证券代码：002075 证券简称：沙钢股份 江苏沙钢股份有限公司 投资者关系活动记录表 编号： 2017-001 | --- | --- | --- | |------------|--------------------------------|--------------------------------------| | | | | | | | 特定对象调研 □分析师会议 | | | □ 媒体采访 □业绩说明会 | | | 投资者关系 | □ 新闻发布会 □路演活动 | | | 活动类别 | □ 现场参观 | | | | □ | 其他 （请文字说明其他活动内容） | | | | 国泰君安证券股份有限公司：任鹤义 | | | | 华创证券有限责任公司：束海峰、蒋颖 | | 参与单位名 | 华泰证券股份有限公司：高宏博 | | | 称及人员姓 | 东吴证券股份有限公司：徐力 | | | 名 | | 东方证券股份有限公司：浦俊懿、梁国柱 | | | 中信证券股份有限公司：郑泽科 | | | | 上海鹰虹投资管理有限公司：李添 | | | 时间 | 2017 年 7 月 10 | 日 | | 地点 | 江苏省 ...

证券代码：002075 证券简称：沙钢股份 江苏沙钢股份有限公司 投资者关系活动记录表 编号： 2018-001 | --- | --- | --- | |-------------------------|----------------------------|---------------------------------| | | | | | | □ | 特定对象调研 □分析师会议 | | | □媒体采访 业绩说明会 | | | 投资者关系活 动类别 | □ 新闻发布会 □路演活动 | | | | □现场参观 | | | | □ | 其他 （请文字说明其他活动内容） | | 参与单位名称 及人员姓名 | 广大投资者 | | | 时间 | 2018 年 3 月 29 | 日 15:00-17:00 | | 地点 | 张家港市锦丰镇沙钢大厦 | 1301 会议室 | | | 董事长何春生先生； | | | | 总经理陈瑛女士； | | | 上市公司接待 人员姓名 | 独立董事王则斌先生； | | | | 董事、董事会秘书杨华先生； | | | | 财务总监张兆斌先生。 | | 1 | --- | --- ...

Financial Performance - Q3 2022 revenue was CNY 4,226,605,257.44, a decrease of 11.61% year-over-year[6] - Net profit attributable to shareholders was CNY 64,785,280.14, down 76.87% compared to the same period last year[6] - Total operating revenue for the period was CNY 13,914,175,253.24, a decrease of 1.07% compared to CNY 14,064,596,527.26 in the previous period[26] - Net profit attributable to shareholders reached CNY 4,708,122,485.54, compared to CNY 4,457,927,396.99 in the previous period, reflecting a growth of 5.59%[25] - The net profit for the current period is 727,522,037.28 CNY, a decrease of 54.0% compared to 1,584,574,587.56 CNY in the previous period[29] - The total profit for the current period is 856,758,385.79 CNY, down from 2,105,424,234.08 CNY, representing a decline of 59.3%[29] - The basic and diluted earnings per share for the current period are both 0.1940 CNY, compared to 0.3766 CNY in the previous period, reflecting a decrease of 48.5%[31] Cash Flow - Cash flow from operating activities for the year-to-date was CNY 673,424,897.27, a decline of 64.77% year-over-year[6] - Cash flow from operating activities for the current period is 673,424,897.27 CNY, down 64.8% from 1,911,259,818.82 CNY in the previous period[32] - Cash flow from investing activities shows a net outflow of 273,215,289.96 CNY, an improvement from a net outflow of 1,288,262,300.31 CNY in the previous period[35] - The company received 12,929,862,868.55 CNY in cash from sales, a decrease of 9.7% from 14,321,026,872.67 CNY in the previous period[32] - The company paid 11,144,523,758.90 CNY for goods and services, a slight decrease from 11,193,529,960.99 CNY in the previous period[32] Assets and Liabilities - Total assets as of September 30, 2022, were CNY 16,501,030,909.95, reflecting a 7.19% increase from the end of the previous year[6] - Total assets increased to CNY 16,501,030,909.95, up from CNY 15,394,589,855.74, indicating a growth of 7.21%[25] - Total liabilities rose to CNY 6,445,144,313.16, compared to CNY 5,765,596,825.61, marking an increase of 11.79%[25] - Total current assets increased to ¥8,984,438,436.83 from ¥8,359,969,746.43[19] Shareholder Information - Total number of common shareholders at the end of the reporting period is 108,105[15] - Jiangsu Shagang Group Co., Ltd. holds 26.64% of shares, totaling 587,871,726 shares[15] - The top ten shareholders do not have any related party relationships or concerted action relationships[15] - The total number of preferred shareholders is