Core Viewpoint - Tongde Chemical is facing significant financial challenges due to overdue debts and ongoing litigation related to leasing disputes, which may impact its financial stability and operational capacity [2][6][8]. Debt Overdue - As of September 15, Tongde Chemical and its subsidiary Tongde Kecai Materials Co., Ltd. reported overdue principal debts amounting to 81.81 million yuan, representing 4.10% of the audited net assets for 2024, with overdue interest totaling 1.39 million yuan, leading to a total of 83.21 million yuan in overdue debts [2][3]. - The company is actively negotiating with financial institutions to sign supplementary agreements to extend repayment deadlines and alleviate short-term debt repayment pressure [3][4]. Litigation Disputes - Tongde Chemical and Tongde Kecai have been sued by a financing leasing company for leasing disputes, with the case currently accepted by the court but not yet heard, involving a claim of approximately 85.46 million yuan [6][7]. - The core demands of the plaintiff include payment of unpaid rent, purchase price, and late penalties, with Tongde Chemical potentially liable for joint repayment [6][7]. Financial Performance - In the first half of 2025, Tongde Chemical reported a revenue of 256 million yuan, a year-on-year decrease of 19.32%, and a net profit attributable to shareholders of 11.09 million yuan, down 75.76% [8]. - The decline in performance is attributed to reduced demand for explosives due to a drop in coal production and operational losses in the power business due to limited gas supply [8]. Project Investment - Tongde Kecai was established to advance a project for producing 60,000 tons of biodegradable plastics and 240,000 tons of 1,4-butanediol, with a total budget of 3.479 billion yuan [5]. - The project has faced cost overruns due to rising equipment and raw material prices, contributing to financial strain on the company [5].

Core Viewpoint - Tongde Chemical is facing significant legal and financial challenges due to multiple lawsuits related to financing lease agreements, with total overdue debts exceeding 83 million yuan, which is impacting its operational performance and financial stability [1][4]. Legal Issues - Tongde Chemical and its wholly-owned subsidiary, Tongde Kecai Materials Co., Ltd., are defendants in a lawsuit filed by Qingdao Huayuan Financing Leasing Co., Ltd. over a financing lease contract dispute involving an amount exceeding 85 million yuan [2]. - The lawsuit stems from a contract signed on January 16, where Tongde Kecai began defaulting on payments from the first due date on April 26 [2]. - The court has frozen 87 million yuan of assets from the defendants prior to the trial scheduled for November 10 [2]. Financial Performance - In the first half of 2023, Tongde Chemical reported a revenue of 256 million yuan, a year-on-year decline of 19.32%, and a net profit of 11 million yuan, down 75.76% from the previous year [4]. - The company's overdue debts have rapidly increased, with overdue principal reaching 81.8 million yuan and overdue interest at 1.39 million yuan as of September 15, totaling 83.2 million yuan [4]. - The overdue principal represents 4.10% of the company's audited net assets for 2024 [4]. Debt Management Efforts - The company is working with local government and financial institutions to form a creditors' committee to negotiate debt management strategies, including maintaining credit lines, increasing loan amounts, lowering interest rates, and postponing repayments [5]. - Tongde Chemical is involved in the production and sale of civil explosives and is undergoing a transformation to focus on new energy and new materials sectors [5].

证券代码：002360 证券简称：同德化工 公告编号：2025-097 山西同德化工股份有限公司 关于公司及全资子公司诉讼事项的公告 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.案件所处的诉讼阶段：法院已受理，尚未开庭 2.上市公司及全资子公司所处的当事人地位：被告 3.涉案的金额：原告认定的涉案金额暂合计为人民币 85,463,785.58 元 4.对上市公司损益产生的影响：本次诉讼案件尚未开庭审理，该案件最终 判决结果存在不确定性，尚不能确定对公司本期利润或期后利润的影响。 一、本次诉讼事项的基本情况 2025 年 8 月 1 日，山西同德化工股份有限公司（以下简称"同德化工""公 司"）及公司全资子公司同德科创材料有限公司（以下简称"同德科创"）收到 山东省青岛市崂山区人民法院《民事裁定书》【（2025）鲁 0212 民初 11526 号】， 根据该裁定书，青岛市崂山区人民法院冻结公司前董事长张烘、公司及公司全资 子公司同德科创名下银行存款人民币 8,700 万元或查封、扣押其同等价值的其他 财产，具体情况详见公司于 2025 年 8 ...

