Angang Steel Co., Ltd. announced that the net profit loss attributable to shareholders of listed companies in the first half of 2026 is about RMB 2,047 billion, down about 83.59% from the loss of 1,115 billion yuan in the same period of the previous year; net profit loss attributable to shareholders of listed companies after deducting non-recurring profit and loss is about RMB 2,109 billion, down about 71.32% from the loss of 1,231 million yuan in the same period last year; and basic earnings loss per share is approximately RMB 0.218 per share. Net profit loss attributable to shareholders of listed companies after adjustments for the same period last year was 1,115 billion yuan. The reason for the change in performance is that in the first half of 2026, the oversupply situation in the steel industry has not changed, steel prices continued to be sluggish, raw fuel prices such as iron ore and coking coal were running high, the scissor gap between the two ends of buying and selling continued to narrow, profit margins were further compressed, and the company's production and operation were still at a loss.

Angang Steel Co., Ltd. announced that the net profit loss attributable to shareholders of listed companies in the first half of 2026 is about RMB 2,047 billion, down about 83.59% from the loss of 1,115 billion yuan in the same period of the previous year; net profit loss attributable to shareholders of listed companies after deducting non-recurring profit and loss is about RMB 2,109 billion, down about 71.32% from the loss of 1,231 million yuan in the same period last year; and basic earnings loss per share is approximately RMB 0.218 per share. Net profit loss attributable to shareholders of listed companies after adjustments for the same period last year was 1,115 billion yuan. The reason for the change in performance is that in the first half of 2026, the oversupply situation in the steel industry has not changed, steel prices continued to be sluggish, raw fuel prices such as iron ore and coking coal were running high, the scissor gap between the two ends of buying and selling continued to narrow, profit margins were further compressed, and the company's production and operation were still at a loss.