新疆八一钢铁股份有限公司

Core Points - The company announced its major operational data for the first quarter of 2025, ensuring the accuracy and completeness of the information provided [1] - The board of directors held its 22nd meeting of the 8th session, discussing various reports and approving several resolutions [7][11][20][25][30] Group 1: Board Meeting Overview - The board meeting was conducted in compliance with relevant laws and regulations [2] - The meeting was held on April 25, 2025, with all 9 directors present [4][5] - The chairman of the board, Mr. Ke Shanliang, presided over the meeting [6] Group 2: Resolutions Passed - The board approved the 2024 annual work report and the 2025 fixed asset investment plan, which includes 48 projects with a total investment of 38,115 million yuan [11][13][59] - The board also approved the special report on the independence of independent directors, confirming no conflicts of interest [9][11] - The company plans to invest in environmental and safety projects, with a focus on compliance and sustainability [11][68] Group 3: Financial Reports and Profit Distribution - The company reported a loss of 1,582,628,507.63 yuan for 2024, leading to a proposal not to distribute profits or increase capital reserves [50][51] - The board's decision on profit distribution is subject to approval at the upcoming annual shareholders' meeting [50][54] Group 4: Investment Projects - The fixed asset investment plan for 2025 includes projects aimed at environmental protection, safety, and energy efficiency [59][62] - The company plans to undertake a project to upgrade the iron-making process, with a maximum investment of 4,288.55 million yuan [70][72] Group 5: Stock Incentive Plan - The board approved the repurchase and cancellation of 5,793,600 shares from the 2021 stock incentive plan due to unmet performance conditions [87][94] - This repurchase will reduce the company's total share capital from 1,538,691,470 shares to 1,532,897,870 shares [94]