Announcement • May 26
Tongyu Advanced Materials (Guangdong) Co., LTD, Annual General Meeting, Jun 15, 2026 Tongyu Advanced Materials (Guangdong) Co., LTD, Annual General Meeting, Jun 15, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Jingdezhen, Jiangxi China New Risk • May 07
New major risk - Revenue and earnings growth Earnings have declined by 4.6% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 4.6% per year over the past 5 years. Valuation Update With 7 Day Price Move • Apr 30
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥249, the stock trades at a trailing P/E ratio of 71.6x. Average trailing P/E is 70x in the Electronic industry in China.