Baosteel Co., Ltd. holds 2024 & Q1 2025 briefing

Inner Mongolia Baosteel Co., Ltd. (SSE:600010) conducted its 2024 annual and first quarter 2025 performance briefing via online webcast, focusing on investor questions and company strategies. During the briefing, the company addressed its expectations for 2025, stating that it will adhere to market-oriented principles, maintain a market-aware mindset, and strengthen analysis and control of the entire operation process, with a focus on "one profit and five rates." Regarding industry trends of "reduced development and optimized stock," Baosteel indicated it is adjusting its product structure towards "high-quality boutique steel + series of rare earth steel" to meet market demands, and is promoting application of rare earth steel products in key areas. Baosteel is also actively adapting to new productivity requirements, accelerating industrial layout optimization, and upgrading towards high-end, intelligent, and green transformation. Zhang Zhao, Chairman of the Company, Independent Director Wen Shouxun, Director and Company Secretary, and CFO Liu Mi attended the briefing.