江苏沙钢股份有限公司 募集资金管理制度 第一章 总 则 第一条 为了规范江苏沙钢股份有限公司（以下简称"公司"）募集资金的 管理和使用，切实保护投资者利益，根据《中华人民共和国公司法》《中华人民 共和国证券法》《深圳证券交易所上市公司自律监管指引第 1 号——主板上市公 司规范运作》《上市公司募集资金监管规则》《江苏沙钢股份有限公司章程》（以 下简称"《公司章程》"）以及其他有关法律、法规的规定，并结合公司实际情 况，制定本制度。 第二条 本制度所称募集资金是指公司通过发行股票或者其他具有股权性 质的证券，向投资者募集并用于特定用途的资金，不包括公司为实施股权激励计 划募集的资金。 本制度所称超募资金，是指实际募集资金净额超过计划募集资金金额的部分。 第三条 公司应当审慎使用募集资金，保证募集资金的使用与发行申请文件 的承诺相一致，不得擅自改变募集资金的投向。 公司应当真实、准确、完整地披露募集资金的实际使用情况。出现严重影响 募集资金投资计划正常进行的情形时，应当及时公告。 募集资金投资项目通过公司的子公司或者公司控制的其他企业实施的，公司 应当确保该子公司或者受控制的其他企业遵守本制度。 第四条 公司董事 ...

江苏沙钢股份有限公司 内幕信息知情人登记和报备制度 第一章 总 则 第一条 为切实加强江苏沙钢股份有限公司（以下简称"公司"）内幕信息 管理，做好内幕信息保密工作，维护信息披露的公平原则，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"）《上市公司信息披露管理办法》《上市公司内幕信息知情人登记管理制 度》及《江苏沙钢股份有限公司章程》（以下简称"《公司章程》"）等有关法 律、法规、规章的规定，并结合公司实际情况，制订本制度。 （一）公司的经营方针和经营范围的重大变化； （二）公司的重大投资行为，公司在一年内购买、出售重大资产超过公司资 产总额百分之三十，或者公司营业用主要资产的抵押、质押、出售或者报废一次 1 超过该资产的百分之三十； （三）公司订立重要合同、提供重大担保或者从事关联交易，可能对公司的 资产、负债、权益和经营成果产生重要影响； 第二条 公司董事会是公司内幕信息管理机构，负责及时登记和报送内幕信 息知情人档案，并保证内幕信息知情人档案真实、准确和完整，董事长为主要责 任人。董事会秘书负责办理公司内幕信息知情人的登记入档和报送事宜。证券事 务部是公 ...

Financial Performance - The company's revenue for Q3 2025 reached ¥3,451,641,959.28, representing a year-on-year increase of 9.66%[5] - Net profit attributable to shareholders was ¥75,532,374.43, a significant increase of 5,518.37% compared to the same period last year[5] - The net profit excluding non-recurring gains and losses was ¥50,007,886.75, up 249.54% year-on-year[5] - The basic earnings per share for the period was ¥0.0344, reflecting a dramatic increase of 5,638.25% year-on-year[5] - Total operating revenue for the current period is ¥10,279,101,566.56, a decrease of 4.87% from ¥10,807,018,442.46 in the previous period[18] - Net profit for the current period is ¥427,915,221.24, an increase of 296.06% compared to ¥107,756,708.85 in the previous period[19] - Earnings per share (EPS) for the current period is ¥0.1053, up from ¥0.048 in the previous period[20] - The total comprehensive income for the current period is ¥427,915,221.24, compared to ¥107,756,708.85 in the previous period[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥24,277,030,192.27, a slight decrease of 0.33% from the end of the previous year[5] - Total current assets at the end of the period amount to ¥16,176,105,939.62, an increase from ¥16,025,819,676.87 at the beginning of the period[14] - Total liabilities decreased to ¥13,421,934,137.97 from ¥13,853,541,207.68, a reduction of about 3.1%[15] - Total liabilities amount to ¥13,984,038,842.41, down from ¥14,435,121,663.36 in the previous period[16] - Total equity attributable to shareholders of the parent company increased to ¥6,580,463,788.94 from ¥6,403,042,252.82 in the previous period[16] Cash Flow - Cash flow from operating activities for the year-to-date reached ¥1,975,225,540.37, an increase of 263.65% compared to the same period last year[5] - Cash inflow from operating activities totaled ¥11,244,908,543.43, an increase from ¥10,872,718,010.48 in the previous period[21] - Cash paid for purchasing goods and services was ¥8,227,985,881.04, a decrease from ¥9,221,708,361.23 in the previous period[21] - Net cash flow from operating activities increased to $1.98 billion from $543.17 million, representing a significant improvement[22] - Total cash inflow from investment activities was $7.04 billion, up from $6.10 billion, indicating a positive trend in investment returns[22] - Cash outflow from investment activities rose to $9.04 billion from $5.03 billion, leading to a net cash flow from investment activities of -$2.00 billion, compared to $1.07 billion previously[22] - Cash inflow from financing activities reached $15.84 billion, an increase from $12.15 billion, reflecting strong financing efforts[22] - Cash outflow from financing activities increased to $16.30 billion from $12.64 billion, resulting in a net cash flow from financing activities of -$462.82 million, slightly improved from -$486.49 million[22] - The net increase in cash and cash equivalents was -$490.64 million, a decline from a positive increase of $1.13 billion in the previous period[22] - The ending balance of cash and cash equivalents stood at $1.36 billion, down from $1.68 billion[22] Shareholder Information - Total number of common shareholders at the end of the reporting period is 71,366[12] - Jiangsu Shagang Group Co., Ltd. holds 26.80% of shares, totaling 587,871,726 shares[12] Investment and R&D - The company reported a significant increase in R&D expenses to ¥394,150,912.74, compared to ¥380,622,811.50 in the previous period[18] - The company’s investment income decreased by 35.76% to ¥119,558,597.88, attributed to reduced returns from financial investments[10] Other Information - The company has no significant changes in the top 10 shareholders due to margin trading activities[13] - The company did not undergo an audit for the third quarter financial report[23]