not applicable for this report[19] Research and Development - R&D expenses increased by 305.81% year-over-year, totaling CNY 460,084,623.79[12] Profitability Metrics - The weighted average return on equity was 1.02%, down 3.90% year-over-year[6] - The company reported a net profit excluding non-recurring items of CNY 9,991,845.02, a decrease of 95.85% year-over-year[6] - The profit margin decreased significantly, with total profit down 59.31% to CNY 856,758,385.79 due to falling steel prices and rising raw material costs[12] Inventory and Investments - The company's inventory as of September 30, 2022, is ¥2,039,451,012.63, down from ¥2,122,442,444.69[19] - Long-term equity investments increased to ¥27,230,465.01 from ¥26,433,838.78[19] - The company reported a total of 5,089,422,073.45 in trading financial assets[19] Other Financial Metrics - The company maintained a stable cash flow with interest income of CNY 22,763,485.56, compared to CNY 12,217,380.95 in the previous period[26] - The company reported operating income of 832,286,143.57 CNY, down from 2,103,010,448.12 CNY, a decrease of 60.4%[29] - Deferred income tax liabilities increased to CNY 193,187,379.04 from CNY 145,111,388.27, an increase of 32.98%[25]

Financial Performance - The company's operating revenue for the first half of 2022 was ¥9,687,569,995.80, representing a 4.36% increase compared to ¥9,283,027,568.89 in the same period last year[29]. - Net profit attributable to shareholders was ¥360,915,844.01, a decrease of 33.91% from ¥546,090,089.86 in the previous year[29]. - The net profit after deducting non-recurring gains and losses was ¥291,318,179.65, down 38.38% from ¥472,751,277.50 year-on-year[29]. - The net cash flow from operating activities was ¥426,258,773.20, a decline of 50.24% compared to ¥856,554,158.62 in the same period last year[29]. - Basic earnings per share decreased to ¥0.1645, down 33.91% from ¥0.2489 in the previous year[29]. - Total assets at the end of the reporting period were ¥16,166,295,855.03, an increase of 5.01% from ¥15,394,589,855.74 at the end of the previous year[29]. - Net assets attributable to shareholders increased to ¥6,316,649,809.68, up 3.05% from ¥6,129,680,887.48 at the end of the previous year[29]. - The company's operating revenue for the reporting period was ¥9,687,569,995.80, representing a year-on-year increase of 4.36% compared to ¥9,283,027,568.89 in the same period last year[46]. - The company reported a significant reduction in income tax expenses by 65.24%, amounting to ¥119,964,794.23 compared to ¥345,131,698.51 in the previous year[46]. - The company’s cash and cash equivalents increased by 35.81% to ¥309,774,445.13 from ¥228,101,455.94 in the previous year[46]. Operational Challenges - The company faced severe challenges in the steel industry due to factors such as pandemic control, the Russia-Ukraine conflict, global inflation, and interest rate hikes, leading to a significant decline in downstream demand and market prices[38]. - The company reported a significant decrease in cash flow from operating activities, indicating potential challenges in maintaining liquidity[29]. - The company faces significant market competition risks, with increasing pressure on key product market shares due to intensified competition and shrinking downstream demand[73]. - The company reported a major risk related to raw material supply disruptions caused by pandemic-related restrictions, impacting production material procurement[74]. - Environmental risks are heightened due to stricter regulations