Group 1 - The company announced a leadership change with the resignation of its chairman, Jie Qi, and the election of Mao Zhanhong as the new chairman of the board [1] - Mao Zhanhong has extensive experience in the steel industry, having held various positions at Baosteel and Maanshan Iron & Steel [1] - Shandong Steel Group is a significant state-owned enterprise in Shandong Province, with a registered capital of 11.969 billion yuan and total assets of 178.169 billion yuan [2] Group 2 - In the first half of 2023, Shandong Steel reported an operating revenue of 36.806 billion yuan, a decrease of 18.60% year-on-year, but achieved a net profit attributable to shareholders of 12.5258 million yuan, marking the first profit in three years for the same period [4] - The company's net cash flow from operating activities was 2.821 billion yuan, an increase of 88.31% year-on-year, and its debt-to-asset ratio was 56.92%, down by 0.10 percentage points from the end of the previous year [4] - As of August 26, 2023, Shandong Steel's stock price was 1.57 yuan, with a market capitalization of 16.797 billion yuan [4]
山东钢铁迎新任董事长,三年来中期业绩首次扭亏为盈