STSS(SZ:000825) Quan Jing Wang·2025-09-13 04:37Core Viewpoint - Taigang Stainless Steel is focusing on sustainable development and green transformation, with significant investments in environmental protection and low-carbon product manufacturing, aiming for carbon neutrality in the steel industry by 2050 [1][2]. Group 1: Environmental and Green Development - The company plans to invest 2.6 billion yuan in environmental operation costs in 2024, translating to 208 yuan per ton of steel, covering expenses for waste gas, wastewater, solid waste treatment, depreciation, environmental taxes, and monitoring fees [1]. - Taigang has invested nearly 800 million yuan in technology upgrades for environmental protection in recent years, emphasizing that environmental initiatives will continue to be a key focus [1]. - The company is recognized as one of the first green factories in China and has received international certification for its low-carbon stainless steel products [1]. Group 2: Product Development and Market Position - Taigang is enhancing its green manufacturing capabilities by optimizing energy use, adjusting raw material structures, and implementing digital management for low-carbon initiatives [2]. - The company has developed various low-carbon products tailored to customer decarbonization needs, with some products achieving over 60% reduction in carbon emissions [2]. - Taigang holds the largest domestic market share for several specialized steel products, including electromagnetic pure iron and railway axle steel [2]. Group 3: Financial Performance - In the first half of 2025, Taigang achieved a revenue of 45.967 billion yuan and a net profit of 393 million yuan, marking a year-on-year increase of 182.74% [3]. - The company's non-recurring net profit reached 316 million yuan, a significant increase of 652.96% compared to the same period last year [3]. - Basic earnings per share rose to 0.069 yuan, reflecting a growth of 187.50% year-on-year [3].