Core Viewpoint - Xinjiang Torch Gas Co., Ltd. announced the resignation of senior management personnel, which may impact the company's operational stability and future strategic direction [2] Company Summary - The company received a resignation report from Mr. Xu Yeming, who served as the Deputy General Manager, citing personal reasons for his departure [2] - Following his resignation, Mr. Xu will not hold any position within the company [2] - For the fiscal year 2024, the company's revenue composition is heavily reliant on urban gas, accounting for 99.17% of total revenue, while other business segments contribute only 0.83% [2]

Group 1 - The company announced the resignation of senior management personnel, Xu Yeming, who stepped down from the position of Deputy General Manager due to personal reasons and will not hold any position in the company after resignation [1][2] - Xu Yeming's resignation is effective immediately upon the delivery of his written resignation report to the board, and he has completed the necessary handover work as per company regulations [2] - The resignation of Xu Yeming is not expected to impact the company's normal production and operations, and he did not hold any shares in the company at the time of his departure [2]

Core Viewpoint - Xinjiang Torch Gas Co., Ltd. reported a significant increase in revenue and net profit for the first half of 2025, indicating strong operational performance and growth potential in the natural gas sector [2][7]. Company Overview and Financial Indicators - The company achieved operating revenue of approximately 782.57 million yuan, a year-on-year increase of 9.94% compared to 711.84 million yuan in the same period last year [2]. - The total profit reached approximately 125.31 million yuan, reflecting a 24.61% increase from 100.56 million yuan in the previous year [2]. - The net profit attributable to shareholders was approximately 102.55 million yuan, up 25.52% from 81.70 million yuan [2]. - The net cash flow from operating activities was approximately 94.72 million yuan, a significant increase of 61.91% from 58.50 million yuan [2]. - The company's total assets at the end of the reporting period were approximately 2.37 billion yuan, a decrease of 1.23% from the previous year [2]. Business Operations - The main business activities include urban gas supply, gas station operation management, urban heating supply, and gas facility installation services [5]. - The company operates a gas sales model targeting residential and commercial users, sourcing natural gas from upstream suppliers and utilizing its own pipeline network for distribution [4]. - The company has established over 40 gas stations in various regions, providing economical and environmentally friendly fuel options [4]. Industry Context - China's natural gas consumption has been on a growth trajectory, with annual consumption increasing from less than 200 billion cubic meters to over 400 billion cubic meters in the past decade, averaging a growth rate of 9% [5]. - As of May 2025, the apparent consumption of natural gas in China was approximately 364.2 billion cubic meters, showing a year-on-year growth of 2.4% [5]. - The domestic natural gas production is steadily increasing, with a reported output of 221 billion cubic meters in May 2025, reflecting a 9.1% year-on-year growth [5]. Competitive Advantages - The company benefits from its strategic location in Kashgar, a key hub for trade and energy in the region, enhancing its market opportunities [7]. - A well-developed gas pipeline network allows for efficient gas distribution and flexibility in sourcing gas from multiple suppliers [8]. - The company enjoys tax incentives due to its operations in the Kashgar Economic Development Zone, which helps reduce operational costs and improve profitability [8].

Core Viewpoint - Xinjiang Torch Gas Co., Ltd. reported a 9.94% increase in operating revenue for the first half of 2025 compared to the same period last year, indicating positive growth in the company's financial performance [1]. Financial Performance - Total assets at the end of the reporting period were approximately 2.37 billion yuan, a decrease of 1.23% from the previous year [1]. - Operating revenue reached approximately 782.57 million yuan, up from 711.84 million yuan, reflecting a growth of 9.94% [1]. - Total profit amounted to approximately 125.31 million yuan, representing a 24.61% increase compared to 100.56 million yuan in the previous year [1]. - Net profit attributable to shareholders was approximately 103.80 million yuan, a 27.26% increase from 81.56 million yuan in the same period last year [1]. Shareholder Information - The total number of shareholders at the end of the reporting period was 17,116 [1]. - The largest shareholder, Jiangxi Zhongran Natural Gas Investment Co., Ltd., holds 40,955,400 shares, accounting for 28.94% of the total shares [2][3]. - The second-largest shareholder, Zhao Anlin, holds 24,070,800 shares, representing 17.01% [2][3]. Corporate Changes - The company announced a change in its controlling shareholder and actual controller, with Jiangxi Zhongran Natural Gas Investment Co., Ltd. becoming the new controlling shareholder [4].

