首钢资源2023年报

ANNUAL REPORT2023 LOCATIONS OF THE GROUP’SCOKING COAL MINES 本集團的焦煤礦所在地 Jinjiazhuang Coal Mine金家莊煤礦 公司簡介 CORPORATE PROFILE SHOUGANG FUSHAN RESOURCES GROUP LIMITED 首鋼福山資源集團有限公司 中國中西部 is one of the most sizable integrated coking coal corporations inCENTRAL-WESTERN CHINA. Taking Shanxi Province as its major investment base, it is principallyengaged inMINING OF COKING COAL, PRODUCTION AND SALESOF RAW AND CLEAN COKING COAL. 焦煤開採、原焦煤及精焦煤生產及銷售業務 The Group has three premium operating coking coal mines andthree coal preparation plants. CORPORATE INFORMATION BOARD OF DIRECTORS 董事會 Ding Rucai(Chairman)Fan Wenli(Managing Director)Chen Zhaoqiang(Deputy Managing Director)Wang Dongming(Deputy Managing Director)Chang Cun(Non-executive Director)Shi Yubao(Independent Non-executive Director)Choi Wai Yin(Independent Non-executive Director)Japhet Sebastian Law(Independent Non-executive Director)Chen Jianxiong(Independent Non-executive Director) EXECUTIVE COMMITTEE 執行委員會 Ding Rucai(Chairman)Fan WenliChen ZhaoqiangWang Dongming 審核委員會 AUDIT COMMITTEE Choi Wai Yin(Chairman)Japhet Sebastian LawChang Cun 提名委員會 NOMINATION COMMITTEE Ding Rucai(Chairman)Choi Wai YinJaphet Sebastian LawChen Jianxiong CORPORATE INFORMATION(continued) REMUNERATION COMMITTEE Japhet Sebastian Law(Chairman)Ding RucaiShi YubaoChoi Wai YinChen Jianxiong 公司秘書 COMPANY SECRETARY Wong Keith Shing Cheung 核數師 AUDITOR PricewaterhouseCoopersCertified Public Accountants and Registered PIE Auditor SHARE REGISTRAR 1617 Tricor Tengis Limited17th Floor, Far East Finance Centre16 Harcourt RoadHong Kong 註冊辦事處及主要營業地點 REGISTERED OFFICE AND PRINCIPAL PLACE OFBUSINESS 566 6th FloorBank of East Asia Harbour View Centre56 Gloucester RoadWanchaiHong Kong 股份代號 STOCK CODE 639 639 WEBSITE 網址 www.shougang-resources.com.hk MAIN OPERATIONAL STRUCTURE 於二零二三年十二月三十一日，本集團之主要業務架構如下： THE MAIN OPERATIONAL STRUCTURE OF THEGROUP AS AT 31 DECEMBER 2023 IS AS FOLLOWS: 1.EBITDA2.3. FINANCIAL HIGHLIGHTS(continued)財務摘要（續） PROFIT & LOSS SUMMARY 損益摘要 穩健財務狀況 HEALTHY FINANCIAL POSITION OPERATING MINES XINGWU COAL MINE 興無煤礦 OPERATING MINES(continued) JINJIAZHUANG COAL MINE 金家莊煤礦 •146.086.83.4 • •175 •Annual approved raw coking coal production capacity: 1.75million tonnes OPERATING MINES(continued) ZHAIYADI COAL MINE 寨崖底煤礦 •1613.95.55.0 •175 OPERATING MINES(continued) COAL CHARACTERISTICS 煤炭特徵 •Located within the Lishi-Liulin mining area of Hedongcoalfield, one of China’s key reserve areas for high-qualityhard coking coal. •Regarded as “panda coal” because of its scarcity and higheconomic value. OPERATING MINES(continued) T.JORC Note:Resources and reserves have taken into account the coal reservesof the Operating Mines prepared by John T. Boyd Company, anindependent mining and geological consultant, as of 31 December2007, in accordance with the JORC Code, after deduction of thetotal raw coking coal output for the period from 1 January 2008 to31 December 2023. CHAIRMAN’S STATEMENT Dear shareholders, On behalf of the Board of Directors, I would like to present tothe shareholders of the Company (the “Shareholder”) the annualreport of the Group for the year ended 31 December 2023 andreport to the Shareholders the performance of the Group for 2023and the outlook for 2024. In early 2023, with the gradual easing of COVID-19, therestrictions on domestic pandemic management were loosened,leading to an optimistic outlook for economic growth for the year.Nevertheless, domestic demand did not strengthen as expecteddue to the accumulated impact of deep-seated contradictionsover the three years of COVID-19, along with new challenges andissues. Particularly troubling was the resurgence of liquidity issuesamong real estate companies, further weakening the real estatemarket after a modest rebound, which significantly impacted thedomestic economy. On the supply side, coal imports surged afterthe impacts of the pandemic gradually diminished, with both totalcoal imports and coking coal imports reaching historical highs in2023. Coal prices rose briefly in the first half of the year, thendeclined. GDP5.2%V Fortunately, starting in July, the central government rolled outa series of economic support measures aimed at stabilising thefundamentals of the economy, leading to a gradual rebound.These measures were not just focused on providing short-term stimulation but were part of a long-term strategic vision,which required firm determination and greater patience. In thesecond half of the year, the macroeconomics showed signs ofrecovery, with the Gross Domestic Product (“GDP”) achieving acommendable growth rate of 5.2%. While the real estate sectorremained sluggish, the steel industry benefited from the stronggrowth in domestic manufacturing and support from exportgrowth, keeping the production levels at steel mills high. At thesame time, the safety situation in coal mine production remainedstrict. In the second half of the year, especially towards the