Securities Code: 002109
Securities Abbreviation: ST Xinghua
Number: 2026-037
Shaanxi Xinghua Chemical Co., Ltd.
Announcement on Abnormal Fluctuations in Stock Trading
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, without false records, misleading statements, or major omissions.
Special Risk Warning:
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Shaanxi Xinghua Chemical Co., Ltd. (hereinafter referred to as the Company) received a qualified opinion on its internal control audit report for the year 2025. This falls under Article 9.8.1, Item 4 of the Shenzhen Stock Exchange Main Board Stock Listing Rules (hereinafter referred to as the Listing Rules), which states that "the financial report's internal control was issued an audit report with an opinion of inability to express an opinion or a negative opinion, or the internal control audit report of the financial report was not disclosed as required." In accordance with relevant regulations, the Company's stock has been subject to other risk warnings (ST) since the market opened on May 6, 2026.
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On April 29, 2026, the Company received a "Notice of Case Filing" (File No.: Zheng Jian Li An Zi [2026] No. 0092026002) from the China Securities Regulatory Commission (hereinafter referred to as the CSRC). The CSRC decided to file a case against the Company for suspected information disclosure violations and irregularities, in accordance with the "Securities Law of the People's Republic of China," the "Administrative Penalty Law of the People's Republic of China," and other laws and regulations. As of now, the Company has not yet received the CSRC's final investigation conclusion. The final investigation results of the case filing will be subject to the conclusion issued by the CSRC.
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On April 30, 2026, the Company disclosed its "2026 First Quarterly Report." In January and February 2026, the main products of its subsidiary Xinghua Chemical experienced a negative gross profit margin, resulting in a net profit attributable to the parent company of -6.904 million yuan for the first quarter. The Company remained in a loss-making state in the first quarter.