Summary of Semi-Annual Report 2021 of Bengang Steel Plates Co., Ltd.
Stock Code: 000761, 200761 Abbreviation: Bengang Bancai, Bengangban B Announcement No.：2021-049
Summary of Semi-Annual Report 2021 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.
Other directors attending the Meeting for Semi-Annual Report deliberation except for the following
Name of director absent Title for absent director Reasons for absence Attorney
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
Conversion of capital reserves into share capital proposed to the Board during the reporting period
□Applicable √Not applicable
The company’s common share profit distribution plan approved by the board of directors is: based on 3,885,060,605 , a
cash dividend of RMB 5 (tax included) will be distributed to all shareholders for every 10 shares, and 0 shares of bonus
shares (tax included) will be distributed. And no conversion of capital reserves into share capital.
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 Gao Desheng Chen Liwen
No.16, Renmin Road, Pingshan District, No.16, Renmin Road, Pingshan District,
Address
Benxi City, Liaoning Province Benxi City, Liaoning Province
Tel 024-47827003 024-47828980
Email bgbcdm@163.com bgbcclw@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
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Summary of Semi-Annual Report 2021 of Bengang Steel Plates Co., Ltd.
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 38,588,128,212.14 22,184,537,260.05 73.94%
Net profit attributable to the shareholders
2,208,798,167.91 254,644,204.33 767.41%
of the listed company
Net profit attributable to the shareholders
of listed company after deducting 2,199,142,563.30 239,885,472.54 816.75%
non-recurring gain/loss
Net cash flows generated by operating
1,524,916,220.03 -151,475,707.08 1,106.71%
activities
Basic earnings per share 0.57 0.07 714.29%
Diluted earnings per share 0.57 0.07 714.29%
ROE 9.98% 1.30% 8.68%
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 64,752,065,169.98 65,007,470,749.20 -0.39%
Net assets attributable to shareholders of
23,246,599,850.13 21,018,296,389.10 10.60%
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 58,435 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 1,577,545,000
62.02% 2,409,628,094
Ltd. legal person Frozen 108,326,179
CCB Principal Asset
Management – ICBC – CR Trust
Others 4.76% 184,842,883
– CR Trust Xing Sheng No. 5
Collective Fund Trust Plan
Bei Xin Rui Feng Fund – China
Merchants Bank – Bei Xin Rui
Others 4.76% 184,842,883
Feng Fund Feng Qing No. 229
Asset Management Plan
China Life AMP Fund– ICBC –
China Life AMP – Hua Xin Trust
Targeted Additional Shares Others 4.76% 184,842,883
Issuance No. 10 Asset
Management Plan
Liaoning Provincial State-owned
3.82% 148,528,983
Transportation Investment Group legal person
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Summary of Semi-Annual Report 2021 of Bengang Steel Plates Co., Ltd.
Co., Ltd.
MORGAN STANLEY & CO. Foreign
0.37% 14,366,619
INTERNATIONAL PLC legal person
State-owned
Huatai Securities Co., Ltd. 0.30% 11,541,080
legal person
State-owned
CITIC Securities Co., Ltd. 0.24% 9,490,396
legal person
China Resources Yuanta
Fund-Huatai Securities-China
Resources Yuanta Fund Runhong Others 0.23% 8,990,023
Prosperity Collective Asset
Management Plan
Domestic
Lu Ruijun natural 0.21% 8,000,000
person
It is unknown to the Company whether there is any related connection or ‘Action
Notes to relationship or ‘action in concert’ in Concert’ as described by Rules of Information Disclosing Regarding Changing
among the top 10 shareholders. of Shareholding Status of Listed Companies existing among the above
shareholders.
China Resources Yuanta Fund-Huatai Securities-China Resources Yuanta Fund
Shareholders among the top 10 participating in Runhong Prosperity Collective Asset Management Plan holds 8,990,023 shares of
securities margin trading (if any) the company through investor credit securities accounts; Lu Ruijun holds
8,000,000 shares of the company through investor credit securities accounts.
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
Name of Bond Balance of Debt（10
Bond Code Issue date Maturity date Interest rate
Bond abbreviation thousand Yuan）
Bengang Steel
Plates Co., Bengang
Ltd. Convertible 127018 29th June 2020 28th June 2026 675,125.68
Convertible Bond
Bond
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Summary of Semi-Annual Report 2021 of Bengang Steel Plates Co., Ltd.
（2）Financial indicators as of the end of the reporting period
Unit：10 thousand Yuan
Item 30 June 2021 31 December 2020
Debt asset ratio 63.25% 66.85%
Item Current period Previous period
EBITDA Interest Coverage ratio 8.32 4.3
III. Significant events
On April 15, 2021, the company received a notice from the indirect controlling shareholder Bengang Group Co., Ltd.
that it was informed that Ansteel Group Co., Ltd. is planning to reorganize the Bengang Group, which may lead to
changes in the company's control rights. The reorganization is still in the planning stage, and the approval of relevant
departments is still required after the plan is finalized. For details, please refer to the "Indicative Announcement on the
Strategic Restructuring of the Indirect Controlling Shareholder Bengang Group Co., Ltd." published on the designated
information disclosure media by the company on April 15, 2021.
On August 18, 2021, the State-owned Assets Supervision and Administration Commission of the State Council and the
People's Government of Liaoning Province jointly issued a notice agreeing that Ansteel Group Co., Ltd. will reorganize
Bengang Group Co., Ltd., and the Liaoning Provincial State-owned Assets Supervision and Administration
Commission will transfer 51% equity of Bengang Group to Ansteel Group for free. The transfer still needs to perform
the necessary procedures, and there is still uncertainty about whether the relevant approval can be obtained and whether
the transfer can be implemented smoothly. For details, please refer to the Announcement on the Approval of the
State-owned Assets Supervision and Administration Commission of the State Council and the People's Government of
Liaoning Province on the free transfer of 51% equity of Bengang Group, the indirect controlling shareholder, published
on the designated information disclosure media by the company on August 19, 2021 ".
On August 20, 2021, the State-owned Assets Supervision and Administration Commission of the People's Government
of Liaoning Province, indirect controlling shareholder of the company and with 80% of the Bengang Group’s share, and
Ansteel Group Co., Ltd., which is 100% owned by the State-owned Assets Supervision and Administration
Commission of the State Council signed the agreement: "Agreement on the Gratuitous Transfer of State-owned Equity
of Bengang Group Co., Ltd. between the State-owned Assets Supervision and Administration Commission of the
People's Government of Liaoning Province and Ansteel Group Co., Ltd.". According to the agreement, the State-owned
Assets Supervision and Administration Commission of Liaoning Province will transfer its 51% equity in Bengang
Group to Ansteel Group for free. After the completion of this transfer, Ansteel Group will become the controlling
shareholder of Bengang Group. Ansteel Group indirectly controls 81.08% of the company’s shares through Bengang
Group, Benxi Iron and Steel (Group) Co., Ltd. and Ansteel Group Capital Holding Co., Ltd. The direct controlling
shareholder of the company remains unchanged, still Benxi Iron & Steel (Group) Co., Ltd., and the actual controller of
the company is changed to the State-owned Assets Supervision and Administration Commission of the State Council.
For details, please refer to the company's relevant announcement published on the designated information disclosure
media on August 21, 2021.
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