Starshine Circular Material: If oil prices or the supply and demand relationship of styrene undergo significant changes, it may not be able to effectively alleviate cost pressures.

Starlight Ring Material Stock Trading Severe Abnormal Fluctuation Announcement, the company’s polystyrene products’ main raw material is styrene, which is a major chemical product downstream of petroleum refining. If oil prices or the supply and demand relationship of styrene change significantly, causing drastic fluctuations in raw material prices, the company may be unable to effectively mitigate cost pressures through conventional cost transfer mechanisms, leading to a decline in the company’s gross profit margin. Meanwhile, large fluctuations in raw material prices may pose significant management challenges to the company’s inventory management, production cost control, pricing mechanisms, and other areas, thereby increasing the risk of operational performance volatility.