Steel

XINXING PIPES

XINXING PIPES released FY2026 Q1 earnings on April 27 After-Market (BJT), actual revenue CNY 9.876 B, actual EPS CNY 0.0498

XINXING PIPES FY2026 Q1 Earnings Release on April 28 After-Market (BJT)

XINXING PIPES released FY2025 Q4 earnings on April 9 After-Market BJT, actual revenue CNY 9.839 B, actual EPS CNY 0.0625

XINXING PIPES released FY2025 earnings on April 9 After-Market (BJT), actual revenue CNY 37.02 B (forecast CNY 34.7 B), actual EPS CNY 0.2389 (forecast CNY 0.18)

XINXING PIPES to release FY2025 earnings on April 10 After-Market (BJT), forecast revenue CNY 34.7 B, EPS CNY 0.18

XINXING PIPES released FY2025 Q3 earnings on October 27 After-Market (BJT), actual revenue CNY 9.455 B, actual EPS CNY 0.0746

XINXING PIPES released FY2025 9 Months earnings on October 27 After-Market BJT, actual revenue CNY 27.18 B, actual EPS CNY 0.1764

XINXING PIPES to Release FY2025 Q3 Earnings on October 28 After-Market (BJT)

XINXING PIPES released FY2025 Semi-Annual earnings on August 25 After-Market (BJT), actual revenue CNY 17.73 B, actual EPS CNY 0.1018

XINXING PIPES released FY2025 Q2 earnings on August 25 After-Market (BJT), actual revenue CNY 9.353 B, actual EPS CNY 0.0673

XINXING PIPES to Release FY2025 Semi-Annual Earnings on August 26, 2025 (BJT)

Xingxin Cast Tube Expressed Willingness to Bid for Yarlung Zangbo Hydropower Project

Xinxing Pipe Casting Plans to Transfer 51% Shares of Subsidiary

Xin Xing Cast Iron Pipe Receives B ESG Rating from Huazheng Index

New Jinhua Group's Share Buyback Plan for Xinxing Cast Iron Pipe Completed

Xinxing Jihua Completes Share 增持 Plan for Xinxing Cast Iron Pipe

Xin Xing Zhuguan's Ductile Iron Pipes Used in the Yunnan Water Diversion Project

XINXING PIPES released FY2025 Q1 earnings on April 28 After-Market BJT, actual revenue CNY 8.375 B, actual EPS CNY 0.0345

XINXING PIPES FY2025 Q1 Earnings Release on April 29 After-Market BJT

Xinxing Ductile Iron Pipes Releases 2024 Annual Report, Revenue of 36.194 Billion Yuan, Down 16.32% Year-on-Year

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XINXING PIPES announced that the revenue for the third quarter was 9.455 billion yuan, a year-on-year increase of 13.25%; the net profit was 296 million yuan, a year-on-year increase of 430.36%. The revenue for the first three quarters was 27.183 billion yuan, a year-on-year increase of 0.38%; the net profit was 699 million yuan, a year-on-year increase of 44.67%

Zhitong

XINXING PIPES: The net profit for the third quarter was 296 million yuan, a year-on-year increase of 430.36%

XINXING PIPES announced that it plans to purchase a 10% equity stake in its controlling subsidiary Fukang Energy for a transaction price of 151 million yuan. Upon completion of this transaction, Fukang Energy will become a wholly-owned subsidiary of the company. This transaction has been approved by the fifteenth meeting of the company's tenth board of directors and does not require submission for shareholder meeting approval

XINXING PIPES: Plans to purchase 10% equity in its controlling subsidiary Fukang Energy for 151 million yuan

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The steel sector continues to strengthen, with XINXING PIPES hitting the limit up, and CBGF, YouFa, CITIC Pacific Special Steel, XCMC, Maanshan Iron & Steel, and Vanadium Titanium shares also rising

CBGF

YouFa

CITIC Pacific Special Steel

XCMC

According to the Zhitong Finance APP, XINXING PIPES released its semi-annual report for 2025, showing an operating income of 17.728 billion yuan, a year-on-year decrease of 5.36%. The net profit attributable to shareholders of the listed company was 404 million yuan, a year-on-year decrease of 5.58%. The net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was 357 million yuan, a year-on-year increase of 29.59%. The basic earnings per share were 0.1018 yuan

