Performance Forecast - The company expects a net profit attributable to shareholders of approximately 295 million yuan for the period from January 1, 2025, to June 30, 2025, representing an increase of 88.99% compared to the same period last year, which was 156.09 million yuan [1] - The net profit after deducting non-recurring gains and losses is estimated to be around 133 million yuan, a decrease of 17.98% from the previous year's 162.15 million yuan [1] - The basic earnings per share is projected to be approximately 0.2023 yuan, compared to 0.1070 yuan in the same period last year [1] Communication with Auditor - The company has communicated with Zhongxinghua Certified Public Accountants regarding the performance forecast, and there are no significant disagreements on the forecast [1] - The half-year performance forecast for 2025 has not been audited by the registered accountant [1] Reasons for Performance Changes - The main reason for the profit change is the increase in costs such as labor, vehicle maintenance, and depreciation, which led to a decrease in gross profit from railway transportation by approximately 33 million yuan [1] Subsidiary Bankruptcy - The company's wholly-owned subsidiary, Ningxia Dagu Logistics Co., Ltd., has been accepted for bankruptcy liquidation by the Yinchuan Intermediate People's Court, resulting in the loss of control over the subsidiary [2] - The company will remove Ningxia Dagu Logistics from its consolidated financial statements, leading to a recognition of non-recurring gains of 164.50 million yuan from this investment [2]

Financial Performance - In 2024, the company achieved a revenue of 1,345.32 million CNY, a decrease of 19.21% compared to 2023 [2] - Net profit attributable to shareholders was 263.01 million CNY, an increase of 8.50% from 2023 [2] - The increase in net profit was primarily due to a 3,828 million CNY rise in gross profit from railway transportation, despite a 1,873 million CNY decrease from supply chain trade [2] Client Dependency and Risk Management - The top client accounts for 70% of the company's revenue, raising concerns about operational risk [2] - The main clients are coal and chemical enterprises within the Ningdong Energy Chemical Base, with ongoing transactions deemed necessary for production [3] - Transactions with the State Energy Investment Group and its subsidiaries are conducted at market prices, with no evidence of profit manipulation or harm to the company's interests [3] Infrastructure and Investment Projects - The company operates 315 kilometers of railway, with a total extension of 642 kilometers [3] - A total investment of 1.4865 billion CNY is planned for the electrification and power connection project of the Ningdong Railway, with 639 million CNY already invested, representing 52% completion [3][4] - The project is expected to be completed and enter trial operation by the end of 2025 [3] Future Developments - The company plans to invest 200 million CNY to increase its stake in the Southern Railway for the construction of the railway project from Etuoke Qianqi to Shanghai Miao [3] - There are ongoing discussions regarding the upgrade of old diesel locomotives, with three technical paths proposed by the National Railway Administration [3]

Group 1 - Aishuo Co., Ltd. expects a net loss of 170 million to 280 million yuan for the first half of 2025, with a net loss of 410 million to 520 million yuan after excluding non-recurring gains and losses [1] - Changcheng Military Industry anticipates a net loss of 25 million to 29.5 million yuan for the first half of 2025, with a net loss of 35 million to 41 million yuan after excluding non-recurring gains and losses [1] - Changyuan Donggu expects a net profit of 155 million to 180 million yuan for the first half of 2025, representing a year-on-year increase of 62.65% to 88.88% [1] Group 2 - Beifang Navigation forecasts a net profit of 105 million to 120 million yuan for the first half of 2025, turning around from a loss of 74.2168 million yuan in the same period last year [3] - Xizi Clean Energy expects a net profit of 130 million to 180 million yuan for the first half of 2025, a decrease of 47.40% to 62.01% compared to the same period last year [4] - Tianbao Infrastructure anticipates a net profit of 90 million to 130 million yuan for the first half of 2025, representing a year-on-year increase of 1581.80% to 2329.27% [4] Group 3 - Taiping Bird expects a net profit of approximately 77.7 million yuan for the first half of 2025, a decrease of about 55% compared to the same period last year [6] - Xibu Chuangye forecasts a net profit of approximately 295 million yuan for the first half of 2025, an increase of 88.99% compared to the same period last year [8] - Zhengbang Technology expects a net profit of 190 million to 210 million yuan for the first half of 2025, a year-on-year increase of 249.03% to 264.72% [9] Group 4 - Songzhi Co., Ltd. anticipates a net profit of 140 million to 170 million yuan for the first half of 2025, representing a year-on-year increase of 53.58% to 86.49% [10] - Hailide expects a net profit of 280 million to 310 million yuan for the first half of 2025, a year-on-year increase of 47.65% to 63.47% [12] - Chenhua Co., Ltd. forecasts a net profit of 48.8176 million to 56.6284 million yuan for the first half of 2025, a year-on-year increase of 25% to 45% [13] Group 5 - Yuanlin Co., Ltd. expects a net loss of 68 million to 92 million yuan for the first half of 2025, with a net loss of 70 million to 95 million yuan after excluding non-recurring gains and losses [14] - Chuanhua Zhili anticipates a net profit of 500 million to 550 million yuan for the first half of 2025, representing a year-on-year increase of 72.78% to 90.06% [15] - Longyuan Technology expects a net profit of 26 million to 31 million yuan for the first half of 2025, a year-on-year increase of 116.61% to 158.26% [17] Group 6 - Jiangshan Co., Ltd. forecasts a net profit of 300 million to 360 million yuan for the first half of 2025, a year-on-year increase of 75.65% to 110.78% [32] - Ganli Pharmaceutical expects a net profit of 600 million to 640 million yuan for the first half of 2025, a year-on-year increase of 100.73% to 114.12% [33] - Zhongyan Chemical's subsidiary signed a 6.809 billion yuan mining rights transfer contract [35]

