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Xinxiang Chemical Fiber: Net profit in 2025 is expected to decrease by 19.36% year-on-year, with a proposed dividend of 0.2 RMB per 10 shares.
People’s Finance News on April 7 reported that Xinxiang Chemical Fiber (000949) disclosed its annual report on April 7. In 2025, it recorded operating revenue of 7.86B yuan, up 6.67% year over year; net profit attributable to shareholders was 198 million yuan, down 19.36% year over year; and basic earnings per share were 0.1195 yuan. The company plans to distribute a cash dividend of 0.2 yuan for every 10 shares (including tax). During the reporting period, the market price trend of the company’s main products—spandex fiber and biomass cellulose filament—moved differently; however, the process of selecting winners and eliminating losers in the industry accelerated. During the reporting period, the company produced 98,400 tons of biomass cellulose filament and 201,522 tons of spandex fiber.