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]

Core Points - Sichuan Jinding (600678) experienced a stock price increase of 0.74% with a turnover rate of 24.82% and a trading volume of 818 million yuan, showing a price fluctuation of 6.75% [2] - The stock was listed on the Shanghai Stock Exchange's daily trading information due to its high turnover rate, with a net selling amount of 27.0182 million yuan from brokerage seats [2] - The top five brokerage seats accounted for a total trading volume of 123 million yuan, with buying and selling amounts of 47.9905 million yuan and 75.0087 million yuan respectively, resulting in a net selling of 27.0182 million yuan [2] Trading Data - The largest buying and selling brokerage was Guotai Junan Securities Co., Ltd. headquarters, with buying and selling amounts of 20.4935 million yuan and 26.9424 million yuan respectively [2] - In the past six months, the stock has appeared on the trading list 10 times, with an average price drop of 0.20% the day after being listed and an average drop of 4.44% in the following five days [2] - The stock saw a net outflow of 60.91 million yuan in main funds today, with large single orders contributing to a net outflow of 5.50378 million yuan [2] Financial Performance - The company reported a first-quarter revenue of 126 million yuan, representing a year-on-year growth of 46.19%, and a net profit of 18.0319 million yuan, reflecting a year-on-year increase of 353.64% [2]

[Sichuan Goldtop 2025 Semi-Annual Performance Forecast Analysis](index=1&type=section&id=Sichuan%20Goldtop%20(Group)%20Co.%2C%20Ltd.%202025%20Semi-Annual%20Performance%20Forecast) This report analyzes Sichuan Goldtop's 2025 semi-annual performance forecast, detailing the expected turnaround to profit and the underlying reasons [Performance Forecast and Comparison with Prior Period](index=1&type=section&id=I.%20Current%20Period%20Performance%20Forecast) The company anticipates a significant turnaround in its 2025 first-half performance, with net profit attributable to shareholders projected to increase from -11.16 million yuan to a range of 21 million to 30 million yuan, indicating substantial operational improvement 2025 Semi-Annual Performance Forecast vs. Prior Period | Indicator | 2025 Semi-Annual (Forecast) | 2024 Semi-Annual (Actual) | Change | | :--- | :--- | :--- | :--- | | Net Profit Attributable to Parent Company Shareholders | 21 million yuan to 30 million yuan | -11.16 million yuan | Turnaround to Profit | | Net Profit Attributable to Parent Company Shareholders (Excluding Non-Recurring Items) | 10 million yuan to 15 million yuan | -10.58 million yuan | Turnaround to Profit | | Earnings Per Share | - | -0.0320 yuan | Turnaround to Profit | - This performance forecast represents a preliminary estimate by the company's finance department based on operational conditions and has not been audited by a certified public accountant[4](index=4&type=chunk) [Analysis of Turnaround to Profit](index=2&type=section&id=III.%20Primary%20Reasons%20for%20Current%20Period%27s%20Turnaround%20to%20Profit) Performance improvement is primarily attributed to growth in main business operations and non-recurring gains, with main business benefiting from new production line optimization and increased customer demand, while non-recurring gains stem from a 14.14 million yuan investment income from subsidiary equity disposal [Impact of Main Business Operations](index=2&type=section&id=III.%20(I)%20Impact%20of%20Main%20Business%20Operations) Main business revenue and profit significantly increased year-over-year, driven by improved macroeconomic and Sichuan regional economic conditions, alongside optimized limestone product structure from a newly commissioned waste rock utilization production line meeting growing customer demand - The company's performance growth benefited from the overall improvement in national and Sichuan regional economic conditions[6](index=6&type=chunk) - The "Goldtop ShunCai Waste Rock (Tailings) Comprehensive Utilization Production Line Project" officially commenced operations, optimizing the limestone product structure and meeting increased downstream customer demand, thereby significantly boosting main business revenue and net profit[6](index=6&type=chunk) [Impact of Non-Recurring Gains and Losses](index=2&type=section&id=III.%20(II)%20Impact%20of%20Non-Recurring%20Gains%20and%20Losses) Non-recurring gains primarily resulted from a 14.14 million yuan investment income recognized in Q1 2025 due to the disposal of a portion of Kaiwu Information's equity, leading to a change in accounting method from cost to equity method as control was relinquished Details of Non-Recurring Gains and Losses | Item | Amount | Remarks | | :--- | :--- | :--- | | Investment Income from Disposal of Subsidiary Equity | 14.14 million yuan | Due to the disposal of a portion of "Kaiwu Information" subsidiary equity, control was relinquished, and the accounting method changed from cost method to equity method | [Risk Warning and Other Disclosures](index=2&type=section&id=IV.%20Risk%20Warning) The company emphasizes that this performance forecast is a preliminary, unaudited estimate by the finance department, with final data subject to the officially disclosed semi-annual report, and currently no significant uncertainties affect its accuracy - This performance forecast is a preliminary calculation by the company's finance department based on its professional judgment and has not been audited by a certified public accountant[7](index=7&type=chunk) - The final accurate financial data will be subject to the company's officially disclosed 2025 semi-annual report, and investors are advised to be aware of investment risks[8](index=8&type=chunk)

