2025-07-14 13:00Chongqing Iron & Steel Company Limited 2025 Semi-Annual Performance Forecast This report provides the company's preliminary semi-annual performance forecast for 2025, detailing the expected significant reduction in net loss, the underlying operational improvements, and associated risk disclosures Summary of Performance Forecast The company projects a significant reduction in net loss for H1 2025, with attributable net loss expected between RMB 120 million and RMB 140 million, representing a substantial year-on-year improvement Key Performance Indicators for H1 2025 Performance Forecast | Indicator | H1 2025 (Estimated, RMB) | H1 2024 (Prior Period, RMB) | Year-on-Year Change (RMB) | | :--- | :--- | :--- | :--- | | Net Profit Attributable to Shareholders | -140 million to -120 million | -689 million | Loss reduced by 549 million to 569 million | | Net Profit Attributable to Shareholders (Excluding Non-Recurring Items) | -150 million to -130 million | -691 million | Loss reduced by 541 million to 561 million | | Earnings Per Share | N/A | -0.08/share | N/A | - The data in this performance forecast has not been audited by an accounting firm5 Analysis of Performance Change Reasons The substantial reduction in loss is primarily attributed to the company's effective strategies in procurement, sales, and stringent production cost control, leading to improved efficiency and market presence - Integrated procurement and sales transformation enhanced business capabilities: significant cost reduction achieved through localized procurement and seizing price reduction opportunities; sales achieved breakthroughs in new user development, market share, and special steel proportion through agile linkage, regional coordination, and product structure optimization7 - Significant cost control achievements: The company maintained a consistent intensive production model, effectively reducing product manufacturing costs through refined scheduling and strict process control, and significantly improving key production indicators such as blast furnace utilization, smelting cycle, and hot charging rate7 Risk Warning and Other Disclosures The company confirms no material uncertainties affecting the forecast's accuracy, while reminding investors that the disclosed data is preliminary and subject to the final semi-annual report - The company declares no significant uncertain factors exist that would affect the accuracy of this performance forecast8 - Investors are reminded that the forecast data represents preliminary accounting results, and the final accurate financial data will be based on the company's officially disclosed 2025 semi-annual report9