Ge Long Hui·2025-10-14 13:05Core Viewpoint - Chongqing Steel's preliminary forecast for Q3 2025 indicates a net loss attributable to shareholders of RMB 210 million to RMB 230 million, representing a significant reduction in losses compared to the previous year [1] Group 1: Financial Performance - The expected net loss for the first three quarters of 2025 is projected to be between RMB 220 million and RMB 240 million, with a reduction in losses of RMB 111 million to RMB 113 million compared to the same period last year [1] - The main reasons for the significant reduction in net loss include improved profitability through cost reduction in procurement and increased sales revenue [1] Group 2: Operational Improvements - The company has implemented a dual approach of "cost reduction" and "efficiency enhancement" to strengthen its risk resilience [2] - Efforts include lean management across the production process, optimizing resource utilization, and achieving record highs in the recycling of solid waste, leading to the lowest annual coal consumption ratio [2] - Continuous fine-tuning of inventory management has resulted in historically low iron ore inventory levels, enhancing risk management capabilities [2]