SHENGDA FORESTRY(SZ:002259) Zheng Quan Ri Bao Wang·2026-02-05 07:26Core Viewpoint - The recent court ruling against Sichuan Shengda Forestry highlights the increasing accountability for securities fraud, emphasizing the need for companies to address historical legal issues while focusing on their core clean energy business. Group 1: Legal Developments - Sichuan Shengda Forestry is involved in 371 securities fraud lawsuits, with a total claim amount of 179 million yuan, of which 5 cases have been withdrawn [1] - The court ruled that Shengda Forestry must compensate 65 plaintiffs 8.8689 million yuan, with the former executives bearing joint liability [2] - The ruling reflects a stronger judicial stance on securities fraud, enhancing the accountability of key individuals in companies [2][3] Group 2: Financial Performance - Shengda Forestry's 2025 performance forecast indicates a significant increase in net profit, expected to be between 110 million to 165 million yuan, representing a year-on-year growth of 816.77% to 1275.15% [3] - The company anticipates a slight decline in net profit after deducting non-recurring items, projected between 22 million to 33 million yuan [3] - The company has reduced interest-bearing debt and financial expenses, which positively impacts its financial performance [3] Group 3: Business Focus and Industry Context - Shengda Forestry has shifted its main business focus to the clean energy sector, operating in natural gas processing, urban gas operations, and gas station management [4] - The company benefits from its strategic location in the northwest region of China, leveraging local natural gas resources and logistics advantages [4] - The clean energy industry is evolving towards regional collaboration and technological innovation, presenting both opportunities and challenges for Shengda Forestry [4]