Shengquan Group: PPE resin and electronic grade PPO resin belong to different product systems. The company's advanced electronic material products have stable prices and no significant price increases.

An investor asked Sanquan Group, recent media reports said that due to the disruption of shipping in the Strait of Hormuz in the Middle East, the supply of approximately 70% of PPE resin in Saudi Arabia's Jubail Industrial Zone has been interrupted, triggering a price increase in the PCB industry. Is there any plan or implementation of a price increase for the company's electronic grade PPO resin and other products at the moment? Sanquan Group stated on the interactive platform that the high molecular weight polyphenylene ether produced in the Jubail Industrial Zone mentioned in the media reports belongs to the category of engineering plastics, with product performance focusing on mechanical strength, heat resistance, dimensional stability, etc., downstream applications are in the automotive, household appliances, industrial equipment, and other fields; the company's electronic grade PPO resin focuses on characteristics such as low dielectric, low loss, high-speed signal transmission, mainly used in the field of copper-clad laminate. The two belong to different product systems, with significant differences in technology routes and end markets, and there is no business relationship. Recently, the prices of the company's advanced electronic materials products have been stable, and there is no significant price increase.