Investment Rating - The investment rating for the company is "Buy" (maintained) [4] Core Views - The company's net profit attributable to shareholders for Q1-Q3 2024 increased by 30.36% year-on-year, aligning with market expectations. The total revenue for the same period was 12.603 billion, down 26.56% year-on-year, while the gross margin and net profit margin were 12.39% and 5.08%, respectively, showing improvements of 3.84 percentage points and 2.22 percentage points year-on-year [4] - The company experienced a significant increase in overseas orders, with new contracts signed amounting to 15.1 billion, a year-on-year increase of 4%. The domestic new contracts were 2.8 billion, down 64% year-on-year, while foreign contracts reached 12.3 billion, up 81% year-on-year [4] - The company is actively developing low-carbon metallurgy technologies, achieving significant results in several demonstration projects, which positions it well to capture market share as carbon neutrality policies advance [4] - The profit forecast for 2024-2026 has been revised downwards due to pressures in the domestic steel industry, with expected net profits of 860 million, 975 million, and 1.073 billion for 2024, 2025, and 2026, respectively, reflecting year-on-year growth rates of 12.9%, 13.4%, and 10.1% [4] Summary by Sections Financial Performance - For Q1-Q3 2024, the company reported total revenue of 12.603 billion, a decrease of 26.56% year-on-year, with a net profit of 640 million, an increase of 30.4% year-on-year. The gross margin for this period was 12.4% [5][7] - The operating cash flow for Q1-Q3 2024 was -3.98 billion, with a cash collection ratio of 73.4%, down 5.9 percentage points year-on-year [4] Market Expansion - The company has successfully expanded its overseas market presence, particularly benefiting from the Belt and Road Initiative, with a significant increase in foreign contracts [4] Technology Development - The company is focusing on low-carbon metallurgy technologies, with several projects achieving design-level performance, which is expected to enhance its competitive edge in the market [4]

Group 1: Financial Performance - The company achieved a revenue of 1.26 billion yuan in the first three quarters, a decrease compared to the same period last year [2] - Net profit attributable to shareholders reached 640 million yuan, representing a 30% increase year-on-year [2] - Net profit excluding non-recurring gains and losses was 580 million yuan, up 33% year-on-year [2] Group 2: Cash Flow and Payment Issues - Operating cash flow showed a significant outflow compared to the same period last year due to the long-term structural adjustments in the domestic steel industry [2] - Decreased revenue led to reduced collections during the reporting period [2] - The company accelerated payment to suppliers to avoid delays in payments to compliant vendors [2] Group 3: New Contracts and International Expansion - New contracts signed in the first three quarters totaled 15.052 billion yuan, with foreign project contracts amounting to 12.291 billion yuan, accounting for over 80% [3] - The majority of new foreign contracts are concentrated in Africa, including Algeria, Egypt, and Guinea [3] - The total amount of signed but uncompleted orders at the end of the third quarter was 42.3 billion yuan [3] Group 4: Gross Margin and Cost Control - The company is enhancing cost control across the project lifecycle and improving project management to boost gross margin [3] - Increased market promotion of competitive technological advantages is contributing to the improvement of overall gross margin [3] Group 5: Debt Restructuring Progress - The debt restructuring of the China Steel Group is progressing as planned, with shares being transferred to China Steel Capital [4] - The company will disclose further developments in accordance with regulatory requirements [4]

Summary of the Conference Call Industry or Company Involved - The conference call pertains to the **Jilin Province listed companies** and their efforts to enhance investor confidence and communication through an online event organized by the **Jilin Securities Association** and **Shenzhen Panorama Network Co., Ltd** [1][10]. Core Points and Arguments - The event titled **"Promoting High-Quality Development to Boost Investor Confidence 2025"** aims to improve the intellectual level of listed companies in Jilin and establish a good communication mechanism between companies and investors [1]. - High-level executives from various listed companies, including chairpersons, general managers, financial directors, and board secretaries, participated in the online interaction with investors, addressing concerns regarding the **2024 annual reports**, risk prevention, investor protection, and sustainable development [1][10]. - The event facilitated a total of **872 questions** answered by company representatives, showcasing effective interaction between listed companies and investors [10]. Other Important but Possibly Overlooked Content - The online format of the event allows for a more comprehensive understanding of the participating companies by investors, leveraging the advantages of internet-based face-to-face communication [3]. - Continuous communication channels will remain open post-event, allowing investors to raise further inquiries through the Panorama Network's platform [10]. - The list of participating companies includes notable names such as **Jilin Communication, Jilin Aodong, Jilin High-Speed, and others**, indicating a diverse representation from the Jilin province [2].

