Core Viewpoint - A brokerage firm, Yichuang Investment Bank, is under investigation by the China Securities Regulatory Commission (CSRC) for failing to diligently supervise its business activities related to a convertible bond project involving Hongda Xingye Co., Ltd. [2][5] Group 1: Investigation Details - Yichuang Investment Bank received a notice of investigation from the CSRC on October 31, 2025, regarding its role in the 2019 convertible bond project of Hongda Xingye [2][5] - The investigation is focused on allegations that Yichuang Investment Bank did not fulfill its supervisory responsibilities during the project [5] Group 2: Company Background - Hongda Convertible Bonds, which were listed in December 2019, had an issuance scale of 2.427 billion yuan and a duration of 6 years [6] - Yichuang Investment Bank acted as the lead underwriter for the Hongda Convertible Bonds [6] Group 3: Regulatory Actions - In June 2024, the Jiangsu Securities Regulatory Bureau imposed administrative penalties on Hongda Xingye and eight related individuals, with fines ranging from 500,000 yuan to 22 million yuan [6][7] - The actual controller of Hongda Xingye, Zhou Yifeng, received a lifetime ban from the securities market, while the financial director, Lin Guisheng, was banned for 10 years [7][8] Group 4: Misuse of Funds - The Jiangsu Securities Regulatory Bureau found that Hongda Xingye misappropriated funds raised in 2019, with some being used by its controlling shareholder and related parties [7] - The company’s financial reports from 2019 to 2022 contained false records regarding the use of raised funds and failed to disclose significant legal and arbitration matters in a timely manner [7]

Core Viewpoint - The company announced that its wholly-owned subsidiary, First Capital Securities Underwriting and Sponsorship Co., Ltd., is under investigation by the China Securities Regulatory Commission (CSRC) for alleged negligence in its supervisory duties related to the Hongda Xingye Co., Ltd. convertible bond project in 2019 [1][4]. Group 1 - The CSRC has decided to initiate a case against First Capital Securities due to the suspected failure to diligently perform its continuous supervision duties [1]. - The company stated that First Capital Securities will actively cooperate with the CSRC and will strictly adhere to regulatory requirements for information disclosure [4]. - The operational status of the company and First Capital Securities remains normal at this time [4].

第一创业公告，全资子公司第一创业证券承销保荐有限责任公司于2025年10月31日收到中国证监会《立 案告知书》。因一创投行在鸿达兴业股份有限公司2019年可转债项目中，涉嫌持续督导业务未勤勉尽 责，根据《中华人民共和国证券法》《中华人民共和国行政处罚法》等法律法规，2025年10月29日，中 国证监会决定对一创投行立案。 ...

Core Viewpoint - The report by Zhiyan Consulting highlights the growth of China's primary plastic production, projecting a significant increase in output and market potential from 2025 to 2031 [1] Industry Summary - According to the National Bureau of Statistics, China's primary plastic production reached 11.69 million tons in April 2025, marking a year-on-year growth of 12% [1] - From January to April 2025, the cumulative production of primary plastics in China was 46.01 million tons, reflecting a cumulative growth of 10.1% [1] - The report emphasizes the ongoing expansion and future prospects of the plastic products industry in China, indicating a robust market environment for investment [1] Company Summary - Listed companies in the plastic industry include Hengyi Petrochemical (000703), Rongsheng Petrochemical (002493), Shanghai Petrochemical (600688), Sinopec (600028), China National Petroleum (601857), Huajin Co. (000059), Tongkun Co. (601233), Hengli Petrochemical (600346), Satellite Chemical (002648), and ST Hongda (002002) [1] - These companies are positioned to benefit from the anticipated growth in the plastic production sector, aligning with the overall market trends identified in the report [1]

Core Viewpoint - The article discusses ongoing legal actions against Dahua Intelligent (002512) and Hongda Xingye (002002) for alleged violations of securities laws, including issues related to information disclosure and financial misreporting [1][3]. Group 1: Dahua Intelligent (002512) - Dahua Intelligent has been under investigation by the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure laws, leading to a formal case being opened on July 29, 2025 [1]. - The company failed to disclose significant contracts and related financial support matters, as well as related party transactions [1][2]. - Investors who purchased Dahua Intelligent shares between August 27, 2021, and January 1, 2025, and sold or held their shares after January 1, 2025, may be eligible to file claims for compensation [3]. Group 2: Hongda Xingye (002002) - Hongda Xingye is facing legal action for multiple violations, including unauthorized changes to the use of raised funds from 2019 and false reporting in annual and semi-annual reports from 2019 to 2023 [3][4]. - The company allegedly inflated revenue and profits through false accounting practices, leading to misleading financial statements [4][5]. - Investors who bought Hongda Xingye shares between January 6, 2020, and September 23, 2023, and sold or held their shares after September 23, 2023, may also pursue claims for compensation [6].

