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Inner Mongolia Yuan Xing Energy Chairman Steps Down
Express News | Inner Mongolia Yuan Xing Energy: Under investigation by the China Securities Regulatory Commission for suspected failure to timely disclose major litigation involving its equity investment in a subsidiary.
Inner Mongolia Yuan Xing Energy (000683.SZ): Company executives and their relatives did not participate in pure alkali futures trading.
GeLongHui, November 7th - Inner Mongolia Yuan Xing Energy (000683.SZ) stated on the investor interaction platform that company executives and their relatives did not participate in soda ash futures trading. The company reasonably arranges the production and sales plan of soda ash based on market demand, existing production capacity layout, and other factors. Currently, the company's soda ash product production and sales are basically balanced. In the future, the company will ensure customer demand, deepen customer cooperation, mitigate the impact of market price fluctuations on company profits by strengthening internal management, optimizing product structure, improving customer service quality, timely adjusting marketing strategies, and innovating marketing methods.
Major MSCI adjustment! Brokerage stocks are most favored, 20 companies are being removed.
On November 7th, Beijing time, the international index compiler MSCI announced the results of the November stock index review. Among them, 4 Chinese stocks were newly included in the MSCI China Index, while 20 individual stocks were removed. All changes will take effect after the market closes on November 25, 2024.
Inner Mongolia Yuan Xing Energy (000683): Soda ash declines, company performance remains highly stable, cost reduction and production increase have achieved remarkable results.
Since 2024, the price of soda ash has been continuously declining, and by the end of the third quarter, the price has almost halved compared to the beginning of the year. However, the company still achieved a net income attributable to the mother of 0.596 billion, with a net income margin of 18%. And the company achieved net income in the first three quarters.
inner mongolia yuan xing energy (000683) 2024 Third Quarter Report Review: Benefits Released from Phase One in Alashan, Phase Two progressing smoothly.
Event: On October 28, 2024, Inner Mongolia Yuan Xing Energy released the third quarter report of 2024: In the first three quarters of 2024, the company achieved revenue of 10.37 billion yuan, a year-on-year increase of 29%; achieved a net income attributable to the parent of 18 billion yuan.
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