Slide 1: Investor Conference
2026 Investor Conference 2026/8/26
Slide 2: Investor Conference Itinerary
China General Plastics Corp. Investor Conference 2026/8/26 Time Itinerary Reporter 14:00〜14:30 VIP Registration Review for Q2 & Outlook for Q3 J H Wu, Director 14:30〜15:00 Finance Information for H1 C F Li, Manager 15:00〜15:30 Q&A Otto Hu, President 2
Slide 3: 2026 Q2 Review & Q3 Outlook
China General Plastics Corp. 2026 Q2 Review & Q3 Outlook Aug 26, 2026 Reporter : J.H. Wu, Director 3
Slide 4: Q2 Review: PVC feedstocks (I)
2026 Q2 Review : PVC feedstocks(I) Ethylene : In early Q2, intense US–Iran military conflicts disrupted Middle Eastern petrochemical feedstock supplies. Multiple crackers declared Force Majeure, and deep-sea cargoes were diverted to Europe or switched to ethane. Supply and demand in Asia tightened
Slide 5: Q2 Review: PVC feedstocks (II)
2026 Q2 Review : PVC feedstocks(II) EDC : In H1 2026, impacted by Middle East geopolitics, raw material supply chains broke down in March. Taiwanese and South Korean manufacturers declared Force Majeure, several Chinese producers halted exports, and deep-sea supply could not replenish shortfalls i
Slide 6: Q2 Review: PVC feedstocks (III)
2026 Q2 Review : PVC feedstocks(III) VCM : Q2 was mainly impacted by geopolitical conflicts in the Middle East. Freight and insurance premiums for Ethylene/EDC shipments skyrocketed, significantly pushing up production costs. Japanese and South Korean producers curtailed supply due to feedstock sh
Slide 7: Q2 Review: PVC (I)
2026 Q2 Review : PVC(I) China : Domestic consumption was weak; H1 new housing starts dropped -22% YoY, and operating rates for downstream plastic products remained low (41%), resulting in sluggish PVC buying interest. Due to peak spring maintenance and Ethylene supply constraints, operating rates
Slide 8: Q2 Review: PVC (II)
2026 Q2 Review : PVC(II) Asia : In Q2, the Asian petrochemical sector was hit by Middle East tensions. Upstream raw material premiums far exceeded PVC prices, causing Asian producers' production costs to outpace US PVC and Chinese Carbide-based PVC. Simultaneously, rising ocean freight rates force
Slide 9: Q2 Review: PVC (III)
2026 Q2 Review : PVC(III) United States : In Q2, US existing home sales grew +4% YoY during the traditional peak construction season. Buying interest for building-related materials (window frames, pipes/sheets) recovered, with domestic sales volume reaching 1.34 million MT (+3.9% YoY). On the supp
Slide 10: H1 Review: Consolidated Sales
2026 H1 Review : Consolidated Sales The consolidated sales in 2026 H1 was NT$ 5.404 B, which increased by NT$ 0.283 B YoY ( 6%↑). Sales Quantities (KT) Products 2026 2025 +/- VCM / PVC 155 158 -3 PVC Products 14 14 0 Alkaline 100% 28 29 -1 Total 197 201 -4 10
Slide 11: Crude Oil & Ethylene Price Trend
Crude Oil & Ethylene Price Trend Unit:US$/bbl WTI Unit:US$/MT CFR NEA (Platts) 130 1,500 Crude Oil Ethylene 110 1,300 90 1,100 70 900 50 700 30 500 10 300 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Oct-23 Jan-24 Apr-24 Jul-24 Oct-24 Jan-2
Slide 12: PVC / VCM / EDC Price Trend
PVC / VCM / EDC Price Trend Unit:US$/MT CFR NEA (Platts) 1,950 1,800 EDC VCM PVC 1,650 1,500 1,350 1,200 1,050 900 750 600 450 300 150 0 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan-23 Apr-23 Jul-23 Oct-23 Jan-24 Apr-24 Jul-24 Oct-24 Jan-25 Apr-25 Jul-25 Oc
Slide 13: Q3 Outlook: PVC feedstocks (I)
2026 Q3 Outlook : PVC feedstocks(I) Ethylene : Geopolitical uncertainty in the Middle East and sustained low transit volume through the Strait of Hormuz continue to disrupt petrochemical supply chains. Following the breakdown of the ceasefire agreement, Ethylene prices spiked violently alongside C
Slide 14: Q3 Outlook: PVC feedstocks (II)
2026 Q3 Outlook : PVC feedstocks(II) EDC : In Q3, geopolitical blockades continue to restrict raw material circulation. Costs are supported by high Ethylene prices and Chlor- Alkali production cuts; however, sluggish downstream VCM / PVC demand has hindered upward price adjustments. Asian spot tra
Slide 15: Q3 Outlook: PVC feedstocks (III)
2026 Q3 Outlook : PVC feedstocks(III) VCM : In Q3, under the pressure of firm upstream raw material costs and weak downstream PVC demand, Asian manufacturers are incurring losses and forced to lower operating rates, creating short-term supply tightness. Furthermore, as global VCM plants enter peak
Slide 16: Q3 Outlook: PVC Supply (I)
2026 Q3 Outlook : PVC Supply(I) China : Higher summer electricity tariffs and elevated upstream raw material costs, combined with policy-driven energy-efficiency inspections targeting inefficient Carbide-based PVC capacity, slow domestic real estate start-up recovery, and weak export demand with a
