首钢资源2024年报

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 首鋼福山資源集團有限公司中國中西部 SHOUGANG FUSHAN RESOURCES GROUP LIMITED 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. CONTENTS目錄 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)Chen Jianxiong(Independent Non-executive Director)Li Zeping(Independent Non-executive Director) EXECUTIVE COMMITTEE 執行委員會 Ding Rucai(Chairman)Fan WenliChen ZhaoqiangWang Dongming AUDIT COMMITTEE 審核委員會 Choi Wai Yin(Chairman)Chang CunShi Yubao NOMINATION COMMITTEE 提名委員會 Ding Rucai(Chairman)Shi YubaoChoi Wai YinChen JianxiongLi Zeping CORPORATE INFORMATION(continued) 薪酬委員會 REMUNERATION COMMITTEE Shi Yubao(Chairman)Choi Wai YinChen JianxiongLi Zeping 公司秘書 COMPANY SECRETARY Kong Ling Yan 核數師 AUDITOR PricewaterhouseCoopersCertified Public Accountants and Registered PIE Auditor 股份過戶登記處 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 www.shougang-resources.com.hk MAIN OPERATIONAL STRUCTURE 於二零二四年十二月三十一日，本集團之主要業務架構如下： THE MAIN OPERATIONAL STRUCTURE OF THEGROUP AS AT 31 DECEMBER 2024 IS AS FOLLOWS: FINANCIAL HIGHLIGHTS 1.EBITDA2.3.4. 1.EBITDA is defined as profit before income tax plus finance costs, shareof loss of an associate, impairment loss on an associate, depreciationand amortisation.2.Current ratio is computed from total current assets divided by totalcurrent liabilities.3.Gearing ratio is computed from total borrowings divided by totalequity.4.Restated by adjusting the weighted average number of ordinaryshares in issues for the bonus element due to the rights issuecompleted on 13 November 2024. FINANCIAL HIGHLIGHTS(continued) PROFIT & LOSS SUMMARY 損益摘要 HEALTHY FINANCIAL POSITION 穩健財務狀況 OPERATING MINES XINGWU COAL MINE 興無煤礦 •611.64.54.5••175•120• OPERATING MINES(continued) JINJIAZHUANG COAL MINE 金家莊煤礦 •146.086.83.4 • •175 •Annualapprovedrawcokingcoalproductioncapacity:1.75million tonnes •300 OPERATING MINES(continued) ZHAIYADI COAL MINE 寨崖底煤礦 •1613.95.55.0 • •175 •210 • OPERATING MINES(continued) COAL CHARACTERISTICS 煤炭特徵 •Locatedwithin the Lishi-Liulin mining area of Hedongcoalfield, one of China’s key reserve areas for high-qualityhard coking coal. •Regardedas“pandacoal”becauseofitsscarcityandhigheconomic 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 2024. CHAIRMAN’S STATEMENT Dear shareholders, On behalf of the Board of Directors, I would like to present to youthe Group’s annual report for the year ended 31 December 2024and to report on the Group’s performance in 2024 as well as itsoutlook for 2025. In 2024, the Chinese economy experienced a phased recoveryamid complex and evolving challenges. Although export tradesaw marginal improvement, the compounded impact of structuralcontradictions and cyclical pressures continued to significantlyinfluenced economic operations. The reshaping of global supplychains, coupled with rising geopolitical tensions and trade barriers,constrained China’s export growth potential. Domestically, themanufacturing sector faced the dual pressures of technologicaliteration and production capacity optimisation during itstransformation and upgrading. Meanwhile, the prolongedadjustment in the real estate market continued to experiencebalance sheet contraction, while fluctuations in the internationalenergy market further increased the complexity of macroeconomiccontrol. The combined effect of these factors not only limited thepace of the current economic recovery but also posed profoundchallenges to achieving high-quality economic development. GDP5.0% The Chinese government has implemented a series of measurest o s t a b i l i s e g r o w t h a n d p r o m o t e h i g h - q u a l i t y e c o n o m i cdevelopment. In terms of fiscal policy, a proactive fiscal policywas adopted, optimising the government exp