on-year growth of 60.16% and 32.54% [2]. - The average price of 62% iron ore fell to 109.44 USD/ton, a decrease of 10.31 USD/ton year-on-year, impacting profitability [2]. - The company's net profit for Q4 2024 was a loss of 11.43 million RMB, a significant decline compared to the previous year [1]. Future Projections - The company plans to increase its iron ore production and sales to 10 million tons in 2025 [3]. - The copper production and sales are expected to rise to 32,000 tons and 29,000 tons, respectively, in 2025 [4]. Valuation Metrics - The report adjusts the company's EPS forecasts for 2025-2027 to 1.26, 1.44, and 1.79 RMB, reflecting a downward revision of 12% and 13% for 2025 and 2026, respectively [5]. - The target price is set at 17.59 RMB, based on a PE ratio of 14.0X for 2025, which is an increase from the previous target price of 16.55 RMB [5][9].

Investment Rating - The report maintains an "Outperform" rating for the company [1] Core Insights - The company reported a total revenue of 55.82 billion yuan in 2024, a year-on-year decrease of 4.86%, and a net profit attributable to shareholders of 5.66 billion yuan, down 37.95% year-on-year [7] - The iron ore business faced price declines due to a downturn in the steel industry, with an average selling price of approximately 417 yuan per ton, a decrease of 32.68% year-on-year [7] - The copper segment turned profitable, with a sales volume of 24.8 thousand tons in 2024, a year-on-year increase of 4.42%, and a gross margin of 18.47% [7] - The company has adjusted its profit forecasts for 2025 and 2026, lowering the expected net profit to 7.5 billion yuan and 9.59 billion yuan respectively [7] Financial Data and Profit Forecast - Total revenue projections for 2025 are set at 61.98 billion yuan, with a year-on-year growth rate of 9.2% [5] - The expected net profit for 2025 is 750 million yuan, reflecting a year-on-year increase of 32.6% [5] - The company’s gross margin is projected to be 61.2% in 2025, with a return on equity (ROE) of 7.3% [5] - The price-to-earnings (PE) ratios for 2025, 2026, and 2027 are forecasted to be 11, 9, and 7 respectively [7]

Investment Rating - The report assigns a "Buy" rating to the company, indicating a positive outlook for its stock performance in the near term [5]. Core Insights - The company is expected to achieve a revenue of 5.582 billion yuan in 2024, a decrease of 4.86% year-on-year, with a net profit attributable to shareholders of 566 million yuan, down 37.95% from the previous year [1]. - The copper production from the second phase project is projected to significantly enhance the company's performance, with an expected annual output of 70,000 tons of copper once fully operational by 2026 [3]. - The company has substantial iron ore reserves, with approximately 130 million tons of high-quality magnetite stored on the surface, which can be processed at a low cost [2]. Financial Summary - Revenue and profit forecasts for 2025-2027 are as follows: - 2025: Revenue of 5.394 billion yuan, net profit of 622 million yuan - 2026: Revenue of 6.473 billion yuan, net profit of 886 million yuan - 2027: Revenue of 7.574 billion yuan, net profit of 1.218 billion yuan [4][3]. - The company’s earnings per share are projected to increase from 0.87 yuan in 2024 to 1.87 yuan in 2027 [4]. - The net profit margin is expected to improve from 10.1% in 2024 to 16.1% in 2027, reflecting enhanced profitability [13].

Core Viewpoint - The company has disclosed its quarterly report, ensuring the accuracy and completeness of financial information, and has outlined significant changes in financial metrics due to fluctuations in iron ore prices and operational costs [2][3][4][5]. Financial Data Summary - The company reported a decrease in revenue compared to the same period last year, primarily due to a decline in iron ore sales prices [4][5]. - Total profit has also decreased year-on-year, attributed to reduced revenue from lower iron ore prices [5]. - Net cash flow from operating activities has diminished compared to the previous year, reflecting the decrease in revenue [5]. Shareholder Information - The company plans to increase its shareholding through the parent company, Hebei Iron and Steel Group, with a commitment to buy back shares worth between RMB 100 million and RMB 200 million, aiming to boost investor confidence [7]. - As of March 31, 2025, Hebei Iron and Steel Group has increased its shareholding from 34.59% to 35.00% by acquiring 2,674,900 shares [7]. Other Important Matters - The company has completed its fundraising project and plans to use the remaining funds to supplement working capital, enhancing the efficiency of fund utilization [6][7].