Summary of the Conference Call Industry or Company Involved - The conference call pertains to the **Jilin Province listed companies** and their efforts to enhance investor confidence and communication through an online collective reception day event in 2025 [1][10]. Core Points and Arguments - The event is organized by the **Jilin Securities Industry Association** in collaboration with **Shenzhen Panorama Network Co., Ltd.**, aimed at improving the intellectual level of listed companies in the Jilin region and establishing a good communication mechanism between companies and investors [1][10]. - High-level executives from various listed companies, including chairpersons, general managers, financial directors, and board secretaries, participated in the online interaction with investors, addressing concerns regarding the **2024 annual reports**, risk prevention, investor protection, and sustainable development [1][10]. - The event utilized internet virtual space for face-to-face communication, allowing investors to gain a comprehensive understanding of the participating companies [3][10]. - A total of **872 questions** were answered by company representatives during the event, indicating a strong interaction between listed companies and investors [10]. Other Important but Possibly Overlooked Content - The event emphasized the importance of maintaining open channels for communication between listed companies and investors, encouraging ongoing dialogue beyond the event [10]. - The initiative reflects a broader trend in the industry towards enhancing transparency and responsiveness to investor inquiries, which is crucial for building trust and confidence in the market [1][10].

Summary of the Conference Call Industry or Company Involved - The conference call pertains to the **Jilin Province listed companies** and their efforts to enhance investor confidence and communication through an online collective reception day event in 2025 [1][10]. Core Points and Arguments - The event is organized by the **Jilin Securities Industry Association** in collaboration with **Shenzhen Panorama Network Co., Ltd.**, aimed at improving the intellectual level of listed companies in the Jilin region and establishing a good communication mechanism between companies and investors [1][10]. - High-level executives from various listed companies, including chairpersons, general managers, financial directors, and board secretaries, participated in the online interaction with investors, addressing concerns regarding the **2024 annual reports**, risk prevention, investor protection, and sustainable development [1][10]. - The event facilitated a total of **872 questions** answered by company representatives, showcasing effective interaction between listed companies and investors [10]. Other Important but Possibly Overlooked Content - The event utilized multiple channels for real-time reporting, including video live streaming, text reporting, and on-site images, to ensure comprehensive coverage and engagement [1]. - The ongoing communication channels will remain open for investors to continue raising their concerns through the **Panorama Network** platform, indicating a commitment from Jilin listed companies to address investor information needs promptly [10].

Summary of the Conference Call Industry or Company Involved - The conference call pertains to the **Jilin Province listed companies** and their efforts to enhance investor confidence through an online collective reception day event in 2025 [1][10]. Core Points and Arguments - The event is organized by the **Jilin Securities Industry Association** in collaboration with **Shenzhen Panorama Network Co., Ltd.**, aimed at improving the intellectual level of listed companies in Jilin and establishing a good communication mechanism between companies and investors [1][10]. - High-level executives from various listed companies, including chairpersons, general managers, financial directors, and board secretaries, participated in the online interaction with investors, addressing concerns regarding the **2024 annual reports**, risk prevention, investor protection, and sustainable development [1][10]. - The event utilized internet virtual space for face-to-face communication, allowing investors to gain a comprehensive understanding of the participating companies [3][10]. - A total of **872 questions** were answered by company representatives during the event, indicating a strong interaction between listed companies and investors [10]. Other Important but Possibly Overlooked Content - The event emphasizes the importance of maintaining open channels for communication between listed companies and investors, suggesting that the interaction will continue beyond the event through platforms like **Panorama Network** [10]. - The initiative reflects a broader trend in the industry towards enhancing transparency and responsiveness to investor inquiries, which is crucial for building trust and confidence in the market [1][10].

