Recently, Sinosteel Luonai held a business analysis meeting for the first half of 2025 at the Red Education Base, comprehensively summarizing the business results of the first half of the year, deeply analyzing the industry situation, and systematically deploying key work for the second half of the year. Members of Sinosteel Luonai's leadership team, heads of various functional departments and business units, and core backbone members attended the meeting.

The meeting pointed out that in the first half of the year, facing the complex situation of intensified external market challenges, continuous deepening of industry adjustments, and internal reform breakthroughs, the company's various business units focused on market development and cost reduction and efficiency improvement, achieving phased results: the newly signed contract amount of some business sectors increased year-on-year, the main production line costs continued to optimize, and the operating performance achieved year-on-year improvement. The stabilization and recovery trend was hard won, laying a solid foundation for the development of the whole year.

The meeting clarified that in the face of a severe market environment, the company will focus on five main work lines: market expansion, technological innovation, cost reduction and efficiency improvement, reform and adjustment, and party building enhancement, and use practical measures to solve development problems.

Xiong Jian, Secretary of the Party Committee and Chairman of Sinosteel Luonai, emphasized during the deployment of work for the second half of the year that the key to enhancing value creation capability lies in the implementation and execution of work measures, specifically focusing on five aspects of work; One is to accelerate the development of new products, and each operational area should collaborate with the marketing center to promote the application of new products and strengthen market development in new fields; Secondly, we will continue to deepen cost reduction and efficiency improvement, benchmark and identify differences to clarify cost reduction targets at the production line level, and refine and implement various cost reduction measures; Thirdly, we need to accelerate reform and innovation, optimize management mechanisms, enhance production line capacity and automation rates, and steadily promote reform tasks such as relocation transition and production line integration; Fourthly, strengthen compliance management and work style construction; The fifth is to consolidate the joint force of party building and lead high-quality development with high-quality party building.

In his speech, Zuo Rui, General Manager and Deputy Secretary of the Party Committee of Sinosteel Luonai, put forward five requirements for the production and operation work in the second half of the year: firstly, to firmly establish the strategic direction and adhere to the dual track strategy of "high-end technology+consumable materials"; Secondly, the marketing center should increase its efforts to tackle the market and make every effort to grab orders; Thirdly, we need to refine cost reduction measures, enrich technical and process cost reduction methods, and ensure that cost reduction work is effectively implemented; Fourthly, we need to accelerate the transformation of achievements and accelerate the industrialization of scientific research results; Fifth, we must strictly adhere to the safety and environmental protection red line, carry out various forms of safety education and training, and increase efforts to identify and rectify hidden dangers.

The meeting emphasized that the company is currently in a critical period of transformation and upgrading. All cadres and employees should deeply understand the spirit of the meeting, unify their thinking, strengthen their confidence, and work hard to firmly anchor the annual business goals, adhere to the guidance of the "four modernizations" direction and the "four haves" management principle, focus on business development, deepen accounting management, and strive hard to achieve the annual production and operation goals!