SINOSTEEL LNMTC(SH:688119) Sou Hu Cai Jing·2025-05-24 10:16Core Viewpoint - The company, Zhonggang Luonai Technology Co., Ltd., is experiencing a slight decline in stock price and has announced an upcoming earnings presentation while also receiving a government subsidy that is expected to positively impact profits [1][2]. Group 1: Stock Performance - As of May 23, 2025, Zhonggang Luonai's stock closed at 3.78 yuan, down 0.26% from the previous week [1]. - The stock reached a high of 3.91 yuan and a low of 3.78 yuan during the week [1]. - The company's current market capitalization is 4.252 billion yuan, ranking 15th out of 35 in the building materials sector and 3278th out of 5148 in the A-share market [1]. Group 2: Company Announcements - Zhonggang Luonai will hold a performance briefing for the fiscal year 2024 and the first quarter of 2025 on May 28, 2025, from 9:00 to 10:00 AM at the Shanghai Stock Exchange Roadshow Center [1][4]. - The meeting will be interactive, allowing investors to submit questions from May 21 to May 27, 2025 [1]. - Key attendees will include the chairman, general manager, independent directors, and the financial officer [1]. Group 3: Shareholder Commitments - The controlling shareholder, Zhonggang Technology Development Co., Ltd., and its concerted party, China Metallurgical Technology Achievement Transformation Co., Ltd., have committed not to reduce their holdings in Zhonggang Luonai for 12 months starting from June 6, 2025 [2]. - Zhonggang Technology holds 424.35 million shares (37.72% of total shares), while Metallurgical Technology holds 40.77 million shares (3.62%), totaling 465.12 million shares (41.34% of total shares) [2]. Group 4: Government Subsidy - Zhonggang Luonai's wholly-owned subsidiary has received a government subsidy notification for 15.2405 million yuan, which is expected to positively affect the company's profits [2]. - As of the announcement date, the company has already received 7.4064 million yuan of this subsidy since January 2025 [2].