特别提示： 1. 权益分派方案：每 10 股派发现金 2.99 元（含税），不送红股，不转增股 本 2. 股权登记日：2025 年 6 月 12 日 3. 除权除息日：2025 年 6 月 13 日 一、股东大会审议通过利润分配方案的情况 证券代码：000928 证券简称：中钢国际 公告编号：2025-23 中钢国际工程技术股份有限公司 2024 年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。 中钢国际工程技术股份有限公司（以下简称"公司"）第十届董事会第七次 会议审议通过了《关于 2024 年年度利润分配预案的议案》，公司拟以 2024 年 12 月 31 日的总股本 1,434,644,621 股为基数，以未分配利润向全体股东每 10 股 派发现金红利人民币 2.99 元（含税），不送红股，不以公积金转增股本。本次 共计派发现金 428,958,741.68 元，占合并报表 2024 年归属于母公司股东净利润 的 51.36%。具体内容详见公司 2025 年 4 月 24 日在《上海证券报》《证券时报》 及巨潮资讯网披露的《关于 2 ...

Financial Performance - The company's asset-liability ratio for 2024 is 68.49%, indicating a high level of debt. The company plans to optimize its capital structure to reduce this ratio by 4.28 percentage points through financing structure optimization and improved capital efficiency [4] - In 2024, the net cash flow from operating activities was CNY 1.504 billion, a 9.95% increase compared to the previous year [8] Market Expansion and Strategy - The company aims to strengthen its presence in new markets, particularly in the Middle East and Africa, by enhancing personnel allocation and providing comprehensive production operation services [5][7] - In 2025, the company will focus on high-end, green, and intelligent development trends in the steel industry, integrating internal and external innovation resources to upgrade core equipment and technologies [5][7] Competitive Advantages - The company's core competitive advantage lies in its technological innovation, specializing in low-carbon metallurgy technology and providing integrated green engineering services throughout the lifecycle [6] - With nearly 30 years of international experience, the company possesses strong capabilities in managing large-scale international engineering projects and market integration [6] Industry Trends - The steel industry is entering a new phase of "reduction and quality improvement," with overall steel demand declining due to a slowdown in infrastructure construction and the peak of the real estate sector [6] - The company plans to leverage its engineering technology advantages to seize opportunities in industry consolidation and low-carbon transformation [6] Project Updates - The company successfully launched the Tosyali Phase IV green low-carbon steel plant in Algeria, which is the largest electric furnace project in the country [9][10] - The MMK 2.5 million tons/year coking project, utilizing the company's proprietary technology, has also been successfully completed [10] Internationalization Plans - In 2025, the company will maintain its international strategy while focusing on risk prevention, aiming to deepen existing markets and explore new clients in the Middle East and Africa [12]

证券代码：000928 证券简称：中钢国际 公告编号：2025-22 中钢国际工程技术股份有限公司 关于参加 2025 年吉林辖区上市公司投资者网上集体接待日活动 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。 本次活动将采用网络远程的方式举行，投资者可登录"全景路演"网站 （http://rs.p5w.net）、关注微信公众号（名称：全景财经）或下载全景路演 APP 的方式参与本次互动交流。 活动时间为 2025 年 5 月 27 日（周二）15:00-16:30。届时公司副总经理、财 务总监、董事会秘书袁陆生将在线就公司 2024 年度业绩、公司治理、发展战略、 经营状况等投资者关心的问题，与投资者进行沟通与交流，欢迎广大投资者踊跃 参与！ 特此公告。 中钢国际工程技术股份有限公司董事会 2025 年 5 月 21 日 为进一步加强与投资者的互动交流，中钢国际工程技术股份有限公司（以下 简称"公司"）将参加由吉林省证券业协会、深圳市全景网络有限公司共同举办 的"2025 年吉林辖区上市公司投资者网上集体接待日活动"，现将有关事项公 告如下： ...

Core Points - The annual general meeting of shareholders for China Steel International Engineering Technology Co., Ltd. was held on May 15, 2025, with a total of 325 shareholders present, representing 820,085,514 shares, which is 57.1630% of the total voting shares [4][5] - All resolutions proposed during the meeting were approved without any dissenting votes [2][3] Meeting Details - The meeting was conducted in a hybrid format, combining in-person and online participation, and was presided over by the vice chairman Zhao Shukun [4] - The legal opinion provided by Beijing Jiayuan Law Firm confirmed that the meeting's procedures and voting were in compliance with relevant laws and regulations [17] Voting Results - Proposal 1 regarding the 2024 annual report received 99.9221% approval from the voting shares [7] - Proposal 2 concerning the 2024 board work report was approved with 99.9102% [8] - Proposal 3 on the 2024 supervisory board work report achieved 99.9199% approval [9] - Proposal 4 regarding the internal control evaluation report was approved with 99.8802% [10] - Proposal 5 on the 2024 financial settlement report received 99.9208% approval [11] - Proposal 6 concerning the profit distribution plan for 2024 was approved with 99.9467% [12] - Proposal 7 on the special report of the use of raised funds was approved with 99.9216% [13] - Proposal 8 regarding the 2025 annual investment plan received 99.9354% approval [14] - Proposal 9 on the remuneration report for directors, supervisors, and senior management was approved with 99.8585% [15] - Proposal 10 concerning the ratification of daily related party transactions was approved with 99.8818% [16]

