Changhua Chemical: To raise no more than 0.298 billion yuan for high-performance polyol projects, etc.

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On June 3, 2026, Changhua Chemical announced a plan to issue shares to specific targets in a simplified procedure in 2026. The total amount of funds to be raised will not exceed 0.298 billion yuan, which will be used for high-performance polyol construction projects and repayment of bank loans after deducting issuance costs. The number of shares issued shall not exceed 35, and the number of shares issued shall not exceed 30% of the total share capital of the company before the issuance.

According to the announcement, high activity POP is one of the company's core items, 2025 annual sales gross profit contribution of 28.56. The company now has an annual output of 60000 tons of high-activity POP production equipment, 2025 capacity utilization rate of 99.52 percent, is close to saturation. The funds raised this time focus on high-performance polyol construction projects, to production line construction, process optimization and capacity improvement, aiming to solve capacity bottlenecks, consolidate market position, enhance the proportion of high value-added items sales and profitability.

At the same time, part of the funds raised from this issue will be utilized to repay bank loans in order to optimize the financial structure, minimize the asset-liability ratio, minimize financial expenses and enhance the ability to resist risks. After raising funds in place, the company's financial strength will be enhanced, to deepen the business layout, consolidate the position of the sector to create good conditions. After the relevant fund-raising projects are put into operation, the company's business scale and profitability will be further enhanced to promote the company's sustainable research.

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