Shengtong Energy has achieved two consecutive daily limit-up, indicating that the company's operational situation is normal and there have been no significant changes in both internal and external operating environments in the near term.

On the evening of July 31, Shengtong Energy, with two consecutive trading limit up, disclosed a stock trading abnormality announcement, stating that the company's operating conditions are normal recently, and there is no significant change in the internal and external operating environment or related business. The company's main business is LNG procurement, sales, and transportation services. The price of LNG in China is determined by market pricing, and the LNG market price is influenced by factors such as market supply and demand, international natural gas prices, etc. Fluctuations in LNG market prices will cause changes in the price difference of the company's LNG purchase and sales, thereby affecting the company's profitability. The company mainly procures LNG through domestic market pricing and a 5-year long-term agreement procurement through "Import LNG Window One-Stop Service" and transports it to domestic end customers through LNG tank trucks. The company's window period agreement is sensitive to changes in market supply and demand, and the profitability of the company's LNG business will be affected by fluctuations in domestic LNG market prices.