Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In KBR To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in KBR between May 6, 2025 and June 19, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, Sept. 25, 2025 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP ...

Core Viewpoint - The company operates in design, procurement, and construction contracting, with four main business departments focusing on engineering services, project management, and equipment manufacturing. Financial Performance - The company's revenue and net profit growth rates have shown fluctuations over the years, with a notable increase in revenue in 2023 compared to previous years [12][14]. - In the first half of 2025, the company reported a net profit margin of 4.39%, an increase of 0.15 percentage points from the same period last year [17]. Revenue and Profit Trends - The company's revenue for the first half of 2025 was 33.01 billion yuan, with a significant increase in contract assets by 22.81% compared to the previous period [20][25]. - The year-on-year growth rates for revenue and net profit have varied, with the latest data indicating a positive trend in 2023 [12][14]. Asset and Liability Changes - As of the first half of 2025, the company's cash and cash equivalents increased by 17.93%, while contract liabilities rose by 17.83% [25][28]. - The company's total asset ratio for contract liabilities increased by 2.36 percentage points, indicating a growing reliance on contract-based financing [28]. Liquidity Ratios - The company reported a current ratio of 1.48 and a quick ratio of 1.47 in the first half of 2025, reflecting a stable liquidity position [31][33].

Group 1 - The core viewpoint of the article highlights that Sinopec Engineering (02386) experienced a stock price increase of over 6%, closing at HKD 6.55 with a trading volume of HKD 32.34 million [1] - Sinopec Engineering reported a revenue of RMB 31.559 billion for the first half of 2025, reflecting a year-on-year increase of 10.1% [1] - The company's gross profit reached RMB 2.599 billion, up 3.6% year-on-year, while the net profit attributable to shareholders was RMB 1.384 billion, marking a 4.8% increase [1] Group 2 - The basic earnings per share were reported at RMB 0.32, and the company proposed an interim dividend of RMB 0.16 per share [1] - The revenue growth was attributed to major projects such as Huajin, Mango Ethylene, Jihua transformation upgrades, and Saudi Riyas entering peak construction or settlement phases [1] - During the reporting period, the company signed new contracts worth RMB 71.158 billion, a year-on-year increase of 42.1%, with an uncompleted contract amount of RMB 212.276 billion, up 22.9% from December 31, 2024, covering approximately 3.3 times the total revenue for 2024 of RMB 64.198 billion [1]

Group 1 - The core viewpoint is that geopolitical tensions have not hindered Chinese companies from listing in the U.S., with a record number of listings expected in 2024 and 2025 [2] - In 2024, 64 Chinese companies have already listed in the U.S., and 36 more are expected in the first half of 2025, primarily small and medium-sized enterprises, many utilizing SPACs to expedite the process [2] - Over 40 Chinese companies are currently waiting to list on NASDAQ, driven by stricter domestic listing regulations and the attractive valuations in the U.S. market [2] Group 2 - In July 2025, 13 Chinese companies successfully listed in the U.S., all on NASDAQ [3] - The financing landscape for Chinese companies listing in July showed significant stratification, reflecting the flexibility of U.S. capital tools and differing financing strategies among companies [5][11] Group 3 - The SPAC model has emerged as a leading capital tool in the U.S., with A Paradise Acquisition raising $200 million, accounting for over 69% of the total IPO scale for Chinese companies during the same period [6][11] - Companies like Youlan International and Meihua Chuangfu are focusing on core sectors, raising $27 million and $15 million respectively, indicating a trend towards securing funds for technology development and market expansion [8] Group 4 - Smaller companies are adopting a "lightweight listing" strategy, with firms like Weimei Holdings and Anba Finance raising $2.5 million and $5 million respectively, prioritizing brand exposure and flexible post-listing financing [9] - The differentiation in fundraising among Chinese companies is influenced by industry attributes and listing models, with emerging industries attracting more capital due to clear growth potential [11] Group 5 - Foreign institutions are becoming more optimistic about Chinese stocks, as evidenced by the 16.76% increase in the NASDAQ Golden Dragon China Index since the beginning of the year, outperforming major U.S. indices [12] - Approximately 72% of Chinese companies choose to list on NASDAQ, favoring technology and growth-oriented firms, while 25% opt for the NYSE, primarily for established industry leaders [12][13]

Core Points - The article outlines the rules and procedures for the board of directors of China Aluminum International Engineering Corporation, aiming to ensure effective governance and decision-making [1][2][3]. Group 1: General Provisions - The board of directors is established according to the law and is responsible for managing the company's assets and representing the company externally [1]. - The board operates under various legal frameworks, including the Company Law and Securities Law of the People's Republic of China [1]. Group 2: Board Committees - The board has established specialized committees, including the Strategy Committee, Risk Management Committee, Audit Committee, Compensation Committee, and Nomination Committee, to assist in its functions [2][4]. - Each committee is required to develop its own rules of procedure, which must be approved by the board [2]. Group 3: Responsibilities of Committees - The Strategy Committee is tasked with researching and advising on long-term strategies and major investment decisions, as well as monitoring their implementation [3][4]. - The Risk Management Committee focuses on assessing major risks and ensuring the integrity of the company's risk management system [4]. - The Audit Committee is responsible for reviewing financial information, supervising internal controls, and ensuring compliance with accounting standards [5][6]. Group 4: Meeting Procedures - The board meetings are categorized into regular and temporary meetings, with regular meetings held at least four times a year [11][12]. - A quorum for meetings requires the presence of more than half of the directors, including a majority of external directors [13][20]. - Decisions are made based on a majority vote, with each director having one vote [15][20]. Group 5: Documentation and Record Keeping - Detailed records of board meetings must be maintained, including attendance, agenda, and voting results [24][29]. - The board secretary is responsible for preserving meeting records as important company documents [32]. Group 6: Amendments and Effectiveness - The rules and any amendments take effect upon approval by the shareholders' meeting and serve as an attachment to the company's articles of association [26][27].