"Performance forecast with a 'big change', stock price hits limit down, China National Chemical Corporation's response"

On April 9th, the stock of China National Chemical Geology Co., Ltd. fell to the daily limit, closing at 2.7 RMB per share. Prior to this, China National Chemical Geology had revised its 2025 annual performance forecast, with the net profit attributable to the parent company adjusted from an expected -8 billion RMB to -6 billion RMB, and the non-recurring net profit adjusted from an expected -7.9 billion RMB to -5.9 billion RMB. The company expects that the year-end attributable equity of the parent company in 2025 may be negative, and the stock trading may be subject to delisting risk warning by the Shenzhen Stock Exchange. A staff member from the securities department of China National Chemical Geology responded to reporters that this significant downward revision was due to the discovery of issues by the auditing agency during the audit process, and the substantial difference between the previous performance forecast and the revised performance should not have occurred.