[年报]本钢板Ｂ(200761):2022年年度报告（英文版）
原标题:本钢板Ｂ:2022年年度报告（英文版） AnnualReport2022 【DisclosureTime】 2022AnnualReport SECTIONI.IMPORTANTNOTICE,TABLEOFCONTENTS,ANDDEFINITIONS TheBoardofDirectors,theSupervisoryCommitteeandtheDirectors,membersoftheSupervisoryCommitteeandseniormanagementoftheCompanyguaranteethattherearenomisrepresentationsormisleadingstatements,ormaterialomissionsinthisreport,andindividuallyandcollectivelyacceptfullresponsibilityfortheauthenticity,accuracyandintegrityoftheinformationcontainedinthisreport.LiYan, thepersoninchargeof theCompany,Zheng Zhengli, thepersoninchargeof accountingwork,andSunYanbin,thepersoninchargeoftheaccountingdepartment(accountingofficerincharge),have pledged the authenticity, accuracy and integrity of the attached financial statements. All themembersoftheBoardofDirectorsattendedtheboardmeetingonwhichthisreportwasexamined.The prospective statements contained in this annual report do not constituteany substantialcommitment to the investors. Investors should pay attention to the risks attached to investmentdecisions. This report is prepared in both of Chinese and English. The Chinese version shall prevail whenthereareanycontroversialstatementsinthetwoversions. TheCompanyhasdescribedtherisksandcountermeasuresindetailinthisreport,pleasereferto Section III. XI "Risks to the Company and countermeasures". China Securities Journal, SecuritiesTimes, the website of Shenzhen Stock Exchange and Cninfo Website are the media selected by theCompanyforinformationdisclosure.AllinformationoftheCompanyshallbebasedontheinformationpublishedintheabovedesignatedmedia,andinvestorsareadvisedtopayattentiontotheinvestmentrisks. TheCompanyplansnottopaycashdividends,nottosendbonusshares,andnottoincreaseitssharecapitalbytransferringitspublicreserves. TableofContents SectionI.IMPORTANTNOTICE,TABLEOFCONTENTS,ANDDEFINITIONS.............................. 错误！未定义书签。 SectionII.COMPANYPROFILEANDMAINFINANCIALINDEX................................................ 错误！ 未定义书签。 SectionIII.MANAGEMENTDISCUSSIONANDANALYSIS........................................................错误！ 未定义书签。 SectionIV.CORPORATEGOVERNANCE.................................................................................错误！ 未定义书签。 SectionV.ENVIRONMENTALANDSOCIALRESPONSIBILITY...................................................60SectionVI.IMPORTANTEVENTS...........................................................................................66 SectionVII.STATUSOFSHARECAPITALCHANGESANDSHAREHOLDERS...............................90SectionVIII.STATUSOFPREFERREDSHARES.........................................................................98 SectionIX.STATUSOFCONVERTIBLECORPORATEBONDS....................................................99SectionX.FINANCIALREPORT..............................................................................................错误！ 未定义书签。 ReferenceFileDirectory 1.FinancialstatementscontainingthesignaturesandsealsofthepersoninchargeoftheCompany,thepersoninchargeof accountingworkandthepersoninchargeoftheaccountinginstitution;2. The original audit report containing the seal ofthe accounting firm and the signature and seal of the certified public accountant. 3. The original copies of all Company documents and announcements that have been publicly disclosed during the reportingperiod; 4.Annualreportspublishedinothersecuritiesmarkets. Definition
I. Companyinformation
AccountingfirmengagedbytheCompany
□Applicable?Notapplicable VI. Mainaccountingdataandfinancialindex WhethertheCompanyisrequiredtoretroactivelyadjustorrestateprioryears'accountingdata□Yes?No
fiscalyearsisnegative,andtheauditreportofthemostrecentyearshowsthatthecompany’sabilitytocontinueoperationsis uncertain. □Yes?No Thelowerofthenetprofitbeforeandafterdeductingnon-recurringgainsandlossesisnegative□Yes?No VII. Differencesinaccountingdataunderdomesticandforeignaccountingstandards1. Differences betweennetprofit andnetassets disclosedin financial reportspreparedunderIFRS andChineseaccountingstandards. □Applicable?Notapplicable There are no differences between net profit and net assets disclosed in financial reports prepared under IFRS and Chinese accountingstandardsduringthereportingperiod. 2. Differences in net profit and net assets between financial reports disclosed simultaneously inaccordancewithforeignaccountingstandardsandinaccordancewithChineseaccountingstandards□Applicable?Notapplicable TherearenodifferencesbetweenthenetprofitandnetassetsoftheCompanyinthefinancialreportsdisclosedinaccordance withforeignaccountingstandardsandinaccordancewithChineseaccountingstandardsinthereportingperiod.VIII.Mainfinancialindexbyquarter Unit:RMB
