Market Overview - On November 21, the Shanghai State-Owned Enterprise Reform sector fell by 2.97% compared to the previous trading day, with Tibet City Investment leading the decline [1] - The Shanghai Composite Index closed at 3834.89, down 2.45%, while the Shenzhen Component Index closed at 12538.07, down 3.41% [1] Stock Performance - Shanghai Mechanical and Electrical (600835) saw a closing price of 28.29, with an increase of 4.89% and a trading volume of 427,300 shares, amounting to a transaction value of 1.207 billion [1] - Tibet City Investment (600773) experienced a significant drop of 10.02%, closing at 12.93, with a trading volume of 473,100 shares [2] - Hydrogen Alkali Chemical (600618) and Data Port (603881) also faced declines of 9.53% and 7.83%, respectively [2] Capital Flow - The Shanghai State-Owned Enterprise Reform sector saw a net outflow of 2.59 billion yuan from institutional investors, while retail investors had a net inflow of 2.12 billion yuan [2] - The main capital flow data indicates that Shanghai Mechanical and Electrical had a net inflow of 1.20 billion yuan from institutional investors, while retail investors had a net outflow of 43.99 million yuan [3]

Group 1 - The core point of the news is that Huayi Group's stock price dropped by 5.07% to 7.68 CNY per share, with a trading volume of 1.32 billion CNY and a turnover rate of 0.90%, resulting in a total market capitalization of 16.303 billion CNY [1] - Huayi Group, established on August 5, 1992, and listed on December 4, 1992, is primarily engaged in the research, production, and sales of tires, energy chemicals, fine chemicals, and chemical services [1] - The main business revenue composition includes fine chemicals (19.84%), tire manufacturing (12.51%), and various other segments such as energy chemicals and chemical services, with detailed percentages provided for each category [1] Group 2 - Among the top circulating shareholders of Huayi Group, a fund under Huatai-PineBridge Fund ranks first, while the China Securities Shanghai State-Owned Enterprises ETF (510810) reduced its holdings by 982,300 shares in the third quarter, now holding 7.6375 million shares, which is 0.36% of the circulating shares [2] - The China Securities Shanghai State-Owned Enterprises ETF (510810) was established on July 28, 2016, with a latest scale of 7.994 billion CNY, and has recorded a year-to-date return of 7.44% [2] - The fund manager of the China Securities Shanghai State-Owned Enterprises ETF (510810) is Wu Zhenxiang, who has a tenure of 15 years and 293 days, with the fund's total asset scale at 19.781 billion CNY [3]

11月18日，华谊集团盘中下跌2.06%，截至14:10，报8.08元/股，成交1.14亿元，换手率0.74%，总市值 171.52亿元。 资金流向方面，主力资金净流出1255.82万元，特大单买入0.00元，占比0.00%，卖出299.90万元，占比 2.62%；大单买入1529.89万元，占比13.39%，卖出2485.81万元，占比21.75%。 华谊集团所属申万行业为：基础化工-化学原料-煤化工。所属概念板块包括：上海国资、新材料、中 盘、氟化工、锂电池等。 截至9月30日，华谊集团股东户数5.52万，较上期减少4.81%；人均流通股0股，较上期增加0.00%。2025 年1月-9月，华谊集团实现营业收入359.87亿元，同比增长4.43%；归母净利润3.95亿元，同比减少 34.50%。 分红方面，华谊集团A股上市后累计派现42.98亿元。近三年，累计派现10.64亿元。 机构持仓方面，截止2025年9月30日，华谊集团十大流通股东中，香港中央结算有限公司位居第六大流 通股东，持股1382.65万股，相比上期增加317.68万股。中证上海国企ETF（510810）位居第十大流通股 东，持股763.7 ...

