Zhitong Finance App News, Guochuang Hi-Tech (002377.SZ) issued an announcement. The cumulative closing price increase deviation value of the company's stock reached 22.31% for 2 consecutive trading days (September 9 and September 10, 2026). According to the relevant provisions of the “Shenzhen Stock Exchange Trading Rules”, this is a situation where stock trading fluctuates abnormally. The company is concerned that the recent rise in international crude oil prices has led to a rise in asphalt prices, and the market is paying more attention to the company's asphalt business. The company's main business is R&D, production and sales of pavement asphalt series products. Petroleum asphalt is the main raw material of the company's main business. The purchase price of petroleum asphalt is highly correlated with international crude oil prices, domestic refining and chemical production capacity and market supply and demand. The rise in petroleum asphalt prices will increase the company's raw material procurement costs accordingly; the price adjustment of the company's products is affected by factors such as the price adjustment mechanism of downstream customers and downstream road construction needs, and there may be a certain lag in the transmission of costs to terminal prices. In the most recent fiscal year, the gross margin of the company's asphalt business was 4.54%, which is at a low level. If the price adjustment mechanism for the company's products cannot match the rise in raw materials, it will increase the difficulty of controlling the company's costs and the company's operating risks.

Zhitong Finance App News, Guochuang Hi-Tech (002377.SZ) issued an announcement. The cumulative closing price increase deviation value of the company's stock reached 22.31% for 2 consecutive trading days (September 9 and September 10, 2026). According to the relevant provisions of the “Shenzhen Stock Exchange Trading Rules”, this is a situation where stock trading fluctuates abnormally. The company is concerned that the recent rise in international crude oil prices has led to a rise in asphalt prices, and the market is paying more attention to the company's asphalt business. The company's main business is R&D, production and sales of pavement asphalt series products. Petroleum asphalt is the main raw material of the company's main business. The purchase price of petroleum asphalt is highly correlated with international crude oil prices, domestic refining and chemical production capacity and market supply and demand. The rise in petroleum asphalt prices will increase the company's raw material procurement costs accordingly; the price adjustment of the company's products is affected by factors such as the price adjustment mechanism of downstream customers and downstream road construction needs, and there may be a certain lag in the transmission of costs to terminal prices. In the most recent fiscal year, the gross margin of the company's asphalt business was 4.54%, which is at a low level. If the price adjustment mechanism for the company's products cannot match the rise in raw materials, it will increase the difficulty of controlling the company's costs and the company's operating risks.