Bengang Steel Plates Co., Ltd. Semi-Annual Report 2024 August, 2024 Ⅰ. Important Notice, Table of Contents, and Definitions The Board of Directors, the Supervisory Committee and the Directors, members of the Supervisory Committee and senior management of the Company guarantee that there are no misrepresentations or misleading statements, or material omission in this report, and individually and collectively accept full responsibility for the authenticity, accuracy and integrity of the information contained in this report. Huang Zuowei, the person in charge of the company, Zheng Zhengli, the person in charge of accounting work, and Sun Yanbin, the person in charge of the accounting organization (accounting officer), hereby confirm that the financial report in this semi-annual report is true, accurate and complete. All directors have attended the board meeting for reviewing this report. This report involves forward-looking statements such as future plans and does not constitute a substantial commitment of the company to investors. Investors are advised to pay attention to investment risks. This report is prepared in Chinese and English respectively. In the event of discrepancies in the interpretation of Chinese and foreign texts, the Chinese text shall prevail. The Company has described the existing risks and countermeasures in detail in this report, please refer to the content of Section 3-10 "Risks Faced by the Company and Countermeasures". "China Securities Journal", "Securities Times", "Hong Kong Commercial Daily" and Juchao Information Network (www.cninfo.com.cn) are selected as the company's information disclosure media. All information of the company is subject to the information published in the above-mentioned designated media. Investors are kindly requested to pay attention to investment risks. The Company plans not to pay cash dividends, issue bonus shares, or increase capital by converting reserves. Table of Contents Ⅰ. Important Notice, Table of Contents, and Definitions ...... 2 Ⅱ. Company Profile and Main Financial Index ...... 6 III. Management Discussion and Analysis ...... 9 IV. Corporate Governance...... 24 V. Environment and Social Responsibilities...... 26 VI. Important Events...... 31 VII. Status of Share Capital Changes and Shareholders...... 65 VIII. Status of Preferred Shares...... 65 IX. Status of Bonds...... 66 X. Financial Report...... 70 Reference File Directory 1. Financial statements containing the signatures and seals of legal representative, chief financial officer, and chief accountant; 2. The originals of all company documents and announcements publicly disclosed during the reporting period; 3. Semi-annual reports published in other securities markets. Definition Terms to be defined Refers to Content of Definition Bengang Bancai, the Company, the Refers to Bengang Steel Plates Co., Ltd. Listed Company Angang Group Refers to Anshan Iron and Steel Group Co., Ltd. Bengang Group Refers to Bengang Group Co., Ltd. Bengang Steel Co., Bengang Co. Refers to Benxi Steel & Iron (Group) Co., Ltd. SSE Refers to Shenzhen Stock Exchange Liaoning Provincial State-asset Refers to Liaoning State-ownedAsset Supervisory and Administration Management Committee Bengang Posco Refers to Bengang Posco Cold-rolled Sheet Co., Ltd. Angang Finance Co. Refers to Ansteel Group Finance Co., Ltd. Angang Refers to Anshan Iron and Steel Co., Ltd. Vanadium Titanium Refers to Pangang Group Vanadium Titanium Resources Co., Ltd. Ⅱ. Company Profile and Main Financial Index I. Company Information Stock abbreviation Bengang Bancai, Bengangban B Stock Code 000761、200761 Stock exchange for listing Shenzhen Stock Exchange Company name in Chinese 本钢板材股份有限公司 Abbreviation of Company 本钢板材 name in Chinese Company name in English BENGANG STEEL PLATES CO., LTD. (If any) Abbreviation of Company BSP name in English (If any) Legal representative Huang Zuowei II. Contact Information Secretary of the Board Representative of StockAffairs Name Zheng Zhengli Chen Liwen Address No1-1 Gangtie Road, Pingshan District, No1-1 Gangtie Road, Pingshan District, Benxi City, Liaoning Province Benxi City, Liaoning Province Tel 024-47827003 024-47828980 Fax 024-47827004 024-47827004 Email zhengzhengli76@126.com bgbc000761@126.com III. Other Information 1.Contact Informat