On the evening of January 7, Kunming Chuan Jinnuo Chemical Co., Ltd. (referred to as "Chuan Jinnuo") disclosed its performance forecast for 2025, reporting substantial growth in both revenue and net profit, with net profit surging by over 140% year-on-year, delivering an impressive performance. According to the forecast, Chuan Jinnuo is expected to achieve revenue of RMB 3.8 billion to 4.2 billion in 2025, representing a year-on-year increase of 18.47% to 30.94%. Net profit attributable to shareholders of the listed company is projected to be between RMB 430 million and 480 million, marking a significant year-on-year growth of 144.24% to 172.64%.

Regarding the performance growth, Chuan Jinnuo stated that in 2025, the company accurately seized market demand opportunities, fully leveraged its flexible production capacity advantages, dynamically optimized production plans and product structures, increased the proportion of high-margin products, and drove steady growth in sales revenue. At the same time, the company continued to deepen cost control, further enhancing overall profitability. Notably, the industrial wet-process purified phosphoric acid from the company's Guangxi Fangchenggang chemical base, after its first technical upgrade, achieved an annual design capacity of 150,000 tons and has become a major revenue contributor. Additionally, the company produces products such as triple superphosphate, phosphate fertilizers, and other by-products.

At the industry level, the phosphorus chemical industry chain is experiencing a sustained boom cycle. The current tight supply-demand situation for phosphate rock continues, maintaining high industry prosperity. Coupled with growing demand in the new energy sector, the phosphorus chemical industry chain is expected to see continued improvement in its prosperity. A representative from Chuan Jinnuo added that in the first half of 2025, rising costs of key raw materials such as sulfur and sulfuric acid exerted pressure downstream, driving up prices of related products, which also supported the company's performance growth.

Looking toward long-term development, leveraging the scarcity of phosphate rock resources, Chuan Jinnuo is actively expanding its overseas phosphate rock resources. On November 27, 2025, the company signed a "Usufruct Transfer Agreement" for project land with an Egyptian land supplier, planning to invest in multiple projects in Egypt, including an annual production capacity of 800,000 tons of sulfuric acid from sulfur and 300,000 tons of industrial wet-process crude phosphoric acid. The total investment amounts to RMB 1.934 billion, with a construction period of three years.

A representative from Chuan Jinnuo emphasized that the core of this collaboration lies in the precise complementarity between Egypt's phosphate rock resource endowment and the company's technological capabilities. It is reported that Egypt has proven phosphate rock reserves of approximately 3 billion tons, ranking third globally after Morocco and China, highlighting its significant resource advantages. Currently, this overseas project has become a key focus of the company's development and a priority for resource allocation.