and societal expectations, prompting the company to focus on achieving ultra-low emissions and enhancing its environmental management practices[75]. Strategic Initiatives - The management has highlighted risks and countermeasures in future operations, which investors should be aware of[6]. - To mitigate risks, the company plans to adjust product structures based on market conditions, enhance technological innovation, and optimize marketing strategies to improve customer service and retention[73]. - The company aims to complete ultra-low emission modifications during the 14th Five-Year Plan period, ensuring compliance with new environmental standards[75]. - The company has established long-term technical cooperation with several research institutions and universities, enhancing its R&D capabilities[42]. - The company developed 23 new products, focusing on sectors such as new energy equipment, automotive steel, and rail transit steel[42]. Environmental Compliance - The company was recognized as a national "Green Factory" and a provincial "Water-saving Enterprise," highlighting its commitment to sustainable practices[42]. - The company has a wastewater treatment capacity of 55,601 tons per hour, achieving a water recycling rate of 97.59%[90]. - The company operates 99 dust removal facilities and 4 desulfurization facilities, with a waste gas treatment capacity of 24 million cubic meters per hour, ensuring all treated gas meets standards[90]. - The total emissions of COD, ammonia nitrogen, particulate matter, sulfur dioxide, and nitrogen oxides were 28.46 tons, 4.29 tons, 223.08 tons, 103.11 tons, and 342.07 tons respectively, all within the permitted limits[89]. - The company has established a dedicated environmental protection committee and a comprehensive environmental management system to ensure compliance with environmental regulations[89]. Investment and Financial Management - The company invested CNY 689,905,569.30 during the reporting period, a 145.57% increase compared to CNY 280,938,799.76 in the same period last year[61]. - The total amount of entrusted financial management reached CNY 628,030,000, with an outstanding balance of CNY 579,530,000[146]. - The company has maintained a strong liquidity position with no impairments reported in its financial management activities[146]. - The company has implemented corrective measures in response to regulatory penalties, including amendments to previous annual reports[110]. - The company’s investment strategy includes a focus on debt-type assets with regular interest payments[149]. Subsidiary Performance - Huai Steel Company, a subsidiary, reported total assets of CNY 13.88 billion and net assets of CNY 7.79 billion as of June 30, 2022, with a revenue of CNY 9.07 billion and a net profit of CNY 609.92 million for the first half of 2022[69]. - Jiangsu Lihua, another subsidiary, had total assets of CNY 8.19 billion and net assets of CNY 4.62 billion, achieving a revenue of CNY 8.67 billion and a net profit of CNY 350.19 million in the same period[69]. Shareholder Information - The total number of shares is 2,206,771,772, representing 100% of the company's shares[164]. - Jiangsu Shagang Group Co., Ltd. holds 26.64% of the shares, totaling 587,871,726 shares[167]. - The number of shareholders holding more than 5% of the shares is 113,050[167]. - The company has not experienced any changes in its controlling shareholder during the reporting period[178]. - The total number of shares held by the top 10 unrestricted shareholders is 1,000,000,000 shares[174].

