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Anhui Guofeng Plastic Industry Co Ltd

Anhui Guofeng New Materials Co., Ltd. produces plastic films in China and internationally through its subsidiaries. It operates in three segments: Thin Film Material Business, New Energy Vehicle Supporting Material Business, and New Wood-Plastic Material Business. The company offers BOPET, BOPP, and PI films, as well as wood-plastic composite materials and lightweight materials for new energy vehicles. Its products serve the packaging and electronic information material fields. The company also engages in asset management and research and experimental development. It exports to Japan, South Korea, Southeast Asia, Europe, North America, and other regions. Formerly known as Anhui Guofeng Plastic Industry Co., Ltd., it changed its name to Anhui Guofeng New Materials Co., Ltd. in January 2022. Founded in 1998, it is headquartered in Hefei, China.

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000859.CS

Guofeng New Materials posts net loss of 31.81 million yuan in 2026 interim report, narrowing year-on-year

Guofeng New Materials released its 2026 interim report, with net profit attributable to the parent company at negative 31.81 million yuan, an improvement of 8.26 million yuan compared with the same period last year, marking a second consecutive year of narrowing losses. Total operating revenue was 1.168 billion yuan, up 13.96 percent year-on-year. Net cash inflow from operating activities was 31.14 million yuan, a surge of 3019.26 percent year-on-year. The latest gross margin was 6.98 percent, rising for four consecutive quarters. The asset-liability ratio was 41.05 percent, and return on equity was negative 1.18 percent.
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000859.CS2

Guofeng New Materials Subsidiary Relocation Compensation Gain of 32.2618 Million Yuan, First-Half Loss Estimated at 28 to 38 Million Yuan

Guofeng New Materials wholly-owned subsidiary Wuhu Guofeng Plastic Technology signed a Relocation Compensation Agreement with the Wuhu Economic and Technological Development Zone Management Committee, with total compensation of 34.8842 million yuan. As of June 2026, the net asset value of the plant was 2.6224 million yuan, and preliminary estimates show a relocation compensation gain of 32.2618 million yuan, which will have a positive impact on the company's performance. The company expects a net loss attributable to shareholders of 28 to 38 million yuan for the first half of 2026, compared with a loss of 40.0655 million yuan in the same period last year.
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