BSGCO(SZ:000959) Quan Jing Wang·2025-10-31 10:49Core Insights - Shougang Co., Ltd. reported significant financial growth in its Q3 2025 results, showcasing a strong development momentum [1] - The company aims to become a world-class steel listed company and a leading high-end materials service provider [1][2] Financial Performance - For the first three quarters of 2025, Shougang's operating revenue reached 77.234 billion yuan, with a net profit attributable to shareholders of 0.953 billion yuan, marking a year-on-year increase of 368.13% [1] - The net profit excluding non-recurring gains and losses was 0.988 billion yuan, soaring by 42686.3% year-on-year, indicating a substantial improvement in profitability [1] - In Q3 2025 alone, the company achieved an operating revenue of 24.716 billion yuan, with a net profit of 0.296 billion yuan, reflecting a year-on-year growth of 255.06% [1] - The net profit excluding non-recurring gains and losses for Q3 was 0.306 billion yuan, up 213.03% year-on-year [1] Business Focus and Strategy - Shougang's main business includes the production and sales of steel products and electrical steel (soft magnetic materials) [1] - The company is actively promoting technological innovation as its primary competitive advantage and accelerating digital transformation to enhance new productivity [2] - With ongoing industry transformation and upgrades, Shougang is expected to seize more development opportunities and create greater value for shareholders [2]