Besmey announced that due to the “Yangtze River 1 kilometer” policy adjustment, the holding subsidiary of the company, an area of about 27 acres of the factory area was classified within the control range of 1 kilometer of the Yangtze River tributary shoreline, and the relevant installations and warehouses within the scope needed to be dismantled. This demolition did not involve the main production equipment for pentanone or cyclopentane. Tongling Beisme stopped production immediately. It is expected that the dismantling will be completed and production will resume by the end of November 2026. There is a risk of impairment of value associated with the demolition of the facilities. The scope, amount and payment period of government compensation are uncertain, and the rectification cycle may also be lengthened due to site monitoring.

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