Poly Group: Subsidiary receives 7.2289 million yuan in compensation for land acquisition.

Recently, Poly Union Chemical Holdings Group Co., Ltd. announced that its wholly-owned subsidiary, Gansu Jiulian Civil Explosive Equipment Co., Ltd., has signed a acquisition compensation and resettlement agreement with the Lixian Housing and Urban-Rural Development Bureau on July 17, 2025. The acquisition assets are the idle original office land and buildings of Jiulian Company in Lixian Town, with a land use rights area of 9067 square meters and a building area of 1791.54 square meters, with a total assessed value of 7.2289 million yuan. Jiulian Company has received the full amount of the acquisition compensation. This acquisition does not affect the normal production and operation of the company, and is expected to generate a net profit of approximately 4.71 million yuan. The accounting treatment and the impact on financial data are subject to audit results.