Core Insights - The company reported a revenue of 52.571 billion yuan, a year-on-year decrease of 7.35%, while achieving a net profit attributable to shareholders of 657 million yuan, a year-on-year increase of 66.45% [1] - The company emphasizes a strategy focused on "green manufacturing, intelligent manufacturing, high-quality manufacturing, lean manufacturing, and precise services," aiming to enhance its competitiveness through technological innovation [1] - The company has made significant advancements in high-end product development, particularly in electrical steel, automotive sheets, and tin-plated (chromium-plated) sheets, ensuring supply for major national projects [1] Financial Performance - The company achieved a net profit of 657 million yuan, representing a 66.45% increase year-on-year [1] - The company's non-recurring net profit reached 682 million yuan, marking a 150.28% year-on-year growth [1] Product Development - The company launched two new products in oriented electrical steel, addressing the industry's long-standing challenges of "low iron loss" and "low noise," supporting energy-efficient and environmentally friendly power grid construction [2] - The production of electrical steel increased by approximately 30% year-on-year, with high magnetic induction oriented electrical steel production rising by about 14% [2] - The company optimized its product structure, with high-grade non-oriented electrical steel production increasing by approximately 37%, and production for new energy vehicles rising by about 33% [2] Technological Advancements - The company is focusing on artificial intelligence, big data, and industrial internet technologies, advancing digital transformation projects such as integrated logistics management and smart carbon management platforms [2] - An AI model platform was launched, featuring a four-layer architecture, and the company has implemented various AI applications [3] - The cold-rolled company was recognized as a "lighthouse factory," becoming the third in the national steel industry and seventh globally, showcasing the application of advanced technologies [3]

Core Viewpoint - Beijing Shougang Co., Ltd. has released a revised version of its Articles of Association, providing a solid institutional guarantee for the company's standardized operation and long-term development [1] Shareholder and Shareholder Meeting Regulations - The company was established with a total of 2,310 million shares, of which 1,960 million shares were subscribed by Shougang Group Co., Ltd. The total issued shares are 7,754,967,370, all of which are ordinary shares [2] - The company has clear regulations regarding share increases and reductions, allowing capital increases through various methods, while share repurchases are generally prohibited except under specific circumstances [2] - There are strict restrictions on share transfers, such as a one-year lock-up period for shares issued before public offering and a limit of 25% on annual share transfers by directors and senior management [2] Shareholder and Shareholder Meeting - The company maintains a shareholder register based on securities registration and settlement institutions, with shareholders enjoying rights and obligations according to their shareholding categories [3] - The shareholder meeting is the company's authority body, consisting of annual and temporary meetings, with specific timelines for convening and decision-making processes [3] - Shareholders holding more than 1% of shares can propose temporary motions ten days before the meeting, with ordinary resolutions requiring a simple majority and special resolutions needing two-thirds approval [3] Board of Directors - The board consists of 7 to 13 directors, with a majority being external directors, including one employee representative [4] - The board has the authority to convene shareholder meetings and execute resolutions, with the chairman elected by a majority of the board [4] - Various specialized committees are established under the board, including audit, strategy, risk, ESG and compliance management, nomination, and remuneration committees, each with defined responsibilities [4] Financial Accounting and Profit Distribution - The company has a comprehensive financial accounting system, requiring timely submission and disclosure of annual, semi-annual, and quarterly reports [5] - When distributing annual after-tax profits, 10% is allocated to statutory reserves, with additional allocations subject to shareholder meeting resolutions, and remaining profits distributed according to shareholding ratios [5] - The profit distribution policy emphasizes legal compliance, continuity, stability, and prioritizes cash dividends, with specific policies determined by the company's development stage and profitability [5] Company Mergers, Divisions, and Other Matters - Mergers can be conducted through absorption or new establishment, with certain conditions allowing for board resolutions without shareholder approval [6] - The company has established procedures for division, capital increase, and decrease, with dissolution requiring a clearing process led by a board-appointed clearing group [6] - The revision and release of the Articles of Association further enhance the governance structure of Beijing Shougang Co., Ltd., contributing to improved management and operational efficiency for sustainable development [6]

