Beijing Shougang (000959.SZ) stated on the investor interaction platform that the mineral resources owned by Shougang Group provide important security for the company's supply chain. Currently, the group's supply ratio for iron ore used in production is about 50%. The Ma Cheng iron mine, which is under construction, has an annual capacity of 7 million tons of iron concentrate powder, with high reserves, low costs, and eco-friendly transportation efficiency. After being put into operation, the company's guarantee capacity for iron ore resources will be further improved. The company uses band procurement methods and low-inventory management to rationally hedge risks. In the future, the company will adopt various methods to respond to market risks and, together with other domestic steel companies, jointly pursue the stable and rational operation of the prices of csi commodity equity index and other bulk commodity raw materials to maintain the long-term healthy development of the supply chain.