川金诺：2025年年度报告（英文版）

2025AnnualReport StockCode:300505.SZAnnouncementNo.:2026-007AnnouncementDate:March2026 SectionIImportantNotes,TableofContentsandDefinitions TheBoardofDirectors(orthe“Board”)andthedirectors,aswellasseniormanagementpersonnelofKunmingChuanJinNuoChemicalCo.,Ltd.(hereinafterreferredtoasthe“Company”)herebyguaranteethatthecontentsofthisannualreportaretrue,accurate,andcomplete,withoutanyfalserecords,misleadingstatements,ormaterialomissions,andassumejointandseveralliabilityforitscontents. LiuMeng,thepersoninchargeoftheCompany,HuangHai,thepersonresponsibleforaccountingof the Company,and Wang Shiya,the person in charge of the accountinginstitution(thepersonresponsibleforaccounting),declarethattheywarrantthetruthfulness,accuracyandcompletenessofthefinancialstatementsinthisAnnualReport. AlltheCompany’sdirectorshaveattendedtheBoardmeetingforthereviewofthisReportanditssummary. Anyforward-looking statements in this Report,such as those related to future plans,strategies,orperformanceforecasts,donotconstituteanysubstantialcommitmentbytheCompanytoanyinvestorsorrelatedparties.Investorsandrelatedpartiesshouldmaintainsufficientawarenessoftheassociatedrisksandunderstandthedifferencesbetweenplans,forecasts,andcommitments. TheCompany has detailed the risks it faces in this Report.Please refer to Section III,“Management Discussion and Analysis,”Part“XI.Outlook for the Company’s FutureDevelopmentiii.Potentialrisksandmitigationmeasures”. TheCompany’sprofitdistributionplanapprovedatthemeetingoftheBoardofDirectorsisasfollows:TodistributeacashdividendofRMB4(tax-inclusive)per10sharesand0bonusshares(tax-inclusive)toallshareholdersbasedonthetotalsharecapitalof274,867,523shares,withtheconversionofcapitalreservesintothesharecapitalof0sharesper10shares. Contents SectionIImportantNotes,TableofContentsandDefinitions............................................................2SectionIICompanyProfileandPrincipalFinancialIndicators..........................................................7SectionIIITheManagementDiscussionandAnalysis.....................................................................11SectionIVCorporateGovernance,EnvironmentalandSocialMatters............................................55SectionVImportantMatters..............................................................................................................78SectionVIShareChangesandShareholderInformation................................................................101SectionVIIBondInformation.........................................................................................................109SectionVIIIFinancialStatements...................................................................................................110 DocumentsAvailableforInspection I.FinancialstatementsbearingthesignaturesandsealsofthepersoninchargeoftheCompany,thepersonresponsible for accounting and the person in charge of the accounting department(AccountingOfficer). II.Originalsoftheauditor’reportsbearingthesealsoftheaccountingfirmandthesignaturesandsealsofacertifiedaccountant. III.OriginalsofallcompanydocumentsandmanuscriptsofallannouncementsdisclosedonthewebsitedesignatedbytheChinaSecuritiesRegulatoryCommissionduringtheReportingPeriod. IV.Theoriginaltextofthe2025annualreportbearingthesignatureoftheCompany’slegalrepresentative. V.OtherInformation Placewheretheaforesaidreferencedocuments canbeobtained:SecuritiesDepartmentoftheCompany. Definitions SectionIICompanyProfileandPrincipalFinancialIndicators I.Companyinformation II.Contactpersonsandcontactmethods III.Informationdisclosureandplacesforinspection IV.Otherinformation AccountingfirmappointedbytheCompany ThesponsorinstitutionsengagedbytheCompanytoperformthedutiesofcontinuoussupervisionduringtheReportingPeriodsponsorinstitutions Applicable□Notapplicable ThefinancialadviserengagedbytheCompanytoperformthedutiesofcontinuoussupervisionduringtheReportingPeriod □ApplicableNotapplicable V.Principalaccountingdataandfinancialindicators IftheCompanyneedstoretrospectivelyadjustorrestateaccountingdataforpreviousyears □YesNo InrecentthreefiscalyearsoftheCompany,thelowerofnetprofitbeforeorafterdeductingnon-recurringgainsandlosseswasnegative.Moreover,theauditor’sreportforrecentoneyearsuggeststhattheCompany’sabilitytocontinueasagoingconcernisplaguedbyuncertainties □YesNo ThelowestoftheCompany’sauditedtotalprofit,netprofit,andnetprofitafterthedeductionofnon-recurringgainsandlossesduringtheReportingPeriodwasnegative □YesNo VI.Principalfinancialindicatorsbyquarters Unit:RMB WhethertheaforesaidfinancialindicatorsortheirsumaresignificantlydifferentfromrelevantfinancialindicatorsdisclosedbytheCompanyinitsquarterlyandsemi-annualreports □YesNo VII.AccountingdatadifferencesunderPRCGAAPandthoseundertheGAAPofaforeignjurisdiction 1.IftherewasanydifferenceofthenetprofitsandthenetassetsthatweredisclosedinthefinancialstatementundertheInternationalFinancialReportingStandards(IFRSs)withthoseundertheGenerallyAcceptedAccou