Core Viewpoint - Chongqing Steel's stock price has shown a positive trend with an increase of 8.33% year-to-date, reflecting investor interest and market activity [1][2]. Group 1: Stock Performance - As of November 5, Chongqing Steel's stock rose by 2.63%, trading at 1.56 CNY per share with a total market capitalization of 13.809 billion CNY [1]. - The stock has seen a trading volume of 257 million CNY, with a turnover rate of 2.01% [1]. - Year-to-date, the stock has increased by 8.33%, with a 2.63% rise in the last five trading days, 5.41% in the last 20 days, and 0.65% in the last 60 days [1]. Group 2: Financial Performance - For the period from January to September 2025, Chongqing Steel reported operating revenue of 19.091 billion CNY, a year-on-year decrease of 7.32% [2]. - The company recorded a net profit attributable to shareholders of -218 million CNY, which represents a year-on-year increase of 83.82% [2]. Group 3: Shareholder Information - As of September 30, the number of shareholders for Chongqing Steel reached 180,800, an increase of 3.27% from the previous period [2]. - The average circulating shares per shareholder remained at 0 shares, unchanged from the previous period [2]. Group 4: Business Overview - Chongqing Steel, established on August 11, 1997, and listed on February 28, 2007, primarily engages in the production and sale of hot-rolled thin plates, medium and thick plates, rebar, wire rods, steel billets, and by-products of steel and coking chemical products [1]. - The revenue composition of the main business includes hot-rolled sheets (62.03%), plates (30.41%), others (6.65%), and steel billets (0.91%) [1]. Group 5: Dividend Information - Since its A-share listing, Chongqing Steel has distributed a total of 520 million CNY in dividends, with no dividends paid in the last three years [3].

Core Viewpoint - Shandong Steel announced the acquisition of 100% equity in Yinshan Steel Co., Ltd. from Laiwu Steel Group for a transaction price of 714 million yuan, which will make Yinshan Steel a wholly-owned subsidiary of the company [1] Group 1: Acquisition Details - The transaction price for the acquisition is 714 million yuan [1] - After the completion of the transaction, Yinshan Steel will operate as a wholly-owned subsidiary of Shandong Steel [1] Group 2: Business Operations - Yinshan Steel's main business includes the production and sales of plate and strip steel, pig iron, steel billets, and steel by-products [1] - The company also engages in power supply, technical cooperation, and the sales of iron ore, pellets, sintered ore, and steel raw materials [1]

香 港 交 易 及 結 算 所 有 限 公 司 及 香 港 聯 合 交 易 所 有 限 公 司 對 本 公 告 的 內 容 概 不 負 責 ， 對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明 ， 並 明 確 表 示，概不 對 因 本 公 告 全 部 或 任 何 部 分 內 容 而 產 生 或 因 倚 賴 該 等 內 容 而 引 致 的 任 何 損 失 承 擔 任 何 責 任。 海外監管公告 本公告乃根據《香港聯合交易所有限公司證券上市規則》第 13.10B 條作出。 茲載列重慶鋼鐵股份有限公司（「本公司」）於 2 0 2 5 年 8 月 2 8 日在上海 證券報及上海證券交易所網頁（www.ss e . c om. c n）（股票代碼：60 1 0 0 5） 及上海證券報刊載之《2 0 2 5 年半年度報告》。 承 董 事 會 命 重 慶 鋼 鐵 股 份 有 限 公 司 匡 雲 龍 董 事 會 秘 書 中國重慶，2025 年 8 月 27 日 於 本 公 告 日 期 ， 本 公 司 的 董 事 為 ： 王 虎 祥 先 生 （ 執 行 董 事 ） 、 孟 文 旺 先 生 （ 執 行 董 事 ...

Core Viewpoint - The report indicates a significant decline in revenue and net profit for Chongqing Iron and Steel Co., Ltd. in the first half of 2025, attributed to a focus on cost reduction and efficiency improvement amidst challenging market conditions [2][3]. Company Overview and Financial Indicators - The company reported a total revenue of approximately 13.09 billion RMB, a decrease of 13.26% compared to the same period last year [2][3]. - The total profit for the period was a loss of approximately 129.92 million RMB, an improvement from a loss of 812.92 million RMB in the previous year [2][3]. - The net profit attributable to shareholders was approximately -131.02 million RMB, compared to -689.21 million RMB in the previous year [2][3]. - The company's total assets increased slightly to approximately 35.51 billion RMB, up 0.10% from the previous year [2][3]. Industry and Main Business Situation - The steel industry experienced a decline in crude steel production by 3% year-on-year, while steel product output increased [3][4]. - The average price of imported iron ore decreased by 17.7% year-on-year, impacting the overall cost structure of steel production [3][4]. - The average steel price index in China fell by 13.35% year-on-year, reflecting a challenging pricing environment for steel products [3][4]. Operational Performance Analysis - The company focused on cost reduction and efficiency improvements, achieving a reduction in iron water costs by 490 RMB per ton compared to 2024 [4][5]. - The company reported a 7% increase in cash flow from operating activities, totaling approximately 880.44 million RMB [2][3]. - The company implemented quality management initiatives, resulting in a 40% reduction in quality losses compared to 2024 [4][5]. Future Outlook - The company plans to enhance efficiency across various operational aspects, including resource allocation and inventory management, to mitigate risks associated with the long-term downturn in the steel industry [4][5].