HYPC(SZ:000703) 新浪财经·2025-12-04 10:18Core Viewpoint - The incident involving a controversial sign at a company in Qinzhou, Guangxi, has raised concerns about corporate culture and personal freedom, leading to public backlash and subsequent removal of the sign by the company [2][3][5]. Company Overview - The company involved is Guangxi Hengyi New Materials Co., Ltd., a wholly-owned subsidiary of Hengyi Petrochemical (000703.SZ) [7]. - As of mid-2025, Guangxi Hengyi New Materials has a registered capital of 3.955 billion yuan and is primarily engaged in the manufacturing of chemical fiber products [7]. Incident Details - The sign that sparked controversy read "Please consciously give up all freedom upon entering the factory," which was perceived as a restriction on personal freedom [2][5]. - Following public outcry, the sign was removed after intervention from local authorities, with the company stating that any inquiries should be directed to the police [3][8]. Corporate Response - In response to the incident, Hengyi Group replaced the controversial sign with a new message emphasizing safety and collective participation [8][10]. - The company has highlighted its technical and integrated advantages in its ongoing projects, including a significant production facility for caprolactam and polyamide, which is expected to enhance collaboration with its Brunei refining project [11]. Financial Performance - Hengyi Petrochemical reported a revenue of approximately 83.885 billion yuan for the first three quarters of 2025, reflecting a year-on-year decrease of 11.53%, while net profit attributable to shareholders was about 231 million yuan, showing a slight increase of 0.08% [9].