Heshun Petroleum said at the 2026 semi-annual online performance briefing held on September 9 that the entire industry in which the company's refined oil retail and wholesale business is located has entered a critical period of structural adjustment, transformation and upgrading. The semiconductor industry, which has been transformed and developed by the company, is in a critical period of rapid growth in downstream demand and the development of domestic alternatives, and has broad market space. The company has acquired Kuixin Technology, which is an important starting point for the company's transformation into the semiconductor industry. In the future, the company will continue to increase investment in the semiconductor field, gradually achieve diversified development, and hedge against the cyclical risks of the traditional main business.

Heshun Petroleum said at the 2026 semi-annual online performance briefing held on September 9 that the entire industry in which the company's refined oil retail and wholesale business is located has entered a critical period of structural adjustment, transformation and upgrading. The semiconductor industry, which has been transformed and developed by the company, is in a critical period of rapid growth in downstream demand and the development of domestic alternatives, and has broad market space. The company has acquired Kuixin Technology, which is an important starting point for the company's transformation into the semiconductor industry. In the future, the company will continue to increase investment in the semiconductor field, gradually achieve diversified development, and hedge against the cyclical risks of the traditional main business.