Jinniu Chemical: Methanol prices show oscillating trend in the short term, with no major adjustments in industry policies recently.

On March 16, Jinniu Chemical (600722.SH) issued an announcement regarding abnormal stock trading fluctuations and risk warning. The company’s stock closed with a cumulative deviation of over 20% for two consecutive trading days, which, according to the relevant regulations of the Shanghai Stock Exchange Trading Rules, constitutes an abnormal stock trading fluctuation.

In response to the abnormal trading activity, the company has conducted an investigation into the relevant matters. After self-examination, the company’s production and operation activities are normal, and there have been no significant changes in industry policies recently. Additionally, after self-checking and consulting in writing with the company’s controlling shareholders and actual controllers, as of the disclosure date of this announcement, the company and its controlling shareholders and actual controllers have no major undisclosed or planned major matters involving the company. Furthermore, the company has not found any recent media reports or market rumors that could or have affected the trading price of the company’s stock, nor any hot concept topics. After verification, no major events that could significantly impact the company’s stock price have been identified. The company’s controlling shareholders, actual controllers, directors, supervisors, and senior management did not buy or sell the company’s stock during this abnormal trading period. Finally, there is no information previously disclosed by the company that requires correction or supplementation.

Since the close on February 5, 2026, the company’s stock price has increased by a total of 134.39%, with recent volatility being significant. In the first three quarters of 2025, the company achieved a net profit attributable to shareholders of listed companies of 36.0285 million yuan, a decrease of 2.9314 million yuan or 7.52% compared to 38.9599 million yuan in the same period of 2024. Recently, due to multiple factors such as geopolitical tensions, methanol prices have shown short-term fluctuations. Currently, the company’s production and operation activities are normal, and there have been no major adjustments in industry policies recently. Investors are advised to be cautious of investment risks and invest rationally.