每周股票复盘：宏柏新材（605366）2025年中报净利下降345.4%

Core Viewpoint - The company Hongbo New Materials (605366) has experienced a decline in stock price and significant losses in its financial performance for the first half of 2025, prompting changes in corporate governance and financial strategies [1][3][4]. Stock Performance - As of August 29, 2025, Hongbo New Materials closed at 6.25 yuan, down 4.43% from the previous week [1]. - The stock reached a high of 6.63 yuan and a low of 6.09 yuan during the week [1]. - The company's current market capitalization is 3.952 billion yuan, ranking 111th out of 169 in the chemical products sector and 3881st out of 5152 in the A-share market [1]. Shareholder Changes - As of June 30, 2025, the number of shareholders increased to 27,600, a rise of 3.07% from March 31, 2025 [2]. - The average number of shares held per shareholder decreased from 23,700 to 23,000 shares, with an average holding value of 143,900 yuan [2]. Financial Performance - For the first half of 2025, the company reported a main revenue of 731 million yuan, a slight decrease of 0.16% year-on-year [3]. - The net profit attributable to shareholders was -26.61 million yuan, a significant decline of 345.4% year-on-year [3]. - The company’s second-quarter revenue was 375 million yuan, reflecting a year-on-year growth of 5.7%, but the net profit was -20.99 million yuan, down 657.17% year-on-year [3]. - The company’s debt ratio stands at 48.49%, with a gross profit margin of 7.86% [3]. Corporate Announcements - On August 26, 2025, the company’s board approved the 2025 semi-annual report and a special report on the use of raised funds [4]. - The company plans to conduct foreign exchange hedging activities with a maximum amount of 80 million USD, with a margin and premium cap of 25 million yuan [4]. - The company intends to abolish the supervisory board, transferring its powers to the audit committee of the board, and will revise its articles of association and related systems [4]. - A third extraordinary general meeting of shareholders is scheduled for September 16, 2025, to discuss various proposals, including the foreign exchange hedging business and governance changes [4].