ZNGF(SZ:000717)2025-09-04 09:36Group 1: Revenue and Market Conditions - The company's revenue decline is primarily due to weak demand recovery in downstream industries, leading to a continued drop in domestic steel prices year-on-year [2] - The overall steel industry is characterized by strong supply, weak demand, and low prices, impacting the company's sales volume and revenue [2][3] - In 2024, the company exported to Israel, with sales revenue accounting for 0.60% of the total revenue [3] Group 2: Strategic Initiatives and Future Outlook - The company has implemented operational improvement measures focusing on cost reduction and efficiency, including a strict cost management system and expense reduction initiatives [3] - Future business development will emphasize enhancing production line efficiency, energy utilization, and logistics efficiency to improve competitiveness [3] - The company aims to maintain steel as its core business while optimizing product strategies to enhance market competitiveness [3] Group 3: Management's Response to Investor Queries - Management expressed gratitude for investor interest and provided insights into the company's strategies for navigating current market challenges [2][3] - The company is committed to a strategy of "surviving and thriving," focusing on sustainable operational practices [3] - No undisclosed significant information was involved in this investor relations activity [3]