Summary of the Conference Call on the Steel Structure Industry Company and Industry Overview - The conference call focuses on the steel structure industry, specifically discussing the performance and strategies of Honglu Company in the current market environment [1][2]. Key Points and Arguments Order Volume and Production - Honglu Company has adjusted its order strategy, resulting in an increase in overall order volume. The total order volume from April to July is approximately 1.8 million tons, with July's order volume around 400,000 tons, showing slight year-on-year growth but a decrease compared to the previous two months due to weather impacts [1][6]. - The company expects total orders for the year to be between 5 million to 5.5 million tons, representing a 10% to 15% increase from last year's total of approximately 4.5 million tons [1][8][9]. - In Q2, the order volume reached over 1.4 million tons, with production around 1.3 million tons, averaging 450,000 tons per month, compared to 1.19 million tons in Q2 of the previous year [1][8]. Order Composition - The proportion of large orders has decreased to about 20%, while small orders have increased to over 20%. Medium orders remain stable at around 60% [1][11][12]. Robotics and Automation - Honglu Company is transitioning its robot application model from line-specific configurations to centralized management, establishing dedicated teams for better efficiency. Welding robots can replace 2-3 welders, saving 60%-70% in labor costs, with a payback period of approximately 1.5 to 2 years [1][13][14]. - The company plans to install 6,000 robots but expects to complete around 3,000 by year-end due to various delays [1][20]. Market Conditions and Pricing - The steel structure industry is experiencing marginal demand contraction, but Honglu's order situation remains strong, with orders exceeding capacity and year-on-year increases [2][3]. - Steel price increases have influenced order pricing, with about 70% of order prices linked to steel prices. However, Honglu has agreements with steel mills to secure lower-cost raw materials, mitigating immediate price fluctuations [3][25]. Competitive Landscape - The anti-involution policy is beneficial for Honglu, alleviating competitive pressure in the industry. The company is leveraging its scale, cost, efficiency, and quality advantages to increase market share [3][27]. Additional Important Insights - The company is developing non-teaching performance robots to handle more non-standard components, aiming to increase the proportion of non-standard parts that can be processed by robots from 10%-20% to 30%-40% [1][15]. - Despite the introduction of automation, skilled welders remain essential, and the company integrates experienced welders into critical production lines [1][22][24]. - The company is also exploring the development of assembly robots for tasks like drilling and assembly, although these are still in the research phase [1][18]. This summary encapsulates the key insights from the conference call, highlighting Honglu Company's strategies, market conditions, and future directions in the steel structure industry.

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个别及连带责任。 重要内容提示： ●被担保人：森特士兴集团股份有限公司（以下简称"公司"）的全资及控股子公司。 ●提供担保金额：近期公司及全资、控股子公司间发生新增担保金额合计人民币3,487.80万元，其中公 司为全资子公司及控股公司合计提供了3,211.16万元担保，全资子公司为母公司提供了276.64万元担 保。 截至2025年7月31日，公司及子公司间累计提供担保金额为5.10亿元，占公司最近一期经审计归母净资 产18.49%。其中：公司为合并报表范围内全资及控股子公司提供担保金额为0.85亿元，全资子公司对公 司提供担保金额为4.25亿元，以上担保均属于公司及全资/控股子公司间担保范围，不涉及对外担保范 畴。 ●是否有反担保：否 ●对外担保逾期的累计数量：0 ●风险提示：本次新增担保包括担保对象最近一期资产负债率超过70%的情形，敬请投资者注意相关风 险。 一、担保进展情况 （一）提供担保情况 1、公司为全资子公司隆基森特新能源有限公司、兰州士兴钢结构有限公司的日常经营业务开立银行 ...

一、可转换公司债券基本情况 经中国证券监督管理委员会《关于核准长江精工钢结构（集团）股份有限公司公开发行可转换公司债券 的批复》（证监许可〔2021〕4153号）核准，本公司于2022年4月22日公开发行了2,000万张可转换公司 债券，每张面值人民币100元，发行总额为人民币20亿元，期限6年。票面利率为：第一年0.3%、第二 年0.5%、第三年1.0%、第四年1.5%、第五年1.8%、第六年2.0%，转股期限为自2022年10月28日至2028 年4月21日止。 经上海证券交易所自律监管决定书〔2021〕141号文同意，公司本次发行的20亿元可转换公司债券于 2022年5月23日起在上海证券交易所上市交易，债券简称"精工转债"，债券代码"110086"。 根据《精工钢构公开发行可转换公司债券募集说明书》（以下简称"《募集说明书》"）的约定和相关法 律法规要求，"精工转债"自2022年10月28日起可转换为本公司股份。"精工转债"的初始转股价格为5.00 元/股，因公司实施2021年度权益分派，自2022年6月16日起，转股价格调整为4.96元/股；因公司实施 2022年度权益分派，自2023年6月13日起 ...

