China Xuyang Group: It is expected that net profit in the first half of 2026 will increase by no less than 335% year-on-year.

According to the announcement from China Xuyang Group, it is expected that the net profit for the six months ending June 30, 2026, will increase by no less than 335% compared to the same period in 2025, mainly due to the expanded price difference of fine chemical products and the completion of the acquisition of Binhai Energy. During this period, the average selling price of caprolactam rose by 13.3% to approximately RMB 9,701.3 per ton, while the procurement price of benzene remained stable. The acquisition of Binhai Energy was completed on June 24, 2026, with its operating income growing by 78.5% to approximately RMB 419 million during the period.