2.北京首钢股份有限公司（以下简称"公司"）董事会、董事会 审计委员会对续聘会计师事务所事项无异议，该事项尚需提交股东大 会审议。 3.本次续聘会计师事务所事项符合《国有企业、上市公司选聘会 计师事务所管理办法》的规定。 一、拟续聘会计师事务所的基本情况 证券代码：000959 证券简称：首钢股份 公告编号：2025-020 北京首钢股份有限公司 关于拟续聘会计师事务所的公告 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。 特别提示： 1.拟续聘的会计师事务所：信永中和会计师事务所（特殊普通合 伙）（以下简称"信永中和"）。 （一）机构信息 1.基本信息 会计师事务所名称：信永中和会计师事务所（特殊普通合伙） 成立日期：2012 年 3 月 2 日 组织形式：特殊普通合伙企业 注册地址：北京市东城区朝阳门北大街 8 号富华大厦 A 座 8 层 首席合伙人：谭小青 截至 2024 年 12 月 31 日，信永中和合伙人（股东）259 人，注 册会计师 1780 人。签署过证券服务业务审计报告的注册会计师人数 超过 700 人。 2.投资者保护能力 信永中和已按照 ...

证券代码：000959 证券简称：首钢股份 公告编号：2025-022 北京首钢股份有限公司 关于召开2024年度股东大会的通知 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"）拟于2025年6月6 日召开2024年度股东大会。现将会议事项公告如下。 一、召开会议的基本情况 （一）股东大会届次：2024年度股东大会。 （二）股东大会的召集人：公司八届十七次董事会会议决议召开 本次股东大会。 1.现场会议时间：2025年6月6日（星期五）14:30。 2.网络投票时间：2025年6月6日（星期五）。其中，通过深圳证 券交易所交易系统进行网络投票的时间为2025年6月6日的交易时间， 即9:15—9:25、9:30—11:30 和13:00—15:00；通过深圳证券交易所 互联网投票系统投票的时间为2025年6月6日的9:15-15:00。 （五）会议的召开方式：本次股东大会采用现场表决与网络投票 相结合的方式召开。 1.现场表决：股东本人出席现场会议或通过授权委托他人出席现 场会议。 2.网络投票：本次股东大会将通过深圳证 ...

证券代码：000959 证券简称：首钢股份 公告编号：2025-019 北京首钢股份有限公司 八届十四次监事会会议决议公告 本公司及监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。 一、监事会会议召开情况 （一）北京首钢股份有限公司（以下简称"公司"）八届十四次 监事会会议通知于 2025 年 5 月 9 日以书面及电子邮件形式发出。 （二）会议于 2025 年 5 月 16 日以通讯表决方式召开。 （三）会议应参加表决监事 5 人，实际参加表决监事 5 人。 本议案表决结果：同意 5 票，反对 0 票，弃权 0 票。 本议案需提交股东大会审议。 公司拟续聘信永中和会计师事务所(特殊普通合伙)为 2025 年度 公司审计的会计师事务所，聘期一年。 议案内容详见公司发布的《北京首钢股份有限公司关于拟续聘会 计师事务所的公告》。 （二）会议审议通过了《北京首钢股份有限公司关于为参股公司 提供银行授信担保的议案》 本议案表决结果：同意 5 票，反对 0 票，弃权 0 票。 本议案需提交股东大会审议。 1 （四）本次监事会会议的召开符合法律法规和公司章程的规定。 二、监事会会议 ...

证券代码：000959 证券简称：首钢股份 公告编号：2025-018 北京首钢股份有限公司 八届十七次董事会会议决议公告 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。 一、董事会会议召开情况 （一）北京首钢股份有限公司（以下简称"公司"）八届十七次 董事会会议通知于 2025 年 5 月 9 日以书面及电子邮件形式发出。 （二）会议于 2025 年 5 月 16 日以通讯表决方式召开。 （三）会议应参加表决董事 8 人，实际参加表决董事 8 人。 （四）本次董事会会议的召开符合法律法规和公司章程的规定。 二、董事会会议审议情况 （一）会议审议通过了《北京首钢股份有限公司关于续聘会计师 事务所的议案》 本议案表决结果：同意 8 票，反对 0 票，弃权 0 票。 本议案需提交股东大会审议。 本议案已经过公司董事会审计委员会审议，并获审计委员会全体 委员同意。 公司拟续聘信永中和会计师事务所(特殊普通合伙)为 2025 年度 公司审计的会计师事务所，聘期一年。 议案内容详见公司发布的《北京首钢股份有限公司关于拟续聘会 计师事务所的公告》。 本议案需提交股东大会审 ...

