In the second half of 2026, uncertainties surrounding the political and economic environment, as well as trends in exchange rates and interest rates, will continue to influence the macro industry landscape. The Group will adhere to a prudent financial management approach and a robust business strategy, effectively managing foreign exchange volatility risks through flexible capital management and operational and procurement arrangements. At the same time, the Group will focus on its three core businesses, striving for excellence and operational optimisation. It will also continue to expand its presence in Southeast Asia, leveraging regional synergies to diversify market risks. These measures are designed to strengthen its core competitiveness and support sustainable business development.

The Group will capitalise on market trends in line with the strategic positioning of each business segment. Regarding the colorants, pigments and compounded plastic resins business, the Group will continue to strengthen its relevant R&D and customised technical support capabilities. In terms of the engineering plastic products business, it will continue to refine cost control and leverage its overseas network to capture market opportunities. As for the plastic raw material trading business, the Group will closely monitor trends in crude oil and plastic raw material prices, carefully analyse price cycles, and seize phased operational opportunities.

At the same time, expanding into the ASEAN market remains a long-term strategic priority for the Group. The Group has always recognised the immense potential of the Southeast Asian market and has been progressively implementing its regional expansion strategy in recent years. The Group’s sales point in Vietnam was completed at the end of June 2024 and is now operating smoothly, focusing on the plastic raw material trading and engineering plastic products-related businesses. Subsequently, the Group established a Singapore subsidiary in 2025, which is also expected to contribute to the Group’s revenue in the future.

During the year, the Group further increased its investment in Southeast Asia by establishing a subsidiary in Thailand, NHH COLTEC THAI CO., LTD., which focuses primarily on colorants, pigments and compounded plastic resins operations. As of the financial year-end date, our new factory site is already actively undergoing extensive pre-work and leasehold improvements. While the building was delivered as a vacant bare shell, we are aggressively executing these structural and utility upgrades to transform the space into our group’s first modern factory production site in the ASEAN region. Production is expected to commence formally in the next financial year. The Group plans to replicate the technical capabilities and customer support service experience accumulated at its established domestic production bases at the new plant in Thailand. These ASEAN-region points will form a synergistic network covering key markets in Southeast Asia, combining their strengths to fully unlock complementary business advantages and mitigate operating risks arising from policy volatility in any single market.

Despite the complex interplay of external variables and the multitude of challenges, under the extensive experience of its management team, the hard work and dedication of all employees, and the unwavering support of its customers and shareholders, the Group remains confident in its ability to capture future market recovery opportunities. The Group will pursue progress while ensuring stability, and uphold its long-standing professional and prudent management strategy and pragmatic approach to continue to optimise its product portfolio, clientele structure and overseas production capacity layout, while continuously enhancing its overall risk resilience and industry competitiveness, striving to generate satisfactory returns for all stakeholders.