Liuhua Co., Ltd. plans to construct and invest in a 200,000-ton/year hydrogen peroxide project to enhance core competitiveness

(March 27, 2026, Liuzhou) Liuzhou Chemical Co., Ltd. (stock code: 600423, hereinafter referred to as “Liuzhou Chemical”) today released the resolution announcement of the seventh meeting of the seventh board of directors, announcing the company’s plan to invest in the construction of a 200,000 tons/year full-acid fluidized bed hydrogen peroxide project, and plans to hold the first extraordinary shareholders’ meeting of 2026 to review relevant proposals.

Board Meeting Situation

The seventh meeting of the seventh board of directors of Liuzhou Chemical was held in the company conference room on March 27, 2026. The meeting notice and materials were sent out via email on March 24, with 9 directors eligible to vote, and 9 directors actually voting, while senior management attended the meeting. The meeting was chaired by Mr. Lu Shengyun, the chairman, and complied with relevant provisions of the Company Law and the Articles of Association.

Meeting Approved Major Investment Project

After review by the attending directors, the meeting unanimously approved (9 votes in favor, 0 votes against, 0 abstentions) the proposal on “Investment in the Construction of a 200,000 tons/year Full-Acid Fluidized Bed Hydrogen Peroxide Project.”

According to the announcement, detailed market analysis and technical evaluation have been conducted in the early stages of the project, comprehensively considering industry trends, resource matching, and potential risks, demonstrating the necessity and feasibility of the plan. The first meeting of the company’s board of directors’ strategic committee has reviewed and approved this project, expressing the opinion that this project is based on the company’s current production and operation status and future development needs. The implementation of the project will effectively resolve the company’s development shortcomings, enhance the company’s sustainable operation capability and core competitiveness, and has strategic significance for the company’s long-term development.

This proposal still needs to be submitted to the company’s first extraordinary shareholders’ meeting of 2026 for review.

Decision to Hold the First Extraordinary Shareholders’ Meeting of 2026

The meeting also unanimously approved (9 votes in favor, 0 votes against, 0 abstentions) the proposal on “Holding the Company’s First Extraordinary Shareholders’ Meeting of 2026.” The company will separately disclose the notice regarding the holding of the first extraordinary shareholders’ meeting of 2026.

Overview of Proposal Voting Results

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The board of directors of Liuzhou Chemical Co., Ltd. stated that it will promptly disclose the specific time and related matters for the first extraordinary shareholders’ meeting of 2026 in accordance with relevant regulations. Investors can pay attention to the company’s subsequent announcements published on the Shanghai Stock Exchange website (www.sse.com.cn) and in the Shanghai Securities Journal.

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Editor: Xiaolang News Report