证券代码：000928 证券简称：中钢国际 公告编号：2025-21 中钢国际工程技术股份有限公司 2024 年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前次股东大会决议的情形。 一、会议召开和出席情况 1. 本次股东大会于2025年5月15日下午在北京市海淀区海淀大街8号中钢 国际广场26层会议室以现场与网络相结合的方式召开，会议召集人为公司董事 会，会议由公司副董事长赵恕昆主持。本次会议的召开与表决程序符合《公司 法》《上市公司股东大会规则》等有关法律、行政法规、部门规章、规范性文 件和《公司章程》的规定。 2. 股东出席的总体情况：通过现场和网络投票的股东325人，代表股份 820,085,514股，占公司有表决权股份总数的57.1630％。其中：通过现场投票的 股东2人，代表股份698,021,905股，占公司有表决权股份总数的48.6547％。通过 网络投票的股东323人，代表股份122,063,609股，占公司有表决权股份总数的 8.508 ...

2024 年年度股东大会的 法律意见书 嘉源(2025)-04-298 北京市嘉源律师事务所 关于中钢国际工程技术股份有限公司 2024 年年度股东大会的 法律意见书 西城区复兴门内大街 158 号远洋大厦 4 楼 中国·北京 北京 BEIJING·上海 SHANGHAI·深圳 SHENZHEN·香港 HONG KONG·广州 GUANGZHOU·西安 XI'AN 致：中钢国际工程技术股份有限公司 北京市嘉源律师事务所 关于中钢国际工程技术股份有限公司 北京市嘉源律师事务所（以下简称"本所"）接受中钢国际工程技术股份有 限公司（以下简称"公司"）的委托，根据《中华人民共和国公司法》（以下简 称"《公司法》"）《上市公司股东会规则》（以下简称"《股东会规则》"） 等现行有效的法律、行政法规、部门规章、规范性文件（以下简称"法律法规"） 以及《中钢国际工程技术股份有限公司章程》（以下简称"《公司章程》"）的 有关规定，指派本所律师对公司 2024 年年度股东大会（以下简称"本次股东大 会"）进行见证，并依法出具本法律意见书。 为出具本法律意见书，本所指派律师现场见证了本次股东大会，查阅了公司 提供的与本次股东大会 ...

Core Viewpoint - 中钢国际 is focusing on expanding its international market presence, particularly in the steel sector, while maintaining a strategic approach to risk management in a complex global environment [1][2]. Group 1: Company Overview - 中钢国际 specializes in engineering contracting, technology development, and industrial services, with a strong emphasis on energy conservation, environmental protection, and intelligent manufacturing [1]. - The company has extensive international execution experience and a comprehensive technical service capability across the entire process from mining to cold-rolled end products [1]. - 中钢国际 has established 15 overseas branches and operates in over 50 countries, with 90% of its overseas contracts originating from Belt and Road Initiative countries [1]. Group 2: Market Strategy - In 2024, 中钢国际 aims to capitalize on the growth of the overseas steel market by increasing its market share and achieving breakthroughs in mining, steel plants, cold rolling, and energy sectors [2]. - The company plans to maintain its international development strategy while focusing on risk management and expanding into new markets, particularly in the Middle East and Africa [2]. - 中钢国际 intends to strengthen partnerships with major clients such as Rio Tinto, Tosyali, ArcelorMittal, and Vale to secure key project contracts [2]. Group 3: Project Management and Payment - The company has developed an efficient organizational structure that allows for unified control from headquarters while managing country-specific differences [3]. - 中钢国际 emphasizes the importance of understanding and applying international standards for customized project design [3]. - The company ensures project payments are secured through prepayments from clients and structured payment terms, with approximately 90% of payments received upon project completion [3]. Group 4: Sustainability and Innovation - 中钢国际 is committed to enhancing its technological innovation capabilities, focusing on low-carbon metallurgy engineering technologies to support the green transformation of the steel industry [3]. - The company integrates ecological protection and community development into its overseas projects, aligning with global ESG standards [3].

