Geopolitics → Oil prices → Fishing costs, the chain is clear, and risks are manageable.

CryptoWorld News: Zhongshui Fishery stated during a targeted survey that, as of now, the company's average purchase price for fuel used in production and operations has increased by 7% compared to the same period last year. Geopolitical tensions indeed transmit through international oil prices, creating a phased upward pressure on industry fuel costs. Fuel costs account for approximately 30% of the company's fishing expenses, representing a significant proportion. The company has a dual hedging capability with its own fuel supply fleet and offshore refueling services, which can effectively offset part of the impact of rising oil prices, making the overall risk controllable.