Core Viewpoint - Beijing Shougang Co., Ltd. reported a significant increase in profitability despite a 7.35% year-on-year decline in revenue, showcasing strong operational resilience and internal growth momentum through product structure optimization, precise cost control, and technological innovation [1][2]. Revenue and Profitability - Revenue for the first half of 2025 decreased to 52.517 billion yuan, but net profit surged by 66.45% to 657 million yuan, indicating a strong recovery in profitability [1][2]. - Basic earnings per share increased by 66.40% to 0.0847 yuan, and the weighted average return on equity rose by 0.52 percentage points to 1.32%, reflecting improved capital profitability [2]. - Cash flow from operating activities increased by 91.65%, and cash reserves grew by 58.96% compared to the previous year, while the debt ratio decreased to 57.43% [2]. Product and Technology Advancements - The company emphasized a "premium manufacturing" strategy, with significant improvements in product structure, leading to a 12% increase in the output of three strategic products: electrical steel, automotive plates, and tin/chromium plates [3]. - Electrical steel production rose by approximately 30%, with high-grade non-oriented electrical steel output increasing by 33%, meeting the demands of leading new energy vehicle manufacturers [3]. - The company achieved breakthroughs in technology, obtaining 208 patent authorizations and participating in the establishment of various industry standards [3]. Green and Intelligent Manufacturing - Shougang maintained an "A" rating in environmental performance and advanced its green supply chain initiatives, promoting carbon footprint certification among key suppliers [4]. - Collaborations with companies like Geely and FAW-Volkswagen were established to promote low-carbon projects and circular economy systems [4]. - The company implemented advanced technologies in intelligent manufacturing, becoming one of the few global "lighthouse factories" and enhancing operational efficiency through digital transformation [4].

Financial Performance - The company reported total revenue of 52.517 billion yuan for the first half of 2025, with a net profit attributable to shareholders of 656 million yuan, representing an increase of 262 million yuan or 66.45% compared to the same period last year [1] - Operating cash flow increased to 2.196 billion yuan, up 1.050 billion yuan or 91.65% year-on-year, marking two consecutive years of growth [1] Profitability and Efficiency - The latest asset-liability ratio stands at 57.43%, a decrease of 0.85 percentage points from the previous quarter and a reduction of 2.22 percentage points from the same period last year [3] - The gross profit margin is reported at 5.17%, an increase of 0.06 percentage points from the previous quarter and up 1.28 percentage points year-on-year [3] - The diluted earnings per share are 0.08 yuan, an increase of 0.03 yuan or 66.40% compared to the same period last year [4] - The latest inventory turnover ratio is 4.65 times, an increase of 0.04 times year-on-year, achieving two consecutive years of growth [4] Shareholder Structure - The number of shareholders is reported at 83,800, with the top ten shareholders holding 6.718 billion shares, accounting for 86.41% of the total share capital [4] - The largest shareholder is Shougang Group Co., Ltd., holding 56.87% of the shares [4]

Company Overview - Company reported a total revenue of 52.517 billion yuan, a decrease of 7.35% year-on-year [11] - Total profit reached 877 million yuan, an increase of 70.26% year-on-year [11] - Net profit attributable to shareholders was 657 million yuan, up 66.45% year-on-year [11] - Earnings per share increased to 0.0847 yuan, up 0.0338 yuan per share year-on-year [11] - Total assets amounted to 129.433 billion yuan, with equity attributable to shareholders at 50.122 billion yuan [11] Industry Development - In the first half of 2025, China's GDP grew by 5.3% year-on-year [3] - The steel industry saw a significant increase in economic benefits due to self-discipline in production control and rising exports [3] - Crude steel production decreased by 3.0% year-on-year to 514.83 million tons, while steel output increased by 4.6% year-on-year to 734.38 million tons [3] - The average steel price index (CSPI) was 93.75 points, down 13.35% year-on-year [3] Strategic Focus - Company emphasizes "green manufacturing, intelligent manufacturing, boutique manufacturing, lean manufacturing, and precise services" as its strategic direction [6] - The company aims to enhance its competitive edge through technological innovation and high-end product development, focusing on electrical steel, automotive sheets, and tin-plated (chromium) sheets [6][7] Product Development - The company has developed a leading position in the production of electrical steel, with significant advancements in high magnetic induction and low noise products [8] - The company’s automotive sheet production increased by approximately 6% year-on-year, with high-end products showing substantial growth [17] - The production of tin-plated (chromium) sheets decreased by about 5%, but high-end products saw an increase [18] Environmental Initiatives - The company is recognized as the world's first steel enterprise to achieve ultra-low emissions across its entire production process [19] - It is actively working on carbon reduction technologies and has established a green low-carbon product pricing system [20] Technological Advancements - The company is advancing its digital transformation through AI, big data, and industrial internet technologies [21] - It has launched an AI model platform and has been recognized as a "lighthouse factory" for its innovative practices [21] Cost Management - The company is focusing on comprehensive cost reduction strategies, including resource optimization and technology improvements [22]