Core Viewpoint - The article discusses the seventh "5 15-5 19 Small Investor Protection Publicity Week" event, focusing on the high-quality development and market value management strategies of Beijing Shougang Co., Ltd. [1][2] Group 1: Company Transformation and Development - Since its listing in 1999, the company has undergone significant transformation, shifting from producing rebar for real estate to manufacturing high-quality steel plates for the manufacturing industry [2] - The company has continuously promoted high-quality development by integrating core manufacturing bases and enhancing its governance structure through the introduction of strategic shareholders [2][4] Group 2: Technological Innovation and Market Position - The company has achieved a value leap through technological innovation, particularly in the production of non-oriented electrical steel for electric vehicles, capturing a significant market share [3] - The company has been recognized for its advanced manufacturing capabilities, with its Shunyi cold-rolled plant awarded as a "Lighthouse Factory," representing the highest level of smart manufacturing and digitalization [3] Group 3: Market Value Management - Market value management has become a core focus for the company, integrated into its assessment system and driven through structured top-down initiatives [4] - The company emphasizes performance, investor communication, and a diverse range of market value management tools, including stable dividends and share buybacks [5]

Group 1: Financial Performance - In Q1 2025, the company achieved a net profit of 328 million CNY, a year-on-year increase of 1449.36%, driven by product structure optimization, cost reduction efforts, and market changes [1] - The production of strategic products in 2024 is projected to reach 7.07 million tons, a year-on-year growth of approximately 7% [2] - The company plans to distribute a cash dividend of 0.22 CNY per 10 shares for the fiscal year 2024, totaling approximately 171 million CNY, which represents 36.30% of the net profit [5] Group 2: Product Development and Strategy - The production of electrical steel is expected to increase to 2.2-2.3 million tons in 2025, an increase of about 200,000 tons from the previous year [2] - The company aims to enhance its competitive edge by focusing on high-end electrical steel, automotive sheets, and tin (chromium) plates, with respective production growth rates of 17%, 9%, and 5% in 2024 [2] Group 3: Capital Expenditure and Environmental Initiatives - The fixed asset investment for 2024 is planned at 3.764 billion CNY, with 2025 projected at 4.126 billion CNY, focusing on projects related to low-carbon steel production and smart manufacturing [3] - The company has maintained an A-class rating for environmental performance and plans to focus on stable operation of existing environmental equipment rather than significant increases in environmental investment [3] Group 4: Depreciation and Future Outlook - The depreciation and amortization expense for 2024 is estimated at 8.036 billion CNY, influenced by investments in new production lines and facilities [4] - The company anticipates a reduction in depreciation expenses in the future as some metallurgical equipment reaches the end of its depreciation period [4]

Group 1: Company Performance and Market Dynamics - The company's electrical steel production increased by approximately 17% year-on-year in 2024 [1] - The overall supply and demand for electrical steel is undergoing structural changes, with ordinary products in oversupply and high-end products in a tight balance [1] - In Q1 2025, the company achieved a net profit attributable to shareholders of 3.28 billion yuan, a year-on-year increase of 1449.36% [2] - The strategic product output grew by 12% year-on-year in Q1 2025, with significant increases in galvanized automotive sheets (15%), non-oriented electrical steel for new energy vehicles (28%), and oriented electrical steel (20%) [2] Group 2: Future Plans and Investments - The company plans to invest 37.64 billion yuan in fixed assets in 2024, with a projected increase to 41.26 billion yuan in 2025 [2] - Future capital expenditures will focus on projects related to low-carbon steel production, including a 220kV substation and a dedicated production line for high-strength galvanized automotive sheets [2] - The company aims to maintain its competitive edge in niche products while optimizing its asset-liability structure through strategic investments [2] Group 3: Environmental and Operational Efficiency - The company is the world's first long-process steel enterprise to achieve ultra-low emissions and has maintained an A-level rating for environmental performance [2] - Future environmental investments will focus on maintaining stable operations of existing equipment, as major renovation investments have already been completed [2] - The company anticipates a reduction in depreciation expenses as some metallurgical equipment reaches the end of its depreciation period [2]

Core Viewpoint - The Chinese silicon steel market is experiencing growth, with non-oriented silicon steel dominating production, accounting for 82% of the total output in the first half of 2024, while oriented silicon steel is also on the rise [1][3]. Group 1: Production and Market Trends - In the first half of 2024, China's silicon steel production reached 7.802 million tons, with non-oriented silicon steel production at 6.417 million tons and oriented silicon steel at 1.385 million tons [1]. - The total silicon steel production for 2024 is projected to exceed 15 million tons, maintaining a dominant share for non-oriented silicon steel [1]. - From 2019 to 2023, non-oriented silicon steel capacity increased from 10.96 million tons to 13.71 million tons, with a compound annual growth rate (CAGR) of 7.4% [3]. - Oriented silicon steel production grew from 1.78 million tons in 2019 to 2.96 million tons in 2023, with a forecast of 3.18 million tons for early 2024 [5]. Group 2: Company Developments - Major companies in the non-oriented silicon steel sector include Baosteel, Ansteel, and Taiyuan Iron & Steel, with Baosteel leading with a capacity of over 2 million tons, including 1 million tons of high-grade products [7]. - In the oriented silicon steel market, Baosteel also leads with a capacity of 1.16 million tons, while Wanfeng Electric is noted as the top private enterprise in this segment [7]. - Baosteel's production capabilities include a significant focus on high-grade and thin specifications, with ongoing expansions planned by companies like Shagang and New Steel [7][9].

