证券日报网讯保利联合11月20日在互动平台回答投资者提问时表示，公司将围绕"民爆一体化、矿山一 体化"战略，积极推动区域市场拓展及重点项目建设，持续提高经营效益，以促进公司高质量发展。 （文章来源：证券日报） ...

Core Points - The resignation of director Le Yongjian due to job relocation has been officially announced by the company [1] - Le Yongjian held multiple positions including chairman and various committee memberships, with his term originally set to end on August 25, 2027 [1] - The resignation does not affect the minimum number of board members required by law, ensuring the normal operation of the board and the company [1] - The company expresses gratitude for Le Yongjian's contributions during his tenure and will proceed with the necessary procedures for board member replacement [1] Summary by Sections - **Director Resignation** Le Yongjian has submitted his resignation from the company's board and various committee roles due to a job relocation [1] - **Impact on Board Operations** The resignation will not lead to a decrease in the number of board members below the legal minimum, thus maintaining the board's functionality [1] - **Future Actions** The company will follow legal and procedural guidelines to complete the election of a new board member and related follow-up actions [1]

Core Viewpoint - The company announced the resignation of its chairman, Le Yongjian, due to work relocation, effective immediately upon delivery of his resignation letter [1] Group 1 - Le Yongjian has resigned from his positions as a director and chairman of the board of the company [1] - Following his resignation, he will no longer hold any positions within the company or its subsidiaries [1] - The company will expedite the process of selecting a new director in accordance with the Company Law and its Articles of Association [1]

Company Performance - Poly United (SZ 002037) reported third-quarter results on October 30, with revenue approximately 4.604 billion yuan, an increase of 9.17% year-on-year [1] - The net profit attributable to shareholders was a loss of approximately 99.24 million yuan [1] - Basic earnings per share showed a loss of 0.2051 yuan [1]

Core Insights - The company reported a revenue of 1.246 billion yuan for the first three quarters of 2025, representing a year-on-year growth of 5.67% [1] - The net profit attributable to shareholders reached 133 million yuan, showing a year-on-year increase of 23.40% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 130 million yuan, reflecting a year-on-year growth of 26.33% [1]

Core Insights - On October 24, Yahua Group's stock rose by 10.03%, with a trading volume of 2.266 billion yuan [1] - The company reported a financing buy-in of 254 million yuan and a net financing buy of 7.93 million yuan on the same day [1] - As of October 24, the total balance of margin trading for Yahua Group was 711 million yuan, indicating a high level of financing activity [1] Financing Summary - On October 24, Yahua Group had a financing buy-in of 254 million yuan, with a current financing balance of 704 million yuan, accounting for 3.42% of its market capitalization [1] - The financing balance is above the 60th percentile of the past year, indicating a relatively high level of financing [1] - In terms of securities lending, 700 shares were repaid, while 25,900 shares were sold short, with a total short selling amounting to 463,100 yuan [1] Business Performance - As of October 20, Yahua Group had 118,000 shareholders, a decrease of 9.23% from the previous period, while the average circulating shares per person increased by 10.17% to 8,970 shares [2] - For the first half of 2025, the company reported a revenue of 3.423 billion yuan, a year-on-year decrease of 13.04%, while the net profit attributable to shareholders increased by 32.87% to 136 million yuan [2] Dividend and Shareholding Structure - Since its A-share listing, Yahua Group has distributed a total of 1.24 billion yuan in dividends, with 622 million yuan distributed in the last three years [3] - As of June 30, 2025, the top ten circulating shareholders included Hong Kong Central Clearing Limited, which increased its holdings by 4.7384 million shares to 14.782 million shares [3] - New entrants among the top ten shareholders include Southern CSI 1000 ETF and Fuguo Research Selected Flexible Allocation Mixed A, holding 10.634 million shares and 10.3716 million shares, respectively [3]

