Core Viewpoint - The company, formerly known as Danhua Technology, is changing its name to Jinmei Technology to better align with its new registered location and operational focus [1][2]. Group 1: Company Name Change - The company announced a change in its stock securities names from "Dan Hua Technology" and "Dan Ke B Stock" to "Jin Mei Technology" and "Jin Mei B Stock" respectively, effective from August 7, 2025 [1]. - The change is part of a broader strategy following the relocation of the company's registered office from Jiangsu Province to Inner Mongolia [2]. Group 2: Operational Overview - The company primarily operates through its subsidiary, Tongliao Jinmei Chemical Co., producing ethylene glycol and oxalic acid with designed capacities of 220,000 tons and 80,000 tons per year respectively [1]. - In 2024, the actual production was 133,000 tons of ethylene glycol and 99,300 tons of oxalic acid, resulting in a capacity utilization rate of 70.27% [1]. Group 3: Financial Performance - The company has faced challenges in recent years, with 2024 showing some improvement but still encountering significant difficulties due to low market prices [3]. - The average selling price of ethylene glycol increased by 12.69%, yet the company remained in a loss position; oxalic acid profitability was impacted by capacity constraints and a 19.28% drop in selling price [3]. - For the first half of 2025, the company anticipates a net loss of approximately 66.2 million yuan and a non-recurring net profit loss of about 66.9 million yuan [3]. - Despite the losses, the company reported improved production and sales figures compared to the previous year and is actively pursuing cost reduction and efficiency improvement measures [3].