| 债券代码： | 148301.SZ | 债券简称： | 23HBIS01 | | | --- | --- | --- | --- | --- | | 债券代码： | 148862.SZ | 债券简称： | 24 河钢 | Y3 | | 债券代码： | 148922.SZ | 债券简称： | 河钢 24 | Y4 | 华泰联合证券有限责任公司关于 河钢股份有限公司董事及高级管理人员变动的 受托管理事务临时报告 债券受托管理人 （住所：深圳市前海深港合作区南山街道桂湾五路 128 号前海深港基金小镇 B7 栋 401） 2025 年 10 月 声明 华泰联合证券有限责任公司（以下简称"华泰联合证券"）编制本报告的内 容及信息均来源于河钢股份有限公司（以下简称"发行人""公司"）对外披露的 文件。 本报告不构成对投资者进行或不进行某项行为的推荐意见，投资者应对相关 事宜做出独立判断，而不应将本报告中的任何内容据以作为华泰联合证券所作的 承诺或声明。 1 华泰联合证券作为"河钢股份有限公司2023年面向专业投资者公开发行公司 债券（第一期）"、"河钢股份有限公司2024年面向专业投资者公开发行可续期公 司债券（第 ...

Key Points - Global crude steel production in September 2025 showed mixed results across different regions, with Africa and the Middle East experiencing growth, while Asia, the EU, and South America faced declines [2][3] - The total crude steel production for the 70 countries/regions reported accounts for 98% of the global crude steel output in 2024 [3] Regional Production Summary - **Africa**: Crude steel production reached 2 million tons, an increase of 8.2% year-on-year [3] - **Asia and Oceania**: Production was 102.9 million tons, down 2.1% year-on-year [3] - **EU (27 countries)**: Production totaled 10.1 million tons, a decrease of 4.5% year-on-year [3] - **Other European countries**: Production was 3.6 million tons, up 1.4% year-on-year [3] - **Middle East**: Crude steel production was 4.6 million tons, an increase of 9.3% year-on-year [3] - **North America**: Production reached 8.8 million tons, up 1.8% year-on-year [3] - **Russia and other CIS countries + Ukraine**: Production was 6.2 million tons, down 5.3% year-on-year [3] - **South America**: Production totaled 3.5 million tons, a decrease of 2.7% year-on-year [3] Top Producing Countries - **China**: Produced 73.5 million tons, a decline of 4.6% year-on-year [4][5] - **India**: Crude steel production was 13.6 million tons, an increase of 13.2% year-on-year [4][5] - **United States**: Production reached 6.9 million tons, up 6.7% year-on-year [4][5] - **Japan**: Produced 6.4 million tons, down 3.7% year-on-year [4][5] - **Russia**: Estimated production was 5.2 million tons, a decrease of 3.8% year-on-year [4][5] - **South Korea**: Production totaled 5.0 million tons, down 2.4% year-on-year [4][5] - **Turkey**: Produced 3.2 million tons, an increase of 3.3% year-on-year [4][5] - **Germany**: Crude steel production was 3.0 million tons, down 0.6% year-on-year [4][5] - **Brazil**: Production reached 2.8 million tons, a decline of 3.2% year-on-year [4][5] - **Iran**: Produced 2.3 million tons, an increase of 6.0% year-on-year [4][5]

Core Points - The company announced the election of Deng Jianjun as the new chairman during the sixth session of the third board meeting scheduled for October 17, 2025 [2] - The company has completed the necessary legal procedures for the change of its legal representative and has obtained a new business license [2] Summary by Category - **Leadership Change** - Deng Jianjun has been elected as the chairman of the company, which is a significant leadership transition [2] - **Regulatory Compliance** - The company has successfully completed the registration change for its legal representative and has received a new business license, indicating compliance with regulatory requirements [2]

Market Overview - On October 23, the steel sector rose by 0.32% compared to the previous trading day, with Nanjing Steel leading the gains [1] - The Shanghai Composite Index closed at 3922.41, up 0.22%, while the Shenzhen Component Index closed at 13025.45, also up 0.22% [1] Individual Stock Performance - Nanjing Steel (600282) closed at 5.26, up 2.14% with a trading volume of 340,700 shares and a turnover of 177 million yuan [1] - Anyang Iron & Steel (600569) closed at 2.44, up 1.67% with a trading volume of 373,700 shares [1] - New Century Steel (000778) closed at 4.00, up 1.27% with a trading volume of 563,300 shares [1] - Hebei Steel (000709) closed at 2.59, up 1.17% with a trading volume of 1,917,500 shares [1] - Ansteel (000898) closed at 2.77, up 1.09% with a trading volume of 367,000 shares [1] Fund Flow Analysis - The steel sector experienced a net outflow of 417 million yuan from institutional investors, while retail investors saw a net inflow of 382 million yuan [2] - The top stocks with significant fund flow include: - Wujin Stainless Steel (603878) with a net inflow of 12.92 million yuan from institutional investors [3] - Youfa Group (601686) with a net inflow of 12.74 million yuan from institutional investors [3] - Chongqing Steel (601005) with a net inflow of 11.07 million yuan from institutional investors [3]