Financial Performance - The company's operating revenue for 2020 was ¥14,427,221,782.01, representing a 7.07% increase compared to ¥13,474,565,780.88 in 2019[23] - The net profit attributable to shareholders for 2020 was ¥649,522,191.02, which is a 22.81% increase from ¥528,863,504.13 in 2019[23] - The net cash flow from operating activities reached ¥1,914,651,810.60, showing a significant increase of 529.77% compared to ¥304,024,644.69 in 2019[23] - Basic earnings per share for 2020 were ¥0.30, up 25.00% from ¥0.24 in 2019[23] - Total assets at the end of 2020 amounted to ¥13,189,223,542.04, reflecting a 14.56% increase from ¥11,513,008,886.20 at the end of 2019[23] - The net assets attributable to shareholders increased by 5.19% to ¥5,226,047,087.98 from ¥4,968,019,070.92 in 2019[23] - The net profit after deducting non-recurring gains and losses for 2020 was ¥540,934,566.54, a 36.83% increase from ¥395,342,956.90 in 2019[23] - Total operating revenue for 2020 was ¥14,427,221,782.01, representing a year-on-year increase of 7.07% from ¥13,474,565,780.88 in 2019[49] - The steel industry accounted for ¥13,350,520,108.25, or 92.54% of total revenue, with a year-on-year growth of 9.58%[49] - The gross profit margin for the steel industry improved to 13.53%, up 3.34% from the previous year[53] Cash Dividends - The company plans to distribute a cash dividend of ¥1 per 10 shares, based on a total of 2,193,825,445 shares[6] - The company proposed a cash dividend of 1.00 yuan per 10 shares for the year 2020, totaling 219,382,544.50 yuan, which represents 33.78% of the net profit attributable to shareholders[110] - In 2019, the cash dividend was 1.002034 yuan per 10 shares, totaling 220,676,923.03 yuan, which accounted for 41.73% of the net profit attributable to shareholders[110] - The total cash dividend (including other methods) for 2020 was 384,747,570.42 yuan, which is 100% of the profit distribution total[110] - The company has maintained a consistent cash dividend policy over the past three years, with cash dividends of 132,360,335.81 yuan in 2018, 220,676,923.03 yuan in 2019, and 219,382,544.50 yuan in 2020[110] Operational Efficiency - The company achieved a cumulative cost reduction of CNY 180 million through various efficiency measures during the reporting period[39] - The company maintained a contract delivery rate of 97.45% and a direct sales ratio of 75.88%, while developing 158 new customers, a 17.2% increase year-on-year[45] - The company’s first-time quality rates improved, with a steelmaking first-pass yield of 98.73% and a rolling first-pass yield of 99.35%, leading to an 18.43% reduction in quality-related losses[45] Research and Development - The company signed 169 technology agreements and developed 39 new products in 2020, an 11.43% increase from the previous year[66] - R&D expenses increased by 175.15% to ¥165,360,429.80 in 2020 from ¥60,098,466.06 in 2019, reflecting a significant increase in technology innovation efforts[65] - Total R&D investment amounted to ¥562,659,259.32 in 2020, a 5.06% increase from ¥535,582,820.41 in 2019, representing 3.90% of operating revenue[67] Environmental Management - The company achieved a COD emission concentration of 16.21 mg/L, well below the national standard of GB13456-2012, with a total discharge of 75.87 tons[177] - The company achieved a wastewater reuse rate of 97.33% in 2020, with a wastewater treatment capacity of 55,601 tons per hour[182] - The company has established a comprehensive environmental management system and has not experienced any major environmental incidents during the reporting period[182] - The company has implemented a pollution prevention and control system, ensuring compliance with national and local environmental regulations[182] - The company has established a hazardous waste management system and entrusts qualified units for the disposal of hazardous waste[183] Market and Competition - The company faces market competition risks, particularly in the special steel sector, and will adjust product structures and enhance innovation to maintain competitiveness[96] - Rising raw material prices pose a risk to operating costs, and the company will strengthen supplier relationships to stabilize procurement prices[97] Asset Restructuring - The company is actively pursuing a major asset restructuring to transition from a single specialty steel business to a dual business model that includes data centers, enhancing its market competitiveness[45] - The company is currently accelerating the audit work for the target company, Global Switch, in collaboration with various intermediaries[195] - The company announced a major asset acquisition plan, leading to stock suspension