Group 1 - Company announced the convening of the ninth board meeting on December 30, 2025 [1] - The board approved a proposal to use idle funds for purchasing financial products [1] - The total amount for investment in financial products is capped at 1.5 billion RMB [1] - The funds will be used for low-risk, liquid financial products such as government bond reverse repos and bank wealth management products [1] - The approved funds can be used on a rolling basis within the specified limit [1]

每经AI快讯，方大特钢12月30日晚间发布公告称，公司第九届第九次董事会会议于2025年12月30日以 现场和通讯表决相结合的方式召开。会议审议了《关于预计2026年度日常关联交易事项的议案》等文 件。 每经头条（nbdtoutiao）——2025十大财经新闻出炉！护航、酣战、变局、狂飙分别指向哪些大事件？ （记者 张明双） ...

证券代码：600507 证券简称：方大特钢 公告编号：临2025-080 方大特钢科技股份有限公司 关于使用闲置资金购买理财产品的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 在保证公司正常经营所需资金的情况下，为持续提高资金使用效率，合理利 用闲置资金，创造更大的经济效益，公司使用闲置资金购买理财产品。 方大特钢科技股份有限公司（以下简称"公司"）于 2025 年 12 月 30 日召开 第九届董事会第九次会议，审议通过《关于使用闲置资金购买理财产品的议案》， 同意公司（含子公司）使用额度不超过人民币 15 亿元的闲置资金购买国债逆回 购及中低风险、流动性好的银行理财产品、资管计划、收益凭证等金融机构理财 产品。在上述额度内，资金可以滚动使用。 本事项尚需提交股东会审议。 一、基本情况 总额度不超过人民币15亿元。在上述额度内，资金可以滚动使用。 （一）目的 （二）额度 （三）品种 理财产品包括国债逆回购及中低风险、流动性好的银行理财产品、资管计划、 收益凭证等金融机构理财产品。 （四）资金来源 公司及子公司闲置的自 ...

证券代码：600507 证券简称：方大特钢 公告编号：临2025-079 方大特钢科技股份有限公司 关于预计 2026 年度日常关联交易事项的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 一、日常关联交易基本情况 （一）审议程序 根据方大特钢科技股份有限公司（以下简称"方大特钢"或"公司"）生产 经营的需要，公司及子公司与关联方江西方大钢铁集团有限公司（以下简称"方 大钢铁"）、方大炭素新材料科技股份有限公司（以下简称"方大炭素"）及其子 公司、北京方大炭素科技有限公司（以下简称"北京方大"）及其子公司、江西 海鸥贸易有限公司（以下简称"海鸥贸易"）、北方重工集团有限公司（以下简称 "北方重工"）及其子公司、九江萍钢钢铁有限公司（以下简称"九江钢铁"）及 其子公司、萍乡萍钢安源钢铁有限公司（以下简称"萍安钢铁"）及其子公司、 四川省达州钢铁集团有限责任公司（以下简称"达州钢铁"）及其子公司、天津 一商集团有限公司（以下简称"天津一商"）及其子公司、辽宁方大装备制造集 团有限责任公司（以下简称"方大装备" ...

本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 一、召开会议的基本情况 (一)股东会类型和届次 2026年第一次临时股东会 证券代码：600507 证券简称：方大特钢 公告编号：临 2025-081 方大特钢科技股份有限公司 关于召开2026年第一次临时股东会的通知 涉及融资融券、转融通业务、约定购回业务相关账户以及沪股通投资者的投 票，应按照《上海证券交易所上市公司自律监管指引第 1 号 — 规范运作》等有 1 (四)现场会议召开的日期、时间和地点 召开的日期时间：2026 年 1 月 16 日 14 点 30 分 召开地点：公司四楼会议室（江西省南昌市青山湖区冶金大道 475 号） (五)网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东会网络投票系统 网络投票起止时间：自2026 年 1 月 16 日 至2026 年 1 月 16 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 东会召开当日的交易时间段，即 9:15-9:25，9:30-11:30，13:00- ...

