ST合纵：12月23日召开董事会会议

Group 1 - The core point of the article is that ST Hezhong announced a board meeting to discuss the sale of idle fixed assets and provided a breakdown of its revenue composition for the first half of 2025 [1] - The company reported that its revenue composition for January to June 2025 is as follows: lithium battery materials account for 54.58%, power distribution equipment manufacturing for 33.18%, power engineering design services for 11.82%, and electrolytic nickel for 0.43% [1] - As of the report, ST Hezhong has a market capitalization of 3.3 billion yuan [1] Group 2 - The article also highlights the challenges faced by the real estate sector, specifically mentioning a company struggling with a 2 billion yuan maturing debt and ongoing negotiations for debt extension [1] - It notes that there are over 10 billion yuan of public debts maturing next year, indicating potential liquidity issues in the industry [1]