Market Overview - The special steel sector experienced a decline of 1.65% on October 28, with Jinzhou Pipeline leading the drop [1] - The Shanghai Composite Index closed at 3988.22, down 0.22%, while the Shenzhen Component Index closed at 13430.1, down 0.44% [1] Stock Performance - Jinzhou Pipeline (002443) closed at 8.37, down 2.79% with a trading volume of 305,300 shares and a transaction value of 258 million yuan [1] - Other notable declines include: - Jiuli Special Materials (002318) down 2.19% to 25.50 - Taiyuan Iron & Steel (000825) down 1.92% to 4.08 - CITIC Special Steel (000708) down 1.82% to 14.55 [1] Capital Flow - The special steel sector saw a net outflow of 108 million yuan from main funds, while retail investors contributed a net inflow of 54.64 million yuan [1] - The capital flow for specific stocks includes: - Changbao Co. (002478) with a main fund net inflow of 21.28 million yuan [2] - CITIC Special Steel (000708) with a main fund net inflow of 10.89 million yuan [2] - Sand Steel Co. (002075) faced a significant main fund net outflow of 24.37 million yuan [2]

Market Performance - The special steel sector increased by 3.29% on October 27, with Changbao Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 3996.94, up 1.18%, while the Shenzhen Component Index closed at 13489.4, up 1.51% [1] Individual Stock Performance - Changbao Co., Ltd. (002478) closed at 6.74, up 9.95% with a trading volume of 417,100 shares and a transaction value of 277 million yuan [1] - CITIC Special Steel (000708) closed at 14.82, up 5.41% with a trading volume of 400,400 shares and a transaction value of 598 million yuan [1] - Other notable performers include Shengde Zhengtai (300881) up 4.17%, Taiyuan Iron & Steel (000825) up 2.72%, and Fangda Special Steel (600507) up 2.57% [1] Capital Flow Analysis - The special steel sector saw a net inflow of 156 million yuan from main funds, while retail investors experienced a net outflow of 112 million yuan [2] - The main funds' net inflow for Changbao Co., Ltd. was 58.1 million yuan, representing 20.95% of its trading volume [3] - Other stocks like Taiyuan Iron & Steel and Fangda Special Steel also experienced significant net inflows from main funds [3]

Market Overview - The special steel sector experienced a decline of 0.46% on October 24, with Xining Special Steel leading the drop [1] - The Shanghai Composite Index closed at 3950.31, up 0.71%, while the Shenzhen Component Index closed at 13289.18, up 2.02% [1] Stock Performance - Notable gainers in the special steel sector included: - Xianglou New Materials (301160) with a closing price of 63.21, up 6.70% and a trading volume of 60,100 shares, totaling 376 million yuan [1] - Jinzhu Pipeline (002443) closed at 8.70, up 4.82% with a trading volume of 313,900 shares, totaling 270 million yuan [1] - Decliners included: - Xining Special Steel (600117) closed at 3.15, down 3.37% with a trading volume of 540,600 shares, totaling 171 million yuan [2] - Taiyuan Iron & Steel (000825) closed at 4.05, down 1.70% with a trading volume of 448,500 shares, totaling 182 million yuan [2] Capital Flow - The special steel sector saw a net inflow of 14.53 million yuan from institutional investors, while retail investors experienced a net outflow of 90.53 million yuan [2] - Key stocks with significant capital flow included: - Jinzhu Pipeline (002443) had a net inflow of 49.17 million yuan from institutional investors, but a net outflow of 44.99 million yuan from retail investors [3] - Taiyuan Iron & Steel (000825) recorded a net inflow of 14.33 million yuan from institutional investors, with a net outflow of 22.01 million yuan from retail investors [3]

