Core Viewpoint - Xue Tian Salt Industry Group Co., Ltd. has achieved the highest credit rating of "AAA" from Dongfang Jincheng International Credit Rating Co., Ltd., indicating strong market recognition of its capital strength, operational capability, risk management, and development potential [1][3]. Group 1: Company Overview - Xue Tian Salt Industry is the first modern joint-stock company in the national salt industry that integrates production and sales across provinces, focusing on salt and salt chemical core business since its establishment [3]. - The company was successfully listed on the Shanghai Stock Exchange in March 2018, recognized as "China's first salt reform stock" [3]. - As of the end of 2024, the company reported total assets of 10.97 billion yuan, with revenue of 5.392 billion yuan and a net profit of 308 million yuan for the year [3]. Group 2: Credit Rating Significance - The AAA rating is the highest level in corporate credit ratings, indicating a strong ability to repay debts, minimal impact from adverse economic conditions, and very low default risk [3]. - Xue Tian Salt Industry is now the second company in the national salt industry and the third listed company in Hunan's state-owned system to achieve an AAA credit rating [3]. - This top-tier credit endorsement is expected to enhance the company's brand recognition and premium capability in the global market, facilitating cross-border business expansion and internationalization [3]. Group 3: Future Outlook - The company plans to leverage its AAA rating to implement Hunan's modern industrial strategy of "North Petrochemical, South Salt Chemical," aiming to strengthen and extend the salt industry chain [4]. - Xue Tian Salt Industry is committed to becoming a leading enterprise in the salt industry chain and steadily progressing towards its strategic goal of building a first-class salt chemical enterprise [4].
AAA!雪天盐业首获最高信用评级