Group 1 - The major shareholder of Shandong Steel, Shandong Steel Group, has completed a significant share buyback plan, acquiring approximately 400 million shares, which accounts for 3.74% of the total share capital, with a total investment of around 500 million yuan [1] - Following this buyback, Shandong Steel Group's shareholding has increased to 58.81%, reflecting confidence in the company's future development and investment value [2] - The company has experienced a decline in operating performance, with revenue dropping to 904.8 billion yuan in 2023 and a net loss of 4 billion yuan, leading to a total net loss of 26.58 billion yuan over two years [2] Group 2 - Despite the operational challenges, Shandong Steel has continued to invest in research and development, with total R&D expenditures amounting to 80.22 billion yuan from 2021 to 2024 [3] - The R&D expense ratio has increased from 1.8% in 2021 to 2.24% in 2024, indicating a growing emphasis on technological innovation [3] - As of the end of 2024, Shandong Steel holds a total of 1,662 valid patents, including 979 invention patents, showcasing its commitment to innovation [4]
山东钢铁大股东三年耗资10.35亿元增持 四年累投超80亿元研发费加强科创优势