The First Quarterly Report of Qingsong Jianhua Shocked "Oolong"!

2025-05-13 09:21:42

On May 5, Qingsong Jianhua, the "Xinjiang Regional Cement Leader", issued a correction announcement for the first quarter report of 2025, correcting the number of shares held by Alar State-owned Capital Investment and Operation Group, one of the top ten shareholders with unlimited selling conditions, from 266 million shares to 40.4451 million shares, with a correction ratio of 84.8%. This "data Oolong" has aroused market concern:

Some investors complained: "a company that can even make mistakes in its quarterly report, what else can it do?"

More investors bluntly: "This may mislead investors decision-making.".

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Correlation

The First Quarterly Report of Qingsong Jianhua Shocked "Oolong"!

2025-05-13 09:21:42

CEMPI

105.29

-0.38 -0.36%

CONCPI

94.30

-1.31 -1.37%

CLKPI

104.52

-0.09 -0.09%

SPPI

45.16

+0.02 +0.04%

MORPI

76.51

-0.42 -0.55%

Cement Network Report: Ethiopia Pioneer Cement Plant Expansion Project Completed, Annual Cement Production Capacity Has Reached 20 Million Tons

The expansion project of Pioneer Cement Plant was completed and the Ethiopian President attended the opening ceremony. The project is a joint venture between Egyptian and Chinese investors, creating 550 direct jobs. Ethiopia's mining minister said that the annual cement production capacity reached 20 million tons, and efforts are being made to increase production. Ethiopia has expanded its production capacity in many fields to help the construction industry. Pioneer Cement Plant has put high-quality cement into production, increased production capacity and played an important role in many aspects. The utilization rate of Egyptian cement production capacity is about 50%, and export is crucial to improve the utilization rate, but as a landlocked country, export is facing challenges.