IX. Non-recurringgainorlossitemsandamounts ?Applicable□Notapplicable Unit:RMB
? Descriptionof"otherprofitandlossitemsthatmeetthedefinitionofnon-recurringprofitorloss"and items that are defined as non-recurring profit or loss according to the nature andcharacteristicsoftheCompany'snormalbusinessoperations
ofInformationbyCompaniesIssuingPublicSecurities-Non-recurringProfitorLossasrecurringitemsofprofitorloss □Applicable?Notapplicable TheCompanydoesnothaveanynon-recurringitemsofprofitorlosslistedinExplanatoryAnnouncementNo.1onDisclosureof InformationbyCompaniesIssuingPublicSecurities-Non-recurringProfitorLossthataredefinedasitemsofrecurringprofitor SECTIONIII.MANAGEMENTDISCUSSIONANDANALYSIS I. Industrysituationofthecompanyduringthereportingperiod The Company belongs to the steel industry, which is an important basic industry of China's national economy, an important supportforbuildingamodernandpowerfulcountry,andanimportantareaforachievinggreenandlow-carbondevelopment. In2022,thesteelindustryoperatingenvironmentismorechallenging,downstreamdemandislessthanexpected,energyprices arefirm,steelpriceshavefallen,theindustry'seconomicbenefitshavedeclined,theglobalsteelmarketisinthedoldrums,and the benefits of steel companies have fallen year on year. First, steel production fell year-on-year and consumption intensity weakened.AccordingtotheNationalBureauofStatistics,thenationalpigironandcrudesteelproductionin2022was863.83 million tonsand 10,133billiontons, decreasing by0.8%and 2.1%year-on-year,respectively. Second, steel importandexport volumeroseandfell,accordingtotheGeneralAdministrationofCustomsdata,thecountry'scumulativeexportsofsteelwere 67.32milliontons,anincreaseof0.9%year-on-year.Cumulativesteelimportsof10.57milliontons,adecreaseof25.9%.Third, steelpricesroseslightlyattheendoftheyear,accordingtotheChinaIronandSteelIndustryAssociationmonitoring,theChina Steel Composite Price Index was 113.25 points at the end of December, up 4.32 points, or 4.0%. Fourth, fuel costs rose significantly,andthecumulativeimportoforeremainedfalling.AccordingtodatafromtheGeneralAdministrationofCustoms, thenationalimportofironoreanditsconcentratesamountedto1.10686billiontons,adecreaseof1.5%year-on-year. 2023isthebeginningoftheyeartofullyimplementthespiritofthe20thPartyCongress,whichisalsotheimplementationof the"14thFive-YearPlan"tocarryontheimportantyear,China'seconomyintheexpansionofdomestic demandstabilization policy will gradually return to the normal growth track. At the same time, at a time when uncertainty was the norm, large fluctuations in steel prices and dynamic changes in the market environment and production conditions have significantly increased the complexity of business decisions, putting higher requirements on the Company's operational planning and decision-making capabilities. With the domestic optimization of the epidemic prevention and control policy, the domestic marketisexpectedtoimprove,steelpricescontinuetorise,andthedomesticmarketforsteelisexpectedtoimprove.Atthe sametime,duetotheriseindomesticsteelpricesandthesharpappreciationoftheRMB,China'sexportoffersishigher,the priceadvantagehasdeclined,andshort-termsteelexportswillbeunderpressure.Inaddition,China'ssteelindustryisstillfacing the"double"constraintsofpromotingcapacityreductionandreplacement,aswellaslow-carbondevelopmentandincreased energyefficiency.Thecountryhasputforththegoalofstrivingtoachieveacarbonpeakby2030andcarbonneutralityby2060, whichhasputforwardnewrequirementsforthedevelopmentofthesteelindustryandstimulatednewmomentumforthehigh- qualitydevelopmentofthesteelindustry. II. MainbusinessoftheCompanyduringthereportingperiod 1. Mainbusiness,mainproductsandtheiruses