On May 19th, Nantong Jiangtian Chemical Co., Ltd. (stock abbreviation: Jiangtian Chemical, stock code: 300927) announced abnormal fluctuations in its stock trading. The company’s stock price deviated by more than 30% cumulatively within two consecutive trading days on May 16th and May 19th, 2025, reaching 31.88%. This complies with the abnormal fluctuation situation of stock trading stipulated by the Shenzhen Stock Exchange.
Company Verification and Disclosure
The company’s board of directors has verified the relevant situation with the controlling shareholder and the actual controller. They confirmed that there are no aspects of previously disclosed information that need to be corrected or supplemented. Additionally, there is no major undisclosed information that may or has already had a significant impact on the trading price of the company’s stocks reported by the public media. The company’s recent operation and production situation is normal, with no major changes in the internal and external business environment. The company, its controlling shareholder, and actual controller have no material matters that should be disclosed but have not been disclosed or are in the planning stage. During the period of abnormal stock trading fluctuations, there was no buying or selling of the company’s stocks by the controlling shareholder or actual controller. The company has no other circumstances that violate the regulations on fair information disclosure.
Company Background and Business
According to Tianyancha information, Jiangtian Chemical was established on November 4, 1999, with a registered capital of 144.36 million RMB. Its legal representative is Zhu Hui, and its registered address is No. 16, Central Road, Development Zone. The main business is the research and development, production, and sales of high-end specialized fine chemicals for the downstream deep processing of methanol into the industrial chain.
The current chairman of the company is Zhu Hui, and the secretary of the board is Shi Bin. The company employs 374 people, and the actual controller is the State-owned Assets Supervision and Administration Commission of Nantong Municipal People’s Government. The company has one equity participation company, Nantong Rongyu Industrial Service Co., Ltd.
Financial Performance
From 2022 to 2024, the company’s operating income was 737 million yuan, 709 million yuan, and 688 million yuan, respectively, with year-on-year growth rates of 3.85%, -3.82%, and -2.92%. The net profits attributable to the parent company were 63.7945 million yuan, 68.5469 million yuan, and 298 million yuan, respectively, with year-on-year growth rates of -15.87%, 7.45%, and 334.35%. During the same period, the company’s asset-liability ratios were 19.80%, 31.43%, and 56.22%, respectively.
Risk Profile
Tianyancha information shows that the company has 6 self-Tianyan risks, 187 surrounding Tianyan risks, 0 historical Tianyan risks, and 24 warning alert Tianyan risks.
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