Core Viewpoint - Shagang Group (002075.SZ) stated on October 23 that it does not have any international trading companies or related trading departments [1] Group 1 - The company confirmed the absence of international trade operations [1]

Market Overview - The special steel sector increased by 0.23% on October 22, with Fangda Special Steel leading the gains [1] - The Shanghai Composite Index closed at 3913.76, down 0.07%, while the Shenzhen Component Index closed at 12996.61, down 0.62% [1] Stock Performance - Fangda Special Steel (600507) closed at 5.57, up 2.77% with a trading volume of 315,700 shares and a turnover of 175 million yuan [1] - Other notable performers include: - Shengde Zhengtai (300881) at 35.29, up 2.20% [1] - Fushun Special Steel (665009) at 5.30, up 1.92% [1] - Jinzhu Pipeline (002443) at 8.48, up 1.44% [1] - Xining Special Steel (600117) at 3.28, up 1.23% [1] Capital Flow - The special steel sector saw a net inflow of 34.18 million yuan from institutional investors, while retail investors experienced a net outflow of 36.31 million yuan [2][3] - The capital flow for key stocks includes: - Fushun Special Steel with a net inflow of 28.63 million yuan from institutional investors [3] - Jiu Li Special Materials (002318) with a net inflow of 16.07 million yuan [3] - Fangda Special Steel with a net inflow of 6.93 million yuan from institutional investors [3]

Market Performance - The special steel sector increased by 1.09% on October 21, with Jinzhou Pipeline leading the gains [1] - The Shanghai Composite Index closed at 3916.33, up 1.36%, while the Shenzhen Component Index closed at 13077.32, up 2.06% [1] Individual Stock Performance - Jinzhou Pipeline (002443) closed at 8.36, up 6.23% with a trading volume of 249,200 shares and a turnover of 206 million yuan [1] - Changbao Co. (002478) closed at 6.33, up 4.46% with a trading volume of 397,100 shares and a turnover of 251 million yuan [1] - Shagang Group (002075) closed at 5.61, up 1.81% with a trading volume of 305,800 shares and a turnover of 171 million yuan [1] - Other notable performances include Taigang Stainless (000825) up 1.73% and Fangda Special Steel (600507) up 1.12% [1] Capital Flow Analysis - The special steel sector saw a net inflow of 8.93 million yuan from institutional investors, while retail investors contributed a net inflow of 10.64 million yuan [2] - The sector experienced a net outflow of 19.57 million yuan from speculative funds [2] Detailed Capital Flow for Key Stocks - Jinzhou Pipeline (002443) had a net inflow of 16.46 million yuan from institutional investors, while it faced a net outflow of 3.39 million yuan from speculative funds [3] - Shagang Group (002075) saw a net inflow of 15.62 million yuan from institutional investors, but a net outflow of 17.73 million yuan from speculative funds [3] - Fangda Special Steel (600507) had a net inflow of 4.64 million yuan from institutional investors, with a net outflow of 6.74 million yuan from speculative funds [3]

Core Viewpoint - The stock of Jiangsu Shagang Co., Ltd. has shown fluctuations, with a recent increase of 2.18% in price, but a year-to-date decline of 9.70% [1] Group 1: Stock Performance - As of October 21, the stock price reached 5.63 CNY per share, with a total market capitalization of 12.351 billion CNY [1] - The stock has experienced a slight increase of 0.18% over the last five trading days, but a decline of 4.58% over the last 20 days and 8.75% over the last 60 days [1] Group 2: Financial Performance - For the first half of 2025, the company reported a revenue of 6.827 billion CNY, a year-on-year decrease of 10.86%, while the net profit attributable to shareholders was 156 million CNY, showing a significant increase of 49.53% [2] Group 3: Shareholder Information - As of June 30, 2025, the number of shareholders decreased by 2.38% to 67,200, while the average number of circulating shares per person increased by 2.44% to 32,660 shares [2] - The company has distributed a total of 1.14 billion CNY in dividends since its A-share listing, with 384 million CNY distributed in the last three years [3] - Major shareholders include Hong Kong Central Clearing Limited, which increased its holdings by 6.7152 million shares, and new entrants like Huaxia CSI 1000 ETF [3]