What changed in this filing

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Item 1. Legal Proceedings

2026-09-30 compared with 2026-08-28 · 31 added, 30 removed, 9 unchanged (87% of the section changed)

Legal Proceedings

On or about August 3, 2018, written decisions of administration

penalty captioned Shou Guo Tu Zi Fa Gao Zi [2018] No.

291, Shou Guo Tu Zi Fa Gao Zi [2018] No.

292, Shou Guo Tu Zi Fa Gao Zi [2018] No.

or about August 3, 2018, written decisions of administration penalty captioned Shou Guo Tu Zi Fa Gao Zi [2018] No.

291, Shou Guo Tu Zi

Fa Gao Zi [2018] No.

292, Shou Guo Tu Zi Fa Gao Zi [2018] No.

293, Shou Guo Tu Zi Fa Gao Zi [2018] No.

294, Shou Guo Tu Zi Fa Gao Zi

295 and Shou Guo Tu Zi Fa Gao Zi [2018] No.

296 (together,

the “Written Decisions”) were served on Shouguang City Haoyuan Chemical Company Limited (“SCHC”) by the Shouguang

City Natural Resources and Planning Bureau (the “Bureau”), naming SCHC as respondent.

For more details and information related to the Written Decisions,

please see “Note 22 – Loss Contingencies, Notes to Condensed Consolidated Financial Statement” contained in this quarterly

According to a Civil Mediation Statement (No.

(2025) Lu 0783

Min Chu 2607) issued by the Shouguang People's Court of Shandong Province on March 17, 2025, Shouguang City Haoyuan Chemical Company Limited

("SCHC"), a wholly owned subsidiary of the Company, owes the plaintiff, Shouguang Chengyu Trading Co., Ltd., a total of RMB

226,825.44 for goods.

SCHC is also obligated to make monthly payments of RMB 50,000 to the plaintiff by the 15th of each month, starting

in April 2025, until the debt is fully paid off.

According to the mediation document No.

1358 of the Local Arbitration

Commission, the applicant, Shandong Deepin City Emergency Loan Fund Co., Ltd., and the respondent, Shandong Shouguang Vegetable Industry

Group Co., Ltd., confirmed that the total amount of the debt was 15,000,000 yuan, as well as the interests to be paid in the future.

Yuxin Chemical Co., Ltd.

and Shouguang Haoyuan Chemical Co., Ltd.

are jointly and severally liable for the above payment contents.

the payment is not made on time, the applicant has the right to apply to the court for compulsory execution.

According to the mediation

1357 of the Local Arbitration Commission in 2023, the applicant, Shandong Deepin City Emergency Loan Fund Co., Ltd., and

the respondent, Shandong Shouguang Vegetable Seed Industry Group Co., Ltd., confirmed that the total amount of the debt was 10,000,000

296 (together, the “Written Decisions”) were served on Shouguang City

Haoyuan Chemical Company Limited (“SCHC”) by the Shouguang City Natural Resources and Planning Bureau (the “Bureau”),

naming SCHC as respondent.

more details and information related to the Written Decisions, please see “Note 22 – Loss Contingencies, Notes to Condensed

Consolidated Financial Statement” contained in this quarterly report.

to a Civil Mediation Statement (No.

(2025) Lu 0783 Min Chu 2607) issued by the Shouguang People’s Court of Shandong Province on

March 17, 2025, Shouguang City Haoyuan Chemical Company Limited (“SCHC”), a wholly owned subsidiary of the Company, owes

the plaintiff, Shouguang Chengyu Trading Co., Ltd., a total of RMB 226,825.44 for goods.

SCHC is also obligated to make monthly payments

of RMB 50,000 to the plaintiff by the 15th of each month, starting in April 2025, until the debt is fully paid off.

to the mediation document No.

1358 of the Local Arbitration Commission, the applicant, Shandong Deepin City Emergency Loan Fund Co.,

Ltd., and the respondent, Shandong Shouguang Vegetable Industry Group Co., Ltd., confirmed that the total amount of the debt was 15,000,000

yuan, as well as the interests to be paid in the future.

1 unchanged sentence

and Shouguang Haoyuan Chemical Co., Ltd.

jointly and severally liable for the above payment contents.

are jointly and severally liable for the above payment contents.

If the payment is not made on time, the applicant has the right to apply

to the court for compulsory execution.

Reading these two mediation, in August 2025, the court auctioned the idle land and attached properties

on the ground of Shouguang Yuxin Chemical Co., Ltd.

According to the mediation document No.

1357 of the Local Arbitration Commission in 2023, the

applicant, Shandong Deepin City Emergency Loan Fund Co., Ltd., and the respondent, Shandong Shouguang Vegetable Seed Industry Group Co.,

Ltd., confirmed that the total amount of the debt was 10,000,000 yuan, as well as the interests to be paid in the future.

Shouguang Yuxin

Chemical Co., Ltd.

and Shouguang Haoyuan Chemical Co., Ltd.

are jointly and severally liable for the above payment contents.

If the payment

is not made on time, the applicant has the right to apply to the court for compulsory execution.

Reading these two mediation, in August

2025, the court auctioned the idle land and attached properties on the ground of Shouguang Yuxin Chemical Co., Ltd.

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-Q

Item 1. Legal Proceedings