Core Viewpoint - The resignation of Qiu Yinfu as the chairman of Beijing Shougang Co., Ltd. and the appointment of Zhu Guosen as the new chairman are significant changes in the company's leadership structure, indicating a potential shift in strategic direction and management focus [1][4]. Group 1: Board Meeting and Resignation - Qiu Yinfu submitted his resignation due to work adjustments, effective immediately, and will no longer hold any positions within the company or its subsidiaries [1]. - The board meeting was held on October 22, 2025, where Zhu Guosen was elected as the new chairman, with unanimous support from the board members [3][4]. Group 2: Board Restructuring - The board approved the adjustment of the strategic, risk, ESG, and compliance management committee, with Zhu Guosen taking over as the chairman of the committee [5]. - The board's audit committee, compensation and assessment committee, and nomination committee remain unchanged [5]. Group 3: Share Repurchase Plan - The board approved adjustments to the share repurchase plan, aiming to optimize the capital structure and ensure the safety and efficiency of fund usage, while protecting investor rights [6].

证券代码：000959 证券简称：首钢股份 公告编号：2025-049 一、网上业绩说明会 （一）召开时间：2025 年 10 月 31 日（星期五）9:30-10:30。 （二）召开方式：采用网络远程互动的方式举行，投资者可登陆 全景网"投资者关系互动平台"（https://ir.p5w.net/c/000959）参与。 （三）出席人员：公司董事、总经理孙茂林，总会计师刘同合， 董事会秘书乔雨菲。 （四）征集问题：为充分尊重投资者、提升交流的针对性，使广 大投资者更全面地了解公司 2025 年前三季度经营情况，现就本次业 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。 投资者可访问 https://ir.p5w.net/zj/，或扫描下方二维码，进入问题 征集专题页面。公司将在本次业绩说明会上对投资者普遍关注的问题 进行解答。欢迎广大投资者积极参与本次网上业绩说明会。 （问题征集二维码） 1 北京首钢股份有限公司 关于召开 2025 年三季度业绩说明会的公告 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。 北京首钢股份有限公司（以下简称"公司 ...

Market Overview - On October 23, the steel sector rose by 0.32% compared to the previous trading day, with Nanjing Steel leading the gains [1] - The Shanghai Composite Index closed at 3922.41, up 0.22%, while the Shenzhen Component Index closed at 13025.45, also up 0.22% [1] Individual Stock Performance - Nanjing Steel (600282) closed at 5.26, up 2.14% with a trading volume of 340,700 shares and a turnover of 177 million yuan [1] - Anyang Iron & Steel (600569) closed at 2.44, up 1.67% with a trading volume of 373,700 shares [1] - New Century Steel (000778) closed at 4.00, up 1.27% with a trading volume of 563,300 shares [1] - Hebei Steel (000709) closed at 2.59, up 1.17% with a trading volume of 1,917,500 shares [1] - Ansteel (000898) closed at 2.77, up 1.09% with a trading volume of 367,000 shares [1] Fund Flow Analysis - The steel sector experienced a net outflow of 417 million yuan from institutional investors, while retail investors saw a net inflow of 382 million yuan [2] - The top stocks with significant fund flow include: - Wujin Stainless Steel (603878) with a net inflow of 12.92 million yuan from institutional investors [3] - Youfa Group (601686) with a net inflow of 12.74 million yuan from institutional investors [3] - Chongqing Steel (601005) with a net inflow of 11.07 million yuan from institutional investors [3]

Core Viewpoint - The resignation of Qiu Yinfu as Chairman of Shougang Co., Ltd. is due to work adjustments, and Zhu Guosen has been elected as the new chairman, indicating a normal personnel change within the company [1] Group 1: Leadership Changes - Qiu Yinfu, born in November 1967 and a senior engineer, has served in various roles within the Shougang system, including Chairman of Shougang Jingtang Steel and was appointed Chairman of Shougang Co., Ltd. in December 2023 [1] - Zhu Guosen, the new chairman, has extensive management experience, having previously served as General Manager of Shougang Co., Ltd. and currently retains the position of Deputy General Manager of Shougang Group [1] Group 2: Company Operations - The company stated that this personnel change is a normal adjustment and will not significantly impact daily operations, debt repayment capacity, or corporate governance structure [1] - Shougang Co., Ltd. reports that all business operations are running smoothly, and relevant follow-up procedures will be handled according to regulations [1]

Core Points - The former chairman of Shougang Co., Ltd., Qiu Yinfu, has resigned due to work adjustments, and Zhu Guosen has been elected as the new chairman [2] - Qiu Yinfu has a long career within the Shougang system, having held various positions, including vice general manager of Shougang Qian Steel and chairman of Shougang Jingtang Steel [2] - Zhu Guosen has extensive management experience, previously serving as the general manager of Shougang Co., Ltd. before resigning from that position in March 2024 [2] - The company stated that this personnel change is a normal adjustment and will not significantly impact daily operations, debt repayment capacity, or corporate governance structure [2] Company Background - Qiu Yinfu was born in November 1967 and holds a senior engineer title with a bachelor's degree [2] - Zhu Guosen retains the position of deputy general manager of Shougang Group after his resignation as general manager [2] - The company reports that all business operations are running smoothly, and relevant follow-up procedures will be handled according to regulations [2]