股票简称：精工钢构 股票代码：600496 编号：临2025-091 登录新浪财经APP 搜索【信披】查看更多考评等级 转债简称：精工转债 转债代码：110086 长江精工钢结构（集团）股份有限公司 关于"精工转债"预计触发转股价格修正条件的提示性公告 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个别及连带责任。 重要内容提示： ● 自2025年7月18日起至2025年7月31日收盘，长江精工钢结构（集团）股份有限公司（以下简称"公 司"、"精工钢构"）股票已有10个交易日收盘价低于当期转股价格的80%（即3.83元/股），预计触发转 股价格向下修正条件。若触发条件，公司将于触发条件当日召开董事会审议决定是否修正转股价格并及 时履行信息披露义务。敬请广大投资者注意投资风险。 一、可转换公司债券基本情况 经中国证券监督管理委员会《关于核准长江精工钢结构（集团）股份有限公司公开发行可转换公司债券 的批复》（证监许可〔2021〕4153号）核准，本公司于2022年4月22日公开发行了2,000万张可转换公司 债券，每张面值人民币100元，发 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：002135 证券简称：东南网架 公告编号：2025-057 债券代码：127103 债券简称：东南转债 浙江东南网架股份有限公司 关于为子公司提供担保的进展公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗 漏。 一、担保概述 （一）本次担保基本情况 浙江东南网架股份有限公司（以下简称"公司"）因全资子公司成都东南钢结构有限公司（以下简称"成 都东南"）生产经营发展需要，近日与上海浦东发展银行股份有限公司成都分行（以下简称"浦发银行成 都分行"）签署了《最高额保证合同》，同意为全资子公司成都东南与债权人浦发银行成都分行办理各 类融资业务所发生的债权债务提供保证担保，本次保证担保的主债权本金余额最高不超过人民币7,000 万元整。 （二）本次担保事项履行的内部决策程序 1、公司于2025年1月20日召开第八届董事会第十九次会议、2025年2月10日召开的2025年第一次临时股 东大会审议通过了《关于公司2025年度对外担保额度预计的议案》，同意公司为合并报表范围内子 （孙）公司提供总额不超过805,000 ...

国浩律师（上海）事务所 关于 长江精工钢结构（集团）股份有限公司 之 法律意见书 上海市静安区山西北路 99 号苏河湾中心 MT25-28 楼 邮编： 200085 电话/Tel: (+86)(21) 5234 1668 传真/Fax: (+86)(21) 5234 1670 网址/Website: http://www.grandall.com.cn 二〇二五年七月 国浩律师（上海）事务所 法律意见书 国浩律师（上海）事务所 法律意见书 律师应当声明的事项 本所律师依据本法律意见书出具之日以前已发生或存在的事实和我国现行 法律、法规和中国证监会的有关规定发表法律意见，并声明如下： （一）本所律师是依据《公司法》《证券法》等相关法律、法规及规范性文 件的规定及本法律意见书出具之日以前已发生或存在的相关事实，就公司本次召 开股东大会相关事宜发表法律意见。 国浩律师（上海）事务所 关于长江精工钢结构（集团）股份有限公司 之 法律意见书 致：长江精工钢结构（集团）股份有限公司 作为具有从事中国法律业务资格的律师事务所，国浩律师（上海）事务所（以 下简称"本所"）接受长江精工钢结构（集团）股份有限公司（以下简称"公司 ...

（文章来源：证券日报） 证券日报网讯 7月29日晚间，精工钢构发布公告称，公司2025年第二次临时股东大会审议通过了《关于 取消公司监事会、变更经营范围暨修订的议案》等多项议案。 ...

