On April 25th, Baosteel Group (600019. SH) announced that its operating revenue for the first quarter of 2025 was 72.88 billion yuan, a year-on-year decrease of 9.8%; The net profit attributable to shareholders of the listed company was 2.434 billion yuan, a year-on-year increase of 26.4%. The company stated that the performance growth is mainly due to actively responding to the severe and complex external situation, solidly promoting the implementation of reform measures, strengthening the integration and coordination of the entire system, and focusing on key tasks such as cost reduction of molten iron, smooth operation of blast furnaces, and smart manufacturing. At the same time, the company is accelerating the implementation of its intelligent transformation strategy, strengthening domestic and international cooperation, enhancing international competitiveness, adhering to technological innovation, and achieving technological leadership.
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