Summary of Bengang Steel Plates Co. Ltd. 2023 Semi-Annual Report

Stock Code: 000761 200761 Stock Abbreviation: Bengang Bancai Bengangban B Announcement No.:2023-051

Summary of Semi-Annual Report 2023 of Bengang Steel

Plates Co. Ltd.

1Summary of Bengang Steel Plates Co. Ltd. 2023 Semi-Annual Report

I. Important Notice

This Semi-Annual Report Summary is taken from the full text of the Semi-Annual Report. In order to fully understand the

company's operating results financial status and future development plans investors are advised to read carefully the full text of

the Semi-Annual Report published on the media designated by Securities Regulatory Commission.All directors attended the board meeting for reviewing this semi-annual report.Prompt of non-standard auditor’s opinion

□Applicable □ Not applicable

Profit distribution plan for ordinary shares or the plan for converting capital reserves into share capital during the reporting period

reviewed by the Board of Directors

□Applicable □ Not applicable

The company plans not to distribute cash dividends no bonus shares and no transfer of capital reserves into share capital.Profit distribution plan for preference shares approved by the Board of Directors for the reporting period

□Applicable □ Not applicable

II. Basic Information of the Company

1. Company Profile

Bengang Bancai

Stock abbreviation Stock code 000761 200761

Bengangban B

Stock exchange for listing Shenzhen Stock Exchange

Contact person and contact information Secretary of Board of Directors Representative of Securities Affairs

Name Zheng Zhengli Chen Liwen

No. 1-1 Steel Road Pingshan District No. 1-1 Steel Road Pingshan District

Office address

Benxi City Liaoning Province Benxi City Liaoning Province

Telephone number 024-47827003 024-47828980

E-mail zhengzhengli76@126.com bgbc000761@126.com

2. Main Financial Data and Financial Index

Whether the company needs to retrospectively adjust or restate accounting data for previous years

□Yes □No

Current period Previous period Changes over previous period

Operating income (RMB) 30567409205.03 35015177304.98 -12.70%

Net profit attributable to the

shareholders of the listed company -1004945623.68 561735377.41 -278.90%

(RMB)

Net profit after deducting of non-

recurring gains or losses attributable to

-1007279338.85522219426.93-292.88%

the shareholders of listed company

(RMB)

Net cash flow from operating activities

4662637281.81227451842.211949.94%

(RMB)

Basic earnings per share (RMB/Share) -0.2446 0.1400 -274.71%

Diluted earnings per share

-0.15580.1400-211.29%

(RMB/Share)

Weighted average return on equity -5.49% 2.60% -8.09%

2Summary of Bengang Steel Plates Co. Ltd. 2023 Semi-Annual Report

本报告期末上年度末本报告期末比上年度末增减

Total assets (RMB) 45871498081.84 44114652440.64 3.98%

Net assets attributable to shareholders

17811005923.4418789151216.62-5.21%

of the listed company (RMB)

3. Number of Shareholders and Shareholding Status of the Company

Unit: share

Total number of ordinary Total number of preferred shareholders

shareholders at the end of 51840 with voting rights restored at the end of 0

the reporting period the reporting period (if any)

Shareholding of top 10 shareholders

Situations of pledge marking

Name of Nature of Shareholding Number of restricted or freezing

Number of shares

shareholder shareholder percentage shares held Status of

Number

shares

Benxi Steel and State- Pledged 110000000.00

Iron (Group) Co. owned legal 58.65% 2409628094.00

Frozen 102100000.00

Ltd. person

State-

Bensteel Group

owned legal 17.95% 737371532.00

Co. Ltd.person

Domestic

Guan Hui natural 0.63% 25970000.00

person

Domestic

Gao Tao natural 0.56% 23000000.00

person

Domestic

Zhang Wenyou natural 0.47% 19149967.00

person

Hong Kong

Securities Foreign

0.42%17094730.00

Clearing legal person

Company Limited

Domestic

Zhou Wei natural 0.22% 9081800.00

person

Industrial Bank

Co. Ltd.-Wanjia

dual-engine

Others 0.18% 7442889.00

flexible allocation

hybrid securities

investment fund

Domestic

Li Chunhou natural 0.17% 7000000.00

person

Agricultural Bank

of China Co.Ltd.-Wanjia

Beijing Stock

Others 0.15% 6198111.00

Exchange

Huixuan two-year

regular open

hybrid securities

3Summary of Bengang Steel Plates Co. Ltd. 2023 Semi-Annual Report

investment fund

Benxi Steel and Iron (Group) Co. Ltd. has an associated relationship with Bensteel Group Co.Explanation on the related

