XSS(SH:600117) Jin Rong Jie·2025-08-04 09:01Group 1 - The core viewpoint of the article highlights the significant stock price increase of Xining Special Steel, which closed at 4.99 yuan, up 0.39 yuan or 8.48% on August 4, with a cumulative increase of 112% over 11 trading days since July 21, including 7 days of trading limit [1][3] Group 2 - Xining Special Steel announced on July 30 that there were no undisclosed significant information after self-examination and verification with its controlling shareholder, Tianjin Jianlong Steel Industry Co., Ltd. [3] - The company benefits from the commencement of the Yarlung Tsangpo River Hydropower Station project, having started sales operations in Tibet since 2020, and is recognized as the largest special steel producer in the western region, with products widely used in the automotive and engineering machinery sectors [3] - The steel industry is experiencing a positive shift, with the profit of the black metal smelting and rolling processing industry reaching 46.28 billion yuan in the first half of the year, a year-on-year increase of 1,370%, the highest growth rate among all 31 industrial categories [3] - Companies like Shougang Co. and Guangda Special Materials have reported significant net profit growth in their semi-annual earnings forecasts, with Liugang Co. showing a net profit increase of 530% to 641% [3] Group 3 - Despite the positive industry trends, Xining Special Steel remains in a loss position, with a net profit loss of approximately 247 million yuan in the first half of the year, a year-on-year increase of about 14%, and a loss attributable to shareholders of approximately 234 million yuan, reflecting a year-on-year increase of around 20% [3]