Core Insights - The company is focused on promoting the digital transformation of the bulk commodity industry through data services and steel trading services, driven by data elements and digital technology [1] - The management expresses confidence in the company's future development, aiming to enhance high-value services through AI and the Steel Union EBC product by 2025 [1] - The company plans to expand its international presence and influence through overseas subsidiaries [1] Industry and Company Overview - Shanghai Steel Union is a leading global provider of bulk commodity and related industry data services, with a domestic trillion-level B2B steel trading smart service e-commerce platform [1] - The main business segments include industrial data services and steel trading services [1] Future Strategies - The company aims to increase revenue by expanding consignment business transaction scale and extending the steel-silver ecosystem services, including supply chain innovation products, warehousing logistics upgrades, and SaaS subscription services [1] - There will be a continued increase in R&D investment in artificial intelligence and big data technology to enhance data processing and analysis capabilities [1] - The goal is to provide more accurate market forecasts, trend analysis, and intelligent decision support to enhance market recognition of the company's value and drive business growth [1]

Group 1 - Shanghai Steel Union's stock price dropped by 5.08% to 25.25 CNY per share, with a trading volume of 200 million CNY and a turnover rate of 2.53%, resulting in a total market capitalization of 8.048 billion CNY [1] - The company, established on April 30, 2000, and listed on June 8, 2011, primarily engages in B2B e-commerce services related to steel, energy, mining, and non-ferrous metals [1] - The revenue composition of Shanghai Steel Union includes 97.29% from supply chain services, 1.56% from consignment services, 0.66% from data subscription services, 0.19% from business promotion services, 0.12% from conference training services, 0.11% from other services, 0.07% from research consulting services, and 0.01% from other supplementary services [1] Group 2 - Dongzheng Asset Management has a fund that ranks among the top ten circulating shareholders of Shanghai Steel Union, with the Dongfanghong New Power Mixed A fund (000480) newly entering the top ten in the second quarter, holding 1.708 million shares, which is 0.56% of the circulating shares [2] - The Dongfanghong New Power Mixed A fund, established on January 28, 2014, has a latest scale of 2.776 billion CNY, with a year-to-date return of 22.91% and a one-year return of 53.97% [2] - The fund manager, Zhou Yun, has a tenure of 10 years and 13 days, with the fund's total asset scale at 11.698 billion CNY, achieving a best return of 258.73% and a worst return of 6.4% during the tenure [3]

Core Insights - The company held an online earnings briefing on September 19, 2025, where executives addressed investor concerns and discussed developments in data services, business growth, talent attraction, and market value management [1][2]. Data Services and Business Growth - As of June 30, 2025, the company had 2,827 personnel in its industrial data services sector, focusing on enhancing quality and standardization while integrating AI technology to meet user demands for commodity price research [3]. - The company plans to strengthen data quality and standardization, promote the integration of data with AI, and enhance operational efficiency through digital assistants in steel trading services [3]. Dividend and Investor Engagement - In 2024, the company repurchased shares totaling 49.628 million yuan, which were subsequently canceled, effectively acting as a cash dividend; for the first half of 2025, a cash dividend of 15.9361 million yuan is proposed [3]. Corporate Culture and Talent Attraction - The company emphasizes a core value system of "diligence, integrity, mutual benefit, and wisdom," establishing a profit-sharing mechanism and a training system to attract talent and support employee growth [3]. Business Expansion Strategy - The company aims to expand its industrial data services coverage and implement differentiated business strategies, leveraging advanced technology to enhance data processing capabilities and ensure service quality [3]. Market Value Management - The company has established a market value management system and is focused on enhancing core competitiveness through technological innovation, with no current plans for share repurchase [3]. Research and Development Investment - In the first half of 2025, the company invested over 50 million yuan in R&D, particularly in AI and big data, collaborating with universities to drive technological innovation [3]. Membership Growth - The industrial data services sector reported a total of 273,800 paid members in the first half of 2025, indicating growth in user engagement [3]. International Expansion - The company is establishing a presence in Southeast Asia, with Singapore as the operational hub and plans to set up a subsidiary in Vietnam to enhance local service offerings [3].

Group 1: Company Performance and Financials - As of June 30, 2025, the company has 2,827 personnel in its data service business [2] - The company plans to distribute cash dividends of RMB 15.9361 million for the first half of 2025 [2] - The company's net profit growth rate over the past three years is -3.22%, and the non-recurring net profit growth rate is -9.02% [8] Group 2: Market Strategy and Growth - The company aims to enhance its market share through technological innovation and service model optimization [3] - The company has set a target to expand its data service coverage across eight major industries, including black metals and new materials [8] - The company has 273,800 paid members in its data service business as of the first half of 2025 [8] Group 3: AI and Technology Investment - In the first half of 2025, the company invested over RMB 50 million in R&D, focusing on AI and big data technologies [5] - The company has launched digital assistants "Xiao Gang" and "Xiao Tie" to improve operational efficiency and user experience [5] - Future AI applications will include enhanced data processing and predictive modeling capabilities [5] Group 4: Corporate Governance and Shareholder Relations - The company emphasizes value management and has implemented a share buyback and cancellation plan in 2024 [6] - The company maintains a commitment to transparent communication with investors to enhance confidence in its long-term value [6] - The company has a structured approach to governance, ensuring that major decisions are made through the board and shareholder meetings [3] Group 5: Risk Management and Financial Health - As of mid-2025, the company's accounts receivable balance is RMB 664 million, a decrease of 36.60% from the previous year [7] - The company is actively optimizing its product structure to enhance customer service and risk control capabilities [7] - The company has no current plans for mergers or acquisitions but will disclose any significant developments [6]