Core Insights - The forum emphasized the transformative impact of AI on enterprise management, with a focus on how companies can adapt to this change to enhance their operational capabilities [1][2] Group 1: AI and Management Transformation - The chairman of Hisense highlighted the need for companies to embrace AI-driven changes in management practices, marking the beginning of a "digital management era" in China [1] - Hisense is implementing digital transformation across various functions, including R&D, manufacturing, marketing, and services, viewing it as a key strategic initiative for future growth [1][2] Group 2: Organizational Change and Strategy - Hisense is pursuing a deep organizational transformation, adopting a "small headquarters, large industry" model to create a more efficient and market-responsive structure [2] - The company emphasizes the importance of speed in decision-making and action, advocating for a proactive approach even in uncertain situations [1][2] Group 3: Collaboration and Knowledge Sharing - The establishment of the China Management Talent Development Research Institute aims to create a platform for learning and exchanging management wisdom, bridging the gap between academia and industry [3] - Hisense's case study on penetrating the global high-end market was recognized as one of the top ten best practices, showcasing successful strategies for international expansion [3]

Core Viewpoint - The company has announced a change in leadership, electing Deng Jianjun as the new chairman during the upcoming board meeting scheduled for October 17, 2025 [1] Group 1 - The company will hold its sixth board meeting on October 17, 2025, to review the proposal for changing the chairman and vice chairman [1] - Deng Jianjun has been elected as the new chairman of the company [1] - The company has completed the legal registration change for its representative and has obtained a new business license [1]

证券代码：000709 股票简称：河钢股份 公告编号：2025-052 河钢股份有限公司 根据《公司章程》的规定，董事长为公司法定代表人。近日，公司完成了法 定代表人的工商登记变更手续，换领了新的《营业执照》。《营业执照》变更内 容如下： 原法定代表人：王兰玉 变更后法定代表人：邓建军 除上述事项外，公司《营业执照》其他登记事项不变。 特此公告。 河钢股份有限公司董事会 2025 年 10 月 23 日 关于变更法定代表人并完成工商变更登记的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，对公告的虚 假记载、误导性陈述或者重大遗漏负连带责任。 河钢股份有限公司于2025年10月17日召开六届三次董事会，审议通过了《关 于变更董事长、副董事长的议案》，选举邓建军为公司董事长。具体内容详见公 司2025年10月18日披露于《中国证券报》《上海证券报》《证券时报》及巨潮资 讯网（http://www.cninfo.com.cn）的《六届三次董事会决议公告》（公告编号： 2025-050）和《关于公司董事和高级管理人员变动的公告》（公告编号：2025-051）。 ...

Group 1 - The core viewpoint of the article highlights the growth in the number of enterprises in the black metal smelting and rolling processing industry in China, with a total of 6,272 enterprises reported from January to August 2025, an increase of 52 enterprises compared to the same period last year, representing a year-on-year growth of 0.84% [1] - The black metal smelting and rolling processing industry accounts for 1.2% of the total industrial enterprises in China [1] - The data presented is sourced from the National Bureau of Statistics and organized by Zhiyan Consulting, a leading industry consulting firm in China [1] Group 2 - The report referenced is titled "2026-2032 China Black Metal Mining and Selection Industry Market Panorama Survey and Investment Prospect Forecast Report" published by Zhiyan Consulting [1] - The article provides insights into the scale of the black metal industry and its potential for investment opportunities in the coming years [1] - Zhiyan Consulting has over a decade of experience in industry research, offering comprehensive industry research reports, business plans, feasibility studies, and customized services [1]

Market Overview - On October 22, the steel sector experienced a slight decline of 0.0%, with Baogang Co. leading the drop [1] - The Shanghai Composite Index closed at 3913.76, down 0.07%, while the Shenzhen Component Index closed at 12996.61, down 0.62% [1] Individual Stock Performance - Lingang Co. saw a significant increase of 9.96%, closing at 2.65, with a trading volume of 1.3588 million shares and a turnover of 348 million yuan [1] - Other notable performers included Youfa Group (+2.57%), Zhongnan Co. (+1.78%), and Jiugang Hongxing (+1.17%) [1] - Baogang Co. led the declines with a drop of 1.50%, closing at 2.63, with a trading volume of 9.0024 million shares and a turnover of 2.366 billion yuan [2] Capital Flow Analysis - The steel sector saw a net outflow of 232 million yuan from main funds, while retail investors contributed a net inflow of 333 million yuan [2] - The capital flow for individual stocks indicated that Lingang Co. had a net inflow of 84.85 million yuan from main funds, while Youfa Group experienced a net outflow of 31.99 million yuan [3] - The overall trend showed that retail investors were more active, with significant inflows into several stocks despite the outflows from institutional and speculative funds [3]

证券之星消息，10月20日普钢板块较上一交易日上涨0.72%，友发集团领涨。当日上证指数报收于 3863.89，上涨0.63%。深证成指报收于12813.21，上涨0.98%。普钢板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 601686 | 友发集团 | 6.80 | 10.03% | 58.15万 | 3.95亿 | | 600022 | 山东钢铁 | 1.63 | 1.87% | 134.05万 | 2.17亿 | | 600569 | 安阳钢铁 | 2.33 | 1.75% | 34.56万 | 8035.00万 | | 601005 | 重庆钢铁 | 1.52 | 1.33% | 124.91万 | 1.89亿 | | 600307 | 酒钢宏兴 | 1.68 | 1.20% | 40.98万 | 6862.80万 | | 000717 | 中南股份 | 2.76 | 1.10% | 23.60万 | 6491.76万 | | 000778 | 新兴铸管 | 3 ...