Dongyang Silicon Materials: The company has experienced a fire accident, which is expected to have a certain impact on the company's performance in 2025.

date
21/07/2025
Dongyue Silicon Materials Announcement: Around 13:50 on July 20th, a fire accident occurred in Bed B of the synthetic third phase of Shandong Dongyue Silicone Materials Co., Ltd. After preliminary investigation, this fire accident has caused varying degrees of damage to the synthetic third phase plant, equipment, and inventory. The specific amount of loss is still being assessed. The company has insured the damaged assets with property insurance, and has completed the claims process with the insurance company. Relevant loss assessment and claims work is currently in progress. Due to the uncertainty of the time to resume production and operation, it is initially estimated that this accident will have a certain impact on the company's operating performance in 2025. The company will strive to maximize customer order delivery and take all necessary measures to minimize losses.