On September 11, at the 2026 online investor reception day and semi-annual report performance briefing in the Sichuan district, Zhou Bin, financial director of Tongwei Co., Ltd., said that although the conflict between supply and demand in the industrial chain has not been significantly mitigated at this stage, due to the recent “anti-domestic roll” policy and marginal improvements in domestic and foreign demand, the prices of major links in the industrial chain have rebounded in August. With the official implementation of national standards for energy consumption and energy efficiency from January next year, the industry's backward production capacity will gradually be cleared, and the market environment is expected to improve further. Regarding the rate of subsequent production capacity clearance, it is necessary to further observe the dynamic changes in supply and demand. By the end of the second quarter, the company had sufficient monetary capital and high-liquidity asset reserves, which could fully cover interest-bearing liabilities and short-term operating liabilities due within one year, and short-term debt repayment pressure was manageable. Overall, the company currently has abundant liquidity, a stable financial structure, and no liquidity risk, which can fully guarantee the company's continuous and stable operation.

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