BSP(SZ:000761)2022-11-14 08:25Group 1: Company Overview - The main business activities include steel smelting, processing, power generation, coal chemical industry, special steel profiles, railway, import and export trade, research, and product sales [3] - The company has established a premium steel base with over 60 varieties and more than 7,500 specifications, with high value-added and high-tech products accounting for over 80% [3] Group 2: Financial Performance and Dividends - In 2021, the company had a significant dividend payout, and it plans to maintain the dividend ratio based on actual operating conditions in 2022 [3] - The company's sales from exports account for approximately 10% of total revenue, and the impact of export declines is considered manageable [3] Group 3: Market and Competition - The company is addressing the issue of competition with Ansteel Group, committing to resolve it within five years through asset restructuring and business adjustments [2] - The pricing of iron ore is based on the Platts 65% index average, with adjustments made monthly [2] Group 4: Investor Relations and Stock Performance - The company is focused on enhancing shareholder rights and governance capabilities, with no current plans for stock buybacks despite low stock prices [3] - The company is actively expanding sales channels to cope with market challenges, particularly in light of fluctuating demand [3] Group 5: Raw Material Prices - Coking coal prices have been rising due to various factors, but the market is expected to stabilize as supply and demand balance out [3]