Core Viewpoint - The company is currently involved in a lawsuit initiated by Arkema Inc. against its subsidiaries, claiming patent infringement and seeking a total compensation of 430 million RMB [4][5]. Group 1: Lawsuit Details - The lawsuit is at the first instance stage, with the plaintiff changing its claims [2]. - The defendants are the company's wholly-owned subsidiary Shanghai Huayi New Materials Co., Ltd. and its controlling subsidiary Guangxi Huayi New Materials Co., Ltd. [2]. - The total amount involved in the lawsuit is 430 million RMB, along with all litigation costs [3]. Group 2: Progress of the Lawsuit - On November 14, 2025, the company’s subsidiaries received materials from the Shanghai High People's Court, indicating that Arkema Inc. has modified its claims [5]. - The original request for joint compensation of 430 million RMB from both subsidiaries has been altered. Now, the request is for Shanghai Huayi New Materials to compensate the full amount, while Guangxi Huayi New Materials is liable for 110 million RMB of that amount [5]. Group 3: Potential Impact on Company Profits - The outcome of the lawsuit remains uncertain, and its impact on the company's current or future profits will depend on the final court ruling [3][6]. - The company is committed to defending itself and will take necessary legal measures to protect its and its shareholders' rights [6].

证券代码：600623 900909 证券简称：华谊集团 华谊 B 股 公告编号：2025-057 上海华谊集团股份有限公司 重要内容提示： 一、本次诉讼基本情况 上海华谊集团股份有限公司（以下简称"公司"）的子公司 于2024年3月29日收到上海市高级人民法院送达的《民事起诉状》 等法律文书，阿克马公司（Arkema Inc.）对新材料公司和广西新 2025年11月14日，公司子公司收到上海市高级人民法院送达 的案件材料，原告阿克马公司变更了诉讼请求。原请求判令新材 料公司和广西新材料共同赔偿经济损失4.3亿元；现变更为请求 判令新材料公司就其侵权行为赔偿经济损失4.3亿元，广西新材 料对新材料公司应承担赔偿款中的1.1亿元承担连带赔偿责任 （注：总金额4.3亿元未变化）。其他请求不变。 关于子公司涉及诉讼的进展公告 本公司董事会及全体董事保证本公告内容不存在任何虚假 记载、误导性陈述或者重大遗漏，并对其内容的真实性、准确性 和完整性承担法律责任。 1 案件所处的诉讼阶段：一审未判决，原告变更诉讼请求。 上市公司所处的当事人地位：全资子公司上海华谊新材 料有限公司（以下简称"新材料公司"）和控股子公司广 西 ...

Core Viewpoint - The company faces a lawsuit from AkzoNobel, claiming patent infringement by its wholly-owned subsidiary and a controlling subsidiary, seeking economic compensation of 430 million yuan and full coverage of litigation costs [1] Group 1: Lawsuit Details - The lawsuit was filed on March 29, 2024, against the company's subsidiaries [1] - The original claim for compensation was 430 million yuan, with a subsequent request for joint liability of 110 million yuan from the controlling subsidiary [1] - The first instance of the case has not yet reached a verdict, and the impact on the company's profits will depend on the court's final ruling [1]

11月12日，华谊集团发布公告，公司的下属子公司北美销售公司正面临美国商务部的反倾销调查。自 2014年起，该公司受到调查，涉及从中国进口的OTR（非公路用轮胎），并累计计提预计负债2984万美 元。 近日，北美销售公司收到来自美国海关和边境保护局的账单，共计526封，账单总额为2715万美元，其 中反倾销税本金为1558万美元，反补贴税为0.39美元，应计利息为1157万美元。 公告指出，已收到的账单金额未超过预计负债2984万美元，已计提的预计负债能够完全覆盖当前账单， 因此该事项的后续付款工作不会对公司的财务状况产生重大不利影响。公司将继续关注反倾销调查的进 展情况。 业绩方面，2025年前三季度，华谊集团实现营业收入为357.1亿元，同比上升4.7%；归母净利润为3.95 亿元，同比下降34.5%；扣非归母净利润为3.64亿元，同比下降28.8%；经营现金流净额为21.16亿元， 同比增长275.0%；EPS（全面摊薄）为0.1861元。 其中第三季度，公司营业收入为117.1亿元，同比上升0.1%；归母净利润亏损9277万元，同比下降 149%；扣非归母净利润亏损3876万元，同比下降133.5%； ...