Group 1 - The company, Xibu Chuangye (000557), announced an expected net profit attributable to shareholders of approximately 295 million yuan for the period from January 1, 2025, to June 30, 2025, representing an 88.99% increase compared to the same period last year, which was 156 million yuan [1]

[Ningxia Western Venture Industrial Co., Ltd. 2025 Semi-Annual Performance Forecast](index=1&type=section&id=Ningxia%20Western%20Venture%20Industrial%20Co.%2C%20Ltd.%202025%20Semi-Annual%20Performance%20Forecast) [Current Period Performance Forecast](index=1&type=section&id=Current%20Period%20Performance%20Forecast) The company expects net profit attributable to shareholders for the first half of 2025 to increase year-on-year to approximately 295 million yuan, while net profit after deducting non-recurring gains and losses is projected to decrease to 133 million yuan, indicating a decline in core business profitability 2025 Semi-Annual Performance Forecast | Item | Current Period | Prior Period | | :--- | :--- | :--- | | **Net Profit Attributable to Shareholders** | Profit: approx. **295 million yuan** | Profit: 156.089 million yuan | | Year-on-Year Change | **Increase 88.99%** | - | | **Net Profit After Non-Recurring Gains/Losses** | Profit: approx. **133 million yuan** | Profit: 162.1486 million yuan | | Year-on-Year Change | **Decrease 17.98%** | - | | **Basic Earnings Per Share** | Profit: approx. **0.2023 yuan/share** | Profit: 0.1070 yuan/share | [Communication with Accounting Firm](index=1&type=section&id=Communication%20with%20Accounting%20Firm) The company has pre-communicated with Zhongxinghua Certified Public Accountants (Special General Partnership) regarding the performance forecast, confirming no significant discrepancies, though the forecast remains unaudited - The company has pre-communicated with the accounting firm regarding the performance forecast, with no significant discrepancies identified[4](index=4&type=chunk) - This performance forecast has not been pre-audited by a certified public accountant[4](index=4&type=chunk) [Explanation of Performance Changes](index=2&type=section&id=Explanation%20of%20Performance%20Changes) Profit changes are primarily due to a 33 million yuan decline in railway transportation gross profit from increased costs and a 164.5 million yuan non-recurring investment gain from a subsidiary's bankruptcy liquidation - Gross profit from railway transportation business decreased by approximately **33 million yuan** year-on-year due to increased costs including labor, vehicle overhauls, and depreciation[5](index=5&type=chunk) - The company recognized an investment gain of **164.5002 million yuan** from the bankruptcy liquidation of its wholly-owned subsidiary, Ningxia Dagu Logistics Co., Ltd., which resulted in loss of control and deconsolidation, classifying this as a non-recurring gain[5](index=5&type=chunk) [Risk Warning](index=2&type=section&id=Risk%20Warning) Investors are advised that this performance forecast is preliminary, and final financial data will be based on the audited 2025 Semi-Annual Report, requiring cautious decision-making - This performance forecast is a preliminary estimate, and the final financial data will be subject to the officially released semi-annual report[5](index=5&type=chunk)

关于证券事务代表辞职的公告 宁夏西部创业实业股份有限公司董事会 2025年7月9日 证券代码：000557 证券简称：西部创业 公告编号：2025-26 宁夏西部创业实业股份有限公司 关于证券事务代表辞职的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完 整，没有虚假记载、误导性陈述或重大遗漏。 2025年7月8日，公司董事会收到证券事务代表紫小平女士 的书面辞职报告。紫小平女士因达到法定退休年龄，辞去公司 证券事务代表职务，其辞职报告自送达公司董事会之日起生效。 截至本公告披露日，紫小平女士未持有公司股份，其辞职 后将不在公司及公司控股子公司担任任何职务。公司及公司董 事会对紫小平女士在任职期间为公司做出的贡献表示衷心感 谢！ 紫小平女士已完成所负责相关工作的交接，其辞职不会影 响公司相关工作的正常进行。公司董事会将按照相关规定，尽 快聘任符合任职资格的人员担任证券事务代表，协助董事会秘 书开展工作。 特此公告。 ...

