Vast special materials: It is expected that the net profit in the first half of 2025 will increase by 367.51% year-on-year.

Announcement of Guanda Special Materials: It is expected that the operating income in the first half of 2025 will be around 2.5 billion yuan, an increase of approximately 32.91% year-on-year. It is expected that the net profit attributable to the owners of the parent company in the first half of 2025 will be around 200 million yuan, an increase of approximately 367.51% year-on-year. It is expected that the net profit attributable to the owners of the parent company, excluding non-recurring gains and losses, in the first half of 2025 will be around 195 million yuan, an increase of approximately 2342.81% year-on-year.