Fengfan Co., Ltd.: The controlling subsidiary experienced a fire accident, initially estimated to have a certain impact on performance.

People’s Financial News, March 29 - Fengfan Co., Ltd. (601700) announced on March 29 that around 4 PM on March 27, a fire occurred in the cleaning area of the slicing workshop of its controlling subsidiary, Yangzhou Jingying. With the efforts of local firefighting and emergency departments, the fire has been extinguished. Currently, the specific cause of the fire is under investigation and verification. There were no casualties from this incident, but the factory and equipment at the accident site were damaged to some extent. The specific extent of the damage is being verified and assessed, and it is initially estimated that there will be some impact on the company’s overall performance in 2026. Related insurance loss adjustment and claims work is being carried out in an orderly manner. Due to the impact of this incident, some product delivery schedules at Yangzhou Jingying have been affected, and the company is coordinating arrangements to minimize or eliminate the impact on customer order deliveries. As of the date of this announcement, the production and operation situation of other subsidiaries of the company remains normal.