000859SZSE
🚨 Material Event

Announcement on Wholly-Owned Subsidiary Signing Relocation Compensation Agreement

✨ AI Summary

Anhui Guofeng New Materials Co., Ltd. announces its wholly-owned subsidiary, Wuhu Guofeng Plastic Technology Co., Ltd., has signed a relocation compensation agreement with the Wuhu Economic and Technological Development Zone Management Committee. The agreement involves compensation of RMB 34.8842 million for the relocation of assets. This is expected to have a positive impact on the company's performance.

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Full Translation

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Securities Abbreviation: Guofeng New Materials

Securities Code: 000859

Number: 2026-033

Anhui Guofeng New Materials Co., Ltd.

Announcement on Wholly-Owned Subsidiary Signing Relocation Compensation Agreement

The Company and the entire Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or significant omissions.

Recently, Anhui Guofeng New Materials Co., Ltd. (hereinafter referred to as the "Company") and its wholly-owned subsidiary Wuhu Guofeng Plastic Technology Co., Ltd. (hereinafter referred to as "Wuhu Guofeng Company") signed a "Relocation Compensation Agreement" with the Wuhu Economic and Technological Development Zone Management Committee (hereinafter referred to as the "Wuhu Economic Development Zone Management Committee"). The Wuhu Economic Development Zone Management Committee will provide relocation compensation for the assets of Wuhu Guofeng Company located on Yinhu North Road, Wuhu Economic and Technological Development Zone, with a total compensation amount of RMB 34.8842 million. The specific matters are hereby announced as follows:

I. Transaction Overview

  1. Due to the overall planning and industrial development needs of the Wuhu Economic and Technological Development Zone, the Wuhu Economic Development Zone Management Committee plans to repossess the state-owned construction land use rights, buildings, and supporting facilities and equipment of Wuhu Guofeng Company located on Yinhu North Road, Wuhu Economic and Technological Development Zone. After full communication and assessment of the market value of the assets, the two parties signed the "Relocation Compensation Agreement," with a total compensation amount of RMB 34.8842 million.

  2. This transaction does not constitute a related-party transaction, nor does it constitute a major asset restructuring as stipulated in the "Measures for the Administration of Major Asset Restructuring of Listed Companies." This relocation compensation matter will bring certain income to the Company and have a positive impact on the Company's performance. The Company will fulfill its information disclosure obligations in a timely manner based on the progress of asset relocation compensation and the arrival of compensation funds.

II. Basic Information of the Counterparty to the Transaction

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