Guangxin Co., Ltd. announced that Dongzhi Guangxin, a wholly-owned subsidiary of the company, and the Dongzhi Economic Development Zone Management Committee signed a compensation agreement for the dismantling of the project installation. Due to environmental control requirements, the Dongzhi Guangxin project with an annual output of 40,000 tons of para-aminophenol and 15,000 tons of o-nitroaniline projects needed to be dismantled, with a total compensation amount of 258 million yuan. The rectification has been reviewed and approved by the company's board of directors. There is no need to submit it to the shareholders' meeting for review. It does not constitute a related transaction or major asset restructuring. The demolition of production facilities and site clean-up must be completed before September 30, 2027, and compensation must be paid in installments. After completion, it will not have a significant impact on the company's current net profit.

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