Core Viewpoint - The company Guangda Special Materials (688186.SH) has received a notice from the Wu Zhong District Supervisory Committee in Suzhou, which states that the detention measures against Xu Weiming have been lifted, allowing him to resume his duties as Chairman and General Manager of the company [1] Company Operations - Xu Weiming is now able to perform his responsibilities normally, indicating a return to stable leadership [1] - The company's production and operational status is reported to be normal following the lifting of the detention measures [1]

Core Viewpoint - The company, Guangda Special Materials, announced that the detention measures against its actual controller, Chairman and General Manager Xu Weiming, have been lifted, allowing him to resume his duties [1] Group 1 - The company received a "Notice of Lifting Detention" from the Wu Zhong District Supervisory Committee of Suzhou, indicating that Xu Weiming can now perform his responsibilities normally [1] - On October 15, the company disclosed that it had received a "Notice of Case Filing" and a "Notice of Detention" from the same supervisory committee, which indicated that Xu Weiming was previously subjected to detention measures [1]

Core Points - The company, Guangda Special Materials (688186.SH), has received a notice from the Wu Zhong District Supervisory Committee in Suzhou, stating the lifting of the detention measures against Xu Weiming [1] - Xu Weiming is now able to resume his duties as the Chairman and General Manager of the company [1] - The company's production and operational status is reported to be normal [1]

张家港广大特材股份有限公司董事会 证券代码：688186 证券简称：广大特材 公告编号：2025-117 张家港广大特材股份有限公司 关于公司实控人之一暨董事长兼总经理解除留置的 公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 张家港广大特材股份有限公司（以下简称"公司"）于 2025 年 10 月 15 日披露《关于公司重大事项的公告》（公告编号：2025-116）， 公司实控人之一暨董事长兼总经理徐卫明被实施留置措施。 2025 年 10 月 17 日，公司收到苏州市吴中区监察委员会下发的 《解除留置通知书》，苏州市吴中区监察委员会已解除对徐卫明的留 置措施。目前徐卫明能够正常履行公司董事长兼总经理职责，公司生 产经营情况正常。 公司指定的信息披露媒体为上海证券报（www.cnstock.com）、证 券时报（www.stcn.com）及上海证券交易所网站（www.sse.com.cn）, 公司发布的信息均以在上述指定媒体刊登的信息为准。敬请广大投资 者理性投资，注意投资风险。 特此公告。 2025 年 10 月 1 ...

新京报贝壳财经讯10月17日，广大特材公告，公司实控人之一暨董事长兼总经理徐卫明已于2025年10月 17日被苏州市吴中区监察委员会解除留置措施。目前徐卫明能够正常履行职责，公司生产经营情况正 常。公司此前于2025年10月15日披露了关于公司重大事项的公告，提及徐卫明被实施留置措施。 ...

格隆汇10月17日丨广大特材(688186.SH)公布，2025年10月17日，公司收到苏州市吴中区监察委员会下 发的《解除留置通知书》，苏州市吴中区监察委员会已解除对徐卫明的留置措施。目前徐卫明能够正常 履行公司董事长兼总经理职责，公司生产经营情况正常。 ...

Group 1 - The core viewpoint of the news is that Guangda Special Materials has experienced a significant stock price fluctuation, with a year-to-date increase of 59.39% but a recent decline of 20.91% over the last five trading days [1] - As of October 17, the stock price is reported at 23.90 CNY per share, with a market capitalization of 6.704 billion CNY [1] - The company has seen a net outflow of main funds amounting to 1.6096 million CNY, with large orders showing a buy-sell imbalance [1] Group 2 - As of September 30, the number of shareholders has increased by 4.62% to 20,000, while the average circulating shares per person decreased by 4.42% to 14,016 shares [2] - For the first half of 2025, Guangda Special Materials achieved a revenue of 2.534 billion CNY, representing a year-on-year growth of 34.74%, and a net profit attributable to shareholders of 185 million CNY, reflecting a substantial increase of 332.67% [2] - The company has distributed a total of 329 million CNY in dividends since its A-share listing, with 111 million CNY distributed over the past three years [2]

