Stock Code: 002312 Stock Abbreviation: Chuanfa Longsheng Announcement No.: 2026-013
Sichuan Development Longsheng Co., Ltd. Resolution Announcement of the 19th Meeting of the 7th Board of Directors
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed in this announcement, and there are no false records, misleading statements, or major omissions.
I. Convening of the Board Meeting
The 19th Meeting of the 7th Board of Directors of Sichuan Development Longsheng Co., Ltd. (hereinafter referred to as the "Company") was convened. The notice was sent via email on April 13, 2026. The meeting was held on April 24, 2026, at 15:30 in the first conference room on the 15th floor of the Company's headquarters, combining on-site and written voting. Nine directors were required to attend, and nine directors were present. Directors Mr. Zhou Yi, Ms. Huang Min, and Independent Director Mr. Guo Xiaodong attended the meeting via communication. The meeting was presided over by Chairman Mr. Zhu Quanshou. Some senior management personnel of the Company attended the meeting. The convocation and procedures of the meeting comply with the relevant provisions of the "Company Law" and the "Articles of Association," and the voting was legal and valid.
II. Deliberation of the Board Meeting
After deliberation and recorded vote by the attending directors, the following proposals were approved:
(I) Approval of the Proposal on the "2025 Financial Closing Report"
The Company's "2025 Financial Closing Report" was approved. Audited by Sichuan Huaxin (Group) Certified Public Accountants (Special General Partnership), the Company achieved operating revenue of 9,956.3551 million yuan in 2025, a year-on-year increase of 21.74%. Net profit attributable to shareholders of the listed company was 414.0044 million yuan, a year-on-year decrease of 22.31%. The weighted average return on equity was 4.35%, a year-on-year decrease of 1.42 percentage points. As of the end of 2025, the Company's total assets were 20,125.67 million yuan, a year-on-year increase of 9.57% from the beginning of the year. Net assets attributable to shareholders of the listed company were 9,611.9841 million yuan, a year-on-year increase of 1.72% from the beginning of the year. Voting results: 9 votes in favor, 0 against, 0 abstentions.
(II) Approval of the Proposal on the "2026 Financial Budget Report"
The Company's "2026 Financial Budget Report" was approved. The Board of Directors believes that the 2026 financial budget plan is a reasonable and feasible budget proposed based on a comprehensive summary and systematic analysis of the work in 2025, taking into full consideration the industry development status, market change factors, and the Company's strategic planning and the Board's overall requirements for the annual budget. It is in line with the Company's sustainable development and operational reality. The Company expects to achieve an annual operating revenue of 10.59 billion yuan in 2026. Special reminder: The above operating plan does not represent the Company's profit forecast for 2026. Actual results will depend on various factors such as the macroeconomic environment, the development of the phosphorus chemical and new energy materials industries, market supply and demand, and the efforts of the management team. There is a certain degree of uncertainty, please pay special attention. Voting results: 9 votes in favor, 0 against, 0 abstentions.
(III) Approval of the Proposal on the "2025 Profit Distribution Plan"