Sinoma-int(SH:600970) Sou Hu Cai Jing·2025-11-02 01:44Summary of Key Points Core Viewpoint - China National Materials International Engineering Co., Ltd. (中材国际) is actively engaging in financial maneuvers, including a proposed bond issuance and ongoing litigation, which may impact its financial standing and operational capabilities [1][2][3]. Group 1: Company Financial Activities - The company plans to issue corporate bonds with a registration limit not exceeding 2 billion yuan, aimed at repaying interest-bearing debts and supplementing working capital [1][3]. - As of October 31, 2025, the company's stock price is 9.52 yuan, reflecting a slight decrease of 0.1% from the previous week, with a total market capitalization of 24.96 billion yuan [1]. Group 2: Legal Matters - The company has initiated legal proceedings against Guangxi Jinxiang Cement Co., Ltd. due to a construction contract dispute, with the amount in question totaling approximately 904.58 million yuan, which includes principal and interest [2][3]. - In the past 12 months, the company has faced a total of 126 other litigation and arbitration cases, with a cumulative disputed amount of about 1.47 billion yuan, indicating ongoing legal challenges [2].