Core Points - The ongoing investor compensation cases against Haofeng Technology (300419) and Hongda Xingye (002002) due to false statements are being actively pursued by attorney Xu Feng [1][2] - Haofeng Technology has been found to have inflated its 2020 revenue by 73.1285 million yuan, accounting for 11.43% of its total revenue for that year, leading to false records in its annual report [1] - Hongda Xingye has been implicated in multiple violations, including unauthorized changes to the use of raised funds and false records in its annual reports from 2019 to 2022 [2][3][4][5] Haofeng Technology - The investor compensation case has been filed in court, and the company is awaiting further court arrangements [1] - Investors who purchased Haofeng Technology shares between April 26, 2021, and December 27, 2023, may still initiate claims [2] Hongda Xingye - The compensation case for Hongda Xingye has also been filed, with the company awaiting court proceedings [2] - The company has been found to have made false statements regarding its financial reports and the use of raised funds, impacting its reports from 2019 to 2023 [2][3] - Investors who bought Hongda Xingye shares between January 6, 2020, and September 23, 2023, are eligible to file claims [6]

| | | 鸿达兴业股份有限公司 关于公司股票和可转换公司债券终止上市暨摘牌的公告 1 一、终止上市股票的证券种类、简称、代码、终止上市决定日期、摘牌日期 1、证券种类：人民币普通股、可转换公司债券 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 特别提示： 1、公司股票和可转换公司债券已被深圳证券交易所决定终止上市，将在 2024年3月18日被深圳证券交易所摘牌； 2、根据《退市公司可转换公司债券管理规定》第三十条，退市可转债自交 易所摘牌后至挂牌期间不得实施转股、赎回、回售等操作，挂牌后需重新提交 转股、赎回、回售等相关信息。投资者已提交转股、赎回、回售等操作申请， 摘牌前未实施完成的，需待可转债在股转公司挂牌后重新提交操作申请，敬请 投资者注意。 3、结合公司目前的资金状况，存在可转换公司债券回售违约的风险。敬请广 大投资者理性投资，注意风险。 鸿达兴业股份有限公司（以下简称"公司"）于2024年2月26日收到深圳证 券交易所（以下简称"深交所"） 下发的《关于鸿达兴业股份有限公司股票及 可转换公司债券终止上市的决定》（深证上〔2024〕137号），深交 ...

| | | 鸿达兴业股份有限公司 关于法院裁定受理子公司破产重整及指定管理人的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记 载、误导性陈述或重大遗漏。 特别提示： 1、鸿达兴业股份有限公司（以下简称"公司"）孙公司内蒙古中谷矿业有限 责任公司（以下简称"中谷矿业"，内蒙古乌海化工有限公司的全资子公司）已于 2023年12月22日收到鄂尔多斯市中级人民法院（以下简称"鄂尔多斯中院"）送达 的《通知》及内蒙古新中贾矿业有限责任公司（以下简称"新中贾"）《重整申请 书》，申请人新中贾以中谷矿业无法清偿到期债务，资产不足以清偿全部债务且明 显缺乏清偿能力，但具有重整价值和可行性为由，向鄂尔多斯中院申请对中谷矿业 进行破产重整。详见公司《鸿达兴业股份有限公司关于子公司内蒙古中谷矿业有限 责任公司被申请破产重整、内蒙古中科装备有限公司被申请破产清算、西部环保有 限公司被申请破产清算的提示性公告》（临2023-0 6 8）。 5、注册资本：1,000万元人民币 2、中谷矿业于2024年3月15日收到乌海市中级人民法院（以下简称"乌海中院"） 送达的《民事裁定书》【（2024）内03破申1号】、 ...

关于聘请主办券商和可转换公司债券受托管理人的公告 | | | 鸿达兴业股份有限公司 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 一、聘请主办券商和可转换公司债券受托管理人的情况说明 鸿达兴业股份有限公司（以下简称"公司"）于2024年2月26日收到深圳证券 交易所（以下简称"深交所"）下发的《关于鸿达兴业股份有限公司股票及可转 换公司债券终止上市的决定》（深证上〔2024〕137 号），深交所决定终止公司 股票和可转换公司债券上市。 鉴于公司股票和可转换公司债券终止上市后将转入全国股转公司代为管理的 退市板块（以下简称"退市板块"）挂牌转让，根据《深圳证券交易所股票上市 规则》《关于退市公司进入退市板块挂牌转让的实施办法》《退市公司可转换公 司债券管理规定》的相关规定，公司应当聘请具有主办券商业务资格的证券公司 并与其签订相关协议，并应当聘请主办券商为可转换公司债券受托管理人。 公司近日收到深交所下发的《关于鸿达兴业股份有限公司协调确定主办券商 的函》（公司部函〔2024〕第< 138 >号），根据《关于退市公司进入退市板块挂 牌转让的实施办法》第九条的规 ...

特别提示： 1、终止上市的证券种类： （1）人民币普通股，证券简称：ST 鸿达，证券代码 002002； （2）可转换公司债券，债券简称：鸿达转债，债券代码 128085。 2、公司股票和可转换公司债券不进入退市整理期交易。 3、请投资者、证券公司等市场主体在公司股票摘牌前及时了结股票质押式 回购、约定购回、融资融券、转融通、深股通等业务。 | | | 鸿达兴业股份有限公司 关于收到股票及可转换公司债券终止上市决定的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 4、对于将在股票摘牌后至完成退市板块初始登记期间到期的司法冻结业务， 建议有权机关在股票摘牌前通过原协助执行渠道提前办理续冻手续。 5、结合公司目前的资金状况，存在可转换公司债券回售违约的风险。敬请 广大投资者理性投资，注意风险。 鸿达兴业股份有限公司（以下简称"公司"）于 2024 年 2 月 26 日收到深圳 证券交易所（以下简称"深交所"） 下发的《关于鸿达兴业股份有限公司股票及 可转换公司债券终止上市的决定》（深证上〔2024〕137 号），深交所决定公司股 票和可转换公司债券终止上市。 ...