Nisco(SH:600282) Sou Hu Cai Jing·2026-01-11 19:03Core Viewpoint - Nanjing Steel Co., Ltd. is actively engaging in various financial and operational strategies for 2026, including planned guarantees for subsidiaries, ongoing transactions with CITIC Bank, and the continuation of futures and derivatives hedging activities to mitigate risks associated with price fluctuations in the steel industry [1][2][3][4][5] Trading Information Summary - As of January 9, 2026, Nanjing Steel's stock closed at 5.52 yuan, up 1.28%, with a turnover rate of 1.55% and a trading volume of 955,300 shares, amounting to a total transaction value of 536 million yuan [1] - On the same day, the net inflow of main funds was 5.66 million yuan, accounting for 1.06% of the total transaction value, while retail investors experienced a net outflow of 22.72 million yuan, representing 4.24% of the total [1] Company Announcements Summary - Nanjing Steel's 14th meeting of the 9th Board of Directors on January 9, 2026, approved several resolutions, including expected daily related transactions for 2026, ongoing banking transactions with CITIC Bank, and guarantees for subsidiaries [1][2] - The company plans to hold its first extraordinary shareholders' meeting on January 26, 2026, to review various proposals, including daily related transactions and guarantees for subsidiaries [1][2] Guarantees and Transactions - Nanjing Steel expects to provide guarantees for its wholly-owned subsidiaries, with a maximum guarantee amount of 300 million yuan for the sales of steel, which represents 1.15% of the company's latest audited net assets [2] - The total expected daily related transactions for 2026 are estimated at 7.38 billion yuan, covering purchases of raw materials, sales of products, and financial transactions with CITIC Financial Company [2] Futures and Derivatives Hedging - The company plans to continue its hedging activities in the steel industry for the year 2026, with a maximum margin of 1 billion yuan at any given time and a maximum contract value of 5 billion yuan [3][4] - The hedging activities will include various products related to the company's operations, such as steel, iron ore, and coking coal, with risk management measures already established [4] Banking Transactions - Nanjing Steel intends to continue its financial dealings with CITIC Bank in 2026, with a maximum deposit balance of 2 billion yuan and a maximum credit balance of 5 billion yuan [5] - These transactions are classified as related transactions but do not constitute a major asset restructuring, and the pricing is deemed fair [5]