since September 19, 2016, and continued suspension for further developments[192] Legal and Compliance - The company reported no major litigation or arbitration matters during the reporting period[127] - The company engaged Tianheng Accounting Firm for auditing services, with a fee of ¥1.65 million, and has maintained this auditor for 13 consecutive years[125] - The company has no significant accounting errors that required retrospective restatement during the reporting period[120] Employee Welfare - The company invested over 2 million RMB in building employee facilities, including a safety experience center and sports courts[1] - The company provided 648,000 RMB in economic assistance to employees facing difficulties due to illness or disasters in 2020[1] - The company reported a total of 55 million RMB in funds allocated for targeted poverty alleviation efforts, helping 18 registered impoverished individuals escape poverty[175]

Financial Performance - The company's operating revenue for 2019 was ¥13,474,565,780.88, a decrease of 8.41% compared to ¥14,712,449,109.37 in 2018[25] - The net profit attributable to shareholders for 2019 was ¥528,863,504.13, down 55.07% from ¥1,177,037,447.93 in the previous year[25] - The net cash flow from operating activities was ¥304,024,644.69, a significant decline of 88.12% compared to ¥2,560,178,917.48 in 2018[25] - Basic earnings per share for 2019 were ¥0.24, representing a decrease of 54.72% from ¥0.53 in 2018[25] - The total assets at the end of 2019 were ¥11,513,008,886.20, a slight decrease of 0.07% from ¥11,521,482,315.83 at the end of 2018[25] - The net assets attributable to shareholders increased by 11.37% to ¥4,968,019,070.92 from ¥4,460,867,040.23 in 2018[25] - The company reported a total revenue of 13.475 billion yuan, a decrease of 8.41% compared to the previous year[49] - The net profit attributable to shareholders was 529 million yuan, down 55.07% year-on-year[49] - The company reported a total investment of 4,090,006,713.23 yuan in financial assets, with a fair value change gain of 21,778,825.72 yuan during the reporting period[89] - The net profit for the reporting period was ¥960,000,000, with a significant difference of ¥655,000,000 compared to net cash flow from operating activities due to increased bank acceptance bills[79] Revenue Breakdown - Main business revenue accounted for 90.56% of total revenue, totaling ¥12,202,350,503.39, down 5.93% from ¥12,971,320,312.25 in 2018[52] - Revenue from high-quality steel was ¥5,880,452,140.84, representing 43.64% of total revenue, with a decline of 8.82% from ¥6,449,201,869.73 in 2018[52] - The revenue from steel billets was ¥2,062,458,434.82, which increased by 16.06% compared to ¥1,777,125,403.09 in 2018[52] - The revenue from the East China region was ¥11,957,492,371.48, which is 88.74% of total revenue, down 8.04% from ¥13,003,043,415.05 in 2018[52] - The revenue from the South China region increased by 14.15% to ¥825,631,429.30, compared to ¥723,269,151.46 in 2018[52] - The overseas revenue decreased significantly by 52.67% to ¥234,884,789.21, down from ¥496,312,000.59 in 2018[52] Cost Management - The cost of raw materials was ¥6,380,093,611.80, accounting for 58.39% of total operating costs, an increase from 55.64% in 2018[61] - The company achieved a procurement cost reduction of over 89 million yuan, with significant savings from alternative raw materials[48] - The company successfully reduced costs by ¥435 million through 276 cost-reduction projects, exceeding the annual target by 45%[41] - The cost of sales increased by 8.10% to ¥108,481,364.06 in 2019 compared to ¥100,350,794.51 in 2018[71] Production and Operations - The company achieved a production capacity of approximately 3.2 million tons of special steel in 2019, with products sold in both domestic and international markets[39] - The company’s production of iron and steel increased by 1.65% and 2.65% respectively, demonstrating operational efficiency improvements[41] - In 2019, the company achieved a steel production volume of 336.25 million tons, a year-on-year increase of 2.65%[49] - The sales volume of steel products increased by 1.86% to 3,288,580 tons in 2019, compared to 3,228,650 tons in 2018[57] Research and Development - The company signed 180 new product technology agreements, an increase of 17.65% year-on-year, and developed 35 new products, up 16.67%[48] - R&D investment amounted to ¥535,582,820.41 in 2019, representing 3.97% of operating revenue, an increase from 3.47% in 2018[75] - The company did not capitalize any R&D expenses in 2019, maintaining a 0.00% capitalization rate[75] Environmental and Social Responsibility - The company implemented various