SMIC(SH:600810) Sou Hu Cai Jing·2025-11-28 09:19Core Viewpoint - Shennong Co., Ltd. received a warning letter from the China Securities Regulatory Commission for failing to disclose related party transactions exceeding the annual expected amount, which could lead to further scrutiny and regulatory actions [2] Company Overview - Shennong Co., Ltd. was established on September 10, 1997, with a registered capital of 1,015.08 million RMB, and is headquartered in Pingdingshan, Henan Province [3] - The company specializes in the research, production, and sales of products such as nylon 66 industrial yarn, tire fabric, nylon 66 chips, adipic acid, and nylon 6 chips [3] Management and Structure - The current chairman is Li Benbin, and the board secretary is An Rujia, with a total workforce of 8,131 employees [4] - The actual controller of the company is the State-owned Assets Supervision and Administration Commission of the People's Government of Henan Province [4] Financial Performance - The company's revenue for 2022, 2023, 2024, and the first three quarters of 2025 were 13.559 billion, 12.919 billion, 13.968 billion, and 9.764 billion RMB, with year-on-year changes of -0.22%, -11.34%, 4.08%, and -6.80% respectively [5] - The net profit attributable to shareholders for the same periods were 427 million, 123 million, 33.53 million, and -33.17 million RMB, with year-on-year changes of -79.99%, -69.06%, -77.57%, and -168.36% respectively [5] - The company's asset-liability ratios for the same periods were 62.07%, 62.80%, 59.83%, and 62.49% [5] Risks - The company has a total of 461 risk records, with 93,453 surrounding risks, 307 historical risks, and 518 warning risks according to Tianyancha [5]