Core Viewpoint - Century Sunshine (00509) announced that several creditors of its non-wholly owned subsidiary, Shandong Hongri Chemical Co., Ltd. and Shandong Hongri Fertilizer Sales Co., Ltd. (collectively referred to as "Shandong Company"), have applied to the Linyi Luozhuang District People's Court for the auction of 64 registered trademarks owned by Shandong Company, with a total starting price of approximately RMB 42.925 million [1] Group 1 - The auction is scheduled for October 31, 2025, and the proceeds will be prioritized for repaying the relevant debts of Shandong Company [1] - The company is actively seeking solutions to improve its liquidity, including the potential sale of non-core businesses or assets [1] - Shandong Hongri Chemical has ceased operations and production due to local government policies, specifically the "retreating from the city to the park" initiative, and has dismantled its factory [1] Group 2 - The trademarks have been authorized for use by other subsidiaries of the group until April 30, 2039 [1] - As of the announcement date, the ownership of the trademarks has not yet been auctioned [1] - If there are no interested buyers, the trademarks may not be successfully sold [1]

Core Points - Century Sunshine (00509) announced that several creditors of its non-wholly owned subsidiary, Shandong Hongri Chemical Co., Ltd. and Shandong Hongri Fertilizer Sales Co., Ltd. (collectively referred to as "Shandong Company"), have applied to the Linyi Luozhuang District People's Court for the auction of 64 registered trademark rights owned by Shandong Company, with a total starting price of approximately RMB 42.925 million [1] - The auction is scheduled for October 31, 2025, and the proceeds will be prioritized for repaying the relevant debts of Shandong Company [1] - The company is actively seeking solutions to improve its liquidity, including the potential sale of non-core businesses or assets [1] - Shandong Hongri Chemical Co., Ltd. has ceased operations and production due to local government policies, and its factory has been demolished [1] - The trademarks have been licensed to other subsidiaries of the group, with usage rights valid until April 30, 2039 [1] - As of the announcement date, the ownership of the trademarks has not yet been auctioned, and if there are no interested buyers, the trademarks may not be successfully sold [1]