Ansteel Group: It is expected to incur a loss of 1.144 billion yuan in the first half of 2025, a year-on-year decrease of 57.46% in losses.

Ansteel Corporation announced in the evening that it is expected to record a net loss of approximately RMB 1.144 billion attributable to shareholders of the listed company from January 1, 2025 to June 30, 2025, compared to a loss of RMB 2.689 billion in the same period of the previous year. The company adheres to the principle of reducing costs and increasing efficiency, focuses on "accounting management", strives to build "five-type enterprises", increases market development and product adjustment efforts, improves operational efficiency, explores energy potential, optimizes procurement radius, focuses on systematic cost reduction, and enhances the company's market competitiveness. In the first half of the year, the net profit attributable to shareholders of the listed company was approximately -1.144 billion yuan, a decrease of 1.545 billion yuan compared to the same period last year, representing a reduction of 57.46% in losses.