Core Viewpoint - The company is currently involved in an anti-dumping investigation by the U.S. Department of Commerce regarding its subsidiary, North America Sales Company, which has resulted in a total bill of $27,149,411.50, aligning with previously estimated liabilities of $29,835,150.60 [1][2] Group 1: Basic Situation - The U.S. Department of Commerce initiated an anti-dumping investigation against North America Sales Company in 2014, proposing anti-dumping duties on OTR tires imported from China [1] - In February 2017, the International Trade Court ruled in favor of the company regarding the anti-dumping duties, but this decision was appealed by the U.S. Department of Commerce in November 2019 [1] - The Federal Circuit Court overturned the 2017 ruling in June 2021, sending the case back to the International Trade Court for further review [1] - In May 2023, the International Trade Court upheld the Department of Commerce's conclusions, and the company appealed this decision in September 2023 [1] - On April 28, 2025, the Federal Circuit Court dismissed the company's appeal, leading to the receipt of 526 bills from U.S. Customs and Border Protection [1] Group 2: Financial Impact - The total amount received in bills is $27,149,411.50, which does not exceed the estimated liability of $29,835,150.60, indicating that the company has sufficient provisions to cover the received bills [2] - The ongoing payment obligations related to this matter are not expected to have a significant adverse impact on the company's financial condition [2]

Acquisition - Beijing Holdings' wholly-owned subsidiary, Beijing Gas, has signed a share acquisition agreement to purchase 100% equity of Beijing Beiran Special Equipment Inspection and Testing Co., Ltd. from Beiran Industry for a transaction price of 54.6 million yuan [1] Financial Performance - BeiGene reported a third-quarter revenue of 10.077 billion yuan, representing a year-on-year increase of approximately 41.10%, with a net profit attributable to shareholders of 689 million yuan and basic earnings per share of 0.48 yuan [2] - For the first three quarters, BeiGene achieved a total revenue of 27.595 billion yuan, up approximately 44.20%, with a net profit of 1.139 billion yuan and basic earnings per share of 0.81 yuan [2] Shareholding Changes - Ruimait announced that its major shareholder and director, Chen Bei, plans to reduce his holdings by no more than 1.76% of the company's shares, equating to 1.568 million shares, due to personal financial arrangements [3] - Haodangjia's controlling shareholder intends to reduce its stake by up to 2.70%, which amounts to 3.9468 million shares, through centralized bidding and block trading [4] - Bluetian Gas's controlling shareholder, Bluetian Group, has increased its stake by 2.00%, acquiring 14.291956 million shares for a total investment of 141 million yuan [5] Legal and Compliance Issues - North Medical's chairman, Xu Xiren, has been approved for arrest due to suspected criminal activity, with the company's board member Chen Yuezhong temporarily taking over the chairman's responsibilities [6] - Zhonggong Education's shareholder Wang Zhendong has had part of his shares judicially frozen, totaling 53.3 million shares, due to a loan dispute amounting to 142 million yuan [7] Financial Liabilities - Huayi Group has received a bill totaling 27.1494 million USD related to an anti-dumping investigation by the U.S. Department of Commerce, with an estimated liability of 29.84 million USD already accrued [8] - Chitianhua's wholly-owned subsidiary is required to pay back taxes and late fees totaling 25.1142 million yuan, which have been fully paid without administrative penalties from tax authorities [9]

证券代码：600623 900909 股票简称：华谊集团 华谊 B 股 编号：2025-056 公司在定期报告中持续披露了美国商务部对公司下属子公司中国北美轮胎 联合销售公司（以下简称"北美销售公司"）进行反倾销调查的进展情况，并累 计计提预计负债 2984 万美元。近日，北美销售公司陆续收到美国海关和边境保 护局寄来的账单。现将有关情况公告如下： 2、公司将密切关注本次反倾销的进展情况并履行相关信息披露义务，敬请 广大投资者注意投资风险。 特此公告。 1 上海华谊集团股份有限公司 一、基本情况 美国商务部于 2014 年对北美销售公司进行反倾销调查，拟对其从中国进口 的 OTR（非公路用轮胎）征收反倾销税。2017 年 2 月，国际贸易法院对中国载 重胎反倾销税的案件做出胜诉的裁决。2019 年 11 月，美国商务部就该项裁决向 联邦巡回上诉法院提起上诉。2021 年 6 月，联邦巡回上诉法院推翻了 2017 年 2 月国际贸易法院的裁决，该案件被发回国际贸易法院继续审理。2023 年 5 月， 国际贸易法院做出了维持美国商务部结论的决定。2023 年 9 月，北美销售公司 对国际贸易法院的决定提起上诉至联 ...