Baosteel: Stock price has increased by 32.52% for three consecutive days.

Announcement from Bayi Iron and Steel: the company's stock trading experienced a cumulative deviation exceeding 20% in the closing prices on August 8th and August 11th, 2025. On August 12th, the stock price closed at its limit-up, resulting in a cumulative increase of 32.52% over the three consecutive trading days from August 8th to August 12th, indicating a significant short-term increase in the company's stock price. The company reminds investors to be aware of the risks in the secondary market and to make decisions cautiously and rationally. The company's production and operations are currently normal, and there have been no significant changes in the internal and external operating environment. The company expects to achieve a net profit attributable to the owner of the parent company of -6.5 billion to -7 billion yuan in the first half of 2025, showing a decrease in losses compared to the same period last year.