YMCC(SH:600691) Zheng Quan Ri Bao·2025-04-30 00:30Core Viewpoint - The company has reported significant changes in its operational control and financial performance for the first quarter of 2025, particularly regarding the bankruptcy of a subsidiary, which will impact its consolidated financial statements [5][9]. Financial Data Summary - The financial report for the first quarter of 2025 is unaudited, and the company has confirmed the accuracy and completeness of the financial information provided [3][6]. - The company has not included any non-recurring gains or losses in its financial statements for the first quarter [3][4]. Shareholder Information - There are no changes reported in the major shareholders or the status of shares available for lending in the first quarter of 2025 [4]. Operational Performance - The company has disclosed its main operational data for the first quarter of 2025, including revenue, production, and sales figures for its primary products [8]. - The prices of key raw materials have decreased compared to the same period last year, with coal prices down by 12.89%, industrial salt down by 8.29%, and electricity down by 0.47% [9]. Significant Events - On January 15, 2025, the subsidiary, Yangmei Pingyuan Chemical Co., Ltd., was subject to a bankruptcy liquidation application, resulting in the company losing control over it, and it will no longer be included in the consolidated financial statements from January 2025 [5][9].