According to Bengang Plate's announcement, it is estimated that from January 1, 2026 to June 30, 2026, a net loss attributable to shareholders of listed companies was 1.89 billion yuan, an increase of 35.07% year on year; net loss after deducting non-recurring profit and loss was 1.91 billion yuan, an increase of 31.69% year on year; and basic earnings loss per share of 0.460 yuan/share. In the first half of 2026, the domestic steel market as a whole showed a pattern of strong supply and weak demand. Cost-side coal prices rose, and iron ore prices were strong, squeezing corporate profit margins. Faced with the complex and severe market situation, the company strengthened its product-oriented, market-oriented, and user-centered management mechanism, focusing on improving quality and efficiency, continuously optimizing production organization and resource allocation, and promoting efficient production line efficiency improvement and overall process cost reduction. The production and operation situation improved month-on-month in the second quarter, but due to the narrowing of the difference between purchase and sale prices in the market, the company's production and operation are still in a loss situation.

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