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.

1Summary 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

No1-1 Gangtie Road Pingshan District No1-1 Gangtie Road Pingshan District

Address

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 28364539286.80 30567409205.03 -7.21%

Net profit attributable to the shareholders

-1550950137.71-1004945623.68-54.33%

of the listed company

Net profit attributable to the shareholders

of listed company after deducting non- -1621652605.92 -1007279338.85 -60.99%

recurring gain/loss

Net cash flows generated by operating

1095091396.544662637281.81-76.51%

activities

Basic earnings per share -0.3775 -0.2446 -54.33%

2Summary 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 45631488543.54 46181979851.06 -1.19%

Net assets attributable to shareholders of

15462920341.5617009969496.07-9.09%

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 47365 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

Name of the shareholder shares held at shares

shareholder Percentage shares held

period-end Status Number

Benxi Steel & Iron (Group) Co. State-owned Pledged 110000000

58.65%24096280940

Ltd. legal person Frozen 102100000

Bengang Group Co. Ltd. State-owned Not Applicabl

17.95%73737153200

legal person e

Guan Hui Domestic

Not

natural 0.71% 29081200 0 0

Applicable

person

Zhang Wenyou Domestic

Not

natural 0.47% 19168167 0 0

Applicable

person

Gao Tao Domestic

Not

natural 0.38% 15440000 0 0

Applicable

person

Lyu Ruijun Domestic Not

natural 0.29% 12000005 0 0

Applicable

person

Basic Pension Insurance Fund Not

Others 0.29% 11823600 0 0

Combination 804 Applicable

Ma Yonghua Domestic Not

natural 0.24% 10022457 0 0

Applicable

person

Hong Kong Securities Foreign Not

0.24%996453400

Clearing Company Limited legal person Applicable

Zhou Wei Domestic Not

natural 0.22% 8995300 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 1081200 shares of the Company's stock through an investor

3Summary of Semi-Annual Report 2024 of Bengang Steel Plates Co. Ltd.

securities margin trading (if any) general account and 28000000 shares of the Company's stock through an investor

credit securities account. Zhang Wenyou holds 19168167 shares of the

Company's stock through an investor credit securities account. Zhou Wei holds

163500 shares of the Company's stock through an investor general account and

8831800 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 BondBond Code Issue date Maturity date （10 thousand Interest rateBond abbreviationYuan）

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 563101.71

4th year: 2.9%;

Convertible Bond

th

Bond 5 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

4Summary 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 replacement

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