Core Viewpoint - Shanxi Tongde Chemical Co., Ltd. has been listed as an executed party by the Shanghai Pudong New District People's Court with an execution target of 10,135,365 yuan as of August 22, 2025 [1][2]. Company Overview - Shanxi Tongde Chemical Co., Ltd. is a leading enterprise in the national civil explosive industry and a specialized and innovative small and medium-sized enterprise in Shanxi Province. The company was restructured into a joint-stock company in 2006 and was listed on the Shenzhen Stock Exchange in March 2010 [3][6]. Financial Performance - In the first half of 2025, the company reported operating revenue of 256 million yuan, a decrease of 19.32% year-on-year. The net profit attributable to shareholders was 11.09 million yuan, down 75.76% year-on-year. The net profit after deducting non-recurring gains and losses was 5.01 million yuan, a decline of 87.45% year-on-year [8][10]. - The basic and diluted earnings per share were both 0.03 yuan, representing a decrease of 72.73% compared to the previous year [10]. - The total assets at the end of the reporting period were approximately 4.62 billion yuan, a decrease of 1.72% from the previous year [10]. Business Operations - The company primarily engages in the research, production, and sales of civil explosives, including various types of explosives such as gel emulsified explosives and ammonium oil explosives. It has a strong market presence in Shanxi Province, which is a key area for civil explosive demand [6][7]. - The company aims to promote high-quality development by accelerating intelligent manufacturing and transformation, with significant improvements in safety production and management levels [7].
同德化工成被执行人,执行标的超千万