Looking ahead to 2026, challenges and opportunities are expected to exist both at home and abroad. The Group will therefore continue to adhere to its layout strategy of “balancing domestic and overseas operations with diversified synergy”, anchoring its core domestic businesses, continuously optimising operational strategies, and prudently advancing overseas expansion to increase resilience to risk and enhance sustainable development capabilities amid market volatility.

Currently, with raw material prices stabilising and the risk of significant fluctuations easing, the Group will precisely implement cost control and sales pricing strategies to enhance synergy with its upstream and downstream partners. As for the colorants, pigments and compounded plastic resins business, the Group will further strengthen its competitive edge in the domestic market, deepen customer penetration across multiple sectors, seize market opportunities arising from industry restructuring, and strive to sustain positive development momentum. With regard to the plastic raw material trading business, the Group will steadily promote advancement of its clientele structure and market transformation, and intensify efforts in developing emerging markets such as Southeast Asia, accumulating momentum for future growth. In terms of the engineering plastic products business, as the tariff policy environment gradually stabilises, end customers have progressively initiated cost reassessments and resumed enquiries since the fourth quarter of last year, although order placements remained relatively subdued. Given that the first quarter is traditionally a low season for the industry, with market demand expected to take some time to recover, the Group will actively position itself to capitalise on opportunities that arise as the market recovers.

The Group’s sales point in Vietnam operated smoothly in 2025, and stable relations were formed with existing customers who have relocated there. The Group will continue to implement an asset-light strategy, prioritising the consolidation of cooperative ties with customers, conducting in-depth research into the local production environment, and steadily advancing its penetration into the local market. Furthermore, to closely align with global supply chain restructuring and customers’ globalisation trends, the Group has decided to invest in setting up its first overseas production base in Thailand, primarily to undertake colorants, pigments, compounded plastic resins, and related OEM businesses. The project is currently at a preparatory stage and is expected to commence production in 2026. The Group will continue to uphold a prudent and sound investment strategy, focusing on high-potential markets while expanding its global footprint in an orderly and steady manner.

Presently, the Group remains in a healthy financial position. During the period, domestic and overseas borrowing rates declined from their peaks, effectively alleviating the Group’s funding pressure, reducing financing costs, and further optimising its financial structure. Since most of the Group’s procurements are settled in US dollars, the current exchange rate environment is relatively favourable, bringing considerable cost advantages to the Group while offering greater operational flexibility for its business development.

Against a complex and unpredictable macroeconomic landscape, the Group will uphold its professional and prudent management strategy and pragmatic approach. Under the leadership of a seasoned management team and dedicated contributions from all employees, the Group will act decisively and precisely capture emerging market opportunities, driving balanced growth in business scale and profitability, and striving to maximise returns for shareholders.