During the reporting period, the company’s main businesses include iron and steel smelting, rolling processing, power generation,coalchemicalindustry,specialsteelprofiles,railways,importandexporttrade,scientificresearch,productsales,etc. Theintroductionofstate-of-the-artequipmentandtechnologytoimplementequipmentupgradesforthemainironandsteel industryandhavebuiltahigh-qualitysteelbase,formedmorethan60varieties,morethan7,500specificationsofproductseries, theproportionofhighvalue-addedandhigh-techproductsreachedmorethan80%.Theleadingproductsforautomotivesurface panels, home appliance panels, petroleum pipeline steel, container panels, shipboard, etc. are widely used in the fields of automobiles, home appliances, petrochemicals, aerospace, machinery manufacturing, energy and transportation, building decorationandmetalproducts,andareexportedtomorethan60countriesandregions.2. Businessmodel Procurement mode: The Company's procurement mode includes domestic procurement and foreign procurement. Domestic material procurementis carried outthrough centralizedprocurement, unifiedbidding, price comparisonand negotiation.The procurementofforeignmaterialsiscarriedoutthroughthemodesoflong-associationprocurement,directprocurement,open and invited bidding, inquiry and comparison, competitive negotiation and negotiation procurement, which are mainly representedbyBenxiIron&Steel(Group)InternationalEconomicandTradingCo.,Ltd.Sales model: The Company's sales are divided into domestic sales and foreign sales, domestic sales are mainly based on agreementaccountsales,saleschannelsarebasedondirectsupply,circulationandengineering,organizingcontractordersin advance by month, and organizing required production according to contract orders. According to different regions, different channels, different industry characteristics, the implementation offutures mode, one plant and one policy, index pricing and otherpricepolicysalesmethod;exportsalesmainlyusetheBenxiIron&Steel(Group)InternationalEconomicandTradingCo., Ltd.overtheyearsintheinternationaltradeaccumulatedstrongmarketingnetwork,theCompany'sproductsexportedbyits agent,andpayBenxiIron&Steel(Group)InternationalEconomicandTradingCo.,Ltd.agencyfees.3. Mainperformancedrivers TheCompanyhasseizedafavorableopportunityduringAnben’srestructuring,carriedoutthethree-yearactionofstate-owned enterprisereformandthreesystematicreforms,closelyfocusedonAnsteel's"7531"strategicgoalandBengangGroup's"1357" workingguidelines,experiencedthetransformationofdeepeningreform,therefinementofmarketdeclineandthechallengeof epidemic prevention and control, continuously deepened the potential and improved against the standard, and gathered the powerful energy of all cadres and workers to "lead the new Ansteel, support the new Ansteel", and fully promoted the implementationof"1+2+3"importantwork.Establishamanagementandcontrolmodelbased oncomprehensivebudgetand plannedvaluemanagement,centeredonefficiency,withsalesastheleader,financeasthecore,benchmarkingasthegrasp,and theconsistentmanagementoftheautomobileboardastheleader,closelylinking"sales,researchandproduction",vigorously promotingtheconsistentmanagementofthewholeprocessquality,firmlyestablishingthesenseofresponsibilityof"seeking benefits from reform and promoting revitalization by reform", adhere to the innovation drive, create a "source" of original technology,adheretothestrategyof"talentdevelopment",enhancethepreciseincentiveroleofjobperformanceassessment, acceleratethe paceofinnovationand developmenttobuild "ahighlycompetitiveinternational high-qualityplate baseled by automotiveplates",andachievehard-wonproductionandmanagementandenterprisereformperformance.Duringthereportingperiod,therewasnochangeintheCompany'smainbusinessorbusinessmodel.III. Analysisoncorecompetitiveness TheCompanyadherestotheinnovation-drivenand"quality+service"developmentmodel,withthestrategicgoalofbuildingan internationallycompetitivehigh-qualityplatebase,adomesticfirst-classspecialsteelbaseandacomprehensiveserviceprovider, and exerts a strategic leading role, focusing on improving quality and efficiency, In terms ofproduct upgrades, technological innovation, green and intelligent