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Anhui ANLI Artificial Leather

Anhui Anli Material Technology Co., Ltd. researches, develops, produces, and sells ecological functional polyurethane synthetic leather, polyurethane resin products, and other polymer composite materials in China. Its products are used in footwear, sofa furniture, automotive interiors, packaging and electronic packaging, balls and sports goods, architectural decoration, handbags and suitcases, and stationery packaging. The company also exports its products. Formerly known as Anhui ANLI Artificial Leather Co., Ltd., it changed its name to Anhui Anli Material Technology Co., Ltd. in May 2015, and was founded in 1994 in Hefei City, China.

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Anli Technology receives another 4 million yuan in land reserve compensation, cumulative total reaches 172 million yuan

Anhui Anli Material Technology Co., Ltd. received 4 million yuan on September 8, 2026, as part of the remaining land reserve and relocation compensation incentive payment allocated by the Feixi County Natural Resources and Planning Bureau. With this payment, the company and its controlling subsidiaries have cumulatively received 172.08096 million yuan for the land asset reserve, accounting for approximately 83.91% of the total reserve and relocation compensation incentive amount of 205.08096 million yuan, with an outstanding balance of 33 million yuan yet to be received. The reserve matter originated from the State-owned Construction Land Use Rights Acquisition Contract signed in October 2021 between the company and the Feixi County Land Acquisition and Reserve Center, involving the land, properties, and assets of the Jinzhai Road plant area. The company stated that the payment received this time will have a positive impact on cash flow, and the asset disposal gain or loss has already been recognized in the first quarter of 2022. The specific accounting treatment is subject to the audit results.
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Anli Group's first-half net profit falls over 60%, second-quarter performance rebounds

Anli Group released its semi-annual report. First-half operating revenue was 1.12 billion yuan, up 1.92% year-on-year, but net profit attributable to the parent was 33.31 million yuan, down 64.28% year-on-year. In the second quarter alone, revenue was 600 million yuan, up 15.25% quarter-on-quarter, and net profit attributable to the parent was 27.71 million yuan, up 394.50% quarter-on-quarter, suggesting a turning point in performance recovery may be emerging. The company said the profit decline was mainly due to insufficient downstream demand, lower sales volumes in some categories, and the US-Israel-Iran military conflict pushing up raw material costs, while RMB appreciation led to exchange losses, with financial expenses surging 681.82% year-on-year. In addition, first-half net operating cash flow was 7.61 million yuan, down 80.52% year-on-year. The company focuses on eco-friendly functional polyurethane synthetic leather, used in footwear materials, sofas and home furnishings, among other areas. Facing these challenges, the company is advancing its key account strategy and customer diversification.
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