Core Viewpoint - The environmental impact assessment for the Hunan Xue Tian Salt and Alkali New Materials Co., Ltd. project, a subsidiary of Xue Tian Salt Industry (SH600929), has received preliminary approval, with a total investment of 8.803 billion yuan [1]. Group 1: Project Details - The project is part of the "A-share Green Report" initiative, which aims to enhance transparency in environmental information for listed companies [1]. - The project is located in the Hengyang Green Salt and Alkali Industrial Base and has a total investment amounting to 8.803 billion yuan [1]. Group 2: Company Financials - Xue Tian Salt Industry's main business segments are salt and salt chemicals, contributing 92.47% and 7.53% to revenue, respectively [3]. - The company's market capitalization is approximately 8.811 billion yuan [4]. - Revenue for 2023 is reported at 6.262 billion yuan, with a projected decline to 5.392 billion yuan in 2024 and 2.276 billion yuan in the first half of 2025 [4]. - The net profit attributable to the parent company for 2023 is approximately 708.75 million yuan, with a significant drop to 303.83 million yuan in 2024 [4]. - The company's gross profit margin is expected to decrease from 31.13% in 2023 to 23.45% in the first half of 2025 [4].
雪天盐业控股子公司88.03亿元项目环评获原则同意