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Zunyou Co., Ltd.: The company and its subsidiaries do not have oil and gas production operations, nor do they have overseas businesses.
On March 3rd, Zhunyou Co., Ltd. issued an announcement regarding abnormal stock trading fluctuations and risk warnings. Currently, the company’s revenue mainly comes from domestic oilfield technical services. The company and its subsidiaries do not have oil and gas production businesses or overseas operations. At the same time, the mobile equipment used in the company’s main oil service business is primarily powered by gasoline and diesel. An increase in refined oil prices will partially raise the company’s operating costs. Therefore, recent fluctuations in international crude oil prices and refined oil prices due to geopolitical factors still pose uncertainties regarding the company’s future performance.