Huajin Group: The company's performance will not trigger the risk warning of delisting.

Huajin Stock stated in its performance briefing on November 7 that, according to relevant regulations, the company's performance will not trigger the delisting risk warning. The reason for the company's consecutive losses is related to the fluctuation of international oil prices, but that is not the only reason. In addition to the oil price factor, there are various factors such as insufficient downstream demand in the petrochemical industry, oversupply, and the acceleration of new energy vehicle substitution. The company has recognized these issues and is actively taking measures to address them, such as optimizing procurement strategies, exploring new channels, and improving marketing operations to reduce the adverse effects of raw material fluctuations.