证券代码：000923 证券简称：河钢资源 公告编号：2023-17 河钢资源股份有限公司 关于举行 2022 年度暨 2023 年一季度 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。 河钢资源股份有限公司（以下简称"公司"）于 2023 年 4 月 28 日在巨潮资 讯网（http://www.cninfo.com.cn/）披露《2022 年年度报告》及《2023 年一季 度报告》。为便于广大投资者进一步了解公司 2022 年度及 2023 年一季度生产经 营情况，公司定于 2023 年 5 月 17 日（星期三）15：00 至 17:00，以网络远程互 动方式召开 2022 年度暨 2023 年一季度网上业绩说明会。 出席本次说明会的人员有：公司董事长王耀彬先生，董事会秘书赵青松先生， 财务负责人于超先生。 为充分尊重投资者、提升交流的针对性，现就公司本次业绩说明会提前向投 资者公开征集问题，广泛听取投资者的意见和建议。投资者可于 2023 年 5 月 16 日（星期二）18：00 前访问 https://s.comein.cn/o ...

Financial Performance - The company's operating revenue for Q1 2023 was ¥1,139,976,600.64, a decrease of 27.66% compared to ¥1,575,946,294.55 in the same period last year[5] - Net profit attributable to shareholders was ¥187,656,083.92, down 34.60% from ¥286,933,985.98 year-on-year[5] - Basic and diluted earnings per share were both ¥0.2875, reflecting a decline of 34.60% from ¥0.4396 in the same period last year[5] - The net profit for the first quarter of 2023 is 266,787,119.06, a decrease of 40.1% compared to 445,365,861.07 in the same period last year[39] - The operating profit for the first quarter is 355,959,866.01, down from 612,155,917.81 year-over-year, reflecting a decline of 41.9%[39] Cash Flow - The net cash flow from operating activities increased by 41.40% to ¥484,018,717.80, compared to ¥342,301,268.82 in the previous year[5] - Operating cash flow increased year-on-year due to accelerated collection of receivables and tax refunds received[31] - The cash flow from operating activities shows a net increase of 484,018,717.80, compared to 342,301,268.82 in the previous year, indicating a growth of 41.4%[41] - The net cash flow from financing activities was 0.00 yuan, indicating no net inflow or outflow during the period[46] - The net increase in cash and cash equivalents for the period was 67,934,284.93 yuan, down from 118,777,456.44 yuan in the previous period[46] Assets and Liabilities - Total assets at the end of the reporting period were ¥14,947,558,651.60, a decrease of 3.19% from ¥15,440,134,599.49 at the end of the previous year[5] - The total liabilities decreased to 3,413,172,407.57 from 3,510,804,208.41, a reduction of 2.8%[36] - Cash and cash equivalents at the end of the period amounted to ¥4,857,006,032.09, up from ¥4,788,301,456.92 at the beginning of the year[35] - Accounts receivable decreased to ¥821,414,290.11 from ¥987,309,101.58 year-on-year[35] - Inventory decreased to ¥584,757,851.14 from ¥663,729,364.39 year-on-year[35] Shareholder Information - Total number of common shareholders at the end of the reporting period was 30,074[31] - The largest shareholder, Hebei Iron and Steel Group Co., Ltd., holds 34.59% of shares, totaling 225,780,299 shares[31] - Shareholders' equity attributable to the parent company was ¥8,635,988,211.34, down 3.57% from ¥8,955,881,075.19 at the end of the previous year[5] - The equity attributable to the owners of the parent company increased to 4,779,559,210.40 from 4,591,903,126.48, reflecting a growth of 4.1%[36] Investment Activities - The net cash flow from investment activities decreased due to increased investment expenditures in the copper phase II project[12] - The cash outflow for investing activities is 304,882,171.52, compared to 180,491,708.58 in the previous year, indicating an increase in investment spending[41] Other Financial Metrics - The total profit decreased primarily due to a reduction in ore sales and lower prices for magnetite[12] - Financial expenses decreased compared to the same period last year due to an increase in interest income[12] - The company reported a total of ¥215,258.41 in non-recurring gains and losses for the period[11] - The company does not have any non-recurring gains or losses as defined by the relevant regulations[30] - The impact of exchange rate changes on cash and cash equivalents was a decrease of 111,202,261.35 yuan, compared to a decrease of 43,032,103.80 yuan in the previous period[46]

