Core Viewpoint - The chairman and general manager of Guoda Special Materials, Xu Weiming, has been placed under detention measures, raising concerns about the company's governance and operational continuity [4][8]. Company Governance - Guoda Special Materials announced that the company has a robust corporate governance structure and internal control system, ensuring that daily operations are managed by the executive team, while other board members and senior management continue to perform their duties normally [4][8]. - As of the announcement date, the company's control has not changed, and its subsidiaries are operating normally [4]. Executive Profile - Xu Weiming, born in 1968, holds a bachelor's degree in business administration from China University of Geosciences and has served in various managerial roles since 1986, including his current position as chairman and general manager of Guoda Special Materials [5][8]. - Xu's annual salary for 2024 is reported to be 2.1048 million yuan, with a direct shareholding of 12.65 million shares, accounting for 5.6% of the company [5][6]. Financial Performance - Guoda Special Materials is a leading company in the industry with strong smelting capabilities and an integrated industrial chain, primarily focusing on high-end steel materials and components for various sectors, including renewable energy and military equipment [8]. - The company expects to achieve approximately 3.7 billion yuan in revenue for the first three quarters of 2025, representing a year-on-year increase of about 25.04%. The net profit attributable to shareholders is projected to be around 248 million yuan, reflecting a significant year-on-year increase of approximately 213.92% [8]. - The growth in revenue and profit is attributed to improved demand in downstream industries, effective customer order expansion, and successful cost-reduction measures [8]. Market Position - As of October 14, 2023, Guoda Special Materials' stock price is reported at 28.25 yuan per share, with a total market capitalization of 7.9 billion yuan [9][10].
突发!688186,董事长被留置!