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What does it mean that Qinghai SASAC will no longer include Xigang Group in the scope of financial statements?
Qinghai SASAC will no longer include Xigang Group in the financial statements. The financial data of Xigang Group will no longer be included in the accounts and statements of Qinghai SASAC, nor will it be regarded as a subsidiary under the control of Qinghai SASAC. Relevant public information shows that according to public reports, the State-owned Assets Supervision and Administration Commission of Qinghai Province (hereinafter referred to as "Qinghai SASAC") has decided to exclude Xigang Group from the financial statements of its affiliated enterprises. This means that the financial data of Xigang Group is no longer included in the accounts and statements of Qinghai SASAC, and it is no longer regarded as a subsidiary under the control of Qinghai SASAC.
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