Workflow
陕西北元化工集团股份有限公司

Core Viewpoint - The company is expected to engage in daily related transactions in 2026, which are deemed necessary for its ongoing operations and are conducted under fair market principles [55]. Group 1: Company Overview - The company was established on November 6, 2006, with a registered capital of 222 million yuan and is located in the Shaanxi Province [1]. - The company operates in various sectors, including the manufacturing and sales of petroleum products, chemical products, and biomass fuel processing [1]. Group 2: Financial Performance - As of December 31, 2024, the company reported total assets of 4,282,273.55 million yuan and a net asset of 468,374.14 million yuan, with an asset-liability ratio of 89.06% [19]. - The company achieved a main business income of 106,926.74 million yuan and a net profit of 47,263.48 million yuan for the year 2024 [19]. Group 3: Related Party Transactions - The company has established various agreements with related parties, including supply agreements for raw materials and financial services, which are essential for its operations [38][40][44]. - The agreements are structured to ensure that pricing is determined based on government pricing, guidance, or market rates, ensuring fairness and transparency [41][42][51][53]. Group 4: Related Entities - The company has multiple subsidiaries and related entities, including Shenmu Fuyou, which is 55% owned by Shaanxi Coal and Chemical Industry Group, and reported total assets of 445,967.27 million yuan as of December 31, 2024 [2]. - Other related entities include Shaanxi Coal and Chemical Material Group and Shaanxi Hengyuan Investment Group, which also show positive financial performance and operational stability [7][23].