Zhongxin shares: The preliminary ruling of Canada's anti-dumping and anti-subsidy investigation on hot-formed molded fiber tableware originating from China has been released, and it is expected not to have a significant adverse impact on the company's operating performance.

Zhongxin shares announced that on February 27, 2026, the Canadian investigating authority made a preliminary ruling on anti-subsidy measures for hot-formed molded fiber tableware imported from China. The company and its wholly-owned subsidiary, Guangxi Huabao Fiber Products Co., Ltd., as active respondents, were subject to anti-subsidy rates of 11.8% and 5.7%, respectively. The Canadian investigating authority also announced the preliminary ruling on anti-dumping measures for hot-formed molded fiber tableware imported from China during the same period. The company and its wholly-owned subsidiary, Guangxi Huabao Fiber Products Co., Ltd., as active respondents, were subject to anti-dumping rates of 26.1%. As of the date of this announcement, the "double anti" investigation has not yet concluded, and the above results are preliminary rulings. During the investigation period, the company's exports to Canada accounted for approximately 7.7% of the company's total revenue for the same period. It is expected that this "double anti" investigation will not have a significant adverse impact on the company's business performance.