证券代码：600507 证券简称：方大特钢 公告编号：临2025-078 方大特钢科技股份有限公司 第九届董事会第九次会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 1 具体内容详见 2025 年 12 月 31 日登载于《上海证券报》《中国证券报》《证 券日报》和上海证券交易所网站（www.sse.com.cn）之《方大特钢关于预计 2026 年度日常关联交易事项的公告》。 本议案尚需提交股东会审议。 一、董事会会议召开情况 2025 年 12 月 30 日，方大特钢科技股份有限公司（以下简称"方大特钢"或"公 司"）第九届董事会第九次会议以现场和通讯表决相结合的方式召开。公司于 2025 年 12 月 25 日以电子邮件等方式向公司全体董事发出了会议通知和材料。本次会 议应出席董事 15 人，实际出席董事 15 人，会议的召开符合有关法律法规和《公 司章程》的规定。 二、董事会会议审议情况 （一）审议通过《关于预计 2026 年度日常关联交易事项的议案》 赞成票 6 票，反对票 0 票，弃权票 0 票。关联董 ...

Market Overview - The special steel sector increased by 0.24% on December 30, with Xianglou New Materials leading the gains [1] - The Shanghai Composite Index closed at 3965.12, showing no change, while the Shenzhen Component Index rose by 0.49% to 13604.07 [1] Stock Performance - Xianglou New Materials (301160) closed at 68.81, up 4.10% with a trading volume of 60,800 shares and a transaction value of 414 million yuan [1] - Jiuli Special Materials (002318) rose by 2.38% to 27.96, with a trading volume of 150,000 shares [1] - Other notable performances include: - CITIC Special Steel (000708) up 0.56% to 16.16 - Shagang Group (002075) remained unchanged at 5.69 - Fangda Special Steel (600507) down 0.17% to 5.95 [1] Capital Flow - The special steel sector experienced a net outflow of 99.69 million yuan from institutional investors, while retail investors saw a net inflow of 112 million yuan [2] - The detailed capital flow for specific stocks includes: - Xianglou New Materials had a net inflow of 4.96 million yuan from institutional investors [3] - Jiuli Special Materials saw a significant net outflow of 10.06 million yuan from institutional investors [3] - Retail investors contributed positively to several stocks, including Jiuli Special Materials with a net inflow of 10.04 million yuan [3]

证券之星消息，12月29日特钢板块较上一交易日下跌0.71%，常宝股份领跌。当日上证指数报收于 3965.28，上涨0.04%。深证成指报收于13537.1，下跌0.49%。特钢板块个股涨跌见下表： 从资金流向上来看，当日特钢板块主力资金净流出3.03亿元，游资资金净流入1148.09万元，散户资金净 流入2.92亿元。特钢板块个股资金流向见下表： | 代码 | 名称 | 主力净流入 (元) | 主力净占比 游资净流入 (元) | | 游资净占比 散户净流入 (元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | | 600507 方大特钢 | | > 334.01万 | 2.70% | -341.13万 | -2.76% | 7.13万 | 0.06% | | 301160 翔楼新材 | | -6767.00 | 0.00% | -1733.22万 | -6.24% | 1733.90万 | 6.25% | | 600117 西宁特钢 | | -259.01万 | -4.13% | -623.79万 | -9.95% | - 882 ...