四川金顶（600678）公告，预计2025年半年度实现归属于母公司所有者的净利润约为2100万元至3000万 元，归属于母公司所有者的扣除非经常性损益事项后的净利润约为1000万元至1500万元，净利润实现扭 亏为盈。 ...

Group 1 - Sichuan Jinding (600678) experienced a 6.17% increase in stock price with a turnover rate of 26.84% and a trading volume of 857 million yuan, showing a volatility of 12.77% [2] - The stock was listed on the Shanghai Stock Exchange's daily trading information due to its turnover rate, with a net selling amount of 7.9446 million yuan from brokerage seats [2] - The top five brokerage seats accounted for a total trading volume of 138 million yuan, with buying transactions amounting to 64.7945 million yuan and selling transactions amounting to 72.7391 million yuan, resulting in a net selling of 7.9446 million yuan [2] Group 2 - The largest buying and selling brokerage was Guotai Junan Securities Headquarters, with buying amounting to 25.5579 million yuan and selling amounting to 18.7366 million yuan [2] - Over the past six months, the stock has appeared on the trading list nine times, with an average price drop of 0.31% the day after being listed and an average drop of 5.08% over the following five days [2] - On April 26, the company reported a first-quarter revenue of 126 million yuan, representing a year-on-year growth of 46.19%, and a net profit of 18.0319 million yuan, reflecting a year-on-year increase of 353.64% [2]

Group 1 - The A-share cement and building materials industry showed strong performance at the beginning of the trading session, with Sifang Building Materials hitting the daily limit, and Fujian Cement rising over 9% [1] - Other stocks such as Tapai Group, Shangfeng Cement, Guotong Co., and Sichuan Jinding also experienced gains [1] - Tianfeng Securities reported that the cement industry's Q2 orders corresponded to a year-on-year increase in processing volume [1] Group 2 - Tapai Group recently disclosed an expected net profit growth of 80% to 100% year-on-year for the first half of the year [1]

Overview of Capital Increase - Sichuan Jinding (Group) Co., Ltd. approved a capital increase for its subsidiary, Sichuan New Industry Green Hydrogen Technology Co., Ltd., by introducing Sichuan Xingyong Private Fund Management Co., Ltd. as an investor [1] - The investment amounts to 18 million yuan, with 457,200 yuan allocated to registered capital and 17.54 million yuan to capital reserves [1] - Post-investment, the registered capital of New Industry Green Hydrogen is updated to 10.6172 million yuan, with Xingyong Fund acquiring a 4.31% equity stake [1] Progress of Capital Increase - As of the announcement date, New Industry Green Hydrogen has received the 18 million yuan investment and completed the necessary registration changes, obtaining a new business license from the Chengdu High-tech Industrial Development Zone Market Supervision Administration [2] - The updated registration details include the company name, unified social credit code, type, legal representative, registered capital, establishment date, and business address [2] Shareholder Structure - The shareholder structure post-capital increase includes: - Sichuan Jinding (Group) Co., Ltd. with a contribution of 5.1 million yuan, holding 48.04% of shares - Yili Dynamic Energy (Beijing) Technology Co., Ltd. with 2.9 million yuan, holding 27.31% - Chengdu Electric Hydrogen Zhiyuan Enterprise Management Center (Limited Partnership) with 2 million yuan, holding 18.84% - Wuxi Mingyang Hydrogen Fuel Power Technology Co., Ltd. with 160,000 yuan, holding 1.50% - Sichuan Xingyong Private Fund Management Co., Ltd. with 457,200 yuan, holding 4.31% [3][5]