Sinopec Guande announced that the Group expects the profit attributable to shareholders of the Company recorded for the six months ended June 30, 2026 to decrease by about 25%-35% compared with the profit attributable to shareholders in the same period last year. The expected decline in profit attributable to shareholders is mainly due to the escalation of the situation in the Middle East during the period, which seriously impeded navigation through the Strait of Hormuz, directly affecting the global oil market pattern, as well as the Group's domestic and overseas warehousing and terminal business, as well as subsidiary companies' profit contributions to the company; the company's joint venture, Rizhao Shihua Crude Oil Terminal Co., Ltd. has entered a liquidation process, causing Rizhao Shihua's throughput during the period and the investment income it contributed to the company drastically decreased compared to the same period last year.

Sinopec Guande announced that the Group expects the profit attributable to shareholders of the Company recorded for the six months ended June 30, 2026 to decrease by about 25%-35% compared with the profit attributable to shareholders in the same period last year. The expected decline in profit attributable to shareholders is mainly due to the escalation of the situation in the Middle East during the period, which seriously impeded navigation through the Strait of Hormuz, directly affecting the global oil market pattern, as well as the Group's domestic and overseas warehousing and terminal business, as well as subsidiary companies' profit contributions to the company; the company's joint venture, Rizhao Shihua Crude Oil Terminal Co., Ltd. has entered a liquidation process, causing Rizhao Shihua's throughput during the period and the investment income it contributed to the company drastically decreased compared to the same period last year.