Summary of Conference Call on the Construction Industry Industry Overview - The construction industry has initiated an anti-involution campaign, with responses from state-owned enterprises (SOEs), national enterprises, and private enterprises aimed at avoiding unfair competition such as bid-rigging and lowest-bid wins, which is expected to improve the industry ecosystem [1][2] - Major infrastructure projects like the Yalong River Hydropower Station, with an investment scale of 1.2 trillion yuan, are anticipated to become new growth points for infrastructure demand, alongside projects like the Zhejiang-Jiangxi-Guangdong Canal and the Pinglu Canal [1][3] Core Insights and Arguments - The construction industry is currently at the bottom of the chip, stock price, and supply-demand structure, with a strong push for steel structure buildings expected to increase penetration rates, shifting market expectations from pessimistic to optimistic [1][3] - Historical data indicates that supply-side contraction can lead to economic improvement, and reducing vicious competition can enhance corporate profit levels; policy support and improved market conditions are crucial for the sustainable development of the construction industry [1][4][5] - The construction industry does not have fixed capacity, allowing for flexible adjustments based on demand changes, which differentiates it from other cyclical industries like cement and steel [7] Investment Recommendations - Focus on Honglu Steel Structure, which is expected to benefit from rising steel prices, leading to a dual boost in valuation and performance; it has greater earnings elasticity compared to traditional SOEs [1][6] - Attention should also be given to undervalued SOEs such as China Power Construction and China Energy Construction, which may see valuation recovery as competition improves [9] - Other recommended stocks include high-dividend SOEs like China State Construction and Sichuan Road & Bridge, which are expected to improve operational quality [9] Marginal Changes and Policy Catalysts - The construction industry is experiencing its first revenue decline in 2024 due to severe internal competition, with leading firms reporting economic profits of only 1-2% [2] - The anti-involution measures, including avoiding bid-rigging and illegal subcontracting, are expected to bring about significant industry changes [2] Future Development Conditions - The sustainable development of the construction industry relies on continued policy support and market environment improvements, including the promotion of large-scale infrastructure projects [5] - Reducing vicious competition and enhancing corporate profitability are essential for future growth [5] Potential Risks and Opportunities - The steel structure industry may see similar opportunities as the steel sector experiences price increases due to potential joint production cuts and rising demand expectations [8] - Companies like Zhongcai International and Zhonggong International, which serve downstream cement and steel plants, may face short-term challenges due to reduced capital expenditures but could benefit from improved cash flow conditions in the long run [9]

王峰在进行焊接作业。 绝活看点 扎根钢结构行业一线20多年，王峰获得60多项国家专利，参与研发的技术装备曾获湖北省科技进步二等 奖。近年来，他开始钻研焊接机器人操作、维护工作，擅长研发各类工具，保障生产效率与安全。2025 年，获评全国劳动模范。 湖北团风经济开发区，湖北鸿路钢结构有限公司生产车间内，数百台焊接机器人手臂挥舞，焊花跃动， 各种规格的钢结构件顺利完成焊接。53岁的操作工王峰站在一台檩托板焊接机器人前，只见他手持遥控 器，根据檩托板的尺寸，调节机械臂的运行轨道、电流、电压等参数。随后，他将檩托板往夹具上一 靠，大力钳一夹，启动按钮一按，机器人便开始自动作业。 这个工装夹具看起来结构很简单，操作机器人时却能派上大用场。"钢结构建筑生产中，檩托板构件用 量大，但传统焊接方式依靠工人手动扶正立板，不仅劳动强度大，还存在安全隐患。"王峰说，他和同 事利用车间生产的边角板料，加工出结构设计简单的工装夹具，能快速夹持和装卸工件，并适用于多种 不同厚度的檩托板焊接操作，操作人员还可以远离焊接设备，更好地保障生产安全。 扎根钢结构行业一线20多年，王峰在智能焊接、环保工艺等领域获得60多项国家专利。2020年，他 ...

Core Viewpoint - Changjiang Jinggong Steel Structure (Group) Co., Ltd. is holding its second extraordinary general meeting of shareholders in 2025 to discuss significant governance changes, including the cancellation of the supervisory board and amendments to the company's articles of association. Group 1: Meeting Details - The meeting is scheduled for July 29, 2025, at 14:00 in Shanghai [1] - Shareholders can participate through both on-site and online voting systems, with specific time slots for voting [1][2] Group 2: Governance Changes - The company plans to cancel the supervisory board, transferring its responsibilities to the audit committee of the board of directors, which aims to enhance governance efficiency [4] - The cancellation of the supervisory board will not affect the internal supervision mechanisms [4] Group 3: Business Scope Changes - The company intends to modify its business scope to include surveying services, construction engineering design, and project management, among others [4][5] - The previous scope included international bidding for steel structure projects and related services [4] Group 4: Articles of Association Amendments - Amendments to the articles of association will align with the new governance structure and business scope [5][6] - Key changes include the definition of the legal representative and the responsibilities of the board of directors [6][7] Group 5: Voting and Shareholder Rights - Shareholders have the right to vote based on their shareholdings, with each share granting one vote [3] - The voting process will be conducted through a combination of on-site and online methods, ensuring transparency and efficiency [3][2] Group 6: Legal Compliance - The company will ensure compliance with relevant laws and regulations during the meeting and in the execution of the proposed changes [2][4] - Legal opinions will be provided by a law firm to validate the proceedings of the meeting [3]