Ltd. and is a person acting in concert as stipulated in the "Administrative Measures for the

relationship or concerted action

Acquisition of Listed Companies". The company is not aware of whether there is an associated

of the above-mentioned

relationship among other shareholders or whether they are persons acting in concert as

shareholders

stipulated in the "Administrative Measures for the Acquisition of Listed Companies".Guan Hui holds 25970000 shares of the company through an investor credit securities account.Description of shareholders Zhang Wenyou held 19149967 shares of the company through an investor credit securities

participating in securities margin account. Zhou Wei holds 250000 shares of the company's stock through the investor's ordinary

trading (if any) account and holds 8831800 shares of the company's stock through the investor's credit

securities account.

4. Status of Changes in Controlling Shareholders or Actual Controllers

Changes in controlling shareholders during the reporting period

□Applicable □ Not applicable

During the reporting period there was no change in controlling shareholder of the company.Changes in the actual controllers during the reporting period

□Applicable □ Not applicable

During the reporting period there was no change in actual controller of company.

5. Table of the Total Number of Preferred Shareholders of the Company and the Shareholdings of the Top

10 Preferred Shareholders

□Applicable □ Not applicable

During the reporting period there were no preference shareholders holding shares in the company.

6. Status of Bonds Existing on the Approval Date of Semi-Annual Report

□ Applicable □Not applicable

(1) Basic Information on Bonds

Balance of

Abbreviation Coupon interest

Name of bond Code of bond Issuing date Maturity date bond (ten

of bond

thousand yuan ) rate

0.6% in the first

year; 0.8% in

the second

year; 1.5% in

Bengang Steel

Bengang the third year;

Plates Co. Ltd.Convertible 127018 2020/06/29 2026/06/28 5631042100 2.9% in the

Convertible

Bonds fourth year;

Bonds

3.8% in the

fifth year; 5.0%

in the sixth

year.

(2) Financial Index at the End of the Reporting Period

Unit: ten thousand yuan

Items At the end of current period At the end of last year

4Summary of Bengang Steel Plates Co. Ltd. 2023 Semi-Annual Report

Items Current period Previous period

III. Important Events

On 21 March 2023 the company disclosed the "Informative Announcement on Planning for Major Asset

Replacement and Related Transactions" planning to conduct asset replacement with Benxi Steel and Iron (Group)

Co. Ltd. (hereinafter referred to as "Benxi Iron and Steel") the assets to be exchanged into the company are 100%

equity of Benxi Iron and Steel (Group) Mining Co. Ltd. the assets of the company to be exchanged out are all assets

and liabilities of the listed company except retained assets and liabilities the difference between the assets to be

exchanged in and the assets to be exchanged out shall be made up by one party to the other in cash. The company

held the 16th meeting of the 9th Board of Directors and the 11th meeting of the 9th Board of Supervisors on 20 June

2023 the proposals related to the "Proposal on the "Major Assets Replacement and Related Party Transaction Plan of

Bengang Steel Plates Co. Ltd." and its summary" were reviewed and approved and signed the "Major Assets

Replacement Framework Agreement between Benxi Iron and Steel Co. Ltd. and Benxi Steel and Iron (Group) Co.Ltd." with Benxi Iron and Steel. On 21 June 2023 the company received the "Letter of Concern on the Major Assets

Replacement and Related Transaction Plan of Bengang Plates Co. Ltd." from Shenzhen Stock Exchange at present

the company is conducting further demonstration communication and negotiation on the transaction plan and the

scope of the subject assets of the transaction transaction price and other elements have not been finalized. After the

relevant matters are determined the company will reconvene the Board of Directors for review.

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