Group 1 - The board of directors of Xinjiang Torch Gas Co., Ltd. held its eighth meeting of the fourth session on August 21, 2025, with all nine directors present, ensuring compliance with relevant laws and regulations [1][2]. - The board approved the semi-annual report for 2025 and its summary, which is available on the Shanghai Stock Exchange website [1][2]. Group 2 - The board also approved the appointment of Mr. Wang Xiaohua as the vice general manager, effective from the date of the board's approval until the end of the current board's term [2]. - Mr. Wang Xiaohua, born in September 1981, has a bachelor's degree and has held various positions, including director of the long-distance department at Kashgar Torch Gas Co., and has been the head of the safety supervision department at Xinjiang Torch since 2018 [2].

证券代码：603080 证券简称：新疆火炬 公告编号：2025-037 新疆火炬燃气股份有限公司 关于高级管理人员辞职的公告 (二) 离任对公司的影响 根据《公司法》及《公司章程》的规定，徐叶明先生上述辞职事项自书面辞 职报告送达董事会之日起生效，徐叶明先生已按公司相关规定做好交接工作，其 离任不会影响公司的正常生产经营。 截至本公告日，徐叶明先生未持有公司股份。徐叶明先生在任职期间勤勉尽 责，公司及董事会对徐叶明先生在任职期间为公司发展所做出的贡献表示衷心的 感谢！ 特此公告。 新疆火炬燃气股份有限公司董事会 本公司董事会及全体董事保证本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。 重要内容提示： 新疆火炬燃气股份有限公司（以下简称"公司"）董事会于近日收到公司高 级管理人员徐叶明先生的辞职报告，其因个人原因申请辞去公司副总经理职务， 辞职后将不在公司担任任何职务。 一、高级管理人员离任情况 (一) 提前离任的基本情况 | 姓名 | 离任职务 | 离任时间 | | | 原定任期 到期日 | | | 离任原因 | 是否继续在上 市公司及其控 | 具体职 ...

新疆火炬燃气股份有限公司 第四届董事会第八次会议决议公告 本公司董事会及全体董事保证本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。 一、董事会会议召开情况 新疆火炬燃气股份有限公司（以下简称"公司"或"新疆火炬"）第四届董 事会第八次会议于2025年8月21日在公司会议室以现场表决方式召开。本次会议 的通知于2025年8月11日以电话、电子邮件方式向各位董事发出。本次会议应出 席董事9人，实际出席董事9人，会议由董事长康青山先生主持。本次会议的召集、 召开符合《公司法》及《公司章程》的有关规定，会议决议合法有效。 二、董事会会议审议情况 证券代码：603080 证券简称：新疆火炬 公告编号：2025-036 表决结果：同意票 9 票、反对票 0 票、弃权票 0 票。 副总经理人选简历： 王晓华先生，1981 年 9 月出生，本科学历，历任喀什火炬燃气有限责任公 司长输部主任、中石油西气东输项目自动化专业负责人、新疆行四方现代物流有 （一）审议通过《<新疆火炬 2025 年半年度报告>及其摘要的议案》 经与会董事表决，审议通过该议案。具体内容详见公司同日 ...

新疆火炬燃气股份有限公司2025 年半年度报告 公司代码：603080 公司简称：新疆火炬 新疆火炬燃气股份有限公司 2025 年半年度报告 2025 年 8 月 1 / 204 新疆火炬燃气股份有限公司2025 年半年度报告 重要提示 一、 本公司董事会及董事、高级管理人员保证半年度报告内容的真实性、准确性、完整性，不 存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 公司全体董事出席董事会会议。 三、 本半年度报告未经审计。 四、 公司负责人陈志龙、主管会计工作负责人岳朝晖及会计机构负责人（会计主管人员）岳朝 晖声明：保证半年度报告中财务报告的真实、准确、完整。 五、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 无 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告所涉及的未来计划、发展战略等前瞻性陈述，不构成公司对投资者的实质性承诺，敬 请投资者注意投资风险。 七、 是否存在被控股股东及其他关联方非经营性占用资金情况 否 八、 是否存在违反规定决策程序对外提供担保的情况 否 九、 是否存在半数以上董事无法保证公司所披露半年度报告的真实性、准确性和完整性 否 十、 重 ...

Group 1 - The company Xinjiang Torch (603080.SH) reported a revenue of 783 million yuan for the first half of 2025, representing a year-on-year growth of 9.94% [1] - The net profit attributable to shareholders of the listed company reached 103 million yuan, showing a year-on-year increase of 25.52% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 104 million yuan, reflecting a year-on-year growth of 27.26% [1] - The basic earnings per share were reported at 0.72 yuan [1]

Group 1 - The company reported a revenue of 783 million yuan for the first half of 2025, representing a year-on-year growth of 9.94% [1] - The net profit for the same period was 103 million yuan, showing a year-on-year increase of 25.52% [1]