房产被查封+停产，金浦钛业又摊上事了

Core Viewpoint - The company faces significant challenges due to a contract dispute leading to asset seizure and ongoing production issues, which may adversely affect its financial performance and operational capacity [1][3][4]. Group 1: Asset Seizure and Financial Impact - The company's subsidiary, Xuzhou Titanium White Chemical Co., is facing a contract dispute with a supplier, resulting in the seizure of properties valued at 146 million yuan, which represents 10.45% of the company's audited net assets for 2024 [1][3]. - The seized properties are under a three-year freeze and have been pledged as collateral for loans from three banks [2]. - If the seized assets are disposed of, it could lead to further negative impacts on the company's financial health [3]. Group 2: Production and Financial Performance - The company announced a production halt for Xuzhou Titanium White due to intensified market competition and declining prices of titanium dioxide, which has led to continuous losses [4]. - The production capacity of Xuzhou Titanium White is 80,000 tons, accounting for 50% of the company's total titanium dioxide production capacity, and the halt is expected to significantly impact revenue in 2026 [4]. - The company has reported consecutive losses from 2022 to 2024, with revenues of 2.51 billion yuan, 2.27 billion yuan, and 2.13 billion yuan, and net losses of 145 million yuan, 175 million yuan, and 244 million yuan respectively, totaling approximately 560 million yuan in losses over three years [5]. - In the first three quarters of 2025, the company achieved revenue of 1.24 billion yuan, a year-on-year decrease of 23.68%, with a net loss of approximately 233 million yuan, marking a staggering year-on-year decline of 325.09% [6]. Group 3: Market Performance - As of January 16, the company's stock price fell by 2.88%, closing at 3.04 yuan per share, with a total market capitalization of 3 billion yuan [7].