保利联合股价微跌0.42% 子公司涉垄断遭罚410万元

Core Viewpoint - Poly United's stock price closed at 11.88 yuan on August 20, down 0.42% from the previous trading day, with a trading volume of 267 million yuan and a turnover rate of 4.69% [1] Group 1: Company Performance - The company primarily engages in the research and production of civil explosive materials, with its controlling shareholder being Poly Jiulian Holdings Group [1] - As of the end of the first quarter, the company's debt-to-asset ratio reached 83.27%, indicating a high level of financial leverage [1] Group 2: Regulatory Issues - The company's three subsidiaries were fined a total of 4.1 million yuan by the Shandong Provincial Market Supervision Administration for reaching a price monopoly agreement [1] - Another subsidiary, Henan Jiulian, received a criminal indictment for illegal trading of explosives prior to its acquisition [1] Group 3: Financial Outlook - The company expects to incur a loss of 50 million to 70 million yuan in the first half of 2025, primarily due to credit impairment losses and a decrease in product prices [1] - The high financial expenses are contributing to the anticipated losses [1]