Zhong Jin Zai Xian·2025-12-01 13:51Group 1 - The core issue revolves around discrepancies in reported sales figures between JinTi Co. and its related parties, particularly with Western Superconductor and Western Materials, indicating potential inconsistencies in financial reporting [1][2][3] - JinTi Co. reported sales of sponge titanium to Western Superconductor amounting to 238.54 million, 349.96 million, 349.30 million, and 98.90 million for the respective periods, while Western Superconductor's annual report indicated a total of 240.03 million, showing a minor difference of over 1 million [1][3] - For sales to Western Materials, JinTi Co. reported 4.69 million, 96.20 million, 53.94 million, and 0 for the respective periods, while Western Materials' annual report indicated purchases of 133.10 million from JinTi Co., resulting in a discrepancy of over 30 million [1][3] Group 2 - The sales figures for sponge titanium from various suppliers, including JinTi Co. and Western Superconductor, show significant variations across different years, with Western Superconductor's sales peaking at 349.95 million in 2023 [3][6] - The total procurement amount from various suppliers, including those with related party transactions, reached 987.12 million, with a notable percentage of 55.08% attributed to related parties [4][5] - The procurement from Chaoyang Jinda Iron Industry Co., Ltd. amounted to 133.10 million, indicating a substantial transaction volume within the industry [7]