Shandong Iron and Steel: Turn losses into profits by 2025, promote various measures to enhance value.

Shandong Iron and Steel announced that in 2025, the company is expected to achieve a net profit of about 571 million yuan, a net profit attributable to shareholders of about 100 million yuan, an increase of about 29.91 billion yuan compared to the previous year, turning losses into profits. The company is advancing the "1+6+N" system reform to improve operational efficiency and product management capabilities. In terms of technological innovation, multiple new projects have been added, including the launch of the "AI + Steel" project. The company has received multiple honors in governance and completed the reform of the supervisory board. In 2025, the company will repurchase 57.33 million shares, accounting for 0.5359% of the total shares, with a repurchase amount of 79.98 million yuan; the major shareholders will increase their holdings by 10.72 million shares, accounting for 0.1002% of the total shares, with an increase amount of 14.09 million yuan. In October, the company acquired 100% equity of Yinshan Steel, and completed the delivery in November.