
HONGDA NEW MATERIAL: The company has been included in the list of dishonest persons subject to enforcement

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ST HONGDA NEW MATERIAL has been listed as a dishonest person by the court due to its failure to pay the pending execution amount on time. This matter has not caused a significant impact on the company's normal operations, and the amount of 8.48 million yuan and related expenses have been recorded as liabilities, with no significant impact on the current net profit. The company has entrusted lawyers to handle this matter, striving to resolve it as soon as possible and fulfill its information disclosure obligations
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