Group 1 - The company has no involvement in the solid-state battery sector [1]

每经AI快讯，有投资者在投资者互动平台提问：公司在磷化工方面是否有相关的业务？ 中毅达（600610.SH）11月14日在投资者互动平台表示，公司没有磷化工方面的相关业务。 （文章来源：每日经济新闻） ...

Core Viewpoint - Guizhou Zhongyida Co., Ltd. has decided to terminate its application for the issuance of A-shares to specific investors, following the decision from the Shanghai Stock Exchange to end the review process for this issuance [1][2]. Group 1 - The company's board of directors and all directors guarantee that the announcement content does not contain any false records, misleading statements, or major omissions, and they bear legal responsibility for the authenticity, accuracy, and completeness of the content [1]. - On November 7, 2025, the company held the 14th meeting of the 9th board of directors and the 12th meeting of the 9th supervisory board, where the resolution to terminate the issuance of A-shares was approved [1]. - On November 11, 2025, the company and its sponsors submitted applications to withdraw the A-share issuance application and the sponsorship applications to the Shanghai Stock Exchange [2]. Group 2 - The company received the decision from the Shanghai Stock Exchange to terminate the review of its application for the issuance of shares to specific investors on November 11, 2025 [2]. - The termination decision was made in accordance with relevant regulations of the Shanghai Stock Exchange regarding the review of securities issuance [2]. - The announcement was officially made by the board of directors of Guizhou Zhongyida Co., Ltd. on November 12, 2025 [4].

Core Viewpoint - The Shanghai Stock Exchange has decided to terminate the review of Guizhou Zhongyida Co., Ltd.'s application for a specific issuance of shares, following the company's decision to withdraw its application due to ongoing high debt levels and financial instability [2][2][2] Group 1: Company Actions - On November 7, 2025, the company held board meetings to approve the proposal to terminate the issuance of A-shares to specific investors [2] - On November 11, 2025, the company and its sponsors submitted withdrawal applications to the Shanghai Stock Exchange [2] - The company originally planned to issue up to 68.4039 million shares, raising a total of no more than 210 million yuan, intended for working capital and debt repayment [2][2] Group 2: Financial Health - The company's debt-to-asset ratios for the years 2021 to 2024 were reported at 90.32%, 88.89%, 97.88%, and 93.47%, with a ratio of 89.08% reported at the end of Q3 2025 [2] - The consistently high debt levels indicate significant repayment pressure and potential financial instability for the company [2][2] Group 3: Market Reaction - On November 12, 2025, the company's stock price fell by 5.07%, closing at 12.17 yuan per share [2] - Earlier in 2025, the company's stock price surged from 3.78 yuan per share to a peak of 18.96 yuan per share due to rising prices of its main product, pentaerythritol [2][2]

贵州中毅达股份有限公司（以下简称"公司"）于 2025 年 11 月 7 日召开了第 九届董事会第十四次会议、第九届监事会第十二次会议，分别审议通过了《关于 公司终止向特定对象发行 A 股股票的议案》，详情请查阅 2025 年 11 月 8 日披 露于《上海证券报》和上海证券交易所（以下简称"上交所"）网站 （www.sse.com.cn）的《贵州中毅达股份有限公司关于终止向特定对象发行 A 股 股票事项的公告》（公告编号：2025-060）。 2025 年 11 月 11 日，公司和保荐人中信建投证券股份有限公司、信达证券 股份有限公司分别向上交所提交了《贵州中毅达股份有限公司关于撤回向特定对 象发行 A 股股票申请文件的申请》《中信建投证券股份有限公司关于撤销对贵 州中毅达股份有限公司向特定对象发行 A 股股票保荐的申请》和《信达证券股 份有限公司关于撤销对贵州中毅达股份有限公司向特定对象发行 A 股股票保荐 的申请》，申请撤回贵州中毅达股份有限公司的申请文件和申请撤销中信建投证 券股份有限公司、信达证券股份有限公司保荐工作。 2025 年 11 月 11 日，公司收到上交所《关于终止对贵州中毅达股份有限 ...

人民财讯11月12日电，中毅达（600610）11月12日公告，公司收到上交所《关于终止对贵州中毅达股份 有限公司向特定对象发行股票审核的决定》。根据有关规定，上交所决定终止对公司向特定对象发行股 票的审核。此前，公司向上交所提交了关于撤回向特定对象发行股票申请文件的申请。 ...

Group 1 - The core viewpoint of the news is that Zhongyida's stock has shown significant performance, with a year-to-date increase of 204.49% and a recent rise of 15.31% over the past five trading days [1] - As of November 11, Zhongyida's stock price reached 12.88 yuan per share, with a total market capitalization of 13.798 billion yuan [1] - The company has seen substantial trading activity, with a net inflow of main funds amounting to 6.8925 million yuan and significant buying and selling volumes on the trading day [1] Group 2 - Zhongyida's main business involves the production and sales of fine chemical products, with the revenue composition being 61.86% from pentaerythritol series products, 11.91% from edible alcohol, and 10.95% from trimethylolpropane series products [1] - As of September 30, the company reported a revenue of 762 million yuan for the first nine months of 2025, a year-on-year decrease of 6.07%, while the net profit attributable to the parent company was 45.1059 million yuan, showing a significant year-on-year increase of 399.07% [2] - The number of shareholders decreased to 122,600, with the average circulating shares per person remaining at zero [2]

