March 27 Midday Announcement Overview: Chenhua Shares' wholly-owned subsidiary Huai'an Chenhua New Materials Co., Ltd. re-certified as a high-tech enterprise

2026-04-01 22:28:40

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Chenghua Shares announcement. Its wholly owned subsidiary, Huai’an Chenghua New Materials Co., Ltd., has recently received the “High-Tech Enterprise Certificate” issued jointly by the Jiangsu Provincial Department of Science and Technology, the Jiangsu Provincial Department of Finance, and the State Taxation Administration’s Jiangsu Provincial Taxation Bureau (Certificate No.: GR202532005929; issue date: December 19, 2025; validity period: three years). Pursuant to the national tax incentive policies for high-tech enterprises, Huai’an Chenghua, starting from the time it was recognized as a high-tech enterprise, will be eligible for the income tax preferential policy for three consecutive years (i.e., 2025, 2026, and 2027), meaning it will pay enterprise income tax at a rate of 15%. In 2025, Huai’an Chenghua has already filed tax returns and made advance tax payments using the 15% enterprise income tax rate. This time, the company’s re-recognition as a high-tech enterprise will not affect the company’s operating performance for 2025.

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