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

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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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