manufacturing, we will innovate management ideas, enhance the core competitiveness of enterprises,andpromoteenterprisestoachievehigh-quality,greenandintelligentdevelopment.1.Manufacturingcapabilities.Focusingoneconomicbenefits,theCompanyfirmlygraspsmarketopportunities,implementsthe productionandmanagementideaof"theupperprocessfollowsthelowerprocessandthewholeprocessfollowsthemarket", adheres totheinnovation-driven and"manufacturing+service" strategies, seizes marketopportunities, efficientlycooperates withproductionlinesandthemarket,continuouslyoptimizestheproductstructure,andcontinuouslyimprovestheCompany's profitability. Deepen the benchmarking and digging potential, increase cost control, absorb the impact of upstream price increases,andcontinuouslyimprovemanagementefficiency. 2. Equipment transformation and upgrading. In 2022, the Company issued a fixed asset investment plan ofRMB 1.82 billion. Implementedtheupgradingandtransformationofelectricfurnaceofspecialsteel, transformationofspecialsteelrollingmill, environmentalprotectiontransformationofstorageonecoalyard,environmentalprotectiontransformationofstoragetwocoal yard,acidproductionfromdesulfurizationwasteliquidinthemainplantofplateironmaking,upgradingandtransformationof dry quenching boiler No.1 of coke two in the main plant of plate ironmaking, ultra-low emission transformation of 360 m2sintering flue gas desulfurization and denitrification, ultra-low emission transformation of 2x265 m2 sintering flue gas desulfurization and denitrification, ultra-low emission transformation of 566 m2sintering flue gas desulfurization and denitrification, etc. and key projects represent a new round of large-scale technical transformation and ultra-low emission transformation. At present, the special steel electric furnace upgrade project has put into operation an electric furnace and supportingrefiningequipmentandcontinuouscastingequipment. 3.Newproductdevelopmentcapabilities.Theannualplanistodevelop38newproducts,theactualcompletionof41,including 14gradesofcold-rolledproducts,19gradesofhot-rolledproductsand8gradesofspecialsteelproducts.Successfullydeveloped hot-dipgalvanizedduplexsteelCR330Y590T-DHtofillthegapintheresearchfieldofgalvanizedDHsteel.Cultivated"widehot- rolledhigh-strengthsteelseriesproducts",thefirstdomesticuniqueextremewidth(2000mm)thinspecificationhigh-strength tanksteel550GT-TH,exclusivesupplyintheregionalmarket. 4. Technological innovation ability. In terms of scientific and technological cooperation, the Company has signed 9 external contracts withthe UniversityofScience and TechnologyBeijing, the Chinese SocietyforMetals, the Institute ofMetallurgical IndustryInformationStandards,theInstituteofMetallurgicalIndustryPlanningandResearch,etc.TheCompanyhasalsocarried out10cooperativeprojectswithDalianUniversityofTechnology,NortheasternUniversityandLiaoningUniversityofScienceand Technology,whicharemembersofthe"LiaoningIronandSteelIndustryUniversity-ResearchInnovationAlliance".Intermsof intellectualpropertyrights,itparticipatedin4nationalstandards,hosted2groupstandardsandparticipatedin1groupstandard. Thenumberofacceptedpatentsintheyearwas283,andthenumberofauthorizedpatents was136,amongwhich31wereauthorizedinventionpatents.Intermsofscientificandtechnologicalachievements,"2000MPaHotPressFormingSteel"wonthe "First Prize of Technical Innovation in Automotive Lightweighting Application of China Society of Automotive Engineering", "ResearchandDevelopmentofLow-CostHighStrengthCorrosionResistantSteelSeriesforLandTransportationContainers"won the "Second Prize of Science and Technology of China Society of Corrosion and Protection", "Development of High-Quality EconomicNbMicroalloyedAutomotiveGalvanizedDuplexSteelSeries"wonthe"SecondPrizeofTechnicalProgressAwardof CITIC Niobium Steel", and "Research on Stability Improvement of Roll Bearing Block in Hot Rolling Mill" won the "First Line WorkerAwardofAnsteelIronandSteelScienceandTechnologyAward". 