Strong Petrochemical Holdings Limited (STRONG PETRO, 00852) expects to post a loss attributable to owners of between HK$62.00 million and HK$66.00 million for the six months ended 30 June 2025, sharply higher than the HK$8.80 million loss recorded in the same period of 2024.

The projected deterioration is primarily linked to two factors: 1. Operations: A gross loss in the petrochemicals manufacturing segment under unfavourable market conditions eroded gross profit. 2. Expenses: Administrative expenses rose markedly due to legal and professional fees incurred by former management and costs related to the current management’s efforts to resume share trading.

These pressures were only partly offset by an increase in net foreign-exchange gains.

Governance and regulatory context: • The profit warning constitutes a profit forecast under Rule 10 of the Hong Kong Takeovers Code. It has not yet been reported on by the Company’s financial advisers or auditors, and therefore does not meet Rule 10 requirements. • Trading in STRONG PETRO shares has been suspended since 31 December 2024 and will remain so until further notice. • The Company’s controlling shareholder, Forever Winner International Ltd., is in liquidation. The appointed liquidators signed a sale and purchase agreement on 29 May 2026 to dispose of the 49.06% stake to Speed Success Group Limited, potentially triggering a mandatory general offer under the Takeovers Code.

The unaudited interim results for 1H25 are scheduled for publication on 23 June 2026. Shareholders and potential investors are urged to exercise caution when dealing in the Company’s shares.