Group 1 - The company, Shanxi Tongde Chemical Co., Ltd., has reported overdue debts totaling 81,813,365.24 yuan as of September 15, 2025, which accounts for 4.10% of the company's audited net assets for 2024 [4] - The overdue debts include principal and unpaid interest, with the total amount reaching 83,207,943.48 yuan [4] - The company is actively negotiating with financial institutions to restructure its debt repayment plans to alleviate short-term repayment pressure [4][6] Group 2 - The company has engaged with local government departments to coordinate with banks and financial institutions to mitigate debt risks and repayment pressures [5][6] - A financial creditor committee has been established to facilitate communication with banks, aiming to maintain credit availability and adjust loan terms [6] - The company is implementing measures to enhance operational efficiency, including cost control and asset disposals, to improve its financial situation [6]

证券代码：002360 证券简称：同德化工 公告编号：2025-096 山西同德化工股份有限公司 关于公司及子公司部分债务逾期的进展公告 7、截至 2025 年 9 月 15 日，公司和子公司同德科创等在融资租赁公司等金 融机构的债务逾期情况如下： | 序 | 债权人 | 借款人 | 逾期日 | 逾期金额（元） | 逾期利息（元） | | --- | --- | --- | --- | --- | --- | | 号 | | | | | | | 1 | 青岛华通融资租 | 同德科创 | 2025/4/26 | 10,000,000.00 | 0.00 | | | 赁有限责任公司 | | | | | | 2 | 德银融资租赁有 | 同德科创 | 2025/4/30 | 3,471,952.67 | 0.00 | | | 限公司 | | | | | | 3 | 海通恒信国际融 | 同德科创 | 2025/6/11 | 17,116,606.42 | 0.00 | | | 资租赁有限公司 | | | | | | 4 | 青岛华通融资租 | 同德科创 | 2025/7/26 | 10,000,000.00 | 0.0 ...

Group 1 - The company Tongde Chemical announced the dissolution of its supervisory board [2] - Bai Lijun will no longer serve as the chairman of the supervisory board [2] - Xu Xintian and Wu Yufeng will also cease their roles as non-employee representative supervisor and employee representative supervisor, respectively [2]

Core Viewpoint - Tongde Chemical is facing significant financial distress, highlighted by a lawsuit from Haitong Leasing over a financing lease contract dispute, which has led to overdue debts and frozen bank accounts [2][3][6]. Group 1: Legal and Financial Issues - Tongde Chemical's subsidiary, Tongde Kecai, is being sued by Haitong Leasing for approximately 55.47 million yuan in overdue payments related to a financing lease contract [2][4]. - The lawsuit stems from a financing lease agreement signed in June 2024, where Tongde Kecai failed to pay rent starting from June 2025, leading to claims of serious breach of contract [3][4]. - The company has reported overdue debts exceeding 65.75 million yuan, which accounts for 3.29% of its audited net assets for 2024 [6]. Group 2: Financial Performance - In 2024, Tongde Chemical transitioned from profit to a net loss of 71.99 million yuan, with total revenue declining by 43.52% due to reduced demand for explosives and significant impairment losses [7]. - The first quarter of 2025 saw further declines in revenue and net profit, with year-on-year decreases of 27.67% and 51.51%, respectively [7]. Group 3: Company Response and Future Plans - To address its financial challenges, Tongde Chemical is engaging with government authorities and financial institutions to secure support and avoid loan defaults [7]. - The company is also advancing a 3.5 billion yuan project aimed at establishing an integrated PBAT new materials industry chain, which is expected to generate sustainable cash flow upon completion [7][8]. - Tongde Chemical has completed upgrades to its explosive production line and is working to restore operational performance [8].

Core Points - The company Tongde Chemical announced the election of Mr. Zhang Fuquan as the chairman of the eighth board of directors, with a term ending when the current board's term expires [2] - Mr. Zhang Fuquan will also serve as the chairman of the strategic committee, a member of the nomination committee, compensation and assessment committee, and audit committee [2]

Group 1 - The core point of the article is the election of Mr. Zhang Fuquan as the chairman of the eighth board of directors of Tongde Chemical (002360.SZ) [1] - The election was conducted in accordance with the Company Law and relevant regulations, aiming to improve the governance structure of the board [1] - Mr. Wu Qingwen will no longer act as the chairman following the election of Mr. Zhang Fuquan [1]

Core Viewpoint - Tongde Chemical (002360.SZ) has elected Mr. Zhang Fuquan as the chairman of the eighth board of directors, aiming to enhance the governance structure and promote healthy development of the company [1] Summary by Relevant Sections - **Board Governance** - The election of Mr. Zhang Fuquan as chairman is part of the company's efforts to improve its board governance structure [1] - The decision was made following the review and voting by the attending directors [1] - **Leadership Transition** - Following the election, Mr. Wu Qingwen will no longer act as the company's chairman [1] - The term for Mr. Zhang Fuquan will last until the end of the eighth board's term [1]