5. Green development capability. According to the national and Liaoning Province on the steel industry and local ultra-low emission policy requirements, the Company is brave to assume social responsibility, relying on professional planning and research institutions, the preparation of environmental protection to enhance the planning and annual implementation plan, 2023planningandsortingoutatotalofmorethan20ultra-lowemissionprojects,haveallbeenincludedintheinvestmentplan, has launched the construction or preliminary work, through the transformation of the yard, flue gas emission treatment, desulfurizationanddenitrificationofultra-lowemissiontransformationandothercomprehensiveexcellentimprovements,and strivetoachieveultra-lowemissionbytheendof2023,theCompanywillbecomeaharmoniousdevelopmentwiththecityof "ecologicalsteelplant". 6. Intelligent manufacturing capabilities. The Company strongly promotes the construction of information technology, intelligenceandotherintelligentmanufacturing-relatedprojects,andhascarriedoutintelligenttransformationin2022,suchas the integration of information system construction, the overall improvement of steel industry management and information support, the centralized control of plate energy, blast furnace intelligent management system, steel industry daily cost management system, and the improvement of production and manufacturing management system. Keep pace with the developmentofenterprisesintheeraofbigdatatoachievehigh-qualitydevelopment.IV. Managementdiscussionandanalysis 1. General In 2022, the annual production of pig iron was 10.003 million tons, an increase of 165,300 tons; crude steel production was 10.552 million tons, anincrease of114,000tons;hot-rolled plate production was13.2874million tons, anincrease of70,500 tons;cold-rolledplateproductionwas5.948milliontons,andspecialsteelproductionwas443,400tons.Reviewingtheworkof thewholeyear,itismainlyreflectedinthefollowingaspects: (1) Production-orientedtooperation-orientedtransformation,theCompany'soperationqualitycontinuestoimprove Themanagementandcontrolmodelbasedoncomprehensivebudgetandplannedvaluemanagement,centeredonefficiency, salesastheleader,financeasthecore,benchmarkingasthegrip,andtheconsistentmanagementoftheautomobileboardas theleaderhasbeenestablished,andthemanagementconsciousnessofallstaffhasbeenenhancedsignificantly.TheCompany intensifieditsmarketdevelopmenteffortsandsetup12technicalserviceteamsforprioritycustomerstoprovidepersonalized services. Closely linking "sales, research and production", the annual output of automobile plates reached a record high. Strengthen financial control, improvethe efficiency ofcapital operation in allaspects, and significantly reducethe balance of "two funds" compared with the beginning ofthe year. Vigorously promotethe consistent management ofthe wholeprocess quality,andthe"qualitystorm"iseffective.Buildastarproductionline,equipmentoperationefficiencycontinuedtoimprove, andeachunitsetnewcapacityrecordsmanytimes. (2) ContinuingtopromotemarketizationanddeepeningreformofenterprisesThe Company firmly establishes the sense of responsibility of "seeking benefits from reform and promoting revitalization by reform", and actively and steadily promotes the three-year action of reforming state-owned enterprises in a thorough and practical manner. The Company has implemented the "recruitment competition with indicators and contract" and 100% coverage of "two systems and one contract" and "double contract" management. Comprehensively implement the full post- performanceassessment,andcontinuouslyenhancethepreciseincentiveroleofpost-performanceassessment.Highlightingthe typical lead the way, "authorization + the same benefit" market-oriented reform to activate the micro subject motivation, selected grass-roots operation area as a pilot unit combined with their own characteristics to develop a personalized reform program,theindicatorshaverepeatedlyachievedgoodresults,regionalworkersfullyenjoyedthereformdividend,incomelevel hasincreasedsignificantly.InaccordancewiththeKoreanPuxiangmodel,theCompanywillpromotethestandardizedoperation ofBengangPuxiang,createa"specialzone"anda"model"forreformanddevelopment,andleadBengangSteelPlatestobeon parwithworld-classenterprises. (3) ConsolidationofstandardizedoperationandsignificantenhancementofcorporategovernanceRisk management-oriented, improving