Market Performance - The steel sector increased by 3.42% this week, outperforming the broader market [1][2] - The special steel segment rose by 4.80%, long products by 1.27%, and flat products by 1.94% [1][2] - Iron ore segment surged by 10.15%, steel consumables by 2.94%, and trade circulation by 4.33% [1][2] Supply Situation - As of December 26, the capacity utilization rate of blast furnaces in sample steel enterprises was 84.9%, up by 0.01 percentage points week-on-week [2] - Electric furnace capacity utilization rate was 53.2%, down by 1.12 percentage points week-on-week [2] - The output of five major steel products was 6.92 million tons, an increase of 0.15 million tons week-on-week [2] - Daily average pig iron output was 2.2658 million tons, up by 0.03 million tons week-on-week, but down by 28,300 tons year-on-year [2][5] Demand Situation - Consumption of five major steel products was 8.336 million tons, down by 16,700 tons week-on-week [2] - Mainstream traders' sales volume of construction steel was 95,000 tons, down by 4.3% week-on-week [2] Inventory Situation - Social inventory of five major steel products was 8.726 million tons, down by 339,100 tons week-on-week [3] - Factory inventory was 3.854 million tons, down by 28,800 tons week-on-week [3] Price and Profit - The comprehensive index for ordinary steel was 3,439.2 yuan/ton, down by 9.57 yuan/ton week-on-week [3] - The comprehensive index for special steel was 6,571.8 yuan/ton, up by 1.81 yuan/ton week-on-week [3] - The profit for rebar from blast furnaces was 50 yuan/ton, up by 8.0 yuan/ton week-on-week [3] - The profit for electric furnace construction steel was -4 yuan/ton, up by 3.0 yuan/ton week-on-week [3] Raw Material Situation - The spot price index for Australian powder ore (62% Fe) was 800 yuan/ton, up by 2.0 yuan/ton week-on-week [4] - The price for main coking coal remained stable at 1,700 yuan/ton [4] - The average available days of iron ore for sample steel enterprises was 25.18 days, down by 0.2 days week-on-week [4] Investment Outlook - The steel industry is expected to maintain a stable supply-demand situation despite current challenges [6][7] - The demand for steel is anticipated to improve marginally due to government "stability growth" policies supporting real estate and infrastructure [6][7] - Companies with high gross margins and strong cost control are expected to see valuation recovery opportunities [7] - Recommended companies include regional leaders with advanced equipment and environmental standards, as well as those benefiting from the new energy cycle [7]

Investment Rating - The steel industry is rated as "Positive" [2] Core Viewpoints - The steel sector has shown resilience with a 3.42% increase this week, outperforming the broader market, while specific segments like special steel and iron ore have seen even higher gains [2][10] - Supply constraints and seasonal demand weakness are expected to lead to a gradual increase in steel prices [2][3] - The overall demand for steel is projected to stabilize or slightly increase due to government policies aimed at economic growth, particularly in real estate and infrastructure [3] Supply Summary - As of December 26, the capacity utilization rate for blast furnaces in sample steel companies is 84.9%, a slight increase of 0.01 percentage points week-on-week [2][25] - The production of five major steel products reached 6.92 million tons, with a week-on-week increase of 0.02% [2][25] - Daily average pig iron production is 2.2658 million tons, showing a week-on-week increase of 0.03 tons but a year-on-year decrease of 28,300 tons [2][25] Demand Summary - The consumption of five major steel products was 8.336 million tons, a week-on-week decrease of 1.67 million tons [2][35] - The transaction volume of construction steel by mainstream traders was 95,000 tons, down 0.43 tons week-on-week [2][35] Inventory Summary - Social inventory of five major steel products is 8.726 million tons, down 339,100 tons week-on-week, a decrease of 3.74% [2][42] - Factory inventory of five major steel products is 3.854 million tons, down 28,800 tons week-on-week, a decrease of 0.74% [2][41] Price & Profit Summary - The comprehensive index for ordinary steel is 3,439.2 yuan/ton, a week-on-week decrease of 9.57 yuan/ton [2][48] - The profit for rebar from blast furnaces is 50 yuan/ton, an increase of 8.0 yuan/ton week-on-week [2][55] - The profit for electric arc furnace rebar is -4 yuan/ton, an increase of 3.0 yuan/ton week-on-week [2][55] Raw Material Summary - The spot price index for Australian iron ore (62% Fe) is 800 yuan/ton, a week-on-week increase of 2.0 yuan/ton [2][72] - The price for primary metallurgical coke is 1,770 yuan/ton, unchanged week-on-week [2][72] Company Valuation Summary - Key companies in the steel sector include Baosteel, Hualing Steel, and CITIC Special Steel, with projected earnings per share (EPS) and price-to-earnings (P/E) ratios indicating potential for growth [2][73]