Business Strategy and Development - The company aims to expand its industry development scale and enhance sustainable profitability through mergers and acquisitions in 2023[12]. - The company is focused on sustainable and healthy development in the resource sector as part of its strategic goals[12]. - The company plans to inject managed assets into the listed company within one year after meeting specific conditions, including profitability and compliance[86]. - The company is actively addressing cost reduction and sales enhancement initiatives to ensure high-quality development[13]. Financial Performance - The company reported a total revenue of 652,728,921 RMB for the year, with a cash dividend distribution of 3 RMB per 10 shares[124]. - The company's total revenue for 2022 was ¥5,053,104,156.93, a decrease of 23.05% compared to 2021[178]. - The net profit attributable to shareholders for 2022 was ¥666,290,495.50, down 48.80% from the previous year[178]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥671,380,716.96, a decrease of 48.31% year-on-year[178]. - The net cash flow from operating activities for 2022 was ¥772,267,931.86, representing a decline of 73.16% compared to 2021[178]. - The basic earnings per share for 2022 was ¥1.0208, down 48.80% from ¥1.9937 in 2021[178]. Corporate Governance and Compliance - The company has established a complete and reasonable corporate governance structure, continuously improving it to enhance operational standards[57]. - The company has implemented a comprehensive compliance review for its overseas subsidiaries to strengthen governance and risk control[39]. - The company has not reported any issues or discrepancies in its internal control and governance practices during the reporting period[20]. - The internal control audit report received a standard unqualified opinion, indicating effective internal controls in all material aspects[78]. - The company has maintained effective internal controls according to the Basic Norms for Internal Control of Enterprises[78]. Employee and Management Information - The total number of employees at the end of the reporting period was 4,074, with 2,714 in production, 360 in sales, and 347 in technical roles[72]. - The total pre-tax remuneration for the company's directors and senior management was 382.71 million yuan for the reporting period[90]. - The highest individual remuneration was 142.44 million yuan for the deputy general manager, Wei Guangmin[93]. - The company has a performance-based salary system that includes monthly, quarterly, and annual bonuses for employees[103]. - The company provides 50% of medical insurance costs for employees, with the remaining 50% covered by employees themselves[103]. - The company has established an annual training plan to enhance employee skills and knowledge[104]. Environmental and Social Responsibility - There were no significant environmental pollution issues reported, and the company has maintained compliance with environmental protection policies[59]. - The company has completed rectifications for issues identified in previous self-inspections[57]. Operational Insights - The copper phase one mining resources are nearing depletion, prompting the company to optimize mining points to extend the expected lifespan until the second half of 2023[12]. - The company has established a special team to accelerate the progress of the copper phase two project, ensuring timely production according to planned timelines[12]. - The copper phase II project is expected to sustain production and operations for 15 years, ensuring the company's market influence in South Africa[200]. - The company operates in the black metal mining industry, focusing on copper ore extraction, processing, and smelting, with main products including anode copper, cathode copper, and copper rods[188]. - The company focuses on developing its mineral resources segment, primarily engaging in the mining, processing, and sales of copper, iron ore, and vermiculite[193]. Risk Management - The company is actively involved in risk assessment and management related to its financial services agreements[94]. - The company has a risk management committee that reviewed the financial risk assessment report for 2022[118]. - The company has committed to resolving industry competition issues by signing a trust agreement with Hebei Xuangong, ensuring no direct or indirect competition during the holding period[86]. Shareholder Information - The company plans to distribute a cash dividend of CNY 3 per 10 shares, totaling CNY 195,818,688.30, which represents 100% of the total profit distribution[73]. - The cash dividend distribution plan is based on a total share capital of 652,728,961 shares[73]. - The company plans to implement a shareholder return plan for the next three years (2022-2024)[94].