the internal control system, deeply analyzing the risk points of each process, dynamic evaluation,andreal-timecontrol.Establishalistmanagementmodel,realizethelistofauthorityandresponsibilityboundaries, institutionalizeproceduralnorms,andstreamlinethedecision-makingoperation.TheCompanybuildsafull-cycleauthorization and evaluation system from three aspects, including corporate governance, standardization of exercise of authority, the effectivenessofexerciseofauthority,andimplementsdynamicmanagementtoensurethattheauthorityis"released,accepted, andstable".TheCompanywillfurtherstrengtheninvestorrelations,improvecapitalmarketoperations,andpaycashdividends ofRMB2.465billiontoallshareholdersin2022toeffectivelyrewardinvestors.(4) OptimizesystemmanagementsystemandimprovemanagementefficiencyandeffectivenessTaking the promotion of consistent management as a guide, the Company has developed "system" thinking, continued to improvetheconstructionofthesystem,optimizedtheprocesscontrolpointsitembyitem,builtaclosed-loopcontrolnetwork, and continuously improved management efficiency and effectiveness. Insist on "safety first", promote "safety storm" special action, investigate and correct hidden dangers, and achieve full coverage of safety training. Build up the concept of green development and build the beautiful home ofBengang Steel Plates together. The Company completed 10 ultra-low emission projects according to the planned nodes throughout the year; the synchronous operation rate of environmental protection facilitiesandproductionfacilitieswas100%,andtheenvironmentoftheplantwassignificantlyimproved.(5) Adheretotheinnovation-driven,tocreatetheoriginaltechnology"Source"Implemented 9 collaborative projects in Anben Science and Technology, 9 innovative cooperation projects in Liaoning Steel Association's Industry-University-Research Alliance, and 203 scientific research projects. Vigorously promote the digitalization construction, introduce the integrated operation mode of cross-regional multi-bases in the main steel industry and the "manufacturing+service"systemofmulti-basessynergy,andrealizebusinessinnovationandprocessreengineering.The"one- touchsteelmaking" inthe steel mill wasrecognized bythe industry;the iron frontcentralized control, the energy centralized controlandtheintelligentmanufacturingprojectwiththethreecoldrollingmillsasthepilotwereallimplementedasplanned, layingasolidfoundationforthesustainabledevelopmentoftheCompany.(6) StrengthentheleadershipofPartybuilding,theworkofthegrouporganizationsisfullofhighlightsThemainlineoflearningandpropagandatoimplementthespiritofthe20thCPCNationalCongress,throughavarietyofways tograspthepoliticaltheoryandprofessionalbusinesslearningofpartymembersandcadres,sothatlearningbecomesasource ofstrengthtogatherstrengthandovercomedifficulties,andafundamentalguaranteetoservethemassesandpromotework. TheCompanyhaspromotedthestandardizedconstructionofpartyorganizations,selectedandstrengthenedthecadresofthe party group system, and promoted the comprehensive improvement, standardization and hardening of the grassroots party construction work. Adhering to the strategy of "talent development", the Company has established a talent pool and made effortstobuildBengangSteelPlates'ownexpertteam.Tocarryoutlaborcompetitionsandvariousspecialactivitiesforyouthto builduptheirwork,allworkersovercomedifficultiestogether,establishanewimageofyoungpeopleofBengangSteelPlates, andcultivatethemainforceforthefuturedevelopmentoftheenterprise.(7) Deeplyrootedinpeople-oriented,tocreateabeautifulhomeforplateworkersTheCompanystronglypromotesthe constructionofpeople'slivelihoodprojects, takestheworkers'affairsasthetoppriority andimplementsthemintoaction,makingeveryefforttocreatea"familyculture"acrosstheboard.Theestablishmentofthe "voice ofworkers" direct line and the regular promotion of"doing practical things for the masses" has greatly enhanced the senseofbelongingandhappinessofthemassesofworkers.Tobuilda"AAA"levelscenicgardenfactoryasabasis,andstriveto improvetheplantenvironment. 2. Incomeandcost (1) Breakdownofoperatingincome Unit:RMB
Unit:RMB
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