Core Points - Zhangjiagang Wide Special Materials Co., Ltd. announced that its actual controller and chairman, Xu Weiming, has been placed under detention, leading to a 13.56% drop in stock price from October 15 to October 16, closing at 24.42 yuan per share [1] - The company specializes in high-end steel materials and components for various industries, including renewable energy, rail transportation, and aerospace [1] - For the first half of 2025, the company reported a revenue of 2.534 billion yuan, a year-on-year increase of 34.74%, and a net profit attributable to shareholders of 185 million yuan, a significant increase of 332.67% [1] Company Background - Xu Weiming has held various leadership roles since 1999, including positions at Zhangjiagang Guangda Refractory Materials Co., Ltd. and Zhangjiagang Wide Steel Co., Ltd. He is currently the chairman and general manager of Wide Special Materials [2] - On October 9, the company held a performance briefing, where Xu Weiming participated and addressed investor inquiries. The company also projected a revenue of approximately 3.7 billion yuan for the first three quarters of 2025, reflecting a year-on-year growth of about 25.04% [2] Operational Impact - The company emphasized its robust corporate governance and internal control systems, stating that daily operations are managed by the executive team, and other board members are continuing their duties normally [3] - Legal experts noted that the detention of the general manager could impact daily operations, but it remains unclear if the detention is related to his actions during his tenure as a high-ranking executive [3]

Core Viewpoint - Zhangjiagang Wide Special Materials Co., Ltd. has received a notice of investigation and detention measures against its chairman and general manager, Xu Weiming, but the company asserts that its operations remain stable and unaffected by this event [3]. Group 1: Company Operations - The company has a robust corporate governance structure and internal control system, ensuring that daily operations are managed by the executive team [3]. - As of the announcement date, the company's control has not changed, and all other directors and senior management are performing their duties normally [3]. Group 2: Financial Performance - In the first half of the year, the company reported revenue of 2.534 billion yuan, a year-on-year increase of 34.74% [3]. - The net profit attributable to shareholders reached 185 million yuan, reflecting a significant year-on-year growth of 332.67% [3]. - The net profit after deducting non-recurring gains and losses was 179 million yuan, showing an extraordinary increase of 2139.45% year-on-year [3]. Group 3: Debt Management Strategies - The company is actively enhancing its profitability while improving the collection of accounts receivable, having established a special team led by senior management to ensure efficient progress in acceptance, handover, settlement, and collection [4]. - The company is also engaging with government departments and financial institutions to secure more policy support and financing convenience to mitigate debt risks [4]. - The conversion of the company's convertible bonds has been completed, indicating progress in its debt management efforts [4].

Core Viewpoint - The sudden detention of Xu Weiming, the actual controller and chairman of GuoDa Special Materials, has caused significant turmoil in the capital market, leading to a sharp decline in the company's stock price despite its impressive financial performance this year [1][3][5]. Financial Performance - GuoDa Special Materials is expected to report a non-net profit of 240 million yuan for the first three quarters of the year, representing a year-on-year increase of 458.14% [10]. - The company's revenue for the first three quarters is projected to be 3.7 billion yuan, an increase of 25.04% compared to the previous year [10]. - The stock price surged from 15.34 yuan per share at the beginning of the year to a peak of 32.34 yuan per share by October 10, marking a total increase of 101.9% [5]. Business Operations - The company specializes in high-end steel materials and components for the wind power sector, with its wind power products accounting for 54.86% of total revenue in the 2024 annual report [10]. - GuoDa Special Materials has a well-established corporate governance structure and internal control system, ensuring that daily operations continue normally despite the detention of its actual controller [8]. Management and Governance - Xu Weiming, who has been with the company since its inception in 2006, controls 28.4% of the company's shares, with a direct holding of 5.6% [7]. - The company has emphasized that its management team is capable of maintaining operational stability and strategic focus in the absence of its core leader [13]. Market Impact - Following the announcement of Xu's detention, GuoDa Special Materials' stock opened down 9.38% and experienced a drop of over 17% during trading, closing at 25.44 yuan per share, a decline of 9.95% [3]. - The incident has raised concerns about the company's governance and risk management capabilities, which will be tested in the coming period [13].