Group 1 - The company will hold its first extraordinary general meeting of shareholders in 2025 on October 10, 2025 [2][18] - The meeting will take place at 11:00 AM at the company's office in Urumqi, Xinjiang [2][11] - Voting will be conducted through a combination of on-site and online methods, utilizing the Shanghai Stock Exchange's network voting system [3][4] Group 2 - The agenda for the meeting includes the approval of several resolutions, including the company's name change and the cancellation of the supervisory board [22][30] - The company will change its name from "Xinjiang Qingsong Building Materials and Chemicals (Group) Co., Ltd." to "Xinjiang Qingsong Building Materials and Chemicals Group Co., Ltd." [22][24] - The supervisory board will be abolished, and its functions will be transferred to the audit committee of the board of directors [23][30] Group 3 - The company plans to issue bonds with a total scale of no more than 1 billion RMB, with a face value of 100 RMB per bond [45][47] - The bonds will have a maximum term of 5 years and will be issued publicly to professional investors [49][53] - The proceeds from the bond issuance will be used to repay debts and supplement working capital [59][61]

Group 1 - The core point of the news is the acquisition of Xinjiang Qingsong Building Materials and Chemical (Group) Co., Ltd. by Xinjiang Zhongxin Jian Energy Mining Group Co., Ltd. through a share transfer, with the financial advisory role undertaken by Hengtai Changcai Securities [1][2] - The share transfer involves 360,922,546 shares, representing 22.49% of the total share capital of Qingsong Jianhua, which has been successfully registered as of November 26, 2024 [2] - The financial advisor confirms that the procedures for the equity change comply with relevant laws and regulations, and the transfer of shares has been legally completed [2][3] Group 2 - During the ongoing supervision period, the corporate governance structures of the listed company, including the shareholders' meeting, board of directors, and supervisory board, have operated independently without any violations of governance and internal control regulations [3] - The information disclosure obligor has adhered to the requirements of the China Securities Regulatory Commission regarding corporate governance and has not engaged in any actions that would harm the interests of Qingsong Jianhua [3][4] - The information disclosure obligor has made commitments to maintain the independence of the listed company in terms of assets, personnel, finance, and operations, and has pledged to avoid any competition with the listed company [4][6] Group 3 - There are currently no plans to change the main business of the listed company or make significant adjustments within the next 12 months [9] - The information disclosure obligor has no plans for major asset sales, mergers, or restructuring of the listed company or its subsidiaries in the upcoming year [10] - There are no proposed changes to the board of directors or senior management of the listed company, nor any plans to amend the company's articles of association [10][11] Group 4 - The information disclosure obligor has no plans for significant changes to employee hiring practices or dividend policies in the near future [12] - There are no other plans that would significantly impact the business or organizational structure of the listed company [12]

Core Viewpoint - The stock of Xinjiang Qingsong Building Materials and Chemical (Group) Co., Ltd. experienced abnormal trading fluctuations, with a cumulative price increase deviation exceeding 20% over three consecutive trading days in August 2025, prompting the company to issue a notice regarding the situation [1][2]. Summary by Sections Stock Trading Abnormal Fluctuation - The company's stock price increased significantly on August 7, 8, and 11, 2025, with a cumulative deviation exceeding 20%, which is classified as abnormal trading behavior according to the Shanghai Stock Exchange rules [1]. Company Operations and Verification - The company confirmed that its production and operational status is normal, with no significant changes in market conditions or industry policies. There are no undisclosed major matters affecting the stock price fluctuations [2]. - A self-examination and written inquiry to the controlling shareholder and actual controller revealed no planned major events that could impact stock trading, including asset restructuring, share issuance, or significant business collaborations [2]. - No insider trading activities were reported among the company's directors, senior management, or major shareholders during the period of abnormal stock trading [2]. Board of Directors' Statement - The board of directors affirmed that there are no undisclosed matters that should have been reported according to the Shanghai Stock Exchange regulations, and previous disclosures do not require correction or supplementation [3]. - The company commits to adhering to legal and regulatory requirements for information disclosure and urges investors to make rational investment decisions [3].

Core Viewpoint - The stock of Xinjiang Qingsong Building Materials Chemical (Group) Co., Ltd. experienced an abnormal trading fluctuation, with a cumulative closing price deviation of 20% over three consecutive trading days [1] Group 1 - Xinjiang Zhongxin New Energy Mining Group Co., Ltd. confirmed that there are no undisclosed significant matters related to Qingsong Building Materials Chemical, including major asset restructuring, share issuance, acquisitions, debt restructuring, business restructuring, asset divestiture, or asset injection [1] - The company also stated that there is no violation of disclosure regulations regarding information related to Qingsong Building Materials Chemical [1]

Core Insights - ST San Sheng reported a significant decline in revenue and net profit for 2024, with total revenue of 1.196 billion yuan, down 41.10% year-on-year, and a net loss of 650 million yuan, reflecting a 43.82% decrease in net profit attributable to shareholders [1][4][5] Revenue Trends - The total revenue of ST San Sheng has shown a downward trend over the past five years, with 2024 revenue at 1.196 billion yuan compared to 2.077 billion yuan in 2023, indicating a substantial decline [2] Profit Trends - The net profit attributable to shareholders has also decreased significantly, with a loss of 650 million yuan in 2024 compared to a loss of 331 million yuan in 2023, highlighting ongoing financial challenges [3] Building Materials and Chemicals Sector - The building materials and chemicals segment faced severe challenges due to a shrinking market demand and supply chain disruptions, leading to a significant drop in revenue and profit [4] - The decline in this sector is attributed to weak demand in the construction industry, rising raw material prices, and increased environmental compliance costs [4] Pharmaceutical Manufacturing Sector - The pharmaceutical manufacturing segment experienced revenue and profit declines due to rising raw material costs and intensified market competition [5] - Challenges in this sector include tight raw material supply, increased procurement costs, and heightened environmental requirements, which have further pressured profit margins [5] Strategic Adjustments and Future Outlook - In response to the challenging market environment, ST San Sheng has implemented strategic adjustments, focusing on core business areas and optimizing management efficiency [6] - The company is enhancing internal resource integration, streamlining production processes, and investing in digital transformation to improve decision-making and operational efficiency [6] - Talent development initiatives and a focus on research and innovation are also part of the company's strategy to strengthen its competitive position for future market recovery [6]

Group 1 - The company will hold the 2024 annual general meeting on April 10, 2025, using a combination of on-site and online voting methods [1] - The company has announced the use of Shanghai Stock Exchange Information Network Co., Ltd. to provide a shareholder meeting reminder service to better serve small and medium-sized investors [2] - Investors will receive smart SMS reminders based on the shareholder register as of the registration date, allowing them to vote directly through the provided instructions [2]