Nisco(SH:600282) Zheng Quan Shi Bao Wang·2025-05-27 11:06Core Viewpoint - South Steel Co., Ltd. (南钢股份) has successfully acquired exploration rights for the Fanqiao Iron Mine in Anhui Province for RMB 920 million, aiming to enhance its competitive edge in "high efficiency, low cost, and intelligent manufacturing" [1] Group 1: Financial Performance - In 2024, South Steel achieved a net profit attributable to shareholders of RMB 2.261 billion, representing a year-on-year increase of 6.37% [1] Group 2: Research and Development - The company's R&D investment ratio has consistently remained above 3%, reaching 3.96% in 2024, with a continuous increase in the contribution of advanced steel materials to profits [2] - South Steel is focusing on high-end product development in specialized plate materials and is transitioning towards premium special steel [2] Group 3: Digital Transformation - South Steel is one of the earliest companies in the industry to initiate digital transformation, adhering to the strategy of "digitalizing all businesses and businessizing all digital operations" [2] - The company has established an integrated layout of "one brain and three centers," covering the entire production process and operational management through digital applications [2] Group 4: Industry Ecosystem Development - South Steel is actively constructing a composite industrial chain ecosystem centered on "precision" and "specialty" steel businesses, along with strategic emerging industries [3] - The company’s subsidiary, Jin'an Mining, has launched a 50,000-ton ultra-pure iron powder production line, filling a domestic gap in the production of raw materials for permanent magnetic ferrite [3] - The green low-carbon environmental ecosystem is highlighted by the successful implementation of a key project for aluminum ash resource utilization in Huai'an [3]