Release Date: June 25, 2026 Statement Date: June 24, 2026 Statement Time: 10:48:58 Company Code: 1560 Company Name: Chung Sha Subject: Clarification of Economic Daily Report Dated June 24, 2026 Applicable Clause: Item 51 Event Date: June 24, 2026
Details: 1. Event Date: June 24, 2026 2. Company Name: China Grinding Wheel Enterprise Co., Ltd. 3. Relationship to Company:本公司 (Our Company) 4. Cross-shareholding Ratio: Our Company 5. Media Outlet: Economic Daily, Page C04 6. Report Content: The Economic Daily reported that Chung Sha (1560)'s diamond disc and wafer recycling businesses are benefiting from expansion effects, leading to expectations that second-half performance will exceed the first half. Analysts optimistically estimate that if growth momentum remains strong in the second half, Chung Sha may achieve its annual revenue target of NT$10 billion ahead of schedule and potentially earn profits exceeding its paid-in capital for the first time. 7. Reason for Statement: To clarify media reporting 8. Response Measures: The content of the report is purely based on analyst estimates. For any financial or business-related information regarding the company, please refer exclusively to official announcements published on the Public Information Observation Station. 9. Other Disclosures: None
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- Source: PR Times
- Category: News