Group 1: Industry Overview - The steel industry has entered a "reduction and quality improvement" phase, with weak supply-demand balance due to slowing infrastructure and manufacturing sectors [4] - The company aims to leverage its engineering technology advantages to support clients in achieving high-quality development [4] - The company will shift focus from quantity to quality in project acquisition, emphasizing project effectiveness for stable growth [4] Group 2: International Market Expansion - In 2024, the company saw significant growth in overseas contracts, capitalizing on the expanding overseas steel market [5] - The company plans to maintain its international development strategy while exploring new markets in the Middle East and Africa [5] - The company has established a robust overseas business management system to mitigate risks associated with local political and economic factors [8] Group 3: Financial Performance - In 2024, the company achieved a net cash flow from operating activities of CNY 1.504 billion, a 9.95% increase year-on-year [7] - The company reported a 33.10% decline in revenue for 2024, but net profit increased by 9.69% due to optimized business structure and improved project management [12][13] - The company's gross profit margin for engineering projects was 13.61%, with domestic and overseas margins at 15.26% and 13.67% respectively [13] Group 4: Technological Innovation and R&D - The company has made significant advancements in low-carbon metallurgy technology, focusing on high-efficiency processes and equipment [23][24] - The company’s R&D efforts have led to the successful implementation of various low-carbon projects, including the world's first hydrogen-based direct reduction iron production line [24] - The company plans to enhance its digitalization efforts to improve operational efficiency and support technological innovation [18] Group 5: Environmental and Social Responsibility - The company has contributed over CNY 12 million to rural revitalization efforts, enhancing local economic development [27] - The company is committed to supporting low-carbon initiatives and has established a comprehensive environmental management system [25][26] - The company aims to align its operations with national carbon reduction goals, contributing to the steel industry's green transformation [22][29]

Core Viewpoint - The company reported steady growth in 2024 with a revenue of 17.647 billion yuan and a net profit of 0.835 billion yuan, indicating a positive trend in operational resilience and quality improvement [1][2]. Group 1: Financial Performance - In 2024, the company achieved a revenue of 17.647 billion yuan, with a year-on-year growth of 9.69% in net profit, reaching 0.835 billion yuan [1]. - The net cash flow from operating activities was 1.504 billion yuan, reflecting a 9.95% increase year-on-year [1]. - For Q1 2025, the net profit attributable to shareholders was 0.232 billion yuan, showing a year-on-year growth of 7.78%, with a significant improvement in cash flow from operating activities, up by 41.4% [1]. Group 2: Business Strategy and Market Position - The company experienced a revenue decline in 2024 due to the absence of project settlement and industry cycle benefits from 2023, alongside a proactive optimization of business structure [2]. - The company plans to enhance its accounts receivable management and maintain a steady development trajectory by reducing the proportion of accounts receivable [2]. - The company is focusing on green low-carbon transformation and international development, achieving significant results in overseas market expansion, particularly in the "Belt and Road" initiative [2]. Group 3: Shareholder Returns - The company has emphasized shareholder returns, with a cumulative dividend payout of 2.258 billion yuan since its listing [3]. - For the 2024 fiscal year, the company plans to distribute a cash dividend of 2.99 yuan per 10 shares, totaling 0.429 billion yuan, which represents 51.36% of the distributable profit [3].

Investment Rating - The investment rating for the company is "Buy-A" with a 6-month target price of 7.64 CNY [4]. Core Views - The company reported a significant improvement in gross margin and operating cash flow for 2024, despite a decline in revenue due to a high base in 2023 and challenges in the domestic metallurgy industry [2][3]. - The company has a strong order backlog, with total contracts signed amounting to 196.7 billion CNY, indicating potential for future revenue growth, particularly from overseas projects [2][9]. Revenue and Profitability - In 2024, the company achieved revenue of 17.647 billion CNY, a year-on-year decrease of 33.10%, while net profit attributable to shareholders was 835 million CNY, an increase of 9.69% [2][10]. - The gross margin for 2024 was reported at 14.50%, up by 5.71 percentage points, with both domestic and overseas operations showing significant improvements [3][9]. Cash Flow and Financial Health - The operating cash flow improved to a net inflow of 1.504 billion CNY in 2024, reflecting a year-on-year increase of 9.95% [3][11]. - The company maintained a high dividend payout ratio, distributing 4.29 billion CNY in dividends, which is 51.36% of the net profit [2][10]. Future Projections - Revenue projections for 2025-2027 are 19.189 billion CNY, 20.544 billion CNY, and 21.934 billion CNY, respectively, with expected year-on-year growth rates of 8.7%, 7.1%, and 6.8% [9][10]. - Net profit forecasts for the same period are 914 million CNY, 995 million CNY, and 1.076 billion CNY, with growth rates of 9.4%, 8.9%, and 8.2% [9][10].