Core Viewpoint - The company, Oriental Yuhong, reported that its wholly-owned subsidiary in the U.S., OYH Building Materials, fell victim to a telecom fraud involving approximately $1.7183 million (about 12.118 million RMB) [1][4]. Group 1: Fraud Incident - OYH Building Materials was targeted by criminals who hacked into the email of the general contractor and forged their identity to request payment [4]. - Upon realizing the fraud, OYH Building Materials reported the incident to local law enforcement and the FBI, and the company will cooperate fully with the investigation to minimize losses [4]. - The company stated that this incident is an isolated occurrence and will not significantly impact its normal operations [4]. Group 2: Financial Performance - For the first three quarters of 2025, the company reported revenue of 20.601 billion RMB, a year-on-year decline of 5.06%, and a net profit attributable to shareholders of 810 million RMB, down 36.61% [5]. - In the third quarter, the company achieved revenue of 7.032 billion RMB, an increase of 8.51% year-on-year, while the net profit attributable to shareholders was 245 million RMB, a decrease of 26.58% [5]. - The company plans to invest a total of $123 million to acquire 100% of Chile's Construmart S.A. as part of its strategy to expand its international market presence [5]. Group 3: Market Expansion - In the first half of the year, the company generated revenue of 576 million RMB from overseas markets, representing a year-on-year growth of 42.16%, with the overseas revenue proportion increasing from 2.66% to 4.25% compared to the same period last year [5]. - The company has been actively enhancing its global market presence through strategic investments and acquisitions [5]. Group 4: Stock Performance - On December 23, the company's stock closed at 13.52 RMB per share, with a market capitalization of 32.3 billion RMB [6].
300亿龙头股,美国全资子公司疑遭电诈