Important Notes, Directory, and Definitions
The Board of Directors and senior management of North Chemical Industries Co., Ltd. guarantee that the content of the annual report is true, accurate, and complete, with no false records, misleading statements, or significant omissions, and they bear individual and joint legal responsibilities. The person in charge of the company, Yang Hecheng, the head of accounting, Yang Hecheng, and the head of the accounting institution (accounting supervisor) Yao Xiaojun declare: they ensure the truthfulness, accuracy, and completeness of the financial report in this annual report. All directors attended the board meeting to review this report. The forward-looking statements regarding future development plans in this report do not constitute a substantive commitment to investors, who should maintain sufficient risk awareness and understand the differences between plans, forecasts, and commitments. Investors are advised to pay attention to investment risks. For risks described in this report, please refer to "Section 3 Management Discussion and Analysis" under "11. Outlook for the Company's Future Development" for potential risks and countermeasures. The profit distribution plan approved by the board of directors is: based on 549,034,794 shares, a cash dividend of 0.35 RMB (including tax) will be distributed for every 10 shares to all shareholders, with no bonus shares (including tax) and no capital reserve fund conversion to increase share capital.
Directory
- Important Notes, Directory, and Definitions --------------------------------------------------- 2
- Company Profile and Key Financial Indicators ------------------------------------------------- 6
- Management Discussion and Analysis ------------------------------------------------------ 10
- Corporate Governance, Environment, and Society ------------------------------------------ 37
- Important Matters ------------------------------------------------------------------------------ 56
- Share Changes and Shareholder Information ------------------------------------------------ 72
- Bond-Related Information ------------------------------------------------------------------- 79
- Financial Report ------------------------------------------------------------------------------ 80
Documents for Reference
- Financial statements signed and stamped by the legal representative, financial head, and head of the accounting institution.
- Originals of all company documents publicly disclosed during the reporting period and original announcements.
- The 2025 Annual Report and summary text signed by the legal representative.
- The above reference documents are available at the company's securities department.