Since the beginning of this year, our company has strengthened collaborative support, strengthened market research and judgment, played its location advantages and resource advantages, followed the spot purchase nodes of cooperative units, stabilized the discount ore resource channels, explored alternative resources, and flexibly adjusted the purchase varieties according to market conditions to reduce the purchase cost of imported ore. From January to July this year, Shandong Steel Rizhao imported ore continued to outperform the market, with a cost reduction target of more than 50 million yuan.

The first batch of undergraduate admission notices of Beijing University of Science and Technology in 2024 were personally delivered to the candidates in middle schools by President Yang Renshu. Two special "postmen", President Yang Renshu and Professor Yao Zhihao, personally delivered the admission notices that carried their dreams and expectations to the candidates. This bright, thin and tough "5G steel" admission notice is a "super-hardcore" greeting gift produced by our company, and also a "warm" invitation letter.

Since the beginning of this year, our company has introduced an intelligent inspection robot for tailings dams, which inspects the inside and outside of the 2,345-meter tailings pipeline and scans the inner slope of the dam body. If a collapse or gully is found, it will be immediately demarcated and an alarm will be issued. The robot can also monitor vehicles and personnel entering the tailings pond area, and can give voice prompts if it finds someone not wearing a helmet. The commissioning of the robot has increased the inspection frequency of the tailings pipeline, achieved a full-scale inspection of the slope surface of the dam body, and increased the safety monitoring of the tailings pond.

Our company and the Simandou Win Alliance completed the equity transfer of the world's largest iron ore project, the Simandou Iron Ore Project, marking the entry of the project into a new stage of cooperative development. As a national strategic project of Guinea and an important project of China-Guinea cooperation, the Simandou Iron Ore Project has an annual production capacity of 120 million tons of high-quality iron ore after completion and production. Its successful development will play a positive role in promoting the economic and social development of Guinea and provide a green and low-carbon option for the high-quality development of the global steel industry.