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Baofeng Energy posts 35% revenue jump, scraps supervisory board

August 21, 2025 at 11:52 AM UTCBy FilingReader AI

Ningxia Baofeng Energy Group reported operating revenue of 22.8 billion yuan for the first half of 2025, up 35%. Polyolefin production nearly doubled to 2.4 million tons.

The company is eliminating its board of supervisors as part of governance restructuring. It proposed a cash dividend of 0.28 yuan per share, totaling 2 billion yuan.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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