DFD(002407.SZ): Yifeng Electronics has not established any form of business cooperation, brand authorization, or product manufacturing relationships with Shufu Xiang, Zengqiao Food, or other entities.

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Gelonghui, March 16 — Polyfluoro Multinational (002407.SZ) issued a statement regarding media reports. On March 15, the company noted that CCTV’s “3.15” program team reported that their investigation found Sichuan Shufuxiang Food Co., Ltd., Chongqing Zengqiao Food Co., Ltd., and others using hydrogen peroxide to bleach and swell chicken feet during production. This involves Henan Yifeng Electronic New Materials Co., Ltd. (hereinafter referred to as “Yifeng Electronics”) in their hydrogen peroxide sales business. After self-inspection and verification:

Yifeng Electronics is a subsidiary controlled by Polyfluoro Multinational. In 2025, its revenue is projected to be 31.152 million yuan, with a net profit of -3.3872 million yuan, accounting for a small proportion of the company’s consolidated revenue and net profit, with revenue share less than 1% (2025 data unaudited). The company’s business scope includes: production of hazardous chemicals; production of food additives; hazardous chemical operation; production of food detergents; disinfectant production (excluding hazardous chemicals) (projects requiring approval must be approved by relevant authorities before operation; specific business items are subject to approval documents or permits). General items include: import and export of goods; sale of disinfectants (excluding hazardous chemicals); sale of food detergents; technical services, development, consulting, exchange, transfer, and promotion (excluding projects requiring approval, conducted lawfully with business license). Yifeng Electronics has legally obtained all necessary operating licenses, including Business License, Food Production License, Hazardous Chemicals Operation License, and Disinfectant Production Enterprise Hygiene License. All license documents are genuine and valid, and the company strictly conducts hydrogen peroxide (double oxygen water) production and operation within the scope of its permits.

The company has verified that Yifeng Electronics has not established any form of business cooperation, brand authorization, or product production relationship with Sichuan Shufuxiang Food Co., Ltd., Chongqing Zengqiao Food Co., Ltd., or other entities mentioned in the media reports. Its production and sales activities are unrelated to the company and its subsidiaries.

The company will actively cooperate with government regulatory authorities to verify relevant matters and fulfill necessary information disclosure obligations.