Market Overview - On November 10, the Shanghai Composite Index rose by 0.53%, with the total margin trading balance reaching 25,014.17 billion yuan, an increase of 7.723 billion yuan compared to the previous trading day [1] - The margin trading balance in the Shanghai market was 12,725.21 billion yuan, up by 3.350 billion yuan; in the Shenzhen market, it was 12,209.82 billion yuan, increasing by 4.415 billion yuan; while the North Exchange saw a decrease of 0.042 billion yuan, bringing the total margin trading balance across Shanghai, Shenzhen, and North exchanges to 25,014.17 billion yuan [1] Industry Analysis - Among the industries tracked by Shenwan, 18 sectors saw an increase in margin trading balances, with the power equipment sector leading with an increase of 3.167 billion yuan, followed by the basic chemicals and non-ferrous metals sectors, which increased by 1.539 billion yuan and 1.176 billion yuan, respectively [1] Stock Performance - A total of 1,928 stocks experienced an increase in margin trading balances, accounting for 51.50% of the total, with 356 stocks seeing an increase of over 5% [1] - The stock with the largest increase in margin trading balance was Hai Lu Heavy Industry (002255), which saw its balance rise to 561.48 million yuan, a 67.31% increase from the previous trading day, and its stock price rose by 3.34% [1] - Other notable stocks with significant increases in margin trading balances included Qing Shui Yuan (300437) and Zhong Yi Da (600610), with increases of 61.88% and 46.00%, respectively [1] Top Gainers and Losers - Among the top 20 stocks with the largest increases in margin trading balances, the average stock price rose by 4.39%, with notable gainers including Huasheng Lithium Battery, Qing Shui Yuan, and Dongyue Silicon Material, which increased by 20.00%, 19.99%, and 14.94%, respectively [2] - Conversely, the stocks with the largest declines included Keshida (002518), Jingquan Hua (002885), and C Fengbei (603334), which fell by 6.55%, 6.42%, and 4.23%, respectively [2] Margin Trading Balance Changes - The top 20 stocks with the largest increases in margin trading balances included Hai Lu Heavy Industry (002255), Qing Shui Yuan (300437), and Zhong Yi Da (600610), with respective balances of 561.48 million yuan, 113.33 million yuan, and 228.68 million yuan [3] - In contrast, 1,816 stocks saw a decrease in margin trading balances, with 207 stocks experiencing a decline of over 5%. The largest decrease was recorded by Hanwei Technology, with a margin trading balance of 3.27 million yuan, down by 31.75% [3][4]

Core Viewpoint - The company Zhongyida (600610.SH) has decided to terminate its plan to issue A-shares to specific investors due to changes in the capital market and related policies, and has applied to withdraw the relevant application documents from the Shanghai Stock Exchange [1][2] Group 1: Termination of A-Share Issuance - The company held meetings on November 7, 2025, where the board and supervisory committee approved the termination of the A-share issuance plan [1] - The total amount of funds intended to be raised from the issuance was not to exceed 210 million yuan, which was planned to be used for supplementing working capital and repaying loans [1][2] - The issuance was to involve Tianjin Xinjing, a related party controlled by the company's actual controller, who intended to subscribe to all shares issued [1] Group 2: Financial Performance - The company's revenue for 2023 and 2024 was reported at 1.206 billion yuan and 1.1 billion yuan, respectively, with net losses of 120 million yuan and 14 million yuan [2] - For the first three quarters of 2025, the company reported revenue of 762 million yuan, a year-on-year decrease of 6.07%, but a net profit of 45 million yuan compared to a loss of 15 million yuan in the same period last year [2] - The net profit excluding non-recurring gains and losses for the first three quarters of 2025 was 61 million yuan, compared to a loss of 17 million yuan in the previous year [2]

Core Viewpoint - The company Zhongyida (600610) has terminated its plan for a private placement of A-shares aimed at supplementing cash flow, citing changes in the capital market and related policies as reasons for the decision [1][2]. Group 1: Financing Plan and Execution - The private placement plan had been in progress for over a year, with the company initially planning to issue shares at a price of 3.07 yuan per share to raise up to 210 million yuan [1]. - The funds were intended to alleviate debt pressure, reduce the debt-to-asset ratio, optimize the capital structure, lower financial expenses, and enhance future financing capabilities [1]. - The company reported a current funding gap of 794 million yuan as of December 31, 2024, based on its cash reserves and operational needs [3]. Group 2: Regulatory Scrutiny and Compliance - The Shanghai Stock Exchange raised comprehensive inquiries regarding the legality and compliance of the financing plan, including the necessity of the raised funds and the risk of declining revenue and net profit [2]. - Zhongyida's cash reserves were found to cover operational costs for an average of only 0.78 months, significantly lower than the industry average of 2.85 months [3]. Group 3: Business Operations and Impact - Despite the termination of the private placement, Zhongyida stated that all production and operational activities are continuing normally and that the decision would not adversely affect the company's business operations or shareholder interests [3].