Core Points - Beijing Shougang Co., Ltd. will disclose its Q3 2025 report on October 31, 2025, and plans to hold an earnings briefing to enhance communication with investors [1][5] Group 1: Online Earnings Briefing - The online earnings briefing is scheduled for October 31, 2025, from 9:30 to 10:30 AM [2] - The briefing will be conducted via a remote interactive format, allowing investors to participate through the investor relations platform [2] - The company is collecting questions in advance from investors to address common concerns during the briefing [3] Group 2: Specific Investor Earnings Briefing - A specific investor earnings briefing will take place on October 31, 2025, from 3:00 to 4:00 PM [6] - This session will be conducted as a conference call [6] - Attendees will include the board secretary and key subsidiary leaders [6]

Core Viewpoint - Shougang Co., Ltd. experienced a stock price decline of 2.14% on October 24, 2023, with a current price of 4.11 CNY per share and a total market capitalization of 31.873 billion CNY [1] Group 1: Stock Performance - Year-to-date, Shougang's stock price has increased by 35.73%, with a slight increase of 0.49% over the last five trading days, but a decline of 11.04% over the last 20 days and 5.30% over the last 60 days [2] - As of June 30, 2025, the number of shareholders decreased by 2.12% to 83,800, while the average circulating shares per person increased by 2.17% to 77,692 shares [2] Group 2: Financial Performance - For the first half of 2025, Shougang reported operating revenue of 52.517 billion CNY, a year-on-year decrease of 7.35%, while net profit attributable to shareholders increased by 66.45% to 656 million CNY [2] - Since its A-share listing, Shougang has distributed a total of 8.221 billion CNY in dividends, with 405 million CNY distributed over the last three years [3] Group 3: Shareholder Composition - As of June 30, 2025, Hong Kong Central Clearing Limited is the seventh largest circulating shareholder, holding 53.6133 million shares, an increase of 9.779 million shares from the previous period [3] - Southern CSI 500 ETF is the tenth largest circulating shareholder, holding 23.1542 million shares as a new shareholder [3]

Group 1 - The core point of the news is the resignation of Qiu Yinfu as the chairman and director of Shougang Co., and the election of Zhu Guosen as the new chairman during the second extraordinary general meeting of shareholders for the year 2025 [1] - Zhu Guosen was elected as a director and appointed as the chairman of the board's strategy, risk, ESG, and compliance management committee [1] - The board of directors' committee adjustments were made, with Zhu Guosen replacing Qiu Yinfu as the chairman of the committee, while other committee members remained unchanged [4] Group 2 - The board approved a proposal to adjust the share repurchase plan and obtain a commitment letter for stock repurchase loans from financial institutions, aiming to optimize the capital structure and ensure fund safety [5] - The voting results for the share repurchase plan adjustment were unanimous, with 8 votes in favor and no votes against or abstaining [5]

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]