environmental protection measures, achieving significant improvements in emissions and receiving no administrative penalties from environmental authorities in 2019[186] - The company has established a comprehensive environmental management system, ensuring compliance with pollution discharge standards[199] - The company has a wastewater treatment capacity of 55,601 tons per hour, achieving a water reuse rate of 97.4% in 2019[199] - The company allocated a total of 8.7 million yuan for poverty alleviation efforts, including 87,000 yuan in funds and 700 yuan in material discounts[191] - A total of 20 impoverished individuals were lifted out of poverty through the company's initiatives[191] Future Outlook and Strategy - The company anticipates that the steel industry will face challenges such as overcapacity and increased competition, but strong enterprises will enhance their core competitiveness through restructuring and optimization[96] - The company aims to produce 3.6 million tons of steel, 3 million tons of iron, and 3.4 million tons of billets in 2020[99] - The company plans to accelerate its strategic layout in the IDC industry, aiming for dual-driven growth from both special steel and IDC businesses[99] - The company intends to strengthen its steel business through mergers and acquisitions and other collaborations to enhance industry influence and achieve high-quality development[99] Shareholder and Financial Policies - The cash dividend proposed for 2019 is CNY 1.00 per 10 shares, totaling CNY 220,677,177.20, which represents 41.73% of the net profit attributable to shareholders[111] - The company has committed to maintaining independence and avoiding competition with its controlling shareholder for five years from August 26, 2017[115] - The company has a robust operating condition and confidence in future development, which supports the proposed profit distribution[112] Compliance and Governance - The domestic accounting firm Tianheng CPA has been engaged for 12 consecutive years, with an audit fee of CNY 1.65 million for the current period[126] - The company did not face any penalties or corrective actions during the reporting period[131] - The company held four shareholder meetings in 2019, ensuring compliance with legal regulations and protecting minority shareholder rights[186]

江苏沙钢股份有限公司 2022 年第一季度报告全文 1 证券代码：002075 证券简称：沙钢股份 公告编号：临 2022-021 江苏沙钢股份有限公司 2022 年第一季度报告 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。 重要内容提示: 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准 确、完整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带 的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声 明：保证季度报告中财务信息的真实、准确、完整。 3.第一季度报告是否经过审计 □ 是 √ 否 一、主要财务数据 (一)主要会计数据和财务指标 | --- | --- | --- | --- | |-----------------------------------------------------|-------------------|-------------------|---------------------------| | | | | | | □ 是 √ 否 | 本报告期 | 上年同期 | ...

Financial Performance - The company's operating revenue for 2021 was CNY 18,487,246,481.64, representing a 28.14% increase from CNY 14,427,221,782.01 in 2020[27]. - The net profit attributable to shareholders of the listed company reached CNY 1,112,313,221.03, a 71.25% increase compared to CNY 649,522,191.02 in the previous year[27]. - The net profit after deducting non-recurring gains and losses was CNY 950,475,152.57, up 75.71% from CNY 540,934,566.54 in 2020[27]. - The net cash flow from operating activities was CNY 3,070,654,574.17, reflecting a 60.38% increase from CNY 1,914,651,810.60 in 2020[27]. - Basic earnings per share for 2021 were CNY 0.51, a 70.00% increase from CNY 0.30 in the previous year[27]. - Total assets at the end of 2021 amounted to CNY 15,394,589,855.74, a 16.72% increase from CNY 13,189,223,542.04 at the end of 2020[27]. - The net assets attributable to shareholders of the listed company were CNY 6,129,680,887.48, up 17.29% from CNY 5,226,047,087.98 in 2020[27]. Revenue Breakdown - The steel industry contributed ¥17,347,869,490.09, accounting for 93.84% of total revenue, with a year-on-year growth of 29.94%[56]. - The sales volume in the steel industry decreased by 4.19% to 3,287,551 tons in 2021, compared to 3,431,209 tons in 2020[60]. - The gross profit margin for the steel industry was reported at 18.48%, with a year-on-year increase of 4.95%[56]. - Direct sales accounted for 82.24% of total revenue, increasing by 35.37% from the previous year[56]. - The company’s operating costs for the steel industry were ¥14,141,334,958.8, reflecting an increase of 22.50% year-on-year[56]. - The company’s premium steel segment generated revenue of ¥7,229,756,170.35, with a growth rate of 17.01% compared to the previous year[59]. - The automotive and engineering