HESTEEL(SZ:000709)2022-12-08 09:18Group 1: Company Operations - The reason for the mining assets not being included in the listed company is due to continuous decline in mineral prices and the listed company's stock price being below net asset value [1] - The company's total mineral production in 2013 was approximately 7 million tons [2] - The current proportion of imported ore is between 60-70% [2] Group 2: Environmental Impact - Under environmental pressure, high-pollution industries face either rising costs or potential elimination; some companies that fail to invest in new environmental measures will be eliminated, while others that meet standards may benefit from economies of scale [2] - The company has made early investments in environmental protection, leading to a relatively large scale in waste utilization and creating new profit points through circular economy practices [2] Group 3: Acquisition and Production - The acquisition of Degao was completed at the group level, but there are currently no specific export plans [3] - The impact of APCE on the company has not been significant, and production has largely returned to pre-meeting levels [3]