Qingdao Gon Technology Co Ltd

Guoen Shares announced that it has completed the cancellation of 6.25 million repurchased A-shares, involving an amount of 130 million yuan. The cancellation took effect on July 31, 2026. The cancelled shares accounted for 1.41% of the company's total share capital before the cancellation. After the cancellation, the total share capital decreased from 443 million shares to 437 million shares. The company previously launched a repurchase plan in March 2024, repurchasing a total of 6.25 million shares at an average transaction price of 20.84 yuan per share. The shares were originally intended for an employee stock ownership plan or equity incentives, but after deliberation by the board of directors and shareholders' meeting, the purpose was changed to cancellation and reduction of registered capital.

Guoen Shares disclosed its earnings forecast, expecting a net profit attributable to shareholders of the parent company of 600 million to 750 million yuan for the first half of 2026, representing a year-on-year increase of 73.48% to 116.85%. Deducted non-recurring net profit is expected to be 580 million to 720 million yuan, up 73.78% to 115.73% year-on-year, with basic earnings per share of 1.40 to 1.75 yuan. The company stated that the profit growth was mainly due to accurately assessing upstream petrochemical raw material market trends, leveraging its vertically integrated full-industry-chain layout to ensure core raw material supply chain resilience and consolidate cost advantages, while the benefits of industrial scale continued to materialize and technological innovation drove higher product added value, further enhancing overall profitability.