Core Insights - The article discusses the current state and future prospects of the silicon steel industry, highlighting key players, their performance, and strategic developments in the sector [1][3][5]. Industry Overview - The silicon steel industry comprises numerous upstream companies involved in the production of silicon iron and industrial silicon, with major players including Junzheng Group, Ansteel, and New Steel Group [1]. - Midstream production includes companies like Baosteel, Shougang, Taiyuan Iron and Steel, and others, which are significant producers of silicon steel [1]. Company Performance - Baosteel is the world's leading producer of silicon steel, with a production capacity exceeding 4 million tons and a focus on high-value products [15][18]. - Shougang's revenue for the first three quarters of 2024 reached 819.7 billion yuan, with a gross margin of 3.74%, primarily from electrical steel products [13][14]. - Companies like Ansteel and Maanshan Steel are facing challenges, with negative ROE indicating operational inefficiencies and potential market issues [6][7]. Financial Metrics - Baosteel's EPS remains positive, reflecting strong profitability, while companies like Liugang and Chongqing Steel report negative EPS, indicating financial difficulties [7][9]. - The overall profit margin in the steel industry is under pressure, with a reported loss of 34.1 billion yuan in the black metal smelting and rolling industry for the first nine months of 2024 [7]. Market Capitalization - Baosteel's market capitalization stands at 148.32 billion yuan, showcasing its strong market position, while other companies like Baogang and Shougang have lower valuations due to performance issues [9][10]. Production Capacity and Developments - Baosteel's silicon steel production capacity includes 1 million tons per year of oriented silicon steel, leading the industry [15][18]. - Future projects include Shougang's new high-end non-oriented silicon steel production line, expected to produce 350,000 tons annually [18][20]. Strategic Planning - The industry is moving towards high-end, green, and intelligent production, with companies like Baosteel investing in smart manufacturing technologies [20][22]. - Future demand for oriented silicon steel is expected to grow due to the increasing market for high-efficiency transformers, driven by advancements in supercomputing centers [20][22].

Core Insights - The hydrogen pipeline network is the only technology capable of large-scale, long-distance economic transportation, effectively addressing the mismatch between green hydrogen production bases and consumption markets, and becoming a key infrastructure for the cross-regional optimization of renewable energy [1][10] - As of March 2025, the total length of hydrogen pipeline projects under construction and planning in China has exceeded 7,000 kilometers, including the world's first 10,000-ton pure hydrogen transportation demonstration project [1][10] - The industry is supported by a comprehensive policy framework aimed at accelerating the construction of hydrogen transportation infrastructure and promoting the large-scale development of the green hydrogen industry [6][24] Hydrogen Pipeline Engineering Overview - Hydrogen pipeline engineering refers to projects that transport hydrogen from production sites to consumption locations through dedicated pipelines, similar to natural gas transportation methods [2] - The technology involves compressing hydrogen gas to increase density and reduce volume for efficient transportation [2] Advantages of Hydrogen Pipeline Transportation - Hydrogen pipelines are more suitable for long-distance, large-scale hydrogen distribution, achieving stable transportation with lower energy consumption and higher efficiency compared to other methods [3] Current Development Status - The construction of hydrogen pipelines in China has accelerated significantly, with several demonstration projects validating the feasibility of long-distance and large-diameter hydrogen transportation [12][19] - The industry is transitioning from short-distance pipelines to long-distance, high-capacity networks, marking a shift towards a national hydrogen energy pipeline system [15][19] Policy Support - A series of national and local policies have been implemented to support the development of hydrogen pipeline projects, including financial subsidies and pilot projects [6][7] - The Energy Law, effective from January 1, 2025, establishes hydrogen energy as a strategic emerging industry and a core component of the future energy system [6][7] Industry Chain Structure - The hydrogen pipeline engineering industry chain consists of upstream core materials and equipment, midstream engineering construction, and downstream application services [8] - The industry is moving towards scale and commercialization, driven by policy support and technological innovation [8] Competitive Landscape - The hydrogen pipeline engineering sector is characterized by multi-entity participation and differentiated competition, with major players including state-owned enterprises, specialized pipeline construction companies, engineering design institutes, and emerging technology firms [19][21] Future Development Trends - The industry is expected to transition from technology validation to large-scale application, with policy support, technological breakthroughs, and market demand driving rapid growth [24] - Hydrogen blending technology is anticipated to become a mainstream transitional solution, utilizing existing natural gas pipelines to lower construction costs [26] - Future hydrogen pipelines will integrate with offshore wind power, photovoltaic hydrogen production, and industrial hydrogen use, forming a comprehensive hydrogen energy network [27]