Slide 17: Q3 Outlook: PVC Supply (II)
2026 Q3 Outlook : PVC Supply(II) Asia : With Middle East peace talks collapsing, Asian Naphtha/Ethylene supply has tightened. High raw material costs support PVC quotes; however, global inflation, consumer slowdown, extreme weather disrupting logistics, elevated ocean freight rates, and trade prot
Slide 18: Q3 Outlook: PVC Supply (III)
2026 Q3 Outlook : PVC Supply(III) United States : Far removed from geopolitical hot spots and equipped with relatively low-cost Ethane and Natural Gas energy, US PVC production and sales hold price advantages over Europe and Asia. In Q3, only Shintech's Plant 2 (445,000 MT/year) is under maintenan
Slide 19: Q3 Outlook: PVC Demand (I)
2026 Q3 Outlook : PVC Demand(I) China : Sluggish Q3 new housing starts continue to drag down the traditional "Golden September and Silver October" peak season. However, the NDRC's disclosure of the "Six-Network Infrastructure" urban renewal policy under the 15th Five-Year Plan has injected positiv
Slide 20: Q3 Outlook: PVC Demand (II)
2026 Q3 Outlook : PVC Demand(II) Asia : Entering the traditional peak season late in Q3, the monsoon season ends in India, Bangladesh, and Southeast Asia, leading to a return in demand for Indian residential, agricultural irrigation, and cable applications, as well as Southeast Asian infrastructur
Slide 21: Q3 Outlook: PVC Demand (III)
2026 Q3 Outlook : PVC Demand(III) United States : With a less probability of Fed rate cuts and mortgage rates remaining high (6.7%), the US housing market is undergoing a mild bottoming process in Q3. Demand for related pipes, wall panels, and window frames is slowing down, resulting in flat-to-we
Slide 22: Patenting High Value-added New Products (I)
Patenting High Value-added New Products (I) 1. ISO 14021 Green Innovative Products : Recycled PVC Content Certified Products 1) Low-Carbon Film/Lamination: Utilizes 20%~30% Pre-Consumer Recycled PVC Film. - An ESG-compliant product meeting RoHS standards. - Strategically positions for eco-friendly g
Slide 23: Patenting High Value-added New Products (II)
Patenting High Value-added New Products (II) 2. PVC Cooling Leather : - Addressing the discomfort caused by extreme climate and high temperatures in outdoor vehicles during summer. - Cross-Industry Applications : Widely adopted in brand motorcycles, shared bicycles, golf carts, European/American mar
Slide 24: Patenting High Value-added New Products (III)
Patenting High Value-added New Products (III) 3. Optimized Leather Products (PVC/TPO) with Water-Based Skin-Friendly Features : - Eco-Technology: Adopts water-based, solvent-free technology, drastically reducing VOC emissions to align with market trends and environmental regulations. - Superior Char
Slide 25: Patenting High Value-added New Products (IV)
Patenting High Value-added New Products (IV) 4. TPO Hand-Tearable Tape / Insulating Tape (ESG Products) : 1) TPO Hand-Tearable Tape Product Features : - Eco-friendly, free of plasticizers and heavy metals. - Features easy-tear properties. - Complies with EU PPWR packaging material recycling regulati
Slide 26: 2026 H1 Finance Information
China General Plastics Corp. 2026 H1 Finance Information Aug 26, 2026 Reporter : C F Li, Manager 26
Slide 27: HY1 Sales by Products
2026 HY1 Sales by Products (NT$million) 27
Slide 28: Consolidated Statements of Income
Consolidated Statements of Income Unit : NT$million , except per share data 2026 2025 2025 2024 2023 YoY% Jan.-Jun. Jan.-Jun. FY FY FY Sales 5,404 5,120 5.5% 9,221 11,087 13,707 Cost of goods sold 4,941 5,418 -8.8% 9,571 10,876 12,030 Gross profit 463 -298 -255.4% -350 211 1,677 Gross profit ratio 8
Slide 29: Financial Ratio Analysis (Consolidated Basis)
Financial Ratio Analysis (Consolidated Basis) 2026 2025 2025 2024 2023 Jan.-Jun. Jan.-Jun. FY FY FY Operating income margin(%) 0.1 -15.1 -13.7 -7.6 3.4 Net income margin(%) 0.0 -13.9 -10.7 -6.8 2.9 Debt ratio(%) 56 51 53 48 42 Current ratio(%) 125 96 109 136 204 Quick ratio(%) 72 60 58 82 127 Averag
Slide 30: Disclaimer
Disclaimer This presentation includes the Company’s current information and any development or adjustments thereof will be published according to laws, regulations or rulings. The Company is not obligated to update or revise this presentation. The information in this presentation is not for inve
Slide 31: The End Thank You
China General Plastics Corp. The End Thank You 2026/8/26 Work together to create prosperity 31
Slide 32: Investor Conference Q&A
China General Plastics Corp. Investor Conference Q&A 2026/8/26 Work together to create prosperity 32