Cangzhou Dahua announced that the company plans to jointly invest with Luxi Chemical and Sinochem Plastics to establish Sinochem Polycarbonate Sales Co., Ltd., with a registered capital of 5 million yuan. Among them, Luxi Chemical invested 2.55 million yuan, accounting for 51%; Cangzhou Dahua invested 1.5 million yuan, accounting for 30%; and Sinochem Plastics invested 950,000 yuan, accounting for 19%. All three parties invested with their own capital. The deal has been approved by the board of directors. From the beginning of 2025 to the date of disclosure, the total number of related transactions between Cangzhou Dahua and related parties was 677 million yuan. Joint venture operations may be subject to a variety of risks.

Cangzhou Dahua announced that the company plans to jointly invest with Luxi Chemical and Sinochem Plastics to establish Sinochem Polycarbonate Sales Co., Ltd., with a registered capital of 5 million yuan. Among them, Luxi Chemical invested 2.55 million yuan, accounting for 51%; Cangzhou Dahua invested 1.5 million yuan, accounting for 30%; and Sinochem Plastics invested 950,000 yuan, accounting for 19%. All three parties invested with their own capital. The deal has been approved by the board of directors. From the beginning of 2025 to the date of disclosure, the total number of related transactions between Cangzhou Dahua and related parties was 677 million yuan. Joint venture operations may be subject to a variety of risks.