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

YouFa Group released its performance for the first three quarters, with a net profit attributable to the parent company of 502 million yuan, a year-on-year increase of 399.25%

According to the Zhitong Finance APP, YouFa Group disclosed its third-quarter report for 2025. The company achieved a revenue of 37.992 billion yuan in the first three quarters, a year-on-year decrease of 5.19%; the net profit attributable to shareholders of the listed company was 502 million yuan, a year-on-year increase of 399.25%; the net profit excluding non-recurring gains and losses was 415 million yuan, a year-on-year increase of 1309.88%; the basic earnings per share were 0.36 yuan

Thailand made a positive final ruling on anti-circumvention regarding special iron pipes and steel pipes from China

According to the China Trade Relief Information Network, on October 9th, the Thailand Anti-Dumping and Countervailing Subcommittee announced a final affirmative ruling on the circumvention of anti-dumping measures regarding special iron pipes and steel pipes originating from China. It was determined that anti-dumping duties would be imposed on the products involved, produced by YouFa Group and exported to Thailand by Tianjin Tianying Tai Steel Pipe Co., Ltd., based on the landed price, with a tax rate of 19.19%. This measure will take effect on December 20, 2024, and will be valid for the same duration as the current anti-dumping measures

In the early trading session of A-shares, the Mu Xi concept opened significantly higher, with STS and ZPUG hitting the daily limit, BLUETRUM rising over 10%, and YouFa, Septwolves, and UCloud opening more than 5% higher

YouFa Group: Director Zhang Degang plans to reduce his holdings by 0.24%

YouFa Group announced that the company's director Zhang Degang holds 14.16 million shares, accounting for 0.98%; due to personal funding needs, he plans to reduce his holdings by no more than 3.54 million shares, accounting for 0.24% of the company's total share capital, corresponding to 25% of his holdings, through centralized bidding or block trading within 3 months after the announcement, specifically from November 10, 2025, to February 9, 2026, with the reduction price to be determined by the market