Group 1 - The company announced the successful completion of the transfer of 95% equity in Zhuohe (Daishan) Energy Technology Co., Ltd. to Daishan Huafeng Shipbuilding Repair Co., Ltd. [1][2] - The total transaction price for the 95% equity transfer was determined to be 72.3 million RMB, with the net asset value of Zhuohe assessed at approximately 76.01 million RMB [2] - This transaction is expected to generate approximately 140 million RMB in profit for the company and positively impact its financial statements for 2025 [2] Group 2 - The company plans to continue focusing on innovation and sustainable development, optimizing its internal management structure and increasing operational efficiency [2] - The company aims to enhance its investment in core business areas and strengthen its technological research and innovation capabilities to respond to market changes and challenges [2] - The company has successfully completed the mid-term construction of a 240,000 tons/year high-performance continuous polyether polyol project, which is expected to deepen its exploration in new energy materials and biodegradable materials [3]

Core Viewpoint - The completion of the sale of 95% equity in Zhuohe Energy Technology Co., Ltd. by Zhuoran Engineering Technology Co., Ltd. is expected to positively impact the company's financial performance and strategic positioning in the market [1][2]. Group 1: Transaction Details - Zhuoran's subsidiary, Zhuo (Zhejiang) Integrated Technology Co., Ltd., has successfully sold 95% of its stake in Zhuohe, receiving a total transaction price of 723 million RMB [1]. - The assets injected into Zhuohe were valued at approximately 696 million RMB, with a book value of 430 million RMB as of May 31, 2025 [1]. - The net asset value of Zhuohe was reported at 761 million RMB, with an assessment value of 760 million RMB as of June 30, 2025 [1]. Group 2: Financial Impact - The transaction is expected to generate a profit of approximately 140 million RMB for Zhuoran, positively influencing its financial statements for 2025 [2]. - The company aims to enhance its management structure and operational efficiency post-transaction, focusing on core business investments and technological innovation [2]. Group 3: Strategic Outlook - The company plans to leverage this transaction to deepen its strategic layout and promote high-quality development, aiming for long-term sustainable growth [2]. - The successful completion of the project for Lianhong Gelun (Shandong) New Materials Co., Ltd. is anticipated to further enhance the company's exploration in advanced fields such as new energy materials and biodegradable materials [2].