Newtrend details RMB 299.8 million Jingzhou glycine project funding plan, secures RMB 220 million loan

• Newtrend issued a supplemental disclosure on its Jingzhou glycine production base, projecting RMB 752.2 million annual revenue, RMB 62.7 million net profit at full ramp-up around January 2031.
• Total phased investment set at RMB 299.8 million, financed mainly by RMB 220 million Bank of Communications borrowings, RMB 61.1 million reallocated net proceeds.
• Bank of Communications loan drawdowns are scheduled by construction progress, with most funding needs concentrated in 2026 Q3 to 2027 Q1.
• Construction contract consideration totals RMB 117.1 million, funded by reallocated proceeds, internal resources, bank borrowings.
• Equipment purchase agreement totals RMB 20.5 million; RMB 6.15 million advance paid, funded from reallocated net proceeds.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Newtrend Group Holding Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260908-12325205), on September 08, 2026, and is solely responsible for the information contained therein.