Baoshan Iron & Steel declares H1 2025 dividend, reports strong performance

Baoshan Iron & Steel Co., Ltd. will distribute a cash dividend of 0.12 yuan per share (including tax) for the first half of 2025. This distribution, based on 21,377,312,092 shares, totals 2,565,277,451.04 yuan, representing 52.58% of the consolidated net profit attributable to parent company shareholders for the period. Shares held in the company's dedicated repurchase account will not participate in this distribution.

The company's board of directors approved the profit distribution plan on August 26, 2025, noting its alignment with the company’s articles of association and previously disclosed 2024-2026 dividend plan. For H1 2025, Baoshan Iron & Steel reported a net profit of 4,879m yuan, with total operating revenue of 151,372m yuan. Operating activities generated 16,647m yuan in cash flow, an increase of 190.14% year-over-year, while the asset-liability ratio stood at 39.87%.

Other key approvals include an adjustment to the 2025 fixed asset investment scale, reducing it by 2.58bn yuan to 197.13bn yuan, and an investment of 3.085bn yuan for the first phase of the seamless steel pipe production base. These decisions underscore the company's commitment to maintaining a leading position in the domestic steel industry through innovation, operational efficiency, and a robust financial strategy.