ORIENTAL YUHONG(SZ:002271) Xin Lang Cai Jing·2025-12-23 13:41Core Viewpoint - Oriental Yuhong's U.S. subsidiary OYH Building Materials has reportedly fallen victim to a telecom fraud, resulting in a loss exceeding 12 million yuan (approximately 1.72 million USD) [1][2] Group 1: Incident Details - The fraud involved criminals hacking into the email system and impersonating the general contractor to request payment for construction progress [1] - The company has reported the incident to local law enforcement, including the Harris County Sheriff's Office and the Woodstock Police Department, as well as the FBI [1][2] - A special task force has been established to investigate the incident and manage risk control [2] Group 2: Financial Impact - The company claims that this incident is an isolated occurrence and will not significantly impact its normal operations [2] - The ongoing investigation may lead to uncertain outcomes, and any financial implications will be addressed according to accounting standards [2] Group 3: Company Background and Performance - Oriental Yuhong, known as the "Waterproof King," was established in 1995 and has become a leading provider of high-quality system solutions for various construction projects [4] - The company went public in 2008 and reported a revenue of 32.823 billion yuan in 2023, marking a 46-fold increase from 2008 [4] - For the first three quarters of 2025, the company reported a revenue of 20.601 billion yuan, a year-on-year decline of 5.06%, and a net profit attributable to shareholders of 810 million yuan, down 36.61% [4][11] - In Q3, the company achieved a revenue of 7.032 billion yuan, an increase of 8.51% year-on-year, while the net profit was 245 million yuan, down 26.58% [4][11] Group 4: Strategic Developments - To strategically expand its overseas market, Oriental Yuhong plans to invest approximately 123 million USD to acquire 100% of Chile's Construmart S.A. [5][11]