Core Viewpoint - Shougang Co., Ltd. reported a decline in revenue for the first half of 2025, while net profit showed significant growth, indicating a mixed performance in financial results [1] Financial Performance - The company achieved operating revenue of 52.517 billion yuan, a year-on-year decrease of 7.35% [1] - Net profit attributable to shareholders reached 656 million yuan, reflecting a year-on-year increase of 66.45% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 682 million yuan, marking a year-on-year growth of 150.28% [1] - Basic earnings per share stood at 0.0847 yuan [1]

首钢股份(000959.SZ)发布2025年半年度报告，该公司营业收入为525.17亿元，同比减少7.35%。归属于 上市公司股东的净利润为6.57亿元，同比增长66.45%。归属于上市公司股东的扣除非经常性损益的净利 润为6.82亿元，同比增长150.28%。基本每股收益为0.0847元。 ...

北京首钢股份有限公司董事会议事规则 第一章 总则 第一条 为规范北京首钢股份有限公司(以下简称"公 司")董事会的议事及决策程序，充分发挥董事会经营决策 中心的作用，根据《中华人民共和国公司法》(以下简称"《公 司法》")及其他法律、法规、规范性文件以及《北京首钢 股份有限公司章程》(以下简称"《公司章程》")的规定， 特制定《北京首钢股份有限公司董事会议事规则》(以下简 称"本规则")。 第二条 本规则为相关法律、法规、规范性文件和公司 章程的补充规定，公司召开董事会除应遵守本规则的规定外， 还应符合相关法律、法规、规范性文件和《公司章程》的规 定。 第二章 董事会一般规定 第三条 公司董事会由七至十三名董事组成，其中外部 董事(含独立董事)应当占多数，董事会具体人数由股东会在 此区间内确定。董事会设董事长一人、可以设副董事长一至 二人，董事长、副董事长由公司董事会以全体董事的过半数 同意在董事中选举产生。 第四条 董事会行使下列职权： (一)召集股东会，并向股东会报告工作； (二)执行股东会的决议； 1 (三)决定公司的经营计划和投资方案； (四)制订公司的利润分配方案和弥补亏损方案； (五)制订公司增加 ...

北京首钢股份有限公司股东会议事规则 第一章 总 则 第一条 为规范北京首钢股份有限公司(以下简称"公司") 行为，保证股东依法行使职权，根据《中华人民共和国公司法》 (以下简称"《公司法》")《中华人民共和国证券法》(以下简 称"《证券法》")等有关法律、法规和规范性文件以及《北京 首钢股份有限公司章程》(以下简称"《公司章程》")规定，制 订《北京首钢股份有限公司股东会议事规则》(以下简称"本规 则")。 第二条 公司股东会的召集、提案、通知、召开等事项适用 本规则。 公司应当严格按照法律、行政法规、《公司章程》和 本规则的相关规定召开股东会，保证股东能够依法行使权利。 公司董事会应当切实履行职责，认真、按时组织股东会。公 司全体董事应当勤勉尽责，确保股东会正常召开和依法行使职权。 第三条 公司股东会由全体股东组成。股东会是公司的权力 机构，应当在《公司法》等相关法律、法规和规范性文件以及《公 司章程》规定的范围内依法行使下列职权： (一)选举和更换董事，决定有关董事的报酬事项； (二)审议批准董事会的报告； (三)审议批准公司的利润分配方案和弥补亏损方案； (四)对公司增加或者减少注册资本作出决议； (五 ...

第一条 为适应北京首钢股份有限公司(以下简称"公司")战略 发展、风险、ESG(环境、社会和公司治理)与合规管理需要，完善投 资决策程序，提高决策的科学水平和工作效率，完善公司治理结构， 提升公司环境、社会和公司治理(ESG)管理水平,根据《中华人民共和 国公司法》《上市公司治理准则》《北京首钢股份有限公司章程》(以 下简称"《章程》")、《北京首钢股份有限公司董事会议事规则》 等法律、法规、规章及规范性文件的规定，公司设立董事会战略、风 险、ESG 与合规管理委员会，制定本条例。 第二条 董事会战略、风险、ESG 与合规管理委员会是董事会的 专门工作机构，主要负责对公司长期发展战略和重大投资项目、全面 风险管理体系、ESG 管理及全面合规管理体系的建立健全等重大事项 进行研究并提出审核意见。战略、风险、ESG 与合规管理委员会在董 事会领导下开展工作，对董事会负责。 第二章 人员组成 第三条 战略、风险、ESG 与合规管理委员会由五名公司董事组 成。 北京首钢股份有限公司 董事会战略、风险、ESG 与合规管理委员会工作条例 第一章 总 则 第四条 战略、风险、ESG 与合规管理委员会的委员由董事长、 二分之 ...