Core Viewpoint - The A-share cement sector has shown strong performance in the late trading session, with multiple stocks reaching the daily limit up [1] Group 1: Stock Performance - Tianshan Co., Guotong Co., Western Construction, Tibet Tianlu, Sichuan Jinding, Huaxin Cement, Conch Cement, and Shangfeng Cement are among the companies that hit the daily limit up [1]

Group 1 - The cement sector is experiencing a surge with multiple stocks hitting the daily limit up, including Tianshan Shares, Guotong Shares, Western Construction, Tibet Tianlu, Sichuan Jinding, and Huaxin Cement among others [1] - More than ten stocks in the cement industry have reached the limit up, indicating strong market interest and potential bullish sentiment [1] Group 2 - Dark pool funds are reportedly flowing into these stocks, suggesting increased institutional interest and potential for further price movements [2]

Core Viewpoint - New Industrial Green Hydrogen, a subsidiary of Sichuan Jinding (600678), is leveraging dynamic asset on-chain technology to tokenize three core products into tradable Real World Assets (RWA), including mobile charging robots, skid-mounted hydrogen production stations, and hydrogen power stations [1] Group 1: Product Tokenization - New Industrial Green Hydrogen is exploring the conversion of its core products into RWA, enabling them to be split and traded [1] - The "Tian Hydrogen No. 1 TGHD01" project allows for on-chain verification of electricity generation, with revenue from electricity automatically settled in stablecoins like USDC, achieving real-time conversion of "green electricity into revenue" [1] Group 2: Strategic Upgrades - Over the next five years, the company plans to integrate 100,000 sets of equipment into the RWA system, including charging robots, electrolyzers, and hydrogen drones, with an estimated securitizable asset scale of several billion yuan [1] - The company is collaborating with Bosch Hydrogen Power, Junrui Green Hydrogen, Sinopec, and China Electric Power Construction to establish a "Hydrogen Industry RWA Alliance," facilitating cross-border hydrogen carbon credit trading [1] - New Industrial Green Hydrogen is working with partners to launch standardized contracts for "Green Hydrogen Revenue Pass" and is applying for pilot projects with local financial regulatory authorities [1]

沪指7月21日上涨0.72%，申万所属行业中，今日上涨的有27个，涨幅居前的行业为建筑材料、建筑装 饰，涨幅分别为6.06%、3.79%。建筑材料行业位居今日涨幅榜首位。跌幅居前的行业为银行、综合， 跌幅分别为0.77%、0.34%。 资金面上看，两市主力资金全天净流出69.45亿元，今日有11个行业主力资金净流入，电力设备行业主 力资金净流入规模居首，该行业今日上涨2.06%，全天净流入资金31.93亿元，其次是建筑材料行业，日 涨幅为6.06%，净流入资金为20.38亿元。 主力资金净流出的行业有20个，计算机行业主力资金净流出规模居首，全天净流出资金93.19亿元，其 次是电子行业，净流出资金为20.52亿元，净流出资金较多的还有医药生物、银行、通信等行业。 建筑材料行业今日上涨6.06%，全天主力资金净流入20.38亿元，该行业所属的个股共71只，今日上涨的 有68只，涨停的有22只；下跌的有2只。以资金流向数据进行统计，该行业资金净流入的个股有44只， 其中，净流入资金超5000万元的有18只，净流入资金居首的是中材科技，今日净流入资金3.29亿元，紧 随其后的是青龙管业、四川金顶，净流入资金分别为 ...

Group 1 - The humanoid robot concept stocks are experiencing a surge, with Changsheng Bearing (300718) rising over 15% [1] - Jinfa Technology (600143) and Sichuan Jinding (600678) have reached the daily limit up [1] - Xin'an Co., Ltd. (600596), Wolong Electric Drive (600580), and Zhongdali De (002896) are among the top gainers [1] Group 2 - Yushu Technology has initiated the listing guidance process as per the China Securities Regulatory Commission [1]

Core Viewpoint - Sichuan Jinding (Group) Co., Ltd. received an inquiry letter from the Shanghai Stock Exchange regarding its 2024 annual report, prompting the company to provide detailed explanations and disclosures about its revenue, production, and financial practices [1][2]. Revenue Analysis - The company achieved a total operating revenue of 356.75 million yuan in 2024, with a core revenue of 319.44 million yuan after excluding unrelated business income [3]. - Limestone sales contributed 279.25 million yuan, showing a significant year-on-year increase in both production (9.74 million tons, up 339.88 thousand tons) and sales volume (9.71 million tons, up 348.43 thousand tons) [3]. - In Q4 2024, limestone sales revenue reached 123.50 million yuan, accounting for 44.22% of the annual total, with a year-on-year growth of 414.72% and a quarter-on-quarter increase of 77.77% [3][6]. Customer Demand and Market Conditions - The increase in Q4 limestone sales was attributed to rising demand from key customers in the construction materials sector, with significant sales to various companies for construction purposes [5][6]. - The company noted that several infrastructure projects in the region, including highways and water supply projects, have driven demand for limestone and related materials [6]. Production and Operational Efficiency - The company provided detailed monthly data on production personnel, working hours, and resource consumption, indicating a well-matched production capacity with limestone extraction [4][7]. - The operational model involves outsourcing certain services, with the company primarily responsible for site management and safety [7]. Revenue Recognition Practices - The company follows a "goods first, payment later" policy, ensuring that revenue is recognized only upon delivery and transfer of control to customers, in compliance with accounting standards [8][9]. - The audit confirmed that there were no irregularities in revenue recognition practices, and the company adhered to the relevant accounting standards [9][10]. Fixed Assets and Construction Projects - The company reported a fixed asset balance increase of 258 million yuan due to the completion of the comprehensive utilization production line project, which is expected to enhance production capacity significantly [10][11]. - The project is anticipated to generate an additional annual revenue of approximately 100 million yuan, contributing positively to the company's financial performance [16]. Financial Health and Accounts Receivable - As of the end of 2024, the company reported accounts receivable of 44.73 million yuan, a 133.25% increase from the beginning of the year, indicating a growing customer base and sales volume [26][27]. - The company is also managing prepayments effectively, with a balance of 102 million yuan as of Q1 2025, reflecting ongoing business activities and supplier relationships [26].

