Niutech(SH:688309) Zheng Quan Zhi Xing·2025-07-15 11:13Core Viewpoint - Jinan Hengyu Environmental Protection Technology Co., Ltd. announced a correction to its 2024 annual report, stating that the corrections will not impact the company's financial status or operating results for the year [1][6]. Correction Details - The correction pertains to data entry errors found in the "Management Discussion and Analysis" section, specifically in the "Revenue and Cost Analysis" subsection [1]. - The corrected figures include a total cost of 90,093,027.47 yuan for the current period, which represents a 20.43% increase compared to the previous year's total cost of 74,811,359.24 yuan [5]. Cost Structure Analysis - Direct materials accounted for 72.27% of total costs in the current period, down from 80.97% in the previous year [6]. - Direct labor constituted 3.99% of total costs, an increase from 2.77% year-on-year [6]. - Manufacturing expenses represented 21.56% of total costs, compared to 15.29% in the previous year [6]. Product Cost Breakdown - For the waste tire pyrolysis production line, total costs were 46,611,417.59 yuan, which is a 5.17% increase from 44,318,135.37 yuan in the previous year [5]. - The cost of direct materials for the waste tire pyrolysis line decreased by 14.14% year-on-year [5]. - The total cost for the waste plastic pyrolysis line was 9,443,301.74 yuan, reflecting a 47.21% decrease from the previous year's 17,888,683.79 yuan [5]. Other Notes - The company emphasized that aside from the corrections, all other contents of the 2024 annual report remain unchanged and will not affect the total equity of the owners or the company's profitability [6]. - The updated report is available on the Shanghai Stock Exchange website, and the company expressed apologies for any inconvenience caused to investors [6].