Zhi Tong Cai Jing·2025-10-14 13:04Core Viewpoint - Chongqing Steel (601005) is expected to significantly reduce its net loss for the first three quarters of 2025, projecting a loss of RMB 210 million to RMB 230 million, which is an improvement of RMB 1.12 billion to RMB 1.14 billion compared to the same period last year [1][2] Group 1 - The main reasons for the expected reduction in losses include "cost reduction in procurement" and "profit increase in sales," which have significantly improved profitability [2] - On the procurement side, the company has deepened its localized layout, optimized inventory control, and maintained a stable QP structure, achieving precise cost reductions [2] - On the sales side, the company has expanded channels, optimized product structure, and adjusted business models, leading to an increase in the value of plate and coil products [2] Group 2 - The company is enhancing its risk resistance through "cost reduction" and "efficiency improvement" [2] - It is implementing lean management across the production process, optimizing technology, and utilizing resources efficiently to control costs [2] - The company has achieved a historical low in ore inventory and continuously optimized its risk management capabilities [2]