Poly Union: Currently, the revenue and collection from the newly added civil explosives and blasting business are normal

On September 23rd, Poly Union stated on the interactive platform that the formation of the company's accounts receivable is related to its business structure and development stage. The company attaches great importance to the collection of historical receivables and is taking multiple measures to organize the collection of receivables. The company currently has normal revenue and collections from its new civil explosives and blasting business

Poly Union: Subsidiary receives criminal indictment

Poly Union's subsidiary, Henan Jiulian Shenwei Explosive Materials Co., Ltd., recently received a criminal indictment from the People's Procuratorate of Xiangcheng County, involving alleged corporate crimes prior to the company's acquisition of Henan Jiulian's equity in 2012. According to the equity transfer agreement, if the original Nanyang Shenwei has significant breaches of contract or conceals illegal activities, the company has the right to seek compensation. The case has not yet gone to trial, and the impact remains uncertain

Poly Union hit the limit down and experienced 2 consecutive trading limits, with a cumulative decline of 18.98% over 2 days

Poly Union: Has laid out a production capacity of 21,000 tons of industrial explosives in Tibet and is actively seeking related projects

Poly Union stated on the interactive platform that the company has established a production capacity of 21,000 tons of industrial explosives in Tibet and is currently actively pursuing related projects. If there are any matters that need to be disclosed, it will strictly fulfill its information disclosure obligations in accordance with regulatory requirements

Yaxia hydropower concept stocks are active again, with Xining Special Steel and other stocks achieving a 2-day consecutive limit up

Yaxia hydropower concept stocks are active again, with Xining Special Steel, Poly Union, GZMB, HUAXIN CEMENT, and Sobute New Materials showing a two-day consecutive rise