各位嘉宾各位投资者各位网友大家下午好 推动高质量发展提振投资者信心2025年吉林辖区上市公司投资者网上集体接待日活动热情欢迎您的参与本次活动是由吉林省证券业协会主办深圳市全景网络有限公司协办感谢您的关注全景网全景路演将对本次活动进行全程关注利用视频直播文字报道现场图片等多渠道对活动进行现场实时报道 为切实提高吉林辖区上市公司智力水平建立公司和投资者良好沟通机制便于投资者全面深入了解辖区上市公司发展情况和经营成果由吉林省证券业协会联合深圳市全景网络有限公司共同举办的推动高质量发展提振投资者信心2025年吉林辖区上市公司投资者网上集体接待日活动 活动组织辖区各上市公司董事长总经理财务总监董事会秘书等高管人员利用投资者关系互动平台与广大投资者进行集中在线交流在本次活动中吉林辖区上市公司高管人员将通过网络在线交流形式就2024年年报防控风险投资者保护可持续发展等各位所关心的问题 通过互动平台和投资者进行一对多形式的沟通和交流下面请允许我向大家介绍出席今日活动的吉林辖区的49家上市公司他们是奥莱德奥普光电百克生物长白山长春高新长春燃气长春伊东迪瑞医疗东北证券富澳股份浩辰医疗华为电子 吉大通信 吉大证源 吉电股份吉林敖东 ...

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 注销 2022 年股票期权激励计划部分股票期权的 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 2024 年 10 月 为出具本法律意见书，本所对中钢国际本次注销的相关事项进行了调查，查 阅了中钢国际本次注销的相关文件，并就有关事项向公司有关人员作了询问并进 行了必要的讨论。 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 注销 2022 年股票期权激励计划部分股票期权的 法律意见书 嘉源(2024)-05-366 敬启者： 根据《中华人民共和国公司法》《中华人民共和国证券法》、中国证券监督管 理委员会《上市公司股权激励管理办法》（以下简称"《管理办法》"）、国务院 国有资产监督管理委员会（以下简称"国务院国资委"）与中华人民共和国财政 部《国有控股上市公司（境内）实施股权激励试行办法》、国务院国资委和财政 部《关于规范国有控股上市公司实施股权激励制 ...

证券代码：000928 证券简称：中钢国际 公告编号：2024-79 2024 年第三季度，公司新签工程项目合同 30 个，合同金额总计 53.53 亿元， 其中国内项目合同 22 个，合同金额合计 11.72 亿元；国外项目合同 8 个，合同 金额合计 41.82 亿元。 2024 年前三季度，公司新签工程项目合同共计 73 个，合同金额总计 150.52 亿元，其中国内项目合同 52 个，合同金额合计 27.61 亿元；国外项目合同 21 个， 合同金额合计 122.91 亿元。 二、已签约未完工订单数量及金额 截至报告期末，已执行未完工项目 300 个，预计总收入 1,033.79 亿元，累计 已确认收入 773.66 亿元，未完工部分预期收入 260.12 亿元；已签订合同但尚未 开工项目 39 个，合同金额合计 163.24 亿元。 三、已中标尚未签约订单情况 中钢国际工程技术股份有限公司 关于2024年第三季度工程业务经营情况的自愿性信息披露公告 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。 根据《深圳证券交易所股票上市规则》《深圳证券交易所上市 ...