machinery steel segment saw revenue of ¥3,045,495,934.04, marking a significant increase of 40.71% year-on-year[59]. Investment and R&D - Research and development expenses increased by 230.15% to ¥545,943,578.51, reflecting a significant investment in technology innovation and new product development[72]. - The total R&D investment reached ¥1,225,643,889.37, a 117.83% increase compared to the previous year, representing 6.63% of operating revenue[76]. - The company is developing new technologies such as hot blast stove flue gas recovery and long-term stable blast furnace shell technology, aimed at improving production efficiency and safety[73]. - The company has established long-term technical cooperation with several research institutions and universities, supporting key product development[47]. Sustainability and Environmental Initiatives - The company is committed to safety and environmental management, aiming for a green and sustainable development model[103]. - The company invested over 3 billion RMB in ultra-low emission transformation projects, including 53 projects aimed at reducing emissions and improving environmental performance[50]. - The company is committed to complying with new environmental regulations and is accelerating the technical transformation of existing environmental protection facilities to meet ultra-low emission standards[106]. - The company has been recognized as a national "Green Factory" and a provincial "Water-saving Enterprise," reflecting its commitment to sustainable practices[50]. Corporate Governance - The company has established a governance structure that includes a board of directors with 7 members, of which 3 are independent directors, ensuring compliance with legal and regulatory requirements[111]. - The company emphasizes transparency in information disclosure and investor relations management, adhering to relevant regulations to protect shareholder rights[111]. - The company has not provided any financial support or guarantees to its controlling shareholder or related parties, maintaining operational independence[111]. - The company has established an independent financial accounting system and management policies, ensuring it operates as an independent taxpayer with no shared bank accounts with the controlling shareholder[115]. Market Strategy and Competition - The company plans to expand its market presence in the wind power steel sector, enhancing its product offerings and revenue potential[73]. - The company is facing high raw material costs due to rising prices of imported iron ore, coal, and scrap steel, which has increased production costs[106]. - The company is addressing raw material price increase risks by adjusting product structure and enhancing technological innovation[103]. - The company has identified potential acquisition targets in the steel industry to further consolidate its market position[137]. Employee and Management - The total number of employees at the end of the reporting period was 4,229, with 3,318 in production roles and 74 in sales roles[175]. - The company implemented a long-term mechanism for employee salary growth, linking performance with employee benefits to enhance economic efficiency[180]. - The company has a diverse management team with extensive backgrounds in various sectors, including finance, engineering, and management[132]. - The company has a complete organizational structure with independent functional departments that operate without interference from the controlling shareholder[115]. Future Outlook - Future guidance suggests a revenue growth target of 12% for 2022, driven by increased demand in the construction sector[137]. - The company plans to maintain a minimum cash dividend ratio of 40% in future profit distributions, considering significant capital expenditures[185]. - The company aims to produce 3 million tons of iron, 3.6 million tons of steel, and 3.45 million tons of billets in 2022[103]. - The company plans to enhance its core competitiveness by focusing on product quality improvement and new product development in high-end special steel[103].

江苏沙钢股份有限公司 2021 年第三季度报告 证券代码：002075 证券简称：沙钢股份 公告编号：060 江苏沙钢股份有限公司 2021 年第三季度报告 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。 重要内容提示: 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准 确、完整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带 的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声 明：保证季度报告中财务信息的真实、准确、完整。 3.第三季度报告是否经过审计 □ 是 √ 否 一、主要财务数据 (一)主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 | --- | --- | --- | --- | --- | |------------------------------------------------------|-------------------|-------------------------|--------------------------|-------------- ...