Core Viewpoint - The company is expanding its operations in Peru and Zambia, which will enhance its competitiveness in the mining services and civil explosives sectors in these regions [1] Group 1: Expansion Plans - The company's explosives factory in Peru is currently in the expansion phase [1] - The explosives factory in Zambia is under construction [1] - Completion of these projects is expected to significantly improve the company's operational synergy in Peru, Zambia, and surrounding areas [1] Group 2: Market Competitiveness - The expansion and construction efforts will further enhance the company's overall competitiveness in overseas markets [1]

Core Insights - The company reported a significant increase in revenue and net profit for the first three quarters of 2025, indicating strong financial performance [1] Financial Performance - The company achieved an operating revenue of 14.552 billion yuan, representing a year-on-year growth of 55.92% [1] - The net profit attributable to shareholders reached 653 million yuan, with a year-on-year increase of 0.54% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 643 million yuan, reflecting a year-on-year growth of 5.49% [1]

Group 1 - The core viewpoint of the news is that Xuefeng Technology's stock has shown a positive performance with a 2.29% increase on October 22, 2023, and significant trading activity in margin financing and securities lending [1] Group 2 - Xuefeng Technology, established on June 27, 1984, and listed on May 15, 2015, is located in Urumqi, Xinjiang, and specializes in the research, production, and sales of civil explosives and related services [2] - The company's main business revenue composition includes: chemical products (44.23%), blasting services (32.15%), liquefied natural gas (9.05%), civil explosive products (6.24%), commodity trading (5.73%), transportation services (1.92%), and others (0.68%) [2] - As of September 30, 2023, the number of shareholders is 42,700, a decrease of 0.98% from the previous period, with an average of 22,788 circulating shares per person, an increase of 0.99% [2] - For the period from January to September 2023, Xuefeng Technology reported operating revenue of 4.183 billion yuan, a year-on-year decrease of 8.28%, and a net profit attributable to shareholders of 394 million yuan, a year-on-year decrease of 34.60% [2] Group 3 - Since its A-share listing, Xuefeng Technology has distributed a total of 849 million yuan in dividends, with 643 million yuan distributed over the past three years [3]

Core Viewpoint - Guangdong Hongda experienced a decline of 5.35% on October 22, with a trading volume of 738 million yuan, indicating market volatility and investor sentiment concerns [1]. Financing Summary - On October 22, Guangdong Hongda had a financing buy-in amount of 47.84 million yuan and a financing repayment of 51.84 million yuan, resulting in a net financing outflow of 3.99 million yuan [1]. - As of October 22, the total financing and securities balance for Guangdong Hongda was 644 million yuan, with the current financing balance of 642 million yuan accounting for 2.26% of the circulating market value, which is above the 70th percentile of the past year [1]. - The company had a securities lending repayment of 1,000 shares and a securities lending sell-out of 1,000 shares on the same day, with a sell-out amount of 37,900 yuan, while the securities lending balance was 2.78 million yuan, below the 40th percentile of the past year [1]. Company Profile - Guangdong Hongda, established on May 14, 1988, and listed on June 12, 2012, is located in Tianhe District, Guangzhou, Guangdong Province. The company specializes in civil explosive products, mining infrastructure, and related services [2]. - The revenue composition of Guangdong Hongda includes open-pit mining (58.54%), industrial explosives (12.43%), underground mining (11.82%), chemical products (10.47%), detonating devices (2.68%), liquefied natural gas (2.39%), defense equipment (0.88%), and others (0.80%) [2]. - As of September 19, the number of shareholders for Guangdong Hongda was 26,100, a decrease of 22.89% from the previous period, while the average circulating shares per person increased by 29.68% to 25,265 shares [2]. Financial Performance - For the first half of 2025, Guangdong Hongda reported a revenue of 9.15 billion yuan, representing a year-on-year growth of 65.64%, and a net profit attributable to shareholders of 504 million yuan, up 22.05% year-on-year [2]. Dividend Information - Since its A-share listing, Guangdong Hongda has distributed a total of 2.248 billion yuan in dividends, with 1.288 billion yuan distributed over the past three years [3]. Institutional Holdings - As of June 30, 2025, notable institutional shareholders include the Fuguo Tianhui Growth Mixed Fund, which is the third-largest shareholder with 15.008 million shares, and several other funds that have recently entered or adjusted their positions in the company [3].