V View of Financial Report | ST Chengxing was asked about the reasons for the shutdown of Jiangyin plant and the impact on performance

V View of Financial Report | ST Chengxing was asked about the reasons for the shutdown of Jiangyin plant and the impact on performance
23:47, May 21, 2024 Zhongxin Jingwei

Log in to Sina Finance APP to search [Xinpi] to view more evaluation grades

Zhongxin Jingwei, May 21 - ST Chengxing announced in the evening of May 21 that the company received the Inquiry Letter on the Shutdown of Jiangyin Plant of Jiangsu Chengxing Phosphorus Chemical Co., Ltd. issued by Shanghai Stock Exchange on the same day.

On May 21, ST Chengxing disclosed that the phosphoric acid production line of Jiangyin Plant of the Company would be temporarily shut down for maintenance from May 20, 2024.

About the shutdown of Jiangyin Factory According to the announcement, the work safety license of Jiangyin Plant will expire on May 19, 2024. The company has applied for renewal of the license and is still in the process of approval. The temporary shutdown of Jiangyin Plant for maintenance since May 20, 2024 will have a certain impact on the company's annual business performance.

In this regard, Shanghai Stock Exchange requires ST Chengxing to supplement Disclose the specific reasons for the temporary shutdown of Jiangyin Factory Whether the company's production meets the requirements of the competent department on safety production and environmental protection; Supplement and disclose the specific progress in handling the approval of relevant production licenses, whether there are substantial obstacles, and fully remind the relevant uncertainty risks in combination with the production suspension.

Impact of production suspension on the company's operating performance According to the announcement, Jiangyin Plant will achieve an operating revenue of 879045300 yuan in 2023, accounting for 28.35% of the whole year.

In this regard, Shanghai Stock Exchange required ST Chengxing to supplement and disclose the specific measures taken by the company to ensure production and operation in response to the shutdown of Jiangyin Factory; Evaluate and make supplementary disclosure of the specific impact that the shutdown of Jiangyin Factory may have on the production of financial data such as the company's income and profit; Supplementary disclosure of whether the production suspension of Jiangyin Factory has adverse effects on the continuous operation of other business production lines of the listed company; Timely perform the obligation of information disclosure on the progress related to the shutdown of Jiangyin Plant, ensure that the information disclosed is true, accurate, complete and fully reveals the risks, and ensure the investors' right to know.

According to the enterprise website, ST Chengxing was listed on the Shanghai Stock Exchange in 1997. The company's main products, such as yellow phosphorus, phosphoric acid and sodium phosphate, potassium salt, calcium salt and compound phosphate, are widely used in industry, food, medicine, electronics and other fields.

In terms of performance, ST Chengxing achieved an operating income of 735 million yuan in the first quarter, a year-on-year decrease of 9.48%; The net profit attributable to shareholders of the listed company was -7388900 yuan, compared with 19887400 yuan in the same period last year.

In the secondary market, ST Chengxing closed down 0.12% at 8.16 yuan/share on the 21st. (Zhongxin Jingwei APP)

 Sina Technology Official Account
Sina Technology Official Account

"Palm" technology news (WeChat search techsina or scan the QR code on the left to follow)

Record of creation

Scientific exploration

Science Masters

Apple Exchange

Mass testing

special

Official microblog

 Sina Technology  Sina Digital  Sina mobile phone  Scientific exploration  Apple Exchange  Sina public survey

Public account

Sina Technology

Sina Technology Brings You the Fresh Technology Information

Apple Exchange

Apple Exchange brings you the latest Apple product news

Sina public survey

Try new cool products for free at the first time

Sina Exploration

Provide the latest scientist news and wonderful shocking pictures