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Huafon Chemical terminates the 6 billion related Trade, all 19 related proposals fail.| Quick read announcement.
① Huafon Chemical announced tonight the termination of the purchase of 100% equity of Huafon Synthetic Resin and 100% equity of Huafon Thermoplastic; ② This Trade was announced at the end of October last year, constituting a related party transaction, with a total transaction price of 6 billion yuan; ③ The 19 proposals involved in the transaction were not approved in the vote at the Shareholder meeting on April 29.
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Huafeng Chemical: Report for the first quarter of 2025
Huafon Chemical (002064.SZ): In the first quarter, net income was 0.504 billion yuan, a year-on-year decrease of 26.21%.
On April 25, Gelonghui reported that Huafon Chemical (002064.SZ) announced its first quarter report for 2025, achieving revenue of 6.314 billion yuan, a year-on-year decrease of 5.15%; net income attributable to shareholders of the listed company was 0.504 billion yuan, a year-on-year decrease of 26.21%; net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was 0.4598 billion yuan, a year-on-year decrease of 29.92%; basic EPS was 0.10 yuan.
In the fiscal year 2024, Huafon Chemical (002064.SZ) has an import raw material ratio of only about 1%.
Gelonghui, April 16丨Huafon Chemical (002064.SZ) stated on the interactive platform that the proportion of imported raw materials for 2024 is only about 1%, with the USA accounting for less than 0.1%.
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