回天新材创始人章锋终审获刑七年九个月、罚金1.5亿元

Core Viewpoint - The recent criminal conviction of Zhang Feng, a significant shareholder of Huitian New Materials, for manipulating the securities market, has been finalized with a sentence of seven years and nine months in prison, along with a fine of 150 million RMB, which is a significant event for the company [2][3]. Company Summary - Huitian New Materials is a leading enterprise in the domestic engineering adhesive industry, focusing on the research, production, and sales of adhesives and new materials for over 40 years [3]. - The company has the largest scale, the most product varieties, and the widest application fields among domestic enterprises in the engineering adhesive sector [3]. - Huitian New Materials has been expanding its market share by focusing on emerging market demands in areas such as photovoltaic new energy, new energy vehicles, high-end electronics, and green packaging [3]. Financial Performance - In the first quarter of 2025, Huitian New Materials reported a revenue of 1.071 billion RMB, representing a year-on-year growth of 10.49% [3]. - The net profit attributable to the parent company was 81.54 million RMB, showing a year-on-year increase of 2.73% [3].