Shengquan Group (605589.SH): The PPE mentioned in the company's related products and media reports shows significant differences in product system, technology route, and application market, with no direct business relationship.

Smart Financial News App, Shengquan Group (605589.SH) announced that the closing price of the company's A-shares on June 9, 2026, and June 10, 2026, consecutively increased by a cumulative deviation of 20%. According to the relevant provisions of the Shanghai Stock Exchange Trading Rules, this situation constitutes abnormal stock trading volatility. Recently, there have been media reports that due to conflicts in the Middle East and disruptions in shipping through the Strait of Hormuz, PPE production enterprises in the Jubail Industrial Zone in Saudi Arabia have halted production, leading to an increase in PCB and related resin prices. The products mentioned in the reports are high molecular weight polyphenylene ether (PPE), which belong to the category of engineering plastics. The company's related products have significant differences from the PPE mentioned in the media reports in terms of product systems, technical routes, and application markets, and they have no direct business relationship.