证券日报网讯1月12日，本钢板材（000761）在互动平台回答投资者提问时表示，公司基本建成了以汽 车钢为主的精品钢材基地，形成了60多个品种、7500多个规格的产品系列，汽车表面板、家电板、石油 管线钢、集装箱板、船板等主导产品，被广泛应用于汽车、家电、航空航天、机械制造、能源交通、金 属制品等领域。公司将坚持市场导向，进一步开发下游客户群拓展销售渠道，紧盯有市场前景的产品， 形成营销牵引、研发配合、生产支撑的一体化协同。 ...

Core Viewpoint - The credit rating of Benxi Steel Plate Co., Ltd. remains stable at AA+/Stable, with the "Benxi Convertible Bond" rated AAA, reflecting the company's market position, product structure, and financing capabilities despite challenges in the steel industry [1][2]. Company Overview - Benxi Steel Plate is a major steel producer in Liaoning Province, with a strong market position and a favorable product structure [6][10]. - The company has a significant production capacity, with annual capacities of 10.51 million tons for pig iron, 13.35 million tons for crude steel, and 24.28 million tons for steel products [8][10]. Financial Performance - The total assets of the company increased from 444.60 billion yuan in 2022 to 465.18 billion yuan in 2023, but decreased to 458.16 billion yuan in 2024 [1][2]. - The company reported a net loss of 16.48 billion yuan in 2023 and 49.60 billion yuan in 2024, indicating a significant decline in profitability [2][15]. - The debt level rose significantly, with total liabilities increasing from 250.86 billion yuan in 2022 to 333.17 billion yuan in 2024 [1][2]. Industry Context - The steel industry is facing downward pressure due to weak demand and falling steel prices, which have led to increased losses for companies like Benxi Steel Plate [4][5]. - The company is planning a major asset swap that may significantly change its business scope and operational focus, which requires close monitoring [7][6]. Operational Insights - The company has a strong supply chain for raw materials, primarily sourcing iron ore and coal from both domestic and international suppliers, ensuring stable production costs [11][12]. - The production facilities are advanced, with ongoing investments in energy efficiency and environmental upgrades, although these require significant capital expenditures [10][16]. Future Outlook - The credit rating agency expects the company's credit level to remain stable over the next 12 to 18 months, but highlights potential risks from market fluctuations and operational changes [1][3]. - The company is focusing on high-value products and expanding its market presence, including overseas markets, to mitigate domestic demand challenges [10][11].