Core Viewpoint - The company is focused on promoting the digital transformation of the bulk commodity industry through data services and steel trading services, expressing confidence in its future development [1] Group 1: Company Strategy - The company plans to enhance its industrial data service business by deepening services and integrating multidimensional data to provide high-value services, leveraging AI and its EBC products to expand applications in intelligent forecasting and business decision-making [1] - The company aims to accelerate its international layout and enhance its global influence through overseas subsidiaries [1] - The steel trading service will increase revenue by expanding consignment business transactions and extending the steel ecosystem services, including supply chain innovation products, warehousing logistics upgrades, and SaaS subscription services [1] Group 2: Technology and R&D - The company will continue to increase its investment in artificial intelligence and big data technology research and development to improve data processing and analysis capabilities [1] - The goal is to provide users with more accurate market forecasts, trend analysis, and intelligent decision support, thereby enhancing market recognition of the company's value and driving business growth [1] Group 3: Market Position - The company is recognized as a global leader in bulk commodity and related industry data services and operates a domestic trillion-level B2B steel trading smart service e-commerce platform [1]

证券代码：300226 证券简称：上海钢联 公告编号：2025-070 为充分尊重投资者，提升交流的针对性，投资者可于2025年9月19日14:00 前访问 http://ir.p5w.net/zj/进入问题征集专题页面。公司将在本次集体接待 日上，对投资者普遍关注的问题进行回答。 （问题征集专题页面二维码） 1 上海钢联电子商务股份有限公司 关于参加2025年上海辖区上市公司集体接待日暨中报业绩 说明会活动的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和 完整，没有虚假记载、误导性陈述或重大遗漏。 为进一步加强与投资者的互动交流，上海钢联电子商务股份有限公司（以下 简称"公司"）将参加由中国证券监督管理委员会上海监管局指导、上海上市公司 协会及深圳市全景网络有限公司联合举办的"2025年上海辖区上市公司集体接待 日暨中报业绩说明会活动"，现将有关事项公告如下： 本次活动将采用网络远程的方式举行，投资者可登录"全景路演"网站 （https://rs.p5w.net/html/175611728073329.shtml）；或关注微信公众号（名称： 全景财经）；或下载全景路演APP，参与本次互动交流。 ...

Group 1 - The core point of the article indicates that the national steel market inventory has increased by 2.25% compared to the previous week, reaching a total of 9.3918 million tons [1] Group 2 - The total inventory in 38 cities across 135 warehouses is 9.3918 million tons, which is an increase of 207,000 tons from last week [1] - The inventory of construction steel in 30 cities across 79 warehouses is 5.2699 million tons, reflecting an increase of 197,700 tons, or 3.90% [1] - The hot-rolled coil inventory in 15 cities across 47 warehouses totals 2.2074 million tons, with an increase of 29,100 tons, or 1.34% [1] - The inventory of medium and heavy plates in 9 cities across 14 warehouses is 678,600 tons, showing a decrease of 12,400 tons, or 1.79% [1] - The cold-rolled and coated inventory in 5 cities across 14 warehouses is 1.2359 million tons, which has decreased by 7,400 tons, or 0.60% [1]

Group 1 - The company Shanghai Steel Union announced the convening of a workers' representative meeting on September 12, 2025 [2] - During the meeting, representatives elected Mr. Xia Xiaokun as the employee representative director of the company's sixth board of directors [2]

上海上正恒泰律师事务所 上海上正恒泰律师事务所 关于上海钢联电子商务股份有限公司 2025 年第二次临时股东大会的 法律意见书 二○二五年九月十二日 股东大会法律意见书 上海上正恒泰律师事务所 股东大会法律意见书 上海上正恒泰律师事务所 关于上海钢联电子商务股份有限公司 2025 年第二次临时股东大会的法律意见书 致：上海钢联电子商务股份有限公司 上海上正恒泰律师事务所（以下简称"本所"）接受上海钢联电子商务股份有 限公司（以下简称"公司"或"上海钢联"）的聘请，指派律师（以下简称"本所 律师"）出席了公司 2025 年第二次临时股东大会（以下简称"本次股东大会"）， 并依据《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》"）、《上市公司股东会规则》（以下简称"《股 东会规则》"）及《上海钢联电子商务股份有限公司章程》（以下简称"《公司章 程》"）的规定，就公司本次股东大会发表法律意见如下： 一． 本次股东大会的召集、召开程序 1. 公司于 2025 年 8 月 27 日召开了第六届董事会第十三次会议，决定于 2025 年 9 月 12 日召开公司 2025 ...

证券代码：300226 证券简称：上海钢联 公告编号：2025-069 上海钢联电子商务股份有限公司 关于为子公司钢银电商提供担保的进展公告 本公司及董事会全体人员保证信息披露的内容真实、准确和完 整，没有虚假记载、误导性陈述或者重大遗漏。 一、担保情况概述 1、担保人：上海钢联电子商务股份有限公司（以下简称"上海钢联""公司"） 2、被担保人：上海钢银电子商务股份有限公司（以下简称"钢银电商"） 3、担保基本情况：近日，公司与华夏银行股份有限公司上海分行（以下简 称"华夏银行上海分行"）签署了《最高额保证合同》（合同编号：SH05（高保） 20250005），为钢银电商与华夏银行上海分行在一定期限内发生的债务提供担保， 提供最高债权额不超过人民币 10,000 万元的连带责任保证。 4、审议程序：公司于 2025 年 4 月 1 日召开的第六届董事会第十一次会议和 2025 年 4 月 23 日召开的 2024 年年度股东大会审议通过了《关于公司子公司 2025 年度申请综合授信额度及为其提供担保的议案》（公告编号：2025-024），同意 公司为钢银电商 2025 年度向银行、非银金融机构或其他机构申请综 ...