Financial Performance - The company's operating revenue for the first half of 2021 was ¥9,283,027,568.89, representing a 43.31% increase compared to ¥6,477,390,367.12 in the same period last year[26]. - The net profit attributable to shareholders of the listed company reached ¥546,090,089.86, a significant increase of 116.45% from ¥252,289,713.28 in the previous year[26]. - The net profit after deducting non-recurring gains and losses was ¥472,751,277.50, up 140.52% from ¥196,557,810.82 year-on-year[26]. - The basic earnings per share increased to ¥0.2489, reflecting a growth of 118.33% compared to ¥0.114 in the same period last year[26]. - The total profit reached ¥1.41 billion, marking a significant year-on-year growth of 132.72%[45]. - The company achieved a revenue of ¥9.28 billion, representing a year-on-year increase of 43.31% due to increased sales volume and rising steel prices[45]. Assets and Liabilities - The total assets at the end of the reporting period were ¥14,009,163,856.16, which is a 6.22% increase from ¥13,189,223,542.04 at the end of the previous year[26]. - The net assets attributable to shareholders of the listed company rose to ¥5,554,874,628.65, marking a 6.29% increase from ¥5,226,047,087.98 at the end of the previous year[26]. - Cash and cash equivalents increased to ¥452,227,874.1, which is 3.23% of total assets, up from 1.29% in the previous year[55]. - Inventory rose to ¥2,312,233,341.05, making up 16.51% of total assets, an increase of 3.52% from the previous year[58]. - Short-term borrowings increased to ¥1,102,911,472.30, representing 7.87% of total assets, up from 6.24%[58]. Operational Highlights - The company operates in the steel industry, producing and selling special steel with an annual capacity of 3.2 million tons, covering 560 specifications and nearly 1,000 steel grades[37]. - Iron production was 1.52 million tons, an increase of 4.21% year-on-year, while steel production reached 1.83 million tons, up 3.99%[45]. - The company implemented 44 technical reform projects with an investment of approximately ¥280 million, completing 12 key projects during the reporting period[45]. - The self-generated electricity ratio increased to 67.1%, achieving a historical high through enhanced gas management[45]. - Research and development investment surged by 191.14% to ¥78.11 million, reflecting the company's commitment to innovation[45]. Environmental Commitment - The company has invested over 3 billion RMB in ultra-low emission transformation projects, including 53 projects aimed at reducing emissions and enhancing environmental sustainability[41]. - The company has been recognized as a "green factory" by the Jiangsu provincial government, reflecting its commitment to sustainable practices[41]. - The company completed two major environmental projects, including a 150,000 tons/year steel dust resource utilization project, which was put into operation in February 2021[86]. - The company has established a comprehensive environmental management system and has not experienced any major environmental incidents during the reporting period[86]. - The company has established a dedicated environmental protection committee to oversee compliance with environmental regulations[86]. Market and Competition - The company faces intense market competition in the special steel industry, with increasing pressure on key product market share due to strategies from other steel enterprises[72]. - Rising raw material prices, particularly for iron ore and coking coal, pose a significant cost pressure, with these materials comprising a large portion of production costs[72]. - The company aims to stabilize raw material procurement prices through strategic supplier partnerships and dynamic market analysis[72]. Shareholder and Governance - The company plans not to distribute cash dividends or issue bonus shares, nor to increase capital from reserves[6]. - There were no changes in the board of directors or senior management during the reporting period[76]. - The company has a strict internal control system to protect shareholder rights and ensure timely and accurate information disclosure[94]. - The total number of common shareholders at the end of the reporting period was 58,492, with 10 shareholders holding more than 5%[179]. - Jiangsu Shagang Group Co., Ltd. holds 26.64% of the shares, amounting to 587,871,726 shares[179]. Related Party Transactions - The company has engaged in related party transactions, including raw material sales to its parent company, amounting to CNY 17 million, representing 0.98% of similar transactions[113]. - The actual related party transactions for purchasing raw materials and services amounted to CNY 2.346 billion during the reporting period[125]. - There are non-operating related party receivables amounting to CNY 29 million[130]. Legal and Compliance - The company faced a significant lawsuit with a claim amounting to approximately CNY 208.66 million, which was dismissed by the Supreme People's Court[105]. - The company incurred a fine of CNY 110,000 due to an air pollution incident on January 26, 2021, and has implemented emergency measures to control emissions[112]. - The company reported no violations regarding external guarantees during the reporting period[102].