Core Viewpoint - Ningxia Western Entrepreneurship Industrial Co., Ltd. has approved its 2024 annual profit distribution plan, which includes a cash dividend of 0.5 yuan per share, totaling approximately 72.92 million yuan, with no capital reserve conversion into shares [1][2]. Summary by Sections Profit Distribution Plan - The profit distribution plan was approved at the 2024 annual shareholders' meeting held on May 16, 2025, with a cash dividend of 0.5 yuan per share, amounting to a total distribution of 72,918,736.75 yuan [1][2]. - The plan does not include a capital reserve conversion into shares, and the total share capital remains unchanged before and after the distribution [2][3]. Key Dates - The record date for the distribution is set for July 10, 2025, and the ex-dividend date is July 11, 2025 [2][3]. Distribution Method - Cash dividends will be directly credited to the accounts of shareholders through their securities companies on the ex-dividend date [2][3]. Consultation Information - For inquiries, shareholders can contact the company's legal and securities affairs department located in Yinchuan, Ningxia [4].

2024 年年度权益分派实施公告 证券代码：000557 证券简称：西部创业 公告编号：2025-25 宁夏西部创业实业股份有限公司 2024 年年度权益分派实施公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 宁夏西部创业实业股份有限公司（以下简称"公司"）2024 年年度权益分派方案已获 2025 年 5 月 16 日召开的 2024 年度股 东会审议通过，详见公司于 2025 年 4 月 25 日、2025 年 5 月 17 日在《证券时报》、巨潮资讯网披露的《2024 年度利润分配和资 本公积金转增股本方案》（公告编号：2025-12）、《2024 年度股东 会决议公告》（公告编号：2025-20）。现将权益分派事宜公告如 下： 一、股东会审议通过的利润分配方案等情况 （一）公司 2025 年 5 月 16 日召开的 2024 年度股东会审议 通过了《2024 年度利润分配和资本公积金转增股本方案》:以 2024 年 12 月 31 日总股本 145,837.47 万股为基数，每 10 股派 发 0.5 元（含税）现金股利，预计分红 7,291.8 ...

关于子公司破产清算进展情况暨指定管理人接管的公告 2025年6月24日，公司全资子公司宁夏大古物流有限公司 （以下简称"大古物流"）收到宁夏回族自治区银川市中级人 民法院《民事裁定书》（（2025）宁01破申24号），裁定受理 大古物流破产清算申请。 2025年6月30日，大古物流已由法院指定管理人北京大成 （银川）律师事务所接管，并办理完毕相关移交手续。 公司对上述事项已进行了充分披露，详情请查阅2019年10 月15日、2019年10月30日、2019年12月31日、2020年11月13日、 2023年5月23日、2024年8月13日、2024年8月22日、2025年6月 3日、2025年6月27日在《证券时报》、巨潮资讯网披露的《关 于子公司收到<税务处理决定书>的公告》（公告编号：2019- 043）、《关于子公司进行清算的公告》（公告编号：2019-051）、 《关于子公司清算进展情况的公告》（公告编号：2019-061、 — 1 — 证券代码：000557 证券简称：西部创业 公告编号：2025-24 宁夏西部创业实业股份有限公司 关于子公司破产清算进展情况 暨指定管理人接管的公告 本公司及董事会 ...

关于子公司破产清算获法院受理并指定管理人的公告 证券代码：000557 证券简称：西部创业 公告编号：2025-23 宁夏西部创业实业股份有限公司 关于子公司破产清算获法院 受理并指定管理人的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完 整，没有虚假记载、误导性陈述或重大遗漏。 2025 年 6 月 25 日，宁夏西部创业实业股份有限公司（以 下简称"公司"或"西部创业"）全资子公司宁夏大古物流有 限公司（以下简称"大古物流"）转来的宁夏回族自治区银川 市中级人民法院（以下简称"银川中院"）《民事裁定书》［（2025） 宁 01 破申 24 号］和《通知书》［（2025）宁 01 破申 24 号］。 现将相关情况公告如下： 一、大古物流破产清算概述 2023 年 5 月 19 日，大古物流因涉嫌虚开增值税专用发票 被依法提起公诉。2024 年 8 月 9 日，大古物流收到宁夏回族 自治区银川市金凤区人民法院《刑事判决书》（（2023）宁 0106 刑初 113 号）：大古物流犯虚开增值税专用发票罪，判处罚金 2,000,000 元，追缴违法所得 1,463,104.29 元,没收冻结的账 户资 ...