1 并逐项说明核查结论。 中审亚太会计师事务所(特殊普通合伙) China Audit Asia Pacific Certified Public Accountants LLP 关于四川金顶(集团)股份有限公司 2024 年度报告的信息披露监管工作函的回复 中国 · 北京 BEIJING CHINA 关于四川金顶(集团)股份有限公司 2024 年年度报告的信息披露监管问询函的回复 上海证券交易所上市公司管理一部: 贵部于近日出具的《关于四川金顶(集团)股份有限公司 2024年年度报告 的信息披露监管问询函》(上证公函【2025】0858 号,以下简称"监管问询函") 已收悉。我们对四川金顶(集团)股份有限公司(以下简称"四川金顶"或"公 司")信息披露监管问询函所列问题认真进行了落实,现回复如下,: 一、关于营业收入。公司主要业务包括石灰石开采业务、活性氧化钙生产 业务及物流运输业务。公司 2024 年度实现营业收入 35,674.50 万元,扣除与主 营业务无关的业务收入和不具备商业实质的收入后的营业收入 31.943.50 万元。 其中,石灰石销售收入 27.925.48 万元,同比增幅 63.92%, ...

监管问询函的回复公告 特别提示 本公司及董事会全体成员保证公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 证券代码：600678 证券简称：四川金顶 编号：临2025—044 四川金顶（集团）股份有限公司关于 上海证券交易所对公司2024年年度报告的信息披露 四川金顶（集团）股份有限公司（以下简称"四川金顶"或"公司"） 于 2025 年 6 月 16 日收到上海证券交易所（以下简称"上交所"）出具的 （上证公函【2025】0858 号）《关于四川金顶（集团）股份有限公司 2024 年年度报告的信息披露监管问询函》（以下简称"监管问询函"）。公司及 年审会计师高度重视，立即组织对监管问询函中所涉及的事项进行认真自 查并逐项核实。经公司及相关各方认真核实，现根据《监管问询函》要求 对有关事项补充说明和披露如下（如无特别说明，本回复中使用的简称或 名词释义与《公司 2024 年年度报告》一致）。 一、关于营业收入。公司主要业务包括石灰石开采业务、活性氧化 钙生产业务及物流运输业务。公司 2024 年度实现营业收入 35,674.50 万 元，扣除与主营业务无 ...

Group 1 - The company, Sichuan Jinding (Group) Co., Ltd., expects to achieve a net profit attributable to shareholders of approximately 21 million to 30 million yuan for the first half of 2025, marking a turnaround from a loss to profit [2][4] - The net profit attributable to shareholders after deducting non-recurring gains and losses is estimated to be around 10 million to 15 million yuan [2][4] - The performance forecast period is from January 1, 2025, to June 30, 2025 [3] Group 2 - In the same period last year, the company reported a total profit of -8.99 million yuan and a net profit attributable to shareholders of -11.16 million yuan [6] - The earnings per share for the previous year was -0.0320 yuan [7] Group 3 - The main reasons for the expected turnaround in profit include improvements in the overall economic situation in the country, particularly in the Sichuan region, and the commencement of production at the Jinding Shuncai waste rock (tailings) comprehensive utilization production line [8] - The company has optimized its limestone product structure and experienced significant growth in demand from downstream customers, leading to a substantial increase in main business revenue and net profit compared to the same period last year [8] - Non-recurring gains and losses for the current period mainly stem from the company's decision in the first quarter of 2025 to no longer control a subsidiary, resulting in an investment income of 14.14 million yuan recognized under the equity method [9]

四川金顶7月14日交易公开信息 具体来看，第一大买入营业部及卖出营业部均为国泰海通证券股份有限公司总部，买入金额为2049.35 万元，卖出金额为2694.24万元。 近半年该股累计上榜龙虎榜10次，上榜次日股价平均跌0.20%，上榜后5日平均跌4.44%。 资金流向方面，今日该股主力资金净流出6091.00万元，其中，特大单净流出587.22万元，大单资金净流 出5503.78万元。近5日主力资金净流出3393.19万元。 4月26日公司发布的一季报数据显示，一季度公司共实现营业收入1.26亿元，同比增长46.19%，实现净 利润1803.19万元，同比增长353.64%。（数据宝） 四川金顶(600678)今日上涨0.74%，全天换手率24.82%，成交额8.18亿元，振幅6.75%。龙虎榜数据显 示，营业部席位合计净卖出2701.82万元。 上交所公开信息显示，当日该股因日换手率达24.82%上榜，营业部席位合计净卖出2701.82万元。 证券时报·数据宝统计显示，上榜的前五大买卖营业部合计成交1.23亿元，其中，买入成交额为4799.05 万元，卖出成交额为7500.87万元，合计净卖出2701.82 ...