CMST(SH:600787) Sou Hu Cai Jing·2025-12-28 17:45Group 1 - The stock price of China Storage Development Co., Ltd. (600787) closed at 5.7 yuan on December 26, 2025, down by 0.7%, with a turnover rate of 0.83%, a trading volume of 179,100 shares, and a transaction amount of 102 million yuan [1] - On December 26, 2025, the company held its 10th Board of Directors meeting, where it approved the revision of 13 corporate governance documents, including the "General Manager Work Rules," and authorized its subsidiary, China Chengtong Commodity Trading Co., Ltd., to conduct commodity futures hedging business in 2026 with a maximum guarantee amount of 200 million yuan [2][3] - The company also held its second extraordinary general meeting of 2025, where shareholders representing 49.9702% of the total share capital attended, and 99.6158% of A-share shareholders voted in favor of the reappointment of the accounting firm, confirming the legality and validity of the meeting procedures and voting results [2] Group 2 - China Chengtong Commodity Trading Co., Ltd. plans to engage in commodity futures hedging in 2026, focusing on trading copper, aluminum, zinc, lead, nickel, tin, silicon manganese, and other commodities, with a maximum margin requirement of 200 million yuan [3] - The company has completed the registration change, altering its type from "joint-stock company (Hong Kong, Macau, Taiwan and domestic joint venture, listed)" to "joint-stock limited company (listed)," and has received a new business license from the Tianjin Beichen District Market Supervision Administration [3] - Multiple governance documents have been revised to enhance the company's governance structure and internal control system, including the "Audit and Risk Management Committee Annual Report Work Regulations" and "Investor Relations Management Work System" [3]