Group 1 - The company held its second extraordinary general meeting of shareholders for the year 2025 on October 22, 2025, with a total of 429 shareholders present, representing 6,008,330,919 shares, which accounts for 77.4772% of the total voting shares [4][7] - The meeting was conducted in a combination of on-site and online voting, and the proposal to elect Zhu Guosen as a director was approved with 99.9078% of the votes in favor [15][16] - The meeting's procedures and voting results were confirmed as legal and valid by the witnessing lawyers from Beijing Guofeng Law Firm [17] Group 2 - The chairman of the company, Qiu Yinfu, submitted his resignation due to work adjustments, effective immediately upon delivery of his resignation report to the board [20][21] - The board expressed gratitude for Qiu Yinfu's diligence and responsibility during his tenure [22] Group 3 - The company announced an adjustment to its share repurchase plan, changing the funding source from "self-owned funds" to "self-owned funds and stock repurchase special loans" [25][28] - The repurchase plan aims to buy back between 40 million and 80 million shares, representing 0.52% to 1.03% of the total share capital, with a maximum repurchase price of RMB 6.50 per share [28] - The company obtained a loan commitment from the Industrial and Commercial Bank of China for up to RMB 468 million, which will cover up to 90% of the total repurchase funds [29]

Core Points - The chairman of Shougang Co., Qiu Yinfu, submitted a written resignation report to the board of directors on October 22, 2025, due to work adjustments [1] - Qiu Yinfu's resignation means he will no longer hold any positions within the company or its subsidiaries [1] - His original term was set to last until the expiration of the eighth board of directors [1]

Core Viewpoint - The article summarizes significant announcements from various listed companies in the Shanghai and Shenzhen stock markets, highlighting potential investment opportunities and risks based on recent developments and financial performance. Group 1: Company Announcements - Tianpu Co., Ltd. warns that its stock price has significantly deviated from its fundamentals, with a cumulative increase of 246.02% from August 22 to October 22, indicating a potential for rapid decline [4] - Shenzhen Sanda A plans to sell stakes in several subsidiaries to focus on its core business, including 80% of Zhongdian Continental Environmental Technology [5][6] - Zhongchong Co., Ltd. received an administrative regulatory measure from the Shandong Securities Regulatory Bureau for failing to announce a significant change in shareholding [7] - Construction Machinery has reported a net loss of 447 million yuan for the first half of 2025, marking three consecutive years of losses [8] - Junshi Biosciences announced that its subsidiary passed a recent FDA inspection, indicating compliance with CGMP standards [9] Group 2: Financial Performance - Duofuduo reported a net profit increase of 407.74% year-on-year for the first three quarters of 2025, with a revenue of 6.73 billion yuan [17] - Weihuaxincai achieved a net profit growth of 250.04% year-on-year in Q3, with revenues of 660 million yuan [18] - Guangdong Jianke reported a net profit increase of 190.62% year-on-year for the first three quarters, despite a revenue decline [19] - Xianggang Technology reported a net profit increase of 186.19% year-on-year for the first three quarters, with revenues of 742 million yuan [20] - Defu Technology reported a net profit increase of 132.63% year-on-year for the first three quarters, driven by increased copper foil sales [21] Group 3: Major Transactions and Investments - Tangrenshen plans to establish two investment funds with a total investment of 11.04 million yuan to focus on the agricultural sector [13] - Farsen intends to sell a 10% stake in Bekaert Steel Cord, constituting a major asset restructuring [14] - Shikong Technology plans to acquire 100% of Jiahe Jingwei, entering the storage sector [15] - Jiangsu New Energy's controlling shareholder is investing in offshore wind power projects and will manage the project companies [11][12] Group 4: Shareholder Actions - Qianyuan Pharmaceutical's shareholder plans to reduce its stake by up to 3% [42] - Zhengfan Technology's board members plan to collectively reduce their holdings by up to 1.88% [43]

Core Viewpoint - Beijing Shougang Co., Ltd. has adjusted its share repurchase plan to include a special loan from a financial institution, ensuring orderly execution and optimizing capital structure while maintaining other core terms of the plan unchanged [1][3][5] Summary by Sections Original Repurchase Plan Overview - The original plan involved repurchasing 40 million to 80 million shares, accounting for 0.52% to 1.03% of the total share capital, with a budget of approximately 260 million to 520 million RMB, at a maximum price of 6.50 RMB per share [2] Key Adjustments - The adjustment changes the funding source from solely self-owned funds to include self-owned funds and a special stock repurchase loan, aimed at leveraging favorable loan policies and ensuring investor rights [3][5] Special Loan Details - The company secured a loan commitment from the Beijing branch of the Industrial and Commercial Bank of China for up to 468 million RMB, which can cover up to 90% of the total repurchase funds, with a maximum term of three years [4] Impact of Adjustments - The adjustments comply with relevant laws and regulations and are not expected to adversely affect the company's debt servicing ability, ongoing operations, or shareholder rights [5]

Group 1 - The chairman of Shougang Co., Ltd., Qiu Yinfu, submitted his resignation due to work adjustments, effective October 22, 2025, and will no longer hold any positions within the company or its subsidiaries after his resignation [1] - Shougang Co., Ltd. reported that its revenue composition for the first half of 2025 was 100% from metallurgy [1] - The current market capitalization of Shougang Co., Ltd. is 32.3 billion yuan [2]