Summary of Semi-Annual Report 2024 of Bengang Steel Plates Co., Ltd. Stock Code: 000761 Abbreviation: Bengang Bancai Announcement No.:2044-050 Summary of Semi-Annual Report 2024 of Bengang Steel Plates Co., Ltd. 1 Summary of Semi-Annual Report 2024 of Bengang Steel Plates Co., Ltd. I. Important Notice This Semi-Annual Report Summary is taken from the full text of the Semi-Annual Report. Investors are advised to carefully read the full text of the Semi-Annual Report published on the media designated by China Securities Regulatory Commission in order to fully understand the Company’s operation results, financial position and future development plan. Non-standard auditor’s opinion □ Applicable √Not applicable Plans for profit distribution on ordinary shares or conversion of capital reserves into share capital proposed to the Board during the reporting period □ Applicable √Not applicable The Company plans not to pay cash dividends, issue bonus shares, or increase capital by converting reserves. Plans for profit distribution on preference shares for the reporting period approved by the Board □ Applicable √ Not applicable II. Company Profile and Main Financial Index 1. Company profile Bengang Bancai, Bengangban Stock abbreviation Stock Code 000761、200761 B Stock exchange for listing Shenzhen Stock Exchange Contact person and manner Board secretary Securities affairs Representative Name Zheng Zhengli Chen Liwen Address No1-1 Gangtie Road, Pingshan District, No1-1 Gangtie Road, Pingshan District, Benxi City, Liaoning Province Benxi City, Liaoning Province Tel 024-47827003 024-47828980 Email zhengzhengli76@126.com bgbc000761@126.com 2. Main Accounting Data and Financial Index Retrospective adjustment to or restatement of the accounting data for prior years by the Company due to change of accounting policies and correction of accounting errors □ Yes √ No Unit: yuan Increase or decrease in this Same period in previous This reporting period reporting period over the year previous year Operating income 28,364,539,286.80 30,567,409,205.03 -7.21% Net profit attributable to the shareholders -1,550,950,137.71 -1,004,945,623.68 -54.33% of the listed company Net profit attributable to the shareholders of listed company after deducting non- -1,621,652,605.92 -1,007,279,338.85 -60.99% recurring gain/loss Net cash flows generated by operating 1,095,091,396.54 4,662,637,281.81 -76.51% activities Basic earnings per share -0.3775 -0.2446 -54.33% 2 Summary of Semi-Annual Report 2024 of Bengang Steel Plates Co., Ltd. Diluted earnings per share -0.3775 -0.1558 -142.30% ROE -9.55% -5.49% -4.06% Increase or decrease at the At the end of this reporting At the end of previous end of this reporting period period reporting period over the previous year Total assets 45,631,488,543.54 46,181,979,851.06 -1.19% Net assets attributable to shareholders of 15,462,920,341.56 17,009,969,496.07 -9.09% the listed company 3. Number of shareholders and shareholding Unit: Share The total number of Total number of common preferred shareholders shareholders at the end of the 47,365 voting rights restored at the 0 reporting period end of the reporting period (if any) Shareholding of shareholders holding more than 5% or top 10 shareholders Number of Number of pledged or frozen Nature of Holding Restricted shares Name of the shareholder shares held at shareholder Percentage shares held period-end Status Number Benxi Steel & Iron (Group) Co., State-owned Pledged 110,000,000 58.65% 2,409,628,094 0 Ltd. legal person Frozen 102,100,000 Bengang Group Co., Ltd. State-owned Not Applicabl 17.95% 737,371,532 0 0 legal person e Guan Hui Domestic Not natural 0.71% 29,081,200 0 0 Applicable person Zhang Wenyou Domestic Not natural 0.47% 19,168,167 0 0 Applicable person Gao Tao Domestic Not natural 0.38% 15,440,000 0 0 Applicable person Lyu Ruijun Domestic Not natural 0.29% 12,000,005 0 0 Applicable person Basic Pension Insurance Fund Others 0.29% 11,823,600 0 Not 0 Combination 804 Applicable Ma Yonghua Domestic Not natural 0.24% 10,022,457 0 0 Applicable person Hong Kong Securities Foreign 0.24% 9,964,534 0 Not 0 Clearing Company Limited legal person Applicable Zhou Wei Domestic Not natural 0.22% 8,995,300 0 0 Applicable person Benxi Iron and Steel (Group) Co., Ltd. has a related relationship with Benxi Iron and Steel Group Co., Ltd., and is a concerted action person stipulated in the Notes to relationship or ‘action in concert’ "Administrative Measures for the Acquisition of Listed Companies". It is unknown among the top 10 shareholders. to the Company whether there is any related connection or ‘Action in Concert’ as described by Rules of Information Disclosing Regarding Changing of Shareholding Status of Listed Companies existing among the above shareholders. Shareholders among the top 10 participating in Guan Hui holds 1,081,200 shares of the Company's stock through an investor 3 Summary of Semi-Annual Report 2024 of Bengang Steel Plates Co., Ltd. securities margin trading (if any) general account and 28,000,000 shares of the Company's stock through an investor credit securities account. Zhang Wenyou holds 19,168,167 shares of the Company's stock through an investor credit securities account. Zhou Wei holds 163,500 shares of the Company's stock through an investor general account and 8,831,800 shares of the Company's stock through an investor credit securities account. Shareholders holding more than 5% of the shares, the top 10 shareholders and the top 10 shareholders of unrestricted tradable shares participating in the refinancing business and lending shares □ Applicable √ Not Applicable The top 10 shareholders and the top 10 shareholders of unrestricted tradable shares have changed compared with the previous period due to lending/repayment of refinancing □ Applicable √ Not Applicable 4. Changes of Controlling Shareholders and Substantial Controller Change of holding shareholder □ Applicable √ Not applicable There was no change of holding shareholder in the reporting period. Change of substantial controller □ Applicable √ Not applicable There was no change of substantial controller in the reporting period. 5. Total preferred shareholders of the Company and shares held by top ten shareholders □ Applicable √ Not applicable There was no Preferred Shares during the reporting period. 6. Information about the corporate bonds √Applicable □Not applicable (1)Basic information of Bond Balance of Debt Name of Bond Bond Code Issue date Maturity date (10 thousand Interest rate Bond abbreviation Yuan) 1st year: 0.6%; Bengang Steel 2nd year: 0.8%; Plates Co., Bengang 3rd year: 1.5%; Ltd. Convertible 127018 29th June 2020 28th June 2026 563,101.71 Convertible Bond 4th year: 2.9%; Bond 5th year: 3.8%; 6th year: 5.0%. (2)Financial indicators as of the end of the reporting period Unit:10 thousand Yuan Item 30 June 2024 31 December 2023 Debt asset ratio 64.77% 61.89% Item Current period Previous period EBITDA Interest Coverage ratio -1.79 2.33 4 Summary of Semi-Annual Report 2024 of Bengang Steel Plates Co., Ltd. III. Significant events On June 20, 2023, the company disclosed the "Major Asset Replacement and Related Transaction Plan" to carry out asset replace ment with Benxi Iron and Steel Company, intending to acquire 100% equity of Benxi Iron and Steel (Group) Mining Co., Ltd., and intending to dispose of all assets and liabilities of the listed company except for retained assets and liabilities. The difference between the assets to be acquired and the assets to be disposed of shall be made up by one party to the other in cash. At present, the company is conduct ing further demonstration and communication and negotiation on the transaction plan. After the relevant matters are determined, the company will convene the board of directors again for deliberation. 5