罕见！老牌上市公司与税务部门各执一词，涉6.57亿元

Core Viewpoint - Hualing Steel announced that its subsidiaries, Hualing Xiangtan Steel and Hualing Lianyuan Steel, will pay a total of 657.34 million yuan in environmental protection tax and late fees due to a self-examination prompted by tax authorities, despite believing they had complied with regulations regarding the disposal of coal tar [2][4]. Financial Summary - The company expects a net profit attributable to shareholders of 2.6 billion to 3 billion yuan for 2025, representing a year-on-year growth of 27.97% to 47.66% [5][6]. - The projected total profit for 2025 is between 4.7 billion and 5.3 billion yuan, an increase of 13.49% to 27.98% compared to the previous year [6]. - The expected net profit after deducting non-recurring gains and losses is estimated to be between 2.3 billion and 2.7 billion yuan, reflecting a growth of 76.14% to 106.78% year-on-year [5][6]. Tax Compliance and Environmental Impact - Hualing Steel's subsidiaries did not report coal tar for tax purposes in previous years, as they believed they had not directly discharged pollutants into the environment [3][4]. - The tax authorities indicated that there were minor deficiencies in the transfer procedures of coal tar during sales, leading to the requirement for tax payment [4]. - The company has completed the ultra-low emission transformation of all its steel bases and has passed the relevant inspections [3]. Market Performance - As of December 31, 2025, Hualing Steel's stock price was 5.62 yuan per share, with a total market capitalization of 38.827 billion yuan [7]. - The stock experienced a slight increase of 0.36% on the reporting date [7].