Financial Performance - The company's operating revenue for Q3 2024 was ¥3,529,083,189.13, a decrease of 45.42% compared to the same period last year[3] - Net profit attributable to shareholders for Q3 2024 was ¥220,563,021.15, an increase of 48.67% year-on-year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥205,976,392.89, up 42.74% from the previous year[3] - The basic earnings per share for Q3 2024 was ¥0.1537, representing a growth of 33.89% compared to the same period last year[3] - Total operating revenue for Q3 2024 was CNY 12,602,509,709.26, a decrease of 26.5% compared to CNY 17,159,184,708.50 in the same period last year[15] - Net profit attributable to shareholders of the parent company increased to CNY 8,205,496,949.73, up from CNY 7,872,110,670.07 in the previous year[14] - The net profit for Q3 2024 was CNY 667,768,977.86, an increase of 28.9% compared to CNY 518,320,074.45 in Q3 2023[16] - The total profit for Q3 2024 was CNY 864,834,235.66, compared to CNY 706,425,557.37 in Q3 2023, indicating an increase of 22.4%[16] Assets and Liabilities - The total assets at the end of Q3 2024 were ¥25,775,025,936.03, a decrease of 14.08% from the end of the previous year[3] - The company's total liabilities increased from RMB 10,000,000,000 to RMB 12,000,000,000, indicating a rise of 20%[12] - Total assets decreased to CNY 25,775,025,936.03 from CNY 29,998,220,368.56 year-on-year, reflecting a decline of 13.9%[14] - Total liabilities decreased to CNY 17,260,205,740.80, down 21.5% from CNY 21,829,254,858.88 in the previous year[14] Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date was -¥3,984,755,637.49, a decline of 311.83% compared to the previous year[3] - The cash flow from operating activities showed a net outflow of CNY -3,984,755,637.49, worsening from CNY -967,580,612.81 in the previous year[17] - The company incurred a net cash outflow from financing activities of CNY -527,515,165.22, an improvement from CNY -1,067,710,639.27 in the previous year[18] - The cash and cash equivalents at the end of Q3 2024 were CNY 3,510,442,267.01, down from CNY 5,520,451,643.79 at the end of Q3 2023[18] Shareholder Information - The company reported a total of 61,939 common shareholders at the end of the reporting period[8] - The largest shareholder, China Steel Corporation, held 28.32% of the shares, with 406,262,246 shares pledged[8] - The company plans to transfer 698,001,905 shares (48.66% of total shares) from its controlling shareholder to a wholly-owned subsidiary, which will not change the actual controller[11] - The company’s total equity remains stable despite the changes in shareholding structure, with the actual controller remaining the State-owned Assets Supervision and Administration Commission[11] Operational Efficiency - The company has implemented measures to enhance project management and cost efficiency, leading to significant improvements in net profit[7] - The total current assets decreased from RMB 22,099,499,584.06 to RMB 17,362,984,621.04, representing a decline of approximately 21.0%[12] - Cash and cash equivalents decreased from RMB 9,725,463,961.31 to RMB 4,935,490,231.13, a reduction of about 49.1%[12] - Accounts receivable decreased from RMB 5,084,566,310.79 to RMB 4,964,742,309.83, showing a decrease of approximately 2.4%[12] - Inventory decreased from RMB 2,125,776,406.62 to RMB 1,732,718,950.07, a decline of about 18.4%[12] - Long-term receivables increased from RMB 5,826,075,639.83 to RMB 6,358,940,465.72, reflecting an increase of approximately 9.1%[12] - The company reported a significant increase in contract assets from RMB 831,395,943.25 to RMB 1,197,998,540.79, an increase of about 43.9%[12] Research and Development - Research and development expenses for Q3 2024 were CNY 213,853,837.80, a decrease of 15.9% compared to CNY 254,218,052.21 in the same period last year[15] - The company plans to focus on market expansion and new product development in the upcoming quarters[15] Other Financial Metrics - The weighted average return on net assets was 2.72%, an increase of 0.49% year-on-year[3] - The company's cash and cash equivalents showed a significant increase, contributing to improved liquidity[15] - The total equity attributable to shareholders of the parent company rose to CNY 8,205,496,949.73, compared to CNY 7,872,110,670.07 in the previous year, indicating a growth of 4.2%[14] - The company reported a significant reduction in short-term borrowings, decreasing to CNY 357,757,486.30 from CNY 370,038,194.44 year-on-year[15] - The company reported a total comprehensive income of CNY 659,614,209.96 for Q3 2024, compared to CNY 500,259,019.53 in Q3 2023, marking an increase of 31.8%[16] - The company reported a decrease in other comprehensive income, with a net amount of CNY -8,154,767.90 for Q3 2024, compared to CNY -18,061,054.92 in Q3 2023[16]