Core Viewpoint - International Chemical Investors Group (ICIG) has announced the acquisition of Venator's German subsidiary, which had previously filed for bankruptcy, along with its Duisburg production facility, focusing on functional additives and nano-fine products for coatings and cosmetics [1] Group 1: Acquisition Details - ICIG will continue operations at the Duisburg plant and retain all 350 employees [1] - The acquisition represents ICIG's further expansion in the specialty chemicals sector and provides stability for the Duisburg production base [1] Group 2: Strategic Vision - ICIG has outlined a clear strategic vision for the Duisburg facility, aiming to further develop the site and return to its historical roots [1] - CEO Christoph Sprenger emphasized the goal of improving production with traditional brands such as Sachtolith and Blanc Fixe while expanding the business as much as possible [1] Group 3: Background Context - Venator's parent company entered bankruptcy management last year, leading to the Duisburg plant's bankruptcy filing in September [1] - In 2024, Venator closed the titanium dioxide production at the plant and transferred its specialty titanium dioxide business to a facility in Krefeld, which is still seeking buyers [1]

Group 1: Investor Relations Activity - The investor relations activity was an earnings briefing held on May 15, 2025, at the Shanghai Securities News Roadshow Center [3] - Participants included the Chairman, General Manager, Board Secretary, and a representative from Guotou Securities [3] Group 2: Company Performance Overview - The company reported a net loss of CNY 23.94 million for 2024, with the parent company’s net profit at CNY -24.27 million [7] - The total undistributed profits as of December 31, 2024, were CNY 84.67 million for the consolidated report and CNY 84.51 million for the parent company [7] Group 3: Reasons for Performance Decline - The decline in performance was attributed to weak consumer demand, slow recovery in the restaurant sector, and a decrease in pig inventory due to the African swine fever [5] - The company faced intense competition in the feed and feed additive market, leading to a significant drop in profitability [5] Group 4: Future Strategies for Profitability - Sales strategies include focusing on regional feed brands and expanding into egg and aquatic products [5][6] - The company plans to enhance product differentiation and focus on core customer needs to increase sales [6] - Technical innovations and market research will be prioritized to improve product competitiveness [7] Group 5: Dividend Policy - The company did not declare dividends for 2024 due to losses, which did not meet the conditions for cash dividends as per the company’s articles [7] Group 6: Investment and Project Updates - The company is constructing a self-breeding pig farm and has sufficient funding for this project [9] - The micro-ecological agent project reached a usable state by March 31, 2024, but its purpose was changed due to market conditions [10] - The marketing service center project’s completion date was extended to December 31, 2025, with a cumulative investment progress of 56.98% as of December 31, 2024 [10]