Baichuan Shares: Recent Market Prices of Some Chemical Products Have Risen; Unable to Predict the Impact on Performance at This Time

(Source: Caixin)

The company’s stock price has experienced a cumulative deviation of over 20% in the closing prices for two consecutive trading days. According to the relevant regulations of the Shenzhen Stock Exchange Trading Rules, this constitutes an abnormal fluctuation in stock trading.

On March 12, Baichuan Co., Ltd. (002455.SZ) announced that the company’s stock price had deviated by more than 20% in the closing prices for two consecutive trading days. According to the relevant regulations of the Shenzhen Stock Exchange Trading Rules, this is considered an abnormal fluctuation in stock trading.

In response to the abnormal fluctuation in the company’s stock trading, the company’s board of directors has verified the relevant matters with the company, the controlling shareholder, and the actual controller. Specifically, no corrections or supplements are needed for the information previously disclosed by the company; no recent media reports have disclosed material information that could significantly impact the company’s stock trading price; aside from some chemical product price increases, the company’s operating conditions and internal and external business environment have not changed significantly; the company, controlling shareholder, and actual controller have no undisclosed major matters that should be disclosed or are under planning; after verification, during the period of abnormal stock fluctuation, the controlling shareholder and the actual controller did not buy or sell the company’s stock.

Meanwhile, the company’s board of directors reminds investors of related risks: First, after self-examination, the company has no violations of fair disclosure of information. Second, the company’s “2025 Annual Report” will be disclosed on April 29, 2026, and the financial accounting and related preparations are underway. The company expects to achieve a net profit attributable to shareholders of the listed company between -110 million yuan and -60 million yuan for 2025, representing a decrease of 201.22% to 155.21% compared to the same period last year. Investors are advised to pay attention to the risks related to the company’s operating performance. Furthermore, due to recent market supply and demand factors, the market prices of some chemical products have increased. However, because the sustainability of product price fluctuations is uncertain, the impact on the company’s performance cannot be estimated at this time. Investors are advised to invest rationally and be aware of investment risks.