Announcement on Receiving Civil Ruling
The Company and all members of the Board of Directors guarantee the content of the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or material omissions.
I. Overview of the Matter
The Company recently received a Civil Ruling [(2026)冀0133清申1号] from the People's Court of Zhao County, Hebei Province, ruling for the compulsory liquidation of Shijiazhuang Ruikai Chemical Co., Ltd. (hereinafter referred to as "Ruikai Chemical"). The relevant situation is hereby announced as follows:
II. Basic Situation
Ruikai Chemical is a subsidiary of the Company, with the Company holding 51.0044% of its shares. Hebei Baishida Trading Co., Ltd. holds 48.9956% of its shares.