XINXING PIPES released its performance for the first half of the year, with a net profit attributable to shareholders of 404 million yuan, a decrease of 5.58%

XINXING PIPES announced that in the first half of 2025, operating revenue was 17,727,891,698.11 yuan, a year-on-year decrease of 5.36%. Net profit was 403,893,679.43 yuan, a year-on-year decrease of 5.58%. The company plans not to distribute cash dividends, not to issue bonus shares, and not to increase capital through reserves

XINXING PIPES: Net profit of 403,893,679.43 yuan in the first half of 2025, a year-on-year decrease of 5.58%

XINXING PIPES stated on the interactive platform that it has not yet participated in the construction of the downstream hydropower project of the Yarlung Tsangpo River. The company will focus on this opportunity, leverage its business advantages, and actively participate in the bidding process. However, the bidding process is influenced by various factors, and the likelihood of successful participation is uncertain. The company will follow the information disclosure regulations and fulfill its information disclosure obligations in a timely manner based on the project's progress

XINXING PIPES: Has not yet participated in the downstream hydropower project of the Yarlung Tsangpo River

According to the Zhitong Finance APP, XINXING PIPES announced that the company plans to transfer 51% equity of its holding subsidiary XinXing Pipes Urumqi Mining Investment Co., Ltd. (hereinafter referred to as "Urumqi Mining") through public listing at the Beijing Property Exchange and recover related debts. This transaction will be listed at a starting price of no less than the assessed value of the equity of Urumqi Mining by the asset appraisal agency and the amount of related debts, with a starting price of 205 million yuan

XINXING PIPES plans to list and transfer 51% equity of Urumqi Mining and recover related debts

XINXING PIPES released its 2024 annual report, with operating revenue of 36.194 billion yuan, a year-on-year decrease of 16.32%; net profit attributable to shareholders was 167 million yuan, a year-on-year decrease of 87.60%. After deducting non-recurring gains and losses, the net loss was 151 million yuan, with basic earnings per share of 0.042 yuan. The company plans to distribute a cash dividend of 0.20 yuan (including tax) for every 10 shares to all shareholders

XINXING PIPES released its 2024 annual performance, with a net profit attributable to shareholders of 167 million yuan, a year-on-year decrease of 87.60%

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China Galaxy Securities released a research report indicating that AI technology is reshaping the steel production process, enhancing production efficiency and quality. The continued effects of macro policies are helping to improve the supply-demand relationship in the steel industry, and it is expected that leading players in the rebar sector will benefit. The application of AI in processes such as ironmaking, steelmaking, and rolling can optimize processes, improve energy efficiency, and enhance quality forecasting, driving the transformation and upgrading of steel enterprises. It is recommended to pay attention to investment targets related to AI and telecommunications businesses

ANSTEEL

ANGANG STEEL

Baosteel

HZIS

Valin Steel

Huawei

NISCO

China Galaxy Securities: AI reshapes the steel production process, significantly improving quality and efficiency

Minsheng Securities research report points out that the absolute inventory of steel is relatively low, and attention should be paid to the speed of demand recovery after the holiday. With the Spring Festival holiday approaching, the supply and demand for steel is weakening, production is decreasing year-on-year, and the absolute inventory is low. If work resumes quickly after the holiday, supply and demand will be tight. Continued policies and a recovery in real estate funding will boost long-term demand. On the raw material side, iron ore inventory is high, and pig iron production is declining, so attention should be paid to the recovery of steel companies' profits. It is recommended to pay attention to companies related to ordinary steel, special steel, and pipes

USHK News

HJHS

FSSS

NCGF

Xiongsu Technology

WEIXING NBM

GUOTONG PP

GLMS SEC

SHA GANG GU FEN

GDTC

Minsheng Securities: The absolute inventory of steel is relatively low; pay attention to the recovery speed of demand after the holiday

XINXING PIPES(000778.SZ)