Hubei Xingfa Chemicals Group reports Q3 growth, board approves governance changes

Hubei Xingfa Chemicals Group announced its Q3 2025 financial results, reporting operating revenue of 9.16bn yuan, a 5.96% increase from the prior year, and total profit of 874.1m yuan, up 26.52%. The board also approved a guarantee of up to 830m yuan for its wholly-owned subsidiary, Baokang Chu Feng Chemical Co., Ltd., to support its operational and development needs.

In parallel, the board sanctioned the cancellation of the Supervisory Board and amendments to the Articles of Association and other corporate governance documents, pending shareholder approval. This move aligns with new regulatory requirements and aims to enhance governance. These resolutions will be put to a vote at an extraordinary general meeting on November 12, 2025.

The company's operational data for Q3 2025 showed varied performance across product segments, with special chemicals sales up, while pesticide, fertilizer, and organic silicon series products experienced price fluctuations. Raw material prices also saw shifts, impacting overall profitability. The board emphasizes that these internal operating statistics are for investor reference, and no implicit forecasts or guarantees are made.