Fulin Precision (300432.SZ) subsidiary fire incident causes no casualties.

Fulin Precision (300432.SZ) announced that on November 1, 2026, a fire occurred in the heat-transfer oil pipe rack on the east side of Plant No. 2 (grinding workshop) of the under-construction project of Inner Mongolia Fulin Zhuzhou Times New Material Technology Co., Ltd., a wholly-owned subsidiary of Jiangxi Shenghua New Material Co., Ltd., a controlled subsidiary of the company. After the accident, the company immediately activated its emergency response plan, established an on-site emergency leadership group, and cooperated with relevant government departments in carrying out emergency response and on-site rescue work. With the joint efforts of local fire and other departments, all open flames have been extinguished. The incident caused no casualties. During the period when the fire persisted, ecological departments conducted continuous monitoring at multiple points of the surrounding air, and there was no obvious abnormality in air quality. According to a preliminary investigation, the fire was ignited by a heat-transfer oil leak, and the specific cause is under further investigation. The accident did not cause equipment burn damage; the damaged scope was concentrated in the heat-transfer oil pipe rack and the corresponding exterior wall, and the amount of direct losses is being assessed. This accident was a fire caused by a heat-transfer oil leak in the under-construction project, with no casualties and no explosion or chain risks, and the fire has been eliminated. The project is still in the engineering construction and commissioning stage and has not yet been officially put into operation. The damaged part this time is an independent outdoor pipe rack pipeline and does not affect the core equipment of the main production line. The company has formulated a special repair plan, and this accident will not have a material adverse impact on the company's project construction or capacity planning arrangements.