Henan Jinyuan Hydrogenated Chemicals Co., Ltd. (JINYUAN HCHEM, 02502) announced that, based on unaudited management accounts, total comprehensive loss attributable to shareholders for the year ended 31 December 2025 is expected to reach approximately RMB34.20 million, versus a loss of RMB15.80 million in 2024.

The anticipated deterioration reflects several cost‐pressure factors:

1. Planned maintenance and calibration work on production facilities during 2025 raised unit production costs for hydrogenated benzene‐based chemicals and liquefied natural gas (LNG).

2. The average selling price of LNG fell about 7.30% year on year, while the average purchase price of the key feedstock, coal gas, rose roughly 5.00%, compressing gross margins.

The figures are preliminary, unaudited and subject to review by the company’s auditors and audit committee. Final results are scheduled for release by end-March 2026.

The board advises shareholders and potential investors to exercise caution when dealing in the company’s shares.