Message from Chairman

Chin Huay Public Company Limited

Dear Shareholders

Navigating Global Uncertainty

In 2025, the global economy continued to face volatility from multiple factors, including geopolitical tensions, tightening financial conditions in major economies, and uncertainties in international trade policies, particularly the United States’ import tariff measures, which have affected global trade directions and export sectors. At the same time, exchange rate fluctuations and the slowdown of economies in trading partner countries have continued to place pressure on Thailand’s export sector, including the processed food industry, which relies significantly on international markets. Nevertheless, the domestic economy has been supported by the recovery of the tourism sector and domestic consumption.

A Year of Challenge and Resilience

Under these circumstances, 2025 was a challenging year for Chin Huay Public Company Limited. The Company’s performance was impacted by several external factors, including global economic volatility, the appreciation of the Thai Baht, and a slowdown in customer orders during certain periods, resulting in a decline in total revenue. These impacts arose from external factors beyond the Company’s control. However, the Company has been able to maintain its business strength through effective cost management, adjustments to its operating strategies in line with market conditions, and the development of products that respond to continuously changing consumer demands. Toward the end of 2025, signs of recovery in customer orders began to emerge in certain markets, reflecting customer confidence and the potential of the Company’s products.

The past year also marked an important milestone for the Company, as it celebrated its 100th anniversary, reflecting the organization’s journey from a family business to a public company that has earned the trust of customers and business partners both domestically and internationally over a long period. The year 2026 represents another important period for the Company as it moves toward Next Generation Leadership. The Board of Directors is confident that the transition of leadership to the new Chief Executive Officer will continue to build upon the Company’s strong foundation and drive the organization toward a new phase of growth.

On this occasion, the Company has announced its vision, “Expand Control and Be Known” to define its future growth direction. This focuses on three key approaches, which are expanding production capacity and operations at the international level, managing and controlling strategic raw materials to enhance efficiency in quality and cost, and developing the Company’s brand to be recognized internationally.