Group 1: Company Overview - HeSteel Resources' controlling shareholder is HeSteel Group, holding 34.59% of shares [2] - The company primarily operates in South Africa, focusing on three main product categories: copper, magnetite, and vermiculite [2] Group 2: Product Details - The first product category is copper, with mining activities dating back to the 1950s, currently undergoing a second phase of underground mining construction [2] - The second product category is magnetite, which is a byproduct of copper mining, with two types of sales: low-grade from stockpiles and high-grade after simple magnetic separation, priced based on the Platts index [3] - The third product category is vermiculite, recognized as one of the best globally, contributing approximately 30% of the company's sales, targeting high-end markets in North America, Europe, and Southeast Asia [3] Group 3: Project Updates - The copper phase two project has faced delays primarily due to the pandemic, with partial production expected by Q3 2023 [2] - The estimated resource reserves for the copper phase two project are 120.52 million tons of ore, with a copper metal content of 96.48 thousand tons and an average geological grade of 0.80% [3] Group 4: Financial Performance - In Q3 2022, the company experienced profit fluctuations due to significant declines in iron ore and copper prices, with revenue adjustments based on the Platts pricing mechanism [3] - The company maintains a substantial amount of cash, aiming for rapid expansion in resource development under suitable conditions [3]

Group 1: Company Overview - HeSteel Resources is primarily controlled by HeSteel Group, holding 34.59% of shares [2] - The company mainly operates in South Africa, focusing on three product categories: copper, magnetite, and vermiculite [2] Group 2: Copper Production - The first product category is copper, with mining activities dating back to the 1950s, currently constructing an underground phase II project [2] - The phase II project has faced delays due to the pandemic, with partial production expected by Q3 2023 [2] - The estimated resource reserves for the copper phase II project are 120.52 million tons of ore, with a copper metal content of 964,800 tons and an average geological grade of 0.80% [3] Group 3: Magnetite and Vermiculite - The second product category is magnetite, which is a byproduct of copper mining, with two types of sales: low-grade from stockpiles and high-grade after simple magnetic separation [3] - The high-grade magnetite has a grade between 62.5% and 64.5%, priced according to the 62% Platts index [3] - The third product category is vermiculite, accounting for approximately 30% of global sales of high-quality vermiculite, targeting high-end markets in North America, Europe, and Southeast Asia [3] Group 4: Production Capacity and Sales - The designed production capacity for high-grade magnetite is 7 million tons, with low-grade magnetite available for immediate sale [4] - The copper design capacity is 11 million tons of raw ore per year, yielding approximately 70,000 tons of metal copper after accounting for losses [4] - Sales are influenced by infrastructure conditions in South Africa, including rail and road transport [4] Group 5: Financial Performance and Strategy - The company experienced profit fluctuations in Q3 2022 due to significant declines in iron ore and copper prices [4] - The pricing mechanism for sales is based on the Platts index, leading to revenue adjustments when prices decline [4] - The company aims to strengthen its position in the resource sector and is considering rapid expansion under suitable conditions [4]

Group 1: Company Overview - HeSteel Resources is primarily controlled by HeSteel Group, holding 34.59% of shares [2] - The company operates mainly in South Africa, focusing on copper mining, with a history of copper extraction dating back to the 1950s [2] - The company is currently constructing an underground phase II project for copper mining, which has faced delays due to the pandemic [2] Group 2: Product Categories - The first product category is copper, with ongoing production activities centered around it [2] - The second product category is magnetite, a byproduct of copper mining, which is sold in two forms: low-grade from stockpiles and high-grade after simple magnetic separation [3] - The third product category is vermiculite, which accounts for approximately 30% of global high-quality vermiculite sales, targeting high-end markets in North America, Europe, and Southeast Asia [3] Group 3: Production and Capacity - The estimated resource reserves for the copper phase II project are 120.52 million tons of ore, with a copper metal content of 964,800 tons and TFe metal content of 1,633,230 tons [3] - The designed production capacity for high-grade magnetite is 7 million tons, while low-grade magnetite can be sold directly from stockpiles [3] - The copper design capacity is 11 million tons, with an expected annual output of 70,000 tons of metal copper, considering losses and recovery rates [4] Group 4: Market and Financial Performance - The company's revenue is influenced by the prices of iron ore and copper, with significant fluctuations noted in Q3 2022 due to price declines [4] - The pricing model for sales is based on the M+2 method, which adjusts revenue based on the average price of the month following the shipment month [4] - The company maintains a significant amount of cash reserves, aiming for rapid expansion in resource development under suitable conditions [4]