Liuzhou Iron & Steel revises investment plan, reports Q3 profit reversal

Liuzhou Iron & Steel Co., Ltd. announced a revision to its 2025 project implementation plan, adjusting the total investment from 4.141 billion yuan to 3.935 billion yuan. This includes a reduction in previously planned capital outlay to 3.838 billion yuan and the addition of 50 new projects totaling 780 million yuan, with 97 million yuan expected to be invested in 2025 for safety, production, and environmental initiatives. The board of directors approved this adjustment on October 29, 2025.

Concurrently, the company released its business performance for the first three quarters of 2025, showing a profit reversal compared to the previous year. Key financial metrics improved due to decreasing raw material costs, which alleviated procurement pressure and expanded profit margins. Enhanced internal management and optimized operational efficiencies further contributed to this positive turnaround.

A fourth interim shareholders' meeting is scheduled for November 18, 2025, to approve several proposals, including the 2025 third-quarter report and the revised project implementation plan. Shareholders will vote both in person and online. Additionally, a Q3 2